Fundraising FoxeNow
Warwick, US · Founded 2016 · 2 known investors
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eNow designs solar-based power and energy management systems for commercial trucks, trailers, RVs and marine vehicles.
Also known as eNow · eNow Energy · eNow, Inc.
Founders & leadership
eNow was founded in 2016 by Jeffrey C. Flath.
Board
Investors · 2
How we know: Slater Technology Fund's portfolio page · funding news · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$7.8M disclosed across 4 of 6 rounds · 2016–2021
- Undisclosed amountSeries ADec 2016Source ↗
▶$4.6MraisedJul 2021 · 6 investors · Other TechnologyRule 506(b)
- Peter TermynDirector
- James R. FlathDirector
- Ellen FlathExecutive Officer
- John LarkinDirector
- Ethan GarberDirector
- Jeffrey C. FlathExecutive Officer, Director
- Offering amount
- $6M
- Amount sold
- $4.6M
- Minimum investment
- $1
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$300KraisedNov 2018 · 2 investors · Energy ConservationRule 506(b)
- Matthew XanderExecutive Officer, Director
- Michael TousignantExecutive Officer, Director
- John LarkinDirector
- Thomas KoernerDirector
- Eliot ProtschDirector
- Jeffrey C. FlathExecutive Officer, Director
- James FlathExecutive Officer, Director
- Offering amount
- $900K
- Amount sold
- $300K
- Minimum investment
- $1
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$200KraisedNov 2018 · 2 investors · Energy ConservationRule 506(b)
- Eliot ProtschDirector
- James FlathExecutive Officer, Director
- Thomas KoernerDirector
- Michael TousignantExecutive Officer, Director
- John LarkinDirector
- Matthew XanderExecutive Officer, Director
- Jeffrey C. FlathExecutive Officer, Director
- Offering amount
- $300K
- Amount sold
- $200K
- Minimum investment
- $1
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.7MraisedMar 2016 · 21 investors · Other TechnologyRule 506(b)
- Bruce LeisingDirector
- Peter J. ArpinDirector
- Jeffrey C. FlathExecutive Officer, Director
- Matthew XanderExecutive Officer, Director
- James FlathExecutive Officer, Director
- Michael TousingantExecutive Officer
- Amount sold
- $2.7M
- Minimum investment
- $1
- First sale
- Mar 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026eNow, Inc. (operating at enowenergy.com) designs, develops, integrates and manufactures solar-based power systems and power management technology for commercial transportation. Its systems combine photovoltaic modules with control electronics for medium- and heavy-duty trucks, trailers, commercial and school buses and emergency vehicles, and the company also addresses the RV and marine markets. Applications range from roughly 25-watt battery charging systems supporting telematics, security and safety equipment up to about 5,400-watt installations capable of powering liftgates, in-cab HVAC climate control and trailer refrigeration units.
The stated value proposition centers on cutting fuel consumption and idling, helping fleets comply with anti-idling and emissions rules, and improving fleet logistics, with reported payback periods from fuel savings of one to two years depending on the application. The company positions its offering around durability, power output and return on investment, and has also described its approach in terms of Energy-as-a-Service for the commercial transportation sector.
Founding story
Founded in 2011 in Providence, Rhode Island, by Jeff Flath, who leads the company as Founder and CEO.
Business model
eNow supplies solar power and energy management systems for vehicles, generating revenue from system sales into the trucking industry; its solar panels are contract manufactured to eNow specifications as components, so the company avoids the technology and commodity exposure of a panel manufacturer. Management has described the business model as flexible, scalable and adaptable to changing market conditions, and has also referenced an Energy-as-a-Service framing.
Sales of proprietary solar-based power and energy management systems to commercial fleet and vehicle customers, distributed through OEMs and aftermarket dealers.
Traction
The company reported generating revenue from system sales to the trucking industry and progress within the transportation sector through partnerships with Dometic Group, Mitsubishi Fuso, Freightliner, Navistar, IdleAir and Vanner. In 2017 Canadian Solar took a 10% equity stake, intended to expand eNow's global reach.
Latest developments
In May 2017 Canadian Solar Inc. announced an equity investment making it a 10% shareholder in eNow, along with a partnership to accelerate PV-based mobile energy solutions for commercial vehicles.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
eNow has been described as a market leader in designing, developing and manufacturing solar-based power systems for the commercial trucking, RV and marine industries, serving a segment where the company says fleet customers lack competitive alternatives.
eNow emphasizes system durability, power output, low cost and quick return on investment, with fuel-savings payback of one to two years. Because its panels are contract manufactured to its own specifications, the company states it does not carry the technology and commodity risks of a solar panel manufacturer.
Technology
Photovoltaic modules paired with proprietary control and power management systems sized from roughly 25 watts for battery charging of telematics, security and safety devices to about 5,400 watts for liftgates, HVAC climate control and trailer refrigeration. Panels are contract manufactured to eNow's specifications, and the company has stated its technology was proven on vehicles over a period of more than three years.
Go-to-market
eNow's solar solutions are sold through vehicle OEMs and aftermarket dealers, supported by partnerships with transportation and component industry participants including Dometic Group, Mitsubishi Fuso, Freightliner, Navistar, IdleAir and Vanner.
Commercial trucking fleets and vehicle manufacturers, including medium- and heavy-duty trucks and trailers, commercial buses, school buses and emergency vehicles, plus the RV and marine markets.
Geography
U.S.-based company founded in Providence, Rhode Island, with headquarters listed at 133 Hallene Road, Warwick, Rhode Island; the 2017 Canadian Solar partnership was intended to extend the company's global reach.
History
eNow was founded in 2011 in Providence, Rhode Island, by Jeff Flath, who serves as Founder and CEO. In May 2017, Canadian Solar Inc. announced it had acquired a 10% minority equity interest in the company and entered a partnership to combine Canadian Solar modules with eNow's power management system.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsCanadian Solar Inc. (NASDAQ: CSIQ) announced it had acquired a minority equity interest in eNow, becoming a 10% shareholder. The parties framed the deal as a partnership pairing Canadian Solar's PV module technology with eNow's power management system for commercial vehicles.
Alongside its equity investment, Canadian Solar entered a partnership with eNow to bring Canadian Solar modules together with eNow's power management system, targeting reduced idling fuel use and CO2 emissions and powering vehicle auxiliary systems.
The two companies announced a partnership bringing Canadian Solar's solar module technology together with eNow's power management system for commercial vehicles, aimed at expanding eNow's global reach.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 4
primary sources listed
- enowenergy.com Reviews | check if site is scam or legit| Scamadviserscamadviser.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does eNow do?
- eNow designs solar-based power and energy management systems for commercial trucks, trailers, RVs and marine vehicles.
- Who founded eNow?
- eNow was founded by Jeffrey C. Flath in 2016.
- Who are eNow's investors?
- eNow's investors include Slater Technology Fund.
- How much funding has eNow raised?
- eNow has disclosed $7.8M raised across 4 of its 6 known rounds.
- Where is eNow headquartered?
- eNow is headquartered in Warwick, US.