About metr
metr is a company based in Berlin (Germany) founded in 2017 by Franka Birke. metr has raised $6.5 million across 2 funding rounds from investors including WIKA, BRAWO Capital Group and Mujinzo Labs. metr offers products and services including Submetering, Heizungswächter, Vollautomatische Heizungsoptimierung, Trinkwasserwächter, and Messstellenbetrieb. metr operates in a competitive market with competitors including Kerlink, CoreTigo, Link Labs, Machfu and LORIOT.io, among others.
- Headquarter Berlin, Germany
- Founders Franka Birke
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Sectors
Technology
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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 Metr Building Management Systems Gmbh
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$6.5 M (USD)
in 2 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Apr 03, 2023
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Investors
WIKA
& 4 more
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Employee Count
Not available
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Products & Services of metr
metr offers a comprehensive portfolio of products and services, including Submetering, Heizungswächter, Vollautomatische Heizungsoptimierung, Trinkwasserwächter, and Messstellenbetrieb.
Provides accurate consumption data for tenants to support efficiency reporting.
Monitors heating systems for optimal operation and fault detection.
Automatically adjusts heating for energy savings up to 20 percent.
Ensures drinking water quality through continuous system monitoring.
Handles digital metering operations nationwide for energy data.
People of metr
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Funding Insights of metr
metr has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in April 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 metr
metr has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include WIKA, BRAWO Capital Group and Mujinzo Labs.
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Innovative technology startups are incubated and supported by the company.
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WIKA is recognized as a global leader in measurement technology.
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Investor details for metr
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Investments & Acquisitions by metr
Investment portfolio details for metr
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Financial Statements - metr
Detailed financials for metr
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Metr Comparisons
Peer comparison for metr
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Competitors of metr
metr 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 Kerlink, CoreTigo, Link Labs, Machfu and LORIOT.io, among others.
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M2M communication equipment is supplied for object connectivity.
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Industrial wireless automation solutions are provided for manufacturing enhancement.
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Base stations for low-power IoT networking are manufactured.
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IIoT gateways and platform solutions are provided for industrial applications.
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Cloud-based gateways and servers for IoT are provided.
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Turnkey IoT solutions are supplied for industrial systems and manufacturers.
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Detailed competitors of metr
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Latest news on Metr
Complete news archive for metr
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Frequently Asked Questions about metr
metr was founded in 2017 and raised its 1st funding round 3 years after it was founded.
metr is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Franka Birke is the current CEO of metr. They have also founded this company.
metr is a funded company, having raised a total of $6.5M across 2 funding rounds to date.
The company was founded in 2017 in Berlin, Germany, and operates within the IoT sector. Multi-functional gateways are developed to integrate with existing submetering systems, enabling the reading of common network nodes through wired or wireless devices. Companion software is utilized for readouts that can be scheduled automatically, performed ad-hoc, or accessed at specific times. Operations focus on facilitating data collection in submetering environments across Europe.
metr offers Submetering, Heizungswächter, Vollautomatische Heizungsoptimierung, Trinkwasserwächter, and Messstellenbetrieb.
metr has 5 investors. Key investors include WIKA, BRAWO Capital Group, Mujinzo Labs, Next Big Thing, and ServiceHaus.