About Lumeter
Lumeter is an Energy & Utilities company based in Santa Barbara (United States) founded in 2012, and was acquired by Mobisol in June 2017. Pre-paid electricity meters and accounting platforms. The company was acqui-hired. Its focus areas include Energy Tech, Smart Grid, Advanced Metering Infrastructure and Smart Meters. Its competitors include Itron, Sense and Aclara Technologies; 1 of its 3 listed competitors has raised funding.
Company details
Lumeter Networks was founded in 2012 in Santa Barbara, United States, focusing on off-grid energy solutions. Pre-paid, pay-as-you-go electricity meters are developed, incorporating power management, encryption, and power-line communications. Customer engagement tools are provided to solar home system manufacturers, facilitating rent-to-own and pay-as-you-go financing. Activation tokens are acquired by users via mobile money or top-ups. Mini-grid hardware and payment management systems are also supplied to support distributed energy operations.
- Headquarters Santa Barbara, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website lumeter.net
- Social LinkedIn
- Acquired by Mobisol (Jun 2017)
Investors in Lumeter
Lumeter has secured backing from 1 investor. Prominent investors backing the company include Mobisol.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Solar systems are offered with pay-as-you-go options in East Africa. | 2010 | plugintheworld.com | Berlin, Germany |
Investor details for Lumeter
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Timeline of Lumeter
2 dated milestones of Lumeter across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Lumeter is founded.
- Exit Acquired by Mobisol.
Competitors of Lumeter
Lumeter has 3 listed competitors in our database, 1 of them funded. They include Itron, Sense and Aclara Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| itron.com | 1977 | Liberty Lake, United States | 5,859 | Cloud-based end-to-end solutions for smart grids are provided. | ||
| sense.com | 2013 | Cambridge, United States | $194.59M | 110 | AI-driven energy monitoring via sensors and mobile apps is provided. | |
| aclara.com | 1972 | Hazelwood, United States | 723 | Smart infrastructure solutions are provided to global utilities. |
Detailed competitors of Lumeter
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Verified entity values are shown only after access is granted.
Top companies in Smart Grid & Transmission Systems
3 companies that operate in the same segment as Lumeter (Smart Grid & Transmission Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 |
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Frequently Asked Questions about Lumeter
Lumeter was founded in 2012.
Lumeter is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Lumeter Networks was founded in 2012 in Santa Barbara, United States, focusing on off-grid energy solutions. Pre-paid, pay-as-you-go electricity meters are developed, incorporating power management, encryption, and power-line communications. Customer engagement tools are provided to solar home system manufacturers, facilitating rent-to-own and pay-as-you-go financing. Activation tokens are acquired by users via mobile money or top-ups. Mini-grid hardware and payment management systems are also supplied to support distributed energy operations.
Lumeter's top competitors include Sense, Itron and Aclara Technologies.
Lumeter has 1 investor. Key investors include Mobisol.
Yes. Lumeter was acquired by Mobisol in June 2017.