# Enerex

> Enerex is a Houston-based vertical SaaS company that connects retail energy brokers, suppliers, utilities, agents and customers. Its four connected hubs cover sales, pricing, contracts, commissions, compliance, market data and partner discovery, replacing a brittle mix of spreadsheets, portals, email and generic CRMs with software built around the actual energy-deal lifecycle.

- **Founded:** 2019
- **Headquarters:** Houston, United States
- **Founders:** Nate Richards (CEO and Co-founder), Deepinder Singh (Co-founder)
- **Team size:** Approximately 54 employees in the supplied company record; LinkedIn lists a 51-200 employee range and describes a 100+ global team.
- **Products:** CORE, Sparkplug, BrokerHub, SupplierHub, DataHub
- **Notable:** Enerex says it supports more than 130 brokers and suppliers and powers over 10% of U.S. commercial-and-industrial retail energy transactions., The company says its platforms have managed more than $2 billion in supplier commissions., CRAFT surpassed $1 billion in commission transactions for supplier customers by January 2025.

## Products & services

- **CORE** — The original collaborative retail-energy sales and contract-management platform developed for brokers.
- **Sparkplug** — End-to-end broker CRM for leads, quotes, contracts, supplier relationships, commissions and renewals; now represented within BrokerHub.
- **BrokerHub** — Connected broker operating system for sales workflows, pricing, contracts, commissions and renewals.
- **SupplierHub** — Channel-management platform for broker onboarding, pricing distribution, commissions and compliance.
- **DataHub** — Market, regulatory and utility data services with compliance alerts, lookup tools and APIs.
- **MarketHub** — Partner discovery, onboarding and API-enabled transactions for brokers and suppliers.
- **CRAFT** — Commission management and pricing/revenue forecasting software for retail energy suppliers, acquired from Pariveda.
- **Propeller** — Supplier sales and channel-management platform connecting front-office channels with back-office operations.
- **Exchange** — Secure API connectivity and data exchange between retail-energy market participants.
- **Generator** — White-label self-service portal for residential and small-commercial pricing and enrollment.
- **Insights** — Consolidated public and proprietary market intelligence for regulatory, partner and pricing context.

## Achievements

- Enerex says it supports more than 130 brokers and suppliers and powers over 10% of U.S. commercial-and-industrial retail energy transactions.
- The company says its platforms have managed more than $2 billion in supplier commissions.
- CRAFT surpassed $1 billion in commission transactions for supplier customers by January 2025.
- Enerex appeared on the Inc. 5000 in 2021, 2022 and 2024; it ranked No. 3,644 overall and No. 56 in Energy in 2024 after 130% three-year revenue growth.
- The company reported completing a fourth consecutive ISO 27001 audit in 2022.
- CEO Nate Richards completed Nasdaq Entrepreneurial Center's 2022 Milestone Makers program focused on clean energy and climate action.
- Sparkplug had been adopted by more than 50 third-party intermediaries by early 2019, before its UK expansion.

## Latest updates

- **2026-03** — Enerex announced a new four-hub product organization: BrokerHub, SupplierHub, DataHub and MarketHub.
- **2025-10** — Capco became Enerex's recommended system integrator in a strategic digital-transformation partnership.
- **2025-03** — Enerex and Converged Energy announced an alliance integrating Converged's Pricing Desk with CRAFT and Propeller.
- **2025-01** — CRAFT passed $1 billion in supplier commission transactions.
- **2024-09** — Enerex made the Inc. 5000 for the third time, ranking No. 3,644 overall and No. 56 in Energy.

## Links

- Website: https://enerex.com
- LinkedIn: https://www.linkedin.com/company/enerexplatform
- Twitter/X: https://twitter.com/EnerexPlatform
- Facebook: https://www.facebook.com/EnerexPlatform

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Profile page: https://yespress.io/enerex
Published by YesPress — https://yespress.io
Last updated: 2026-08-20
