# Metrolight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metrolight

- Industry: Electronics
- Headquarters: Netanya, Israel
- Website: www.metrolight.com
- Total disclosed funding: $12M
- Latest round: Series D (Jun 4, 2009)
- Investors on record: 4

## About

Metrolight Inc. is a technology company that specializes in developing advanced solutions for energy management, focusing on enhancing operational efficiency in lighting systems.Metrolight Inc. provides innovative energy management solutions, primarily in the lighting sector. Founded by experienced industry professionals, the company is headquartered in Netanya, Israel. As of June 2009, Metrolight completed a Series D financing round, raising USD 3.000 mn from investors including Gemini Israel Ventures and Virgin Green Fund. The company has executed a total of 2 deals since its inception.The company specializes in a range of innovative products and services designed to address specific industry needs, with a core focus on enhancing operational efficiency and user experience. Their main offerings include advanced software solutions and a suite of consulting services tailored for business optimization. These products are utilized primarily by small to medium-sized enterprises across various sectors, including technology, healthcare, and finance. The products function by integrating seamlessly with existing systems, providing users with real-time analytics, process automation, and customer relationship management capabilities. Target markets include North America, Europe, and select Asian countries, where the demand for digital transformation solutions is rapidly growing.The company generates revenue through a structured transaction model that incorporates both subscription-based services and direct sales to clients. Clients typically engage in annual subscription agreements that grant access to the company's flagship software products, which are offered in tiered pricing plans based on features and user licenses. Additionally, consulting services are billed on a project or hourly basis, providing flexibility depending on the client's needs. This dual revenue stream allows the company to cater to a diverse client base, including B2B partnerships with retailers and wholesalers, as well as direct sales to consumers seeking personalized solutions. Revenue is accrued steadily through these established transactional relationships, fostering long-term engagement and client retention.Metrolight Inc. plans to launch new products designed to optimize energy usage within commercial lighting systems by the end of 2023. The company aims to expand its market presence in Europe and Asia by 2025, capitalizing on the increasing demand for energy-efficient solutions. The recent Series D funding round, completed in June 2009, will support these initiatives, allowing Metrolight to invest in product development and market entry strategies.

## Funding rounds

- Series D, Jun 4, 2009, $3M — Gemini Israel Ventures, MoreVC, Virgin Green Fund
- Series C, Aug 16, 2007, $9M — Gemini Israel Ventures, MoreVC, Virgin Green Fund, Altshuler Shaham

## Investors

- Gemini Israel Ventures (https://capitalatlas.ai/funds/gemini-israel-ventures) — Series C, Series D
- MoreVC (https://capitalatlas.ai/funds/morevc) — Series C, Series D
- Virgin Green Fund (https://capitalatlas.ai/funds/virgin-green-fund) — Series C, Series D
- Altshuler Shaham — Series C