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Deep Chakraborty

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How Enact Systems Processed $1.5B of Solar Projects With 18 Employees and a ~$1M Run Rate (Interview with Co-Founder Deep Chakraborty)

Deep Chakraborty (Co-Founder and CEO of Enact Systems) spoke to Nathan Latka on November 9, 2021.

Enact Systems figures from the interview

Annual Revenue Run Rate, approaching (Nov 2021)
~$1M
Revenue Growth (2021)
40%
Projects Processed on Platform (Since Sept 2020)
$1.5B
Total Funding Raised
$4M
Team Size (2021)
18
“The Enact platform processes over $1,500,000,000 of projects now for solar and storage across the world in 23 countries. And we have deployed over three gigawatts of projects we always measure in terms of capacity.”
“We have over 100 enterprises in 23 countries, and 1,000 plus users, users meaning people who actually log in and do work on it.”
“The average company, SMBs are small and medium companies, which is the majority of the market, they're spending less than $10,000 a year to use the platform, and it's a user per month subscription model.”

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Bio

Deep is an entrepreneurial business leader, currently leading ENACT SYSTEMS an award-winning cloud platform for the distributed energy industry. ENACT is on its fifth year, with market leadership globally in the sector of software platforms for solar and storage. ENACT’s unique software platform automates design, financing, installation and asset management for solar projects.

Company

ENACT SYSTEMS INC

Pleasanton, United States · Founded 2014

Revenue
$8.4M
Funding
$7.2M
Team size
230
Customers
100

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