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ERock

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Onsite utility-grade power systems and resilience services for data centers, utilities, and critical infrastructure

Houston, United StatesFounded 2006Energy
Valuation $250–500M Last recorded · 2026
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About ERock

Enchanted Rock, founded in 2006 by Thomas McAndrew, operates as a national provider of electrical resiliency-as-a-service. McAndrew, who now serves as a board member and strategic advisor after stepping down as CEO in June 2025, leveraged his background from the U.S. Navy's nuclear program, where he gained expertise in reliability systems, redundancy, and diesel generators. This experience informed the company's direction after Hurricane Ike in 2008 revealed high failure rates in conventional backup generators. The company name originates from McAndrew forming the business plan while hiking at Enchanted Rock State Natural Area in Texas.

The core of the company's business is providing fully managed, natural gas-powered microgrids to ensure uninterrupted power for its clients during grid failures. This 'Resiliency-as-a-Service' model involves Enchanted Rock handling the design, installation, 24/7 monitoring, and maintenance of the systems, relieving the customer of operational complexities. The business model has a dual purpose: the microgrids provide backup power to the client and, when not needed for backup, can sell power back to the main electrical grid, such as ERCOT in Texas. This generates revenue that helps offset the cost of the system for the customer, making it a more affordable alternative to traditional diesel backups.

Enchanted Rock serves a diverse client base that includes critical infrastructure, commercial, and industrial customers for whom power is mission-critical. Notable clients include grocery chains like H-E-B, data centers for companies like Microsoft, manufacturing plants, water purification plants, and healthcare facilities. The company’s microgrids are designed to be quieter and have a smaller footprint than diesel equivalents. A key feature is the use of natural gas and renewable natural gas (RNG), which produce significantly lower emissions than diesel generators and can help clients meet sustainability goals. The technology is also adaptable for future fuels, with successful tests using hydrogen blends. In May 2024, the company launched its 'Bridge-to-Grid' solution, offering temporary prime power for large-scale operations like data centers that are awaiting a permanent grid connection.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Houston, United States
Employees
368
Open positions
None listed
Dealroom signal
89.8/100
Industry
Energy
Sub-industry
Energy Storage
Sector
Energy, Sustainable Development Goals, Verified Unicorns and $1B Exits, Microgrid, Climate Tech, Verified Thoroughbreds
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPO✓Exit Jun 2026 $600M $4.7B Undisclosed ↗
GRANT✓Other financing Jan 2024 $2.1M — California Energy Commission ↗
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Financials

Revenue, earnings and profit over time

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

YearRevenueGrowthEBITDAMarginProfitMargin
2026
2025
2024
2023 — — — —
2022 — — — —
2021 — — — —
2020 — — — — —
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Growth signals

ERock website traffic

Latest recorded traffic for ERock is 15K monthly website visits, up 226.1% over the last three months. ERock's team grew 29.6% over the past year.

Latest monthly visits15K 3-month web change+226.1% 1-year team growth+29.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

3 investors on the cap table

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

Seed1 investor entered at this stage

  • California Energy Commission

Series B and later1 investor entered at this stage

  • Energy Impact Partners

Other known investors1 additional known investor

  • Tectonic Ventures
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
🇺🇸 United States · Houston HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ERock 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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