Enervee
“Can a white-label utility marketplace become the default commerce and financing layer for the energy transition?”
Founded2010
HQLos Angeles, California, United States
FoundersMatthias Kurwig
Total raised$40.5M
IndustryVertical SaaS / Energy & Utilities
The story
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.
Product timeline
2012
Launched Enervee.com 1.0 — first product comparison site focused on energy savings· launch
2012
Developed the Enervee Score (0-100 efficiency rating)· product
2015
Launched first utility online marketplace for PG&E with online rebate processing· launch
2015
Series A led by Obvious Ventures· funding
2021
Launched Eco Financing — embedded lending at checkout for efficient appliances· lending
The stack
2 layers disclosed in Enervee’s embedded-finance stack
Lending
U.S. Bank AvvanceKeyPoint Credit UnionMaps Credit UnionPeach FinanceEco Financing (installment loans at checkout for energy-efficient appliances)
Sponsor bank
in the full report
Accounting gap: none
3 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.