Enbridge

investment firm

About

Enbridge is a energy distribution company that provides distribution, gathering, processing and storage of natural gas.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$750M
Industries
Energy,Oil and Gas,Renewable Energy,Solar
Founded date
Apr 30, 1949
Operating Status
Active
Stock Symbol
tsx:ENB
Legal Name
Enbridge Inc.
Investor Type
Venture Capital

Enbridge is a Canadian Company that has a significant and growing involvement in natural gas gathering, and transmission. They have been included in the Global 100 Most Sustainable Corporations in the World ranking for the past five years.

Enbridge owns and operates Canada's largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick, and New York State. As a generator of energy, Enbridge has interests in 1,700 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy and geothermal.

Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB.

Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$750M $501.50M
Enbridge has raised a total of $750M $501.50M in funding over 2 rounds. Their latest funding was raised on Jan 19, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 19, 2022 Post-IPO Debt $750M Detail
Aug 5, 2019 Post-IPO Debt $500M Detail
Jan 30, 2014 Post-IPO Equity $1.50M 1 IntelliView Technologies Detail
Jan 13, 1995 IPO Detail

Investments

Number of Investments
Number of Lead Investments
14
8
Enbridge has made 14 investments. Their most recent investment was on Sep 20, 2022, when Flyscan raised $3.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 20, 2022 Flyscan
Seed $3.50M Oil and Gas
May 2, 2022 Smart Pipe
Corporate Round $6.60M Manufacturing Yes
Jun 26, 2021 KARADA PORTAL
Funding Round Health Care
Aug 11, 2020 Flyscan
Series Unknown $5.70M Oil and Gas
Jan 27, 2017 Midcoast Energy
Private Equity(PE) $170M Energy

Investors

Number of Lead Investors
Number of Investors
1
1
Enbridge is funded by 1 investors. IntelliView Technologies are the most recent investors.
Investor Name Lead Investor Funding Round
IntelliView Technologies Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
19
Enbridge has 19 current employee profiles, including Employee Susan M. Cunningham
Executive
Executive
Executive
Executive

Exits

Enbridge has had 2 exits. Enbridge most notable exits include Skyonic ,   Enbridge Energy Partners L.P.

Date Company Name Exit Type Industry
Oct 1, 2016 Skyonic M&A Clean Energy Detail
Feb 14, 1994 Enbridge Energy Partners L.P. IPO Electrical Distribution Detail

Acquisition

Enbridge has acquired 5 organizations. Their most recent acquisition was Cantera Resources on Nov 19, 2003. They acquired Cantera Resources for 0.

Date Company Name
Industry Acquisition Type Price
Nov 19, 2003 Cantera Resources
Advertising Detail
Aug 16, 2011 Tonbridge Power
Electrical Distribution acquisition $ 20M Detail
Sep 6, 2016 Spectra Energy
Energy lbo $ 28B Detail
Sep 7, 2021 Moda Midstream
Energy acquisition $ 3B Detail
Sep 29, 2022 Tri Global Energy
Commercial acquisition $ 270M Detail