“Can a white-label utility marketplace become the default commerce and financing layer for the energy transition?”
Founded 2010 as a consumer product-comparison site focused on energy efficiency. Pivoted to a B2B2C white-label utility marketplace platform in 2015 (starting with PG&E), building revenue on rebate processing for utilities and state governments. Launched Eco Financing in 2021 to add embedded installment lending at checkout, positioning the platform as a full commerce+incentives+lending stack for utility demand-side-management programs.
Enervee discloses U.S. Bank National Association, KeyPoint Credit Union and Maps Credit Union as its sponsor banks, according to the Embedded Finance Index 2026.
Enervee does not disclose a bank charter of its own; its banking services are provided through U.S. Bank National Association, KeyPoint Credit Union and Maps Credit Union.
Enervee's lending and capital products are provided by U.S. Bank Avvance, KeyPoint Credit Union, Maps Credit Union and Peach Finance.
The Embedded Finance Index 2026 maps 2 layers in Enervee's stack: Lending (U.S. Bank Avvance, KeyPoint Credit Union, Maps Credit Union, Peach Finance and 1 other); Sponsor bank (U.S. Bank National Association, KeyPoint Credit Union and Maps Credit Union).
Enervee was founded by Matthias Kurwig and is founded in 2010, headquartered in Los Angeles, California, United States.
Enervee has raised $40.5M in total.
Get a read on where your own stack stands against Enervee and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.