- EnergyX Solutions, Inc. , a Toronto, Canada-based cleantech company, raised an additional $1m in funding
- The round, which brings the total amount raised to date to $5M in equity and non-dilutive financing since its inception in 2016
- The company also intends to use the funds to accelerate its expansion into the U.S.
- EnergyX Solutions is an AI-powered SaaS company that enables utilities to increase customer participation in energy efficiency programs
- Their technology white-label licensed by utilities and government organizations to help them engage customers, manage programs
- In 2019, EnergyX was able to expand within the U.S. market, and is currently providing its solution to utilities across California, Washington DC, Ohio and New England