Sapient Industries

Sapient Industries, Inc.Founded in 2017 and headquartered in Philadelphia, US, Sapient Industries specializes in energy metering solutions.5 mn on January 15, 2020.Sapient Industries specializes in advanced energy metering solutions designed to enhance energy efficiency and enable effective decarbonization for both commercial and residential clients. Their core offerings include the Sapient Hydra Meters, low-cost energy sensors that digitize electrical panels for real-time equipment-level energy data, and Multi-Circuit Power Submeters for networked submetering projects, especially in multi-tenant settings. Comprehensive turnkey services, including energy metering audits, deployment strategies, installation, and ongoing maintenance, are available, supported by the Sapient Cloud platform for easy meter configuration and data analytics.The revenue model at Sapient Industries revolves around a variety of energy metering products and services offered through direct sales and partnerships with service providers. Business transactions generally involve the sale of flagship products like Hydra Meters and Multi-Circuit Power Submeters to large commercial clients and property developers, which entail upfront equipment costs and ongoing maintenance and cloud service fees, creating a recurring revenue stream. Additionally, the company collaborates with energy consultants and ESCOs, allowing these partners to integrate Sapient’s technology into their offerings, which enhances their margins and fosters long-term client relationships.5 mn received in January 2020 to support the development of new energy metering products aimed at enhancing their service offerings. The company is also looking to expand its market presence into Europe and Asia by 2023, targeting real estate developers and energy consultants in these regions. This strategic expansion is expected to be bolstered by the ongoing development of their technology and services.

1. Seed

   Mar 1, 2019

   Amount

   $2M

   Investors

   Locked

2. Seed

   Feb 4, 2018

   Amount

   $0.4M

   Investors

   Locked