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Summary*

energyX, founded in 2016 and headquartered in Toronto, Canada, is a Software as a Service (SaaS) company specializing in energy efficiency solutions for the utility sector. The company's platform automates customer engagement and program management for energy efficiency initiatives, offering end-to-end management of energy efficiency programs. These programs include customer targeting, enrollment, audits, retrofits, and payments.

Since its inception, energyX has raised a total of $2.5 million in funding, demonstrating investor interest in its innovative approach to energy efficiency management. The company's focus on sustainability and utility sector optimization positions it well in the growing clean energy market.

In February 2024, energyX was acquired by Apogee Interactive, a significant development that may impact any potential plans for going public. As of now, there is no concrete information available regarding energyX's IPO prospects or intentions to list on public markets.

Given the recent acquisition, it's important to note that any discussions about energyX stock or investing in energyX shares would need to consider the company's new status as a subsidiary of Apogee Interactive. Potential investors interested in gaining exposure to energyX's business model and technology may need to explore investment opportunities in its parent company instead.

While we cannot speculate on the likelihood or timing of an IPO for energyX, investors interested in the energy efficiency and utility software sectors may want to keep an eye on developments related to both energyX and Apogee Interactive. As always, it's crucial for potential investors to conduct thorough research and consider seeking professional financial advice before making any investment decisions.

How to invest in energyX

While energyX's IPO prospects remain uncertain, investors eager to gain exposure to innovative energy companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the renewable energy sector. Our platform allows you to diversify your portfolio with lower minimum investments in emerging industry pioneers like energyX, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.