Enevo
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 1.1m | 1.1m |
Date | Investors | Amount | Round |
---|---|---|---|
$340k | Seed | ||
€400k | Early VC | ||
* | €2.0m | Seed | |
N/A | Seed | ||
* | $8.0m | Series A | |
* | $15.8m | Series B | |
€2.3m | Grant | ||
€15.0m | Debt | ||
* | $12.0m | Series C | |
N/A | - | ||
Total Funding | €37.5m |
Recent News about Enevo
EditEnevo is a forward-thinking startup revolutionizing waste management through advanced technology and data-driven solutions. Operating primarily in the US, the UK, and globally, Enevo serves a diverse range of clients including cities, municipalities, restaurants, retail businesses, commercial real estate, and multi-family residences. The company’s core offering is its innovative waste management system, which leverages unique sensors and software to monitor waste levels in real-time.
Enevo's business model is built around enhancing existing waste systems to make them more efficient, transparent, insightful, and sustainable. By using Enevo’s technology, clients can optimize their waste collection schedules, ensuring that pickups occur only when necessary. This not only reduces operational costs but also minimizes environmental impact by cutting down on unnecessary waste collection trips.
The company generates revenue through a subscription-based model, where clients pay for access to Enevo’s technology and data analytics services. This includes the installation of sensors, continuous monitoring of waste levels, and detailed analytics that help clients manage their waste more effectively. Additionally, Enevo partners with waste haulers of all sizes, providing them with the tools to improve their services and reduce costs.
Enevo’s technology-driven approach offers significant benefits to its clients. For instance, a multimillion-dollar doughnut franchise was able to save 28% on waste management costs by using Enevo’s solutions. The company’s platform is user-friendly and designed to provide comprehensive insights into waste generation, helping clients proactively manage their waste and increase sustainability over time.
In summary, Enevo is transforming the waste management industry by providing smart, data-driven solutions that enhance efficiency and sustainability for a wide range of clients.
Keywords: Waste Management, Technology, Sensors, Data Analytics, Efficiency, Sustainability, Cost Reduction, Real-Time Monitoring, Subscription Model, Global.