United States · Utilities startup

SparkMeter

SparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya.

Funding reportedLast round: Corporate round

UtilitiesWashington, United States

About SparkMeter

SparkMeter is a technology company founded in 2013 and based in Washington, D.C., with significant operations in Nairobi, Kenya.

The company specializes in smart metering solutions and grid management software designed for emerging markets and developing countries. SparkMeter aims to improve energy access for the approximately 2.1 billion people lacking reliable electricity, enabling utilities and governments to provide affordable and clean power. The company offers a range of services, including smart metering solutions, grid management software, pay-as-you-go electricity systems, and customer communication tools. Its product portfolio features both hardware and software components, such as smart meters, a cloud-based grid management platform, and a prepaid billing system. SparkMeter primarily serves B2B clients, including central grid utilities, microgrid operators, and government agencies, focusing on regions in Asia, Sub-Saharan Africa, and Latin America. With a commitment to operational excellence, SparkMeter supports nearly 1 million electricity users in these markets.

What company datasets say SparkMeter raised

Funding, as reported

Reported in all$41Min dollars
Rounds8
Last roundCorporate round
Last round size$5.0M
Last round dateNov 2023
Investors listed13
SEC Form D$44M sold, 5 filings, last Feb 2023

Founders and team

From the SEC filings it signed: 1 on the team.

  • Daniel SchnitzerExecutive Officer, Director, Promoteri

On the board, as filediAllison ArchambaultBahman HoveidaJohn Price HarperRaymond DunnSila KiliccoteTokunboh Ishmael

On a portfolio page

Investors who name them

Each firm lists SparkMeter on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

grid edge managementsupply cost optimizationclean energy & technologycustomer engagementgridscanlow-voltage transformer sensingreal-time dataenglish speaking caribbeandistributionelectric power generationenterprisesremote meteringutilitiessmart grid analyticsinformation technology & serviceskoios cloud software

Built with from their website

AtlassianMailChimpGoogle WorkspaceGoogle MeetSalesforceWhatsAppGoAmazon Route 53Ruby On RailsRuby

+8 more

GitLabAmazon EC2JiraAmazon AWSPythonVueJSZendeskMacaron

Sector
Utilities
Industry code
NAICS 22111, 334515, 513210, SIC 4911
Region
District of Columbia
Revenue
$5.0M a year, as listed
Full record
Every detail in the company directory

Utilities in United States

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