Energy utility company E.ON has agreed to acquire a stake in energy data analytics provider Enervee, which raised $3.7m in series A funding last month.

Energy utility E.ON is set to invest an undisclosed sum in Enervee, a US-based data analytics company focused on the energy market,.

Founded in 2012, Enervee has developed a platform that collects data concerning the energy consumption of home appliances, and presents that data alongside products and customer reviews.

The service enables users to make an informed choice about which devices could be replaced with more energy-efficient options. Enervee will use E.ON’s investment to adapt its platform for the European…