S
SparkMeter
Delivers world-class solutions for electric utilities in developing markets
About SparkMeter
SparkMeter operates in the energy sector, providing advanced metering solutions tailored for utilities and microgrid developers in emerging markets. The company focuses on enabling access to electricity for last-mile customers, often in remote or underserved areas. SparkMeter's core product is a smart metering system that allows for remote management and monitoring of electricity usage, which is crucial for efficient energy distribution and billing. The business model revolves around selling these metering systems and related software services to utilities and microgrid operators. Revenue is generated through the sale of hardware, software licenses, and ongoing service fees for data management and analytics. SparkMeter's clients include central grid utilities and microgrid developers who need reliable and scalable metering solutions to manage their energy distribution networks effectively. The company operates globally, with a significant presence in emerging markets where access to reliable electricity is still a challenge. By focusing on these markets, SparkMeter aims to bridge the gap in energy access and contribute to sustainable development.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Washington DC, United States
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 60.6/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Energy Efficiency
- Sector
- Energy, Smart Grid, Spinout, Sustainable Development Goals, Off-Grid, Industrial Technology, Climate Tech, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VC✓Equity / VC | Nov 2023 | $5M | — | Honeywell | ↗ |
| EARLY VC✓Equity / VC | Mar 2022 | $10M | $73M | Breakthrough Energy Ventures · Clean Energy Ventures · Accurant International | ↗ |
Growth signals
Latest recorded traffic for SparkMeter is 590 monthly website visits, down 74.3% over the last three months. SparkMeter's team declined 54.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Factor[e] Ventures
Lateral Frontiers
Powerhouse Ventures
Clean Energy Venture Group
Clean Energy Ventures
Series A5 investors entered at this stage
TotalEnergies Carbon Neutrality Ventures
Goodwell Investments
Alitheia Capital
Breakthrough Energy Ventures
Accurant International
Series B and later2 investors entered at this stage
Global Innovation Fund
Honeywell
Other known investors5 additional known investors
Carnegie Mellon University
Elemental Excelerator
Elemental Impact
USAID Development Innovation Ventures
World Solver Syndicate
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SparkMeter on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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