SparkMeter Overview
- Year Founded
-
2013
- Status
-
Acquired/Merged
- Employees
-
37
- Latest Deal Type
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M&A
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.io(Operating Subsidiary)
Corporate 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 Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 08-Sep-2025 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 30-Nov-2023 | 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% |
SparkMeter Comparisons
Industry
Financing
Details
SparkMeter Competitors (15)
One of SparkMeter’s 15 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 | ||||
| Stem | Formerly VC-backed | Houston, TX | ||||
| Powerhive | Venture Capital-Backed | Nairobi, Kenya | ||||
| Survalent | Corporation | Brampton, Canada |
SparkMeter Patents
SparkMeter Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-10517092-B1 | Wireless mesh data network with increased transmission capacity | Inactive | 04-Jun-2018 | ||
| US-20190373608-A1 | Wireless mesh data network with increased transmission capacity | Active | 04-Jun-2018 | ||
| WO-2019236476-A1 | Wireless mesh data network with increased transmission capacity | Inactive | 04-Jun-2018 | H04L1/0076 |
SparkMeter Signals
SparkMeter Former Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accurant International | Infrastructure | Minority | ||
| Alitheia Capital | Impact Investing | Minority | ||
| Arpa-E | Government | Minority | ||
| Bejac Investment | Corporation | Minority | ||
| Breakthrough Energy | Impact Investing | Minority |
SparkMeter FAQs
-
When was SparkMeter founded?
SparkMeter was founded in 2013.
-
Where is SparkMeter headquartered?
SparkMeter is headquartered in Washington, DC.
-
What is the size of SparkMeter?
SparkMeter has 37 total employees.
-
What industry is SparkMeter in?
SparkMeter’s primary industry is Electronic Equipment and Instruments.
-
Is SparkMeter a private or public company?
SparkMeter is a Private company.
-
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?
Accurant International, Alitheia Capital, Arpa-E, Bejac Investment, and Breakthrough Energy are 5 of 29 investors who have invested in SparkMeter.
-
Who are SparkMeter’s competitors?
Networked Energy Services, PXiSE Energy Solutions, Stem, Powerhive, and Survalent are some of the 15 competitors of SparkMeter.
-
When was SparkMeter acquired?
SparkMeter was acquired on 08-Sep-2025.
-
Who acquired SparkMeter?
SparkMeter was acquired by EarthSpark International.
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