EnerCare

company

About

EnerCare, they believe that intelligent energy solutions can benefit everyone.

  • 501 - 1000

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$239.80M
Industries
Energy,Oil and Gas,Rental,Water
Founded date
Jan 1, 2002
Number Of Employee
501 - 1000
Operating Status
Active

EnerCare Inc. (EnerCare) is a strong Company with a compelling business model. The January 2011 conversion to a dividend-paying corporation allows the Company to access larger pools of capital and attract new investors.
The Company is engaged in the water heater rental and sub-metering businesses with over 1.1 million water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns Stratacon Inc. and EnerCare Connections Inc., leading sub-metering companies, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$239.80M
EnerCare has raised a total of $239.80M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2016 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2016 Post-IPO Equity $239.80M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
EnerCare is funded by 1 investors. Desjardins Securities are the most recent investors.
Investor Name Lead Investor Funding Round
Desjardins Securities Post-IPO Equity