About Metry
Metry is a company based in Goteborg (Sweden) founded in 2012 by Magnus Luttkens was acquired by EVORA Global in January 2024. Metry has raised $703.24 thousand across 4 funding rounds from investors including SEB, European Union and Chalmers Ventures. Metry offers products and services including Metry Platform and Energy Management Tool. Metry operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.
- Headquarter Goteborg, Sweden
- Founders Magnus Luttkens
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Sectors
Business ServicesTechnology Energy & Utilities
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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 Metry Ab
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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
$703.24 K (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
SEB
& 4 more
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Employee Count
Not available
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Acquired by
EVORA Global
(Jan 23, 2024)
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Products & Services of Metry
Metry offers a comprehensive portfolio of products and services, including Metry Platform and Energy Management Tool.
Automates environmental data gathering for energy and sustainability management.
Connects energy data to tools for reporting and optimization purposes.
Funding Insights of Metry
Metry has successfully raised a total of $703.24K across 4 strategic funding rounds. 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 Metry
Metry has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include SEB, European Union and Chalmers Ventures.
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Seed and early-stage investments are made across sectors in Europe.
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Multiple sectors are invested in by corporate-backed Almi Invest.
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SEB is recognized as a leading Nordic corporate bank.
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Investor details for Metry
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Investments & Acquisitions by Metry
Investment portfolio details for Metry
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Financial Statements - Metry
Detailed financials for Metry
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Metry Comparisons
Peer comparison for Metry
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Competitors of Metry
Metry 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 Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of Metry
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Latest news on Metry
Complete news archive for Metry
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Frequently Asked Questions about Metry
Metry was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Metry is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Magnus Luttkens is the current CEO of Metry. They have also founded this company.
Metry is a funded company, having raised a total of $703.24K across 4 funding rounds to date.
Metry was founded in 2012 in Gothenburg, Sweden, as a SaaS platform focused on energy data management. Data from utility meters and private installations is gathered automatically, with consumption overviews delivered through an accessible app and web interface. Operations center on enabling real-time monitoring for commercial and industrial users in the energy sector across Europe.
Metry's top competitors include Particle, Landis+Gyr and Signify.
Metry offers Metry Platform and Energy Management Tool.
Metry has 5 investors. Key investors include SEB, European Union, Chalmers Ventures, EVORA, and Almi Invest.