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ENlighten
A business platform that connects project owners with market players in renewable energy sector, with a strong focus on pooling pipelines and deal structuring
About ENlighten
ENlighten, formerly known as SolarConnect, is a South Korean energy climate technology company founded in 2016 by CEO Lee Young-ho. The company is headquartered in Seoul and aims to simplify the production and consumption of energy for everyone through its technology and data-driven business ecosystem. Lee Young-ho's background includes a degree in Electrical Engineering and Economics from Seoul National University and previous experience at Mirae Asset Daewoo's Infrastructure Finance Headquarters. The company has successfully raised 44.5 billion won (approximately $34.7 million) in total funding, with its Series C round completed in 2022. Investors include Korea Development Bank, Yuanta Investment, and BNK Venture Capital.
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ENlighten operates a business platform that connects renewable energy project owners with market players, focusing on deal structuring and pooling pipelines. The company provides financial consulting and project management services, including business site reviews, equipment sales, power broking, and demand resource trading. A core offering is its 'SOLAR CHAMP' platform, a power asset management tool that holds a significant 26.3% share of the domestic solar energy market in South Korea. This platform allows solar plant owners to monitor their facilities, estimate power output using deep-learning technology, and manage revenue in real-time. It serves a fragmented market of small-to-medium-sized solar operators, creating economies of scale by integrating them into a single platform. ENlighten's business model is expanding towards an Energy as a Service (EaaS) subscription model, combining electricity, gas, and telecommunications.
The company's services cater to a range of clients, from small self-employed solar farm operators to large corporations. ENlighten has established notable partnerships, including working with Naver, Hanwha Solutions, and SK Telecom. It has also signed a third-party Power Purchase Agreement (PPA) with Naver and provides RE100 solutions to major companies like Lotte Global Logistics, Hyundai Motor, and KT&G. As a Virtual Power Plant (VPP) solutions provider, ENlighten uses its technology to accurately forecast power generation based on weather data, enhancing the profitability of its customers' renewable energy assets and contributing to the stabilization of energy markets.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seoul, South Korea
- Employees
- 57
- Open positions
- None listed
- Dealroom signal
- 68.1/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Energy Providers
- Sector
- Energy, Solar Energy, Sustainable Development Goals, Climate Tech, B2b Online Marketplace, Investment Intermediary, Renewable Energy, Hard Tech
- Business model
- Marketplace & ecommerce, SaaS
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning ENlighten.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jan 2026 | $25M | $101M | Undisclosed | ↗ |
| SERIES COther financing | Mar 2021 | $17M | $70M | BSK Investment · BNK Venture Investment · Korea Development Bank · Shinhan Venture Investment | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ENlighten is 3.9K monthly website visits, up 21.9% over the last three months. ENlighten's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
BSK Investment- BIBNK Venture Investment
Series B and later2 investors entered at this stage
Korea Development Bank
Shinhan Venture Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ENlighten 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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