About Iskraemeco
Iskraemeco is a company based in Kranj (Slovenia) founded in 1945 was acquired by Kaynes Technology in October 2024. Iskraemeco has raised $14.6 million across 4 funding rounds from investors including Kaynes Technology, Elsewedy Electric and European Union. The company has 123 employees as of April 17, 2024. Iskraemeco offers products and services including Symbiot software suite, Smart metering, and eMobility solutions. Iskraemeco operates in a competitive market with competitors including ecobee, Itron, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Kranj, Slovenia
- Employees 123 as on 17 Apr, 2024
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Sectors
Business ServicesEnergy & Utilities Technology Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Iskraemeco India Private Limited
- Date of Incorporation 10 Oct, 2019
- Jurisdiction East Delhi, Delhi, India
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Annual Revenue
$4.83 M (USD)168.37as on Mar 31, 2023
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Net Profit
-$1.52 M (USD)-326.72as on Mar 31, 2023
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EBITDA
-$1.21 M (USD)-245.28as on Mar 31, 2023
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Total Equity Funding
$14.6 M (USD)
in 4 rounds
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Latest Funding Round
$240.5 K (USD), Grant
Sep 01, 2023
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Investors
Kaynes Technology
& 2 more
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Employee Count
123
as on Apr 17, 2024
- Acquired by
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Products & Services of Iskraemeco
Iskraemeco offers a comprehensive portfolio of products and services, including Symbiot software suite, Smart metering, and eMobility solutions.
Software for data management and analysis in utilities
Devices for efficient energy measurement and monitoring
Systems for electric vehicle charging and grid management
Funding Insights of Iskraemeco
Iskraemeco has successfully raised a total of $14.6M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $240.5 thousand completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Iskraemeco
Iskraemeco has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Kaynes Technology, Elsewedy Electric and European Union.
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Investor details for Iskraemeco
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Investments & Acquisitions by Iskraemeco
Investment portfolio details for Iskraemeco
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Financial Statements - Iskraemeco
Detailed financials for Iskraemeco
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Iskraemeco Comparisons
Peer comparison for Iskraemeco
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Competitors of Iskraemeco
Iskraemeco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ecobee, Itron, Danfoss, Landis+Gyr and MRI Software, among others.
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Provider of smart thermostats for commercial and residential applications
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Cloud-based end-to-end solutions for smart grids are provided.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Detailed competitors of Iskraemeco
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Latest news on Iskraemeco
Complete news archive for Iskraemeco
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Frequently Asked Questions about Iskraemeco
Iskraemeco was founded in 1945 and raised its 1st funding round 61 years after it was founded.
Iskraemeco is headquartered in Kranj, Slovenia.
Luis Goncalves is the current CEO of Iskraemeco.
Iskraemeco is a funded company, having raised a total of $14.6M across 4 funding rounds to date.
As of Apr 17, 2024, the latest employee count at Iskraemeco is 123.
Annual revenue of Iskraemeco is $4.83M as on Mar 31, 2023.
Founded in 1945 in Kranj, Slovenia, Iskraemeco operates as a provider of metering solutions within the energy sector. Electricity meters, communication products supporting Ethernet, GSMGPRS, PLC, PSTN, and RF technologies, and software for meter data management are offered. These solutions are applied in advanced residential and commercial energy management for smart grid systems, serving global energy companies.
Iskraemeco's top competitors include ecobee, Landis+Gyr and Danfoss.
Iskraemeco offers Symbiot software suite, Smart metering, and eMobility solutions.
Iskraemeco has 3 investors. Key investors include Kaynes Technology, Elsewedy Electric, and European Union.