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EnOcean

Energy · Oberhaching, Germany · Founded 2001

Manufactures and markets wireless sensor solutions for use in buildings and industrial installations MoreLess

EnOcean GmbH operates as a developer of patented, self-powered wireless technology, originating as a venture-funded spin-off from Siemens AG in 2001. The company, co-founded by Frank Schmidt and Armin Anders, is headquartered in Oberhaching, near Munich. Armin Anders, who holds a degree in electrical engineering, previously worked at Siemens AG in roles including Marketing Manager and Project Manager for Corporate Technology before becoming a Venture Manager responsible for startups. This background directly relates to his role in co-founding EnOcean and developing its business plan.

The core of EnOcean's business is its energy harvesting technology, which enables wireless sensors and switches to function without batteries or wired power. These devices harness energy from their immediate surroundings, such as motion from a switch press, indoor light via miniaturized solar cells, or temperature differences through thermoelectric converters. This eliminates the need for maintenance to replace batteries, a key selling point for its clients. The technology platform includes miniaturized energy converters, ultra-low-power electronics, and robust radio communication. The firm's wireless standard was ratified as the international standard ISO/IEC 14543-3-10 in 2012.

EnOcean's business model is centered on being a technology supplier, providing its energy-harvesting wireless modules—including transmitters, receivers, and energy converters—to original equipment manufacturers (OEMs). These partners, numbering over 500, integrate EnOcean's technology into their own products. The company serves clients across various sectors, primarily in building automation, but also in smart homes, LED lighting control, and industrial applications. Its solutions are used to control lighting, heating, and cooling, with the goal of optimizing the CO2 footprint of buildings. The company generates revenue by selling its modules, components, and finished products through a global network of distribution partners. To promote interoperability, EnOcean was instrumental in creating the EnOcean Alliance in 2008, a non-profit consortium of now nearly 400 companies that standardizes communication protocols, ensuring that devices from different manufacturers can work together seamlessly.

Keywords: energy harvesting, wireless sensors, IoT, building automation, smart buildings, maintenance-free sensors, batteryless technology, Siemens spin-off, ISO/IEC 14543-3-10, sensor-to-cloud, smart home, industrial IoT, wireless switches, OEM technology supplier, EnOcean Alliance, self-powered sensors, green buildings, CO2 reduction, lighting control, HVAC control

Company overview

EnOcean company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2001
Headquarters
Oberhaching, Germany
Employees
67
Open positions
2
Dealroom signal
65.2
Investment activity
1 companies · latest Jan 2025
Capital deployed
Preferred round
ACQUISITION
client focusb2btechnologyDeep TechtechnologyRecognition Technologysub industryEnergy EfficiencytechnologyIoT InternetOfThingsbusiness modelManufacturingsectorSustainable Development GoalssectorEdge ProcessingsectorIndustrial TechnologysectorIndustrial ConnectivitysectorManufacturing TechsectorClimate TechsectorManufacturingsectorHard Tech

Valuation & funding

EnOcean funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Sep 2023 $0 Innovation Industries
LATE VCEquity / VC Dec 2009 $8.8M $55M Undisclosed
SERIES DEquity / VC Aug 2008 $5M $20M N47 · BayTech Venture Capital · Emerald Technology Ventures · ATMOS
SERIES CEquity / VC Mar 2005 $11M $44M Wellington Partners · BayTech Venture Capital · 3i Group · N47
SERIES BEquity / VC Jan 2004 $4.8M $19M BayTech Venture Capital · Wellington Partners · N47 · 3i Group
SERIES AEquity / VC Feb 2002 Wellington Partners · BayTech Venture Capital · N47
CORPORATE SPINOUTOther financing Jan 2001 Siemens
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $19M 0% $165K 0.9% −$2.4M -13% $2.8M
2025 $19M 0% $165K 0.9% −$2.4M -13% $2.8M
2024 $19M 0% $165K 0.9% −$2.4M -13% $2.8M
2023 $19M -11.1% $165K 0.9% $2.8M
2022 $21M +24.1% $165K 0.8%
2021 $17M +5931.4% $165K 1%
2020 $280K $286K 102%
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Growth signals

EnOcean website traffic

Latest recorded traffic for EnOcean is 21K monthly website visits, down 8.7% over the last three months. EnOcean's team declined 4.3% over the past year.

Latest monthly visits21K 3-month web change-8.7% 1-year team growth-4.3%
Monthly website visits141 observations · Oct 2014–Jul 2026
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Comparisons

EnOcean compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

EnOcean investments and acquisitions

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

Talent graph

EnOcean's talent

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Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 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.

Investors

9 investors on EnOcean's cap table

Sourced from Dealroom's funding and investor records.

Series A 4 investors entered at this stage
Wellington Partners
BayTech Venture Capital
N47
3i Group
Series B+ 4 investors entered at this stage
Siemens
Emerald Technology Ventures
ATMOS
Innovation Industries
Other known 1 additional known investor
SET Ventures

Global footprint

Where EnOcean has talent and traffic

Workforce by country
9 countries with
team presence
🇩🇪 Germany50%
🇺🇸 United States25%
🇳🇱 Netherlands6.8%
🇬🇧 United Kingdom4.5%
🇩🇰 Denmark4.5%
Top 5 of 9 shown

In the news

Latest news about EnOcean

Recent press, funding announcements, and product moves mentioning EnOcean — open to read from the original sources.

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Market sentiment

What the market is saying about EnOcean

An AI-synthesized read of the highest-engagement posts about EnOcean on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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