SparkMeter

SoftwareSeries AWashington, USsparkmeter.io

Latest round

Series A

Last raised

Mar 2022

Total raised

$31M

Investors

10

About SparkMeter

Based in Washington, US, SparkMeter, Inc.Founded in 2013 in Washington, US, SparkMeter, Inc. specializes in utility management software solutions.SparkMeter provides advanced software solutions designed to optimize utility management through enhanced data utilization. The core offering includes a robust software platform that integrates various data sources, such as supply costs, rates, and meter data, enabling utilities to manage grid financial outcomes and operational efficiency effectively. This platform benefits utility managers and operators by simplifying the complexities of Advanced Meter Infrastructure (AMI) data.SparkMeter generates revenue through a subscription-based model, offering its software solutions via licensing agreements with utility companies. Clients enter contracts providing access to the platform for integrated solutions in billing, payments, customer and asset management, and grid management workflows. While specific pricing details are not disclosed, the comprehensive capabilities of the platform allow utilities to achieve significant cost savings on IT and application expenditures, enhancing operational efficiency and financial management.In November 2023, SparkMeter, Inc.

Who invested in SparkMeter

10 investors across 5 rounds

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Funding rounds

  1. Series A

    Mar 24, 2022

    Amount

    $5.8M

    Investors

    Locked

  2. Series A

    Aug 25, 2020

    Amount

    $12M

    Investors

    Locked

  3. Series A

    Apr 18, 2019

    Amount

    $11M

    Investors

    Locked

  4. Seed

    Jun 14, 2018

    Amount

    $2.5M

    Investors

    Locked

  5. Seed

    Jul 15, 2014

    Amount

    Undisclosed

    Investors

    Locked

Questions about SparkMeter

Who invested in SparkMeter?

SparkMeter has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SparkMeter raised?

SparkMeter has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did SparkMeter last raise money?

SparkMeter's most recent round on record is a Series A, in Mar 2022.

What does SparkMeter do?

Based in Washington, US, SparkMeter, Inc.

Where is SparkMeter headquartered?

SparkMeter is headquartered in Washington, US.

Which VCs invest in companies like SparkMeter?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SparkMeter's stage. Their profiles are linked below.

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