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ENERGY X

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End-to-end building energy optimization solutions

Seoul, South KoreaFounded 2019Energy
Valuation $100–250M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About ENERGY X

EnergyX, founded in 2019 by co-founders Sean Sunghyun Park and Tom Doohwa Hong, is a company focused on sustainable architecture and energy efficiency for buildings. Park, the CEO, has a background in entrepreneurship, having co-founded a fintech company and served as a board director at Tapas Media. The company has positioned itself as a provider of end-to-end solutions for Zero-Energy Buildings (ZEBs), utilizing artificial intelligence and advanced manufacturing.

The company's business model centers on two main product lines: EnergyX Zero and EnergyX Systems. EnergyX Zero is an AI-powered software platform that provides simulation, analysis, optimization, and management for the design, construction, and operation of energy-efficient buildings. This is aimed at helping clients achieve sustainability goals like ZEB, LEED, ESG, and RE100. EnergyX Systems consists of Building-Integrated Photovoltaic (BIPV) systems that integrate solar energy generation into building components like facades and rooftops, which also offer features such as insulation and waterproofing. The firm's target clients include infrastructure owners, developers, architects, and construction companies.

EnergyX makes money through several models, including a subscription-based payment for its solutions and a model where clients allocate a percentage of their energy savings to the company. It also utilizes a Special Purpose Vehicle (SPV) model, using its own principal capital to invest in projects. The company has formed strategic financing partnerships with multinational corporations and financial institutions to support its projects. The company has expanded its operations, establishing a Japanese subsidiary, and in early 2025, announced a strategic expansion into the Gulf Cooperation Council (GCC) region, with a focus on Qatar, the UAE, and Saudi Arabia to support Vision 2030 initiatives.

By September 2024, the company had reportedly raised approximately $48 million in funding and completed over 1,600 building projects. It holds 261 intellectual property assets. The company's headquarters in Goyang-si, Republic of Korea, is a notable project, designed as a Plus-Energy Building.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Seoul, South Korea
Employees
34
Open positions
None listed
Dealroom signal
65.3/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Core AI, Sustainable Development Goals, Climate Tech, Hard Tech, AI Applications, 4YFN 2025, 4YFN, 4YFN 2026
Technology
Artificial Intelligence
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jan 2023 $20M $120M Honest Ventures · Ljovi · JJBM · Welcome Ventures ↗
SERIES A✓Equity / VC Mar 2020 $5.1M $40M Hyundai Technology Investment · Ophir Equity Partners · Simbon Investment Partners ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

ENERGY X website traffic

Latest recorded traffic for ENERGY X is 3.6K monthly website visits, up 2.9% over the last three months. ENERGY X's team declined 10.5% over the past year.

Latest monthly visits3.6K 3-month web change+2.9% 1-year team growth-10.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A11 investors entered at this stage

  • Hyundai Technology Investment
  • Ophir Equity Partners
  • Simbon Investment Partners
  • Honest Ventures
  • Ljovi
  • JJBM
  • Welcome Ventures
  • Shinhan Capital
  • Enlight Ventures
  • VTI Partners
  • Shinhan Asset Management

Other known investors3 additional known investors

  • Hyundai Department Store Group
  • Samsung Electronics
  • Shinhan Private Equity
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea · Seoul HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ENERGY X on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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