Sparkmeter
Washington, US · Delaware corporation · 7 known investors
SparkMeter provides metering and low-voltage transformer-sensing hardware combined with software for billing, payments, prepaid metering, customer and asset management, and grid management. Its products are designed for minigrid and distribution utility operators, using RF-mesh network communications that work in low-bandwidth internet areas.
Founders & leadership
DS
Daniel SchnitzerFounder
Board
DG
BA
Bunmi AdekoreBoard director
TI
RJ
Raymond Jay DunnBoard director
AA
Allison ArchambaultBoard director
Investors · 7
Alitheia CapitalLagos · $1M – $8M
Breakthrough Energy VenturesBoston · $500K – $50Mvia Sila Kiliccote · board
Capria VenturesBengaluru · $300K – $1M
Endgame CapitalBerlin · $270K – $810K
Lateral CapitalNairobi · $100K – $1M
Clean Energy VenturesreportedBoston · $100K – $5M
Goodwell InvestmentsreportedAmsterdam · $10K – $1M
Reported raises · per SEC filings
Form D private placements$27.5M disclosed across 3 rounds · 2018–2022
▶$9.7MraisedFeb 2023 · 11 investors · Other TechnologyRule 506(b)
▶$9.7MraisedFeb 2023 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel SchnitzerExecutive Officer, Director, Promoter
- Sila KiliccoteDirector
- John Price HarperDirector
- Bahman HoveidaDirector
- Raymond DunnDirector
- Tokunboh IshmaelDirector
- Allison ArchambaultDirector
- Offering amount
- $10.1M
- Amount sold
- $9.7M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$14.6MraisedAug 2020 · 19 investors · Other TechnologyRule 506(b)
▶$14.6MraisedAug 2020 · 19 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel SchnitzerExecutive Officer, Director
- Raymond Jay DunnDirector
- Daniel GoldmanDirector
- Bunmi AdekoreDirector
- Tokunboh IshmaelDirector
- Allison ArchambaultDirector
- Offering amount
- $16.1M
- Amount sold
- $14.6M
- First sale
- Apr 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3.2MraisedJul 2018 · 15 investors · Other TechnologyRule 506(b)
▶$3.2MraisedJul 2018 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Allison ArchambaultPromoter
- Anthony RowePromoter
- Daniel SchnitzerExecutive Officer
- Arthur Jacquiau-ChamskiExecutive Officer, Promoter
- Tristan EscaladaPromoter
- Khountavy PhasayPromoter
- Offering amount
- $4M
- Amount sold
- $3.2M
- Minimum investment
- $25K
- First sale
- Jun 2018
- Incorporated
- Corporation, District Of Columbia, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Meter7 shared keywordsMeter provides enterprise networking through a full-stack approach that combines its own hardware, software, and operations to deliver internet, networking, and Wi-Fi to organizations. It targets businesses of varying IT capabilities, from those with large network engineering teams to small IT staff.
Netezza6 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Spark5 shared keywordsSpark Energy makes modular off-grid solar systems that supply electricity to homes and villages, sold through a complete ecosystem that includes the hardware, a PayGo-integrated Spark portal, and on-site support. The systems are expandable to grow with a village's development and partner needs.
Tylertech5 shared keywordsTyler Technologies provides software solutions to government agencies and schools to improve resident engagement and service delivery. The company specializes in software for public sector administration and constituent services.
Companies competing with Sparkmeter for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Sparkmeter do?
- SparkMeter provides metering and low-voltage transformer-sensing hardware combined with software for billing, payments, prepaid metering, customer and asset management, and grid management. Its products are designed for minigrid and distribution utility operators, using RF-mesh network communications that work in low-bandwidth internet areas.
- Who founded Sparkmeter?
- Sparkmeter was founded by Daniel Schnitzer.
- Who are Sparkmeter's investors?
- Sparkmeter's investors include Alitheia Capital, Breakthrough Energy Ventures, Capria Ventures, Endgame Capital, Lateral Capital, Clean Energy Ventures, Goodwell Investments.
- How much funding has Sparkmeter raised?
- Sparkmeter has disclosed $27.5M raised across 3 rounds.
- Where is Sparkmeter headquartered?
- Sparkmeter is headquartered in Washington, US.