SparkMeter Overview
- Year Founded
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2013
- Status
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Private
- Employees
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42
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$5M
- Investors
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27
SparkMeter General Information
Description
Developer of smart meters and grid management software designed to make it possible to access electricity in hard-to-reach places. The company's smart meters, paired with their integrated software, unlock operational efficiencies through automation, analytics, and load management and help utilities provide reliable power to their customers, increase electricity access, enabling customers in rural areas to access sustainable, reliable, and efficient power distribution.
Contact Information
Website
www.sparkmeter.ioCorporate Office
- 750 17th Street NorthWest
- 8th Floor
- Washington, DC 20006
- United States
Corporate Office
- 750 17th Street NorthWest
- 8th Floor
- Washington, DC 20006
- United States
SparkMeter Timeline
SparkMeter Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 30-Nov-2023 | $5M | Completed | Generating Revenue | ||
| 8. Secondary Transaction - Private | 11-May-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A1) | 08-Mar-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 26-Aug-2020 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 03-May-2020 | Completed | Generating Revenue | |||
| 4. Debt - General | Completed | Generating Revenue | ||||
| 3. Grant | 31-Dec-2018 | Completed | Generating Revenue | |||
| 2. Secondary Transaction - Private | $1.16M | Completed | Generating Revenue | |||
| 1. Seed Round | 30-Apr-2015 | $1.16M | $1.16M | Completed | Generating Revenue |
SparkMeter Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed | 2,900,000 | $0.000100 | $0.02 | $0.4 | $0.4 | 1x | $0.4 | 3.02% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
SparkMeter Comparisons
Industry
Financing
Details
SparkMeter Competitors (19)
One of SparkMeter’s 19 competitors is Networked Energy Services, a Corporate Backed or Acquired company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Networked Energy Services | Corporate Backed or Acquired | San Jose, CA | ||||
| PXiSE Energy Solutions | Corporate Backed or Acquired | San Diego, CA | ||||
| Open Systems International | Corporate Backed or Acquired | Medina, MN | ||||
| Stem | Formerly VC-backed | San Francisco, CA | ||||
| Powerhive | Venture Capital-Backed | Nairobi, Kenya |
SparkMeter Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
SparkMeter Patents
SparkMeter Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20190373608-A1 | Wireless mesh data network with increased transmission capacity | Active | 04-Jun-2018 | ||
| US-10517092-B1 | Wireless mesh data network with increased transmission capacity | Inactive | 04-Jun-2018 |
SparkMeter Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
SparkMeter Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Endgame Capital | Angel Group | Minority | ||
| Honeywell | Corporation | Minority | ||
| SAIC Capital | Corporate Venture Capital | Minority | ||
| Accurant International | Infrastructure | Minority | ||
| Clean Energy Venture Group | Venture Capital | Minority |
SparkMeter FAQs
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When was SparkMeter founded?
SparkMeter was founded in 2013.
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Where is SparkMeter headquartered?
SparkMeter is headquartered in Washington, DC.
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What is the size of SparkMeter?
SparkMeter has 42 total employees.
-
What industry is SparkMeter in?
SparkMeter’s primary industry is Electronic Equipment and Instruments.
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Is SparkMeter a private or public company?
SparkMeter is a Private company.
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What is SparkMeter’s current revenue?
The current revenue for SparkMeter is .
-
How much funding has SparkMeter raised over time?
SparkMeter has raised $31.3M.
-
Who are SparkMeter’s investors?
Endgame Capital, Honeywell, SAIC Capital, Accurant International, and Clean Energy Venture Group are 5 of 27 investors who have invested in SparkMeter.
-
Who are SparkMeter’s competitors?
Networked Energy Services, PXiSE Energy Solutions, Open Systems International, Stem, and Powerhive are some of the 19 competitors of SparkMeter.
Data Transparency
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