INVEST IN ENACT SYSTEMS TODAY!
Generated $3.5M+ revenue already without a large institutional raise and have some of the largest global solar industry players as customers already
Onsite solar and energy storage (projects on buildings and homes) is already a $10B/year industry in the US market, and $100B+ per year globally
Innovative, high-margin business model : both installer and customer revenues, make it a very powerful SaaS-driven marketplace with a CLTV to CAC ratio >5. They have seen similar platforms in other industries do extremely well once they reach critical scale
ENACT offers an interesting investment opportunity: we bring the power of data and business automation in a specific vertical integration (renewable energy), which although a massive industry, operates in a fragmented way globally. We believe ENACT’s platform has the potential to create huge value for all stakeholders in the industry, leveraging its end-to-end focus and reliance on data analytics.
Onsite solar and energy storage - i.e. projects on buildings and homes - is already a $10B/year industry in the US market, and $100B+ per year globally. Yet over 50% of the total installed price of a typical US project is soft costs, made up of installation labor, financing, services and operations. While such projects generate huge savings and sustainable electricity, it’s a complex transition for customers that can and should be simplified for the sector to scale. Customers have a difficult purchase cycle as they are largely unable to compare options for providers, understand their true cost benefit of switching to solar, and often times don’t have the tools to measure their ROI in financial terms.
This dilemma leads consumers to pick from multiple bids without full deal transparency and no assurance of outcome. Their ownership experience can suffer as well since many consumers run the risk of making an ill-informed decision when choosing providers. Installation Providers are largely small to medium-sized businesses today with a challenging business due to the nascent stage of the industry. Every solar and/or energy storage system sources from multiple vendors, involves complex design, requiring local approval (city, utility), and combining multiple skill sets. Needless to say, installers struggle to scale without technology & process.
And after the installation, it’s very difficult for the average customer to track financial benefits in real-time such as adjusting for rates, usage and performance Until now. ENACT SYSTEMS is changing all that.
We launched ENACT SYSTEMS to leverage software and data to transform the end-customer’s experience for solar and energy storage. We also aim to empower installers with business productivity tools powered by data analytics, therefore lessening the soft-cost problem with an end-to-end platform. ENACT is emerging as one of the leading industry platforms for this growing Distributed Solar and Storage projects globally. ENACT’s platform offers two products, addressing both sides: End-customers (Engage) and Installers (Envision). Envision is focused on automating project design, contracts and deployment, while Engage is focused on improving customer engagement, starting with their first contact all the way to a lifetime of ownership with full transparency on outcomes.
ENACT’s Cloud Software and Analytics platform simplifies the solar transition for homes and businesses. It also provides an independent ‘single source of truth’ for the entire Asset Lifecycle of a project, catering to needs for all stakeholders including Installers. ENACT’s new direct-to-consumer services offering - launched only in California - allows home-owners to schedule live design services as well as procurement support for their solar and storage needs. ENACT’s Energy Services team has also worked with top US Corporate clients like REITS, Industrial Manufacturing and Data center clients on supporting their solar transition.
From a business model perspective, ENACT has successfully monetized 3 sources of revenue, all with 90%+ gross margin. ENACT’s primary revenue source has been recurring subscription revenue from installers and developers using the platform in the US and internationally, with customers paying $5k to $50k per year for the subscription. ENACT’s second recurring revenue is from end-customers that manage solar and storage assets using the ENGAGE App, with customers paying $150 to $5000 per year, based on size and type of project. The third source of revenue for ENACT is for platform origination services for both residential and commercial customers.
ENACT has proven its legitimacy by generating over $3.5 million in cumulative revenue, with B2B subscription and transaction revenue on the platform. ENACT’s platform processes over $1.5 billion worth of projects annually, with more than 1000 users in over 20 countries. Specifically, ENACT has found immediate success in the US market and is also establishing ourselves well in 20+ countries including UAE, South Africa, SE Asia and India. Some of our more notable customers are leading global developers such as Black and Veatch, Mahindra Susten, OEMs like Jinko Solar, distributors like CED Greentech and Rubicon, REITs like Pebblebrook, and Corporates like JLL as well as the thousands of homeowners who use our platform already. We have also benefited greatly from press mentions on notable sites like Bloomberg, Yahoo, PV Magazine and Climatebase.
The global Serviceable Addressable Market that ENACT is in generated $5 billion per year globally in 2021, of which almost $1 billion was generated in the US alone. The End-customer services for Energy and Asset Management drive the primary growth of the market, followed by revenue from installers who seek improved business productivity tools as well as origination services for new deals. The Distributed Solar and Energy Storage market is expected to grow at a CAGR of 63% during 2019-2023. Bloomberg New Energy forecasts over $5 trillion in new distributed solar and energy storage projects globally in the next two decades.
The ENACT ENVISION SaaS Product for new project development by installers and project Developers uses digital imaging-based visualization and data-processing for remote design, energy usage and utility rate analysis. It also combines with pricing, bill-of-materials, and financing analysis, leading to accurate and transparent sales proposals and contracts. ENVISION integrates powerful workflow automation and decision-based analytics as well for tracking resources and timelines.
The ENACT ENGAGE SaaS Product focused on purchase and management of existing assets by homeowners and fleet owners. It’s available as an App now on IOS and Android stores. ENGAGE integrates through Cloud APIs to physical hardware that’s deployed on customer locations. It processes live IOT feeds to visualize overall asset performance and financial return on investment, as well as verification on financial projections. ENGAGE also visualizes live power flows and asset operations, alerting customers on performance issues, predicting future savings and enabling live customer support.
With the global climate crisis at hand, we are seeing an unprecedented shift to clean energy sources. ENACT’s platform is designed to support this massive transition, leveraging its business automation capabilities and data-analytics, creating huge value for all stakeholders. Our revenue growth numbers have already proven our platform’s legitimacy, and with proper backing, we can scale our unique model to take a large chunk of this growing market. Help ENACT become the leader in solar and renewable energy management and become a shareholder today.
ENACT SYSTEMS Inc. is a leading cloud platform for the Solar and Energy storage industry. The Core ENVISION platform powers complete business operations for thousands of professionals including developers, installations providers and OEMs, digitizing project development and customer asset services. ENACT is headquartered in the San Francisco Bay Area, with team members in multiple countries.
Head of Energy Services
Deep started his career in the automotive industry at DaimlerChrysler USA, where he held positions of increasing responsibility in Product Engineering. Thereafter Deep led Project Management for Roland Berger Strategy Consultants at their headquarters in Munich, Germany, focusing on growth strategy, due diligence and financial re-structuring for large automotive clients.
Deep has a Mechanical Engineering degree from IIT Kharagpur, India, Master’s degree in Engineering from Penn State University, and an MBA from University of Michigan, Ann Arbor.
Head of Engineering
Ashish has a Bachelors Degree in Computer Engineering from Maharashtra Institute of Technology, Pune, India and Masters Degree in Computer Science from University of Houston, Texas.
Sales for behalf of Q-Cells SE (now Hanwha Q-Cells), Germany, where he led sales of PV Components, launched Thin Film Modules, established Channel Partners in India, and setup a Centre of Excellence (COE) for PV Systems Engineering for South East Asia/Middle East region.
Outside of the PV Industry, Manasij has worked with major IT Consulting organizations, including PwC, i2, Digital Harbor etc, to lead Supply Chain & Digital Transformation Projects in Fortune 500 companies worldwide.
Manasij has a B.Tech degree from IIT Kharagpur, India, and an MBA from University of Cambridge, U.K.
Head of Product (ENGAGE)
Head of Product Management (ENVISION)
Customer Success Manager
Senior Energy Advisor
Customer Success Manager
Senior Manager, Energy Services
Maximum Number of Shares Offered subject to adjustment for bonus shares
ENACT Systems Inc.
6200 Stoneridge Mall Road Ste 300, Pleasanton, CA 94588
Minimum Investment Amount
Minimum Number of Shares Offered
Maximum Number of Shares Offered
Price per Share
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Extremely Early Bird - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus shares
Early Bird - Next 7 days | 5% bonus shares
Receive 5% bonus shares
Receive 10% bonus shares and Free ENGAGE App for 5 years
Receive 10% bonus shares, Free ENGAGE App for 5 years, and a $250 discount for solar and/or storage purchase
Receive 15% bonus shares, Free ENGAGE App for 5 years, and a $500 discount for solar and/or storage purchase
Note: ENGAGE App and discounts only for US states
*All perks occur when the offering is completed.
ENACT will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $9.65 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $965. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
We are excited for all those investors who have joined us the last few days and we just crossed the $150k milestone.
Today is the final deadline - few hours left! So do not miss this opportunity. Quick recap on 3 Reasons to Invest
1. Generated $3.5M+ revenue already without a large raise and have some of the largest industry players as customers already
2. Customer-Onsite solar and energy storage is already a $10B/year industry in the US market, and $100B+ per year globally
3. Innovative, high-margin business model : both installer and customer revenues, make it a very powerful SaaS-driven marketplace
A big ' thank you' for all your support on our journey to expand clean energy access across the world.
Thanks and best regards,
CEO, ENACT SYSTEMS INC
Our campaign closes tomorrow and we organized a live webinar with Deep Chakraborty, CEO of ENACT SYSTEMS
For those who missed it, here's a recording - a lot of excellent questions asked.
Do not miss this investment opportunity!
Thanks and best regards
The investment opportunity is closing shortly, only 2 days to go!
Please join us for this special opportunity for @StartEngine investors to meet with our CEO, Deep Chakraborty who will share more on the company's growth plans and recent success, followed by an open Q&A forum - Jan 19th, 11:30am PST.
Register today on the link below:
ENACT SYSTEMS INC
We launched the next generation of our ENVISION Product for Solar and Storage Design at Intersolar North America this week.
Check out the 30 second preview of this exciting capability. Our AI-enabled platform now highlights irradiation on every point of the roof adjusted for shade due to trees, orientation and roof obstructions. We generate detailed shade reports that show solar access every month.
We just got back from two days of packed exhibiting at the Long Beach Convention Center....yes, we did wear our masks (just removed for the photo opp below!)
With only 4 days left to go, do not miss the opportunity to join this round.
ENACT SYSTEMS INC.
One of our top customers leveraging the ENACT ENGAGE platform to manage renewable energy assets is JLL, the global leader in real estate managing over 4 Billion square feet in properties and facility management.
According to JLL, over 55% of Corporate occupiers plan to 100% renewable energy by 2025 or beyond. Also 59% of real estate owners plan to generate their own renewable energy by 2025. JLL's clean energy team is enabling this transition for their client and ENACT is proud to partner with them.
Only 8 days to go on our StartEngine campaign! So do not miss the opportunity to join the #1 Software platform for Solar and Storage.
Also please do not forget to join us for a special webinar opportunity for @StartEngine investors to meet with our CEO. Register today on the link below: https://enact-systems.zoom.us/
ENACT SYSTEMS INC
The investment window closes on 1/22. So only 10 days to go!
For those of you in the Southern California region, please stop by to attend InterSolar @ Long Beach where ENACT is exhibiting.
Also please do not forget to join us for a special webinar opportunity for @StartEngine investors to meet with our CEO, Deep Chakraborty who will share more on the company's growth plans and recent success, followed by an open Q&A forum - Jan 19th, 10:30am PST.
Register today on the link below:
Marketing Manager, ENACT SYSTEMS INC
Please join us for this special opportunity for @StartEngine investors to meet with our CEO, Deep Chakraborty who will share more on the company's growth plans and recent success, followed by an open Q&A forum - Jan 19th, 10:30am PST.
The investment window closes on 1/22. So only 13 days to go!
Register today on the link below:
Thank you for all your support in recent weeks on this exciting campaign. Only 14 days to go!
We have been busy and utilized the funds raised on StartEngine to relaunch our ENGAGE.Solar web platform. Check it out today!
We are excited about the future of solar and storage. Thank you for all your feedback this far and please spread the word on ENGAGE.Solar with your friends and family!
ENACT SYSTEMS INC.
[The following is an automated notice from the StartEngine team].
As you might know, Enact Systems has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Enact Systems be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
Dear Investors - Wish you all a very Happy New year. Only 15 days to go on the ENACT Campaign, closing soon!
Some exciting news coming from Europe: A new report by SolarPower Europe shows 2021 was the best year for solar installations in the EU with a record-breaking 25.9 GW of photovoltaic (PV) capacity connected to the grid.
ENACT is proud to announce we now have our first paying customer in Europe, in Germany. Our Envision product is getting positive feedback from several European customers.
In 2021, Germany also remained the top solar market in the EU with expected installations of 5.3 GW for an 8% on-the-year increase. The leader in installations per capita is the Netherlands with 765 W/capita, a jump of 42% from 2020.
CEO, ENACT SYSTEMS
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Receive 5% bonus shares
Receive 10% bonus shares and Free ENGAGE App for 5 years
Receive 10% bonus shares, Free ENGAGE App for 5 years and a $250 discount for solar and/or storage purchase
Receive 15% bonus shares, Free ENGAGE App for 5 years and a $500 discount for solar and/or storage purchase
Cancel anytime before 48 hours before a rolling close or the offering end date.
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