About Romet
Romet is a company based in Mississauga (Canada) founded in 1972 was acquired by Signal Hill Equity Partners in June 2013. It operates as a Direct-to-Consumer (D2C). Romet offers products and services including Rotary Meters, Adem® Electronic Volume Correctors, BrightLync® IOT Data Transmission, and EnergyArray® Digital Ecosystem.
- Headquarter Mississauga, Canada
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Sectors
Industrial Goods & ManufacturingEnergy & 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 Romet Limited
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Signal Hill Equity Partners
(Jun 24, 2013)
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Products & Services of Romet
Romet offers a comprehensive portfolio of products and services, including Rotary Meters, Adem® Electronic Volume Correctors, BrightLync® IOT Data Transmission, and EnergyArray® Digital Ecosystem. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Reliable devices are used for gas measurement accuracy.
Advanced correctors are utilized for precise volume measurement.
Data transmission is enabled through advanced IOT technology.
Digital ecosystem is provided for integrated energy management.
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Funding Insights of Romet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Romet
Romet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Signal Hill Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Signal Hill Equity Partners is engaged in private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Romet
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Romet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Romet Comparisons
Competitors of Romet
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Romet
When was Romet founded?
Romet was founded in 1972.
Where is Romet located?
Romet is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Who is the current CEO of Romet?
Brent Collver is the current CEO of Romet.
What does Romet do?
Gas measurement and monitoring solutions are offered by Romet Limited to gas utilities, focusing on data management, operational efficiency, and safety. Support is extended to the industrys transition to clean and renewable energy through technologies that aid in energy usage reduction. Tailored solutions are developed by understanding customer objectives, aiming to revolutionize the natural gas measurement sector with customer-centric innovation.
What products or services does Romet offer?
Romet offers Rotary Meters, Adem® Electronic Volume Correctors, BrightLync® IOT Data Transmission, and EnergyArray® Digital Ecosystem.
Who are Romet's investors?
Romet has 1 investor. Key investors include Signal Hill Equity Partners.
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