# SparkMeter: Utilities, Washington, United States

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

Source: https://millionrounds.com/startup/sparkmeter (Millionrounds; every figure on the page links to its filing or article)

United States · [Utilities startup](https://millionrounds.com/companies)

# SparkMeter

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

Email

Funding reported Last round: Corporate round

Utilities Washington, United States

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Company summary

- **Founded:** 2013 13 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $41M in dollars
- **Last round:** Corporate round Nov 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for SparkMeter has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$41M** in dollars

Rounds **8**

Last round **Corporate round**

Last round size **$5.0M**

Last round date **Nov 2023**

Investors listed **13**

SEC Form D **$44M sold, 5 filings, last Feb 2023**

## Founders and team

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

- **Daniel Schnitzer** Executive Officer, Director, Promoter i

On the board, as filed i *Allison Archambault* *Bahman Hoveida* *John Price Harper* *Raymond Dunn* *Sila Kiliccote* *Tokunboh Ishmael*

## On a portfolio page

Investors who name them

- [Lateral Frontiers VC](https://millionrounds.com/fund/lateral-frontiers-vc)

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 management supply cost optimization clean energy & technology customer engagement gridscan low-voltage transformer sensing real-time data english speaking caribbean distribution electric power generation enterprises remote metering utilities smart grid analytics information technology & services koios cloud software

Built with from their website

Atlassian MailChimp Google Workspace Google Meet Salesforce WhatsApp Go Amazon Route 53 Ruby On Rails Ruby

+8 more

GitLab Amazon EC2 Jira Amazon AWS Python VueJS Zendesk Macaron

- **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](https://millionrounds.com/directory/sparkmeter)

## Utilities in United States

Startups like it

- [**Mainspring Energy** Menlo Park · founded 2010 *Raised*](https://millionrounds.com/company/mainspring-energy)
- [**ThinkLabs AI** New York · founded 2023 *Raised*](https://millionrounds.com/company/thinklabs-ai)
- [**Homeis** New York · founded 2017 *Raised*](https://millionrounds.com/company/homeis)
- [**Base Power Company** Austin · founded 2023](https://millionrounds.com/startup/base-power-company)
- [**EnerVenue** Fremont · founded 2020](https://millionrounds.com/startup/enervenue)
- [**Trilliant** Concord · founded 2004](https://millionrounds.com/startup/trilliant)
- [**Ubicquia, Inc** Fort Lauderdale · founded 2014](https://millionrounds.com/startup/ubicquia-inc)
- [**PowerFin** Austin · founded 2007](https://millionrounds.com/startup/powerfin)

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