Smart Meter Assets

Bury St Edmunds, United Kingdom Founded: 2014 • Age: 12 yrs Acquired By GLIL
Smart meter assets are provided for domestic utility management.
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About Smart Meter Assets

Smart Meter Assets is a company based in Bury St Edmunds (United Kingdom) founded in 2014 was acquired by GLIL in May 2021.. Smart Meter Assets offers products and services including Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management. Smart Meter Assets operates in a competitive market with competitors including Itron, Sense, Iskraemeco, Kimbal and Enedis, among others.

  • Headquarter Bury St Edmunds, United Kingdom
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Smart Meter Assets No.1 Limited
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $87.62 M (USD)
    23
    as on Dec 31, 2021
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    GLIL

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    GLIL

    (May 05, 2021)

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Products & Services of Smart Meter Assets

Smart Meter Assets offers a comprehensive portfolio of products and services, including Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management. 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.

Primary

Offers funding for smart meter assets to energy suppliers.

Handles procurement and contracting for meter assets.

Manages sourcing, supply, and warranty of smart meters.

Tracks meter assets for accurate billing purposes.

Provides fault handling and recycling of removed meters.

Funding Insights of Smart Meter Assets

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Smart Meter Assets

Smart Meter Assets has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include GLIL and Arcus Infrastructure 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.

All
Institutional
Investor Description Founded Year Domain Location
Manages infrastructure funds and invests in European mid-market businesses with hands-on support.
Founded Year Domain Location
Investor in core UK infrastructure assets
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Smart Meter Assets

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Smart Meter Assets

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Smart Meter Assets Comparisons

Employees
+
Add Comparison
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Competitors of Smart Meter Assets

Smart Meter Assets 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 Itron, Sense, Iskraemeco, Kimbal and Enedis, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based end-to-end solutions for smart grids are provided.
domain founded_year HQ Location
AI-driven energy monitoring via sensors and mobile apps is provided.
domain founded_year HQ Location
AMI products for energy metering are manufactured globally.
domain founded_year HQ Location
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions
domain founded_year HQ Location
Smart metering solutions are provided for smart grid electricity monitoring.
domain founded_year HQ Location
Smart infrastructure solutions are provided to global utilities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Smart Meter Assets

Energy Infrastructure Firm Acquired
Insidermedia4 years ago

Frequently Asked Questions about Smart Meter Assets

When was Smart Meter Assets founded?

Smart Meter Assets was founded in 2014.

Where is Smart Meter Assets located?

Smart Meter Assets is headquartered in Bury St Edmunds, United Kingdom. It is registered at Bury St Edmunds, Suffolk, United Kingdom.

What is the annual revenue of Smart Meter Assets?

Annual revenue of Smart Meter Assets is $87.62M as on Dec 31, 2021.

What does Smart Meter Assets do?

Founded in 2014 and based in Bury St Edmunds, United Kingdom, Smart Meter Assets operates in the utility sector. Smart meters are supplied under the Smart Metering programme at no additional cost to customers, enabling real-time consumption monitoring. Services encompass funding provision, contract and asset management, tracking, fault resolution, and disposal for domestic utilities.

Who are the top competitors of Smart Meter Assets?

Smart Meter Assets's top competitors include Sense, Itron and Iskraemeco.

What products or services does Smart Meter Assets offer?

Smart Meter Assets offers Funding Provision, Contract Management, Asset Management, Asset Tracking, and Fault Management.

Who are Smart Meter Assets's investors?

Smart Meter Assets has 2 investors. Key investors include GLIL, and Arcus Infrastructure Partners.

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