Enphase Energy Enhances its Digital Platform with the Acquisition of Sofdesk Inc.
Expands Digital Offering for Solar Installers to Simplify and Shorten the Sales and Installation Process
Source: ENPHASE ENERGY | January 26, 2021
FREMONT, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced the closing of its acquisition of Sofdesk Inc., headquartered in Montreal, Canada. Sofdesk’s Solargraf™ integrated software platform offers the industry’s leading digital tools and services designed to simplify and accelerate the end-to-end sales process across the residential solar industry.
The Solargraf platform provides solar installers with critical pre-sales engagement design, quoting and work-flow management from any PC, tablet or mobile device. In addition, Sofdesk also offers Roofgraf™, a software product that enables roofing contractors to generate homeowner proposals using advanced machine learning technology.
The acquisition is expected to provide the following benefits:
Secures a software platform that helps create a reliable and predictable buying experience across the residential solar market, leading to better customer experiences
Adds significant resources to accelerate the software product roadmap and provide best-in-class customer service to Sofdesk’s 700+ solar installer base
Offers digital sales enablement tools and services to the Enphase Installer Network for homeowner proposal generation, permitting, third-party financing, and post-sales support
Develops a new customer segment of roofing contractors that subscribe to Roofgraf, Sofdesk’s roofing software
Augments Enphase’s existing software engineering capabilities with a talented team of software engineers with Artificial Intelligence and Machine Learning expertise