About SmartWatt
SmartWatt is a Business Services company based in Albany (United States) founded in 2002, and was acquired by Centrica in June 2019. Energy systems are designed, installed, and optimized for commercial applications. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. SmartWatt offers products and services including Energy Efficiency Solutions, Solar Energy, and Building Automation Systems. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and Building Automation Systems. Its competitors include MRI Software, GridPoint and Swell Energy; 3 of its 3 listed competitors have raised funding.
Company details
SmartWatt was founded in 2002 in Albany, United States, and operates in the energy sector. Systems including mechanical, building automation, lighting, and solar PV are designed, installed, and optimized for commercial, industrial, government, and utility uses. Energy audits are conducted, options to maximize returns are presented, and upon approval, installations are completed with operator training provided.
- Headquarters Albany, United States
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
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- Website smartwatt.com
- Social LinkedIn X Facebook
- Acquired by Centrica (Jun 2019)
Products & Services of SmartWatt
SmartWatt offers a comprehensive portfolio of products and services, including Energy Efficiency Solutions, Solar Energy, and Building Automation Systems.
Services to lower utility costs and improve equipment performance.
On-site systems for generating and storing sustainable power sources.
Tools for optimizing building energy use and enhancing efficiency.
Investors in SmartWatt
SmartWatt has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Centrica.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of renewable energy producer and supplier services | 1997 | centrica.com | Windsor, United Kingdom |
Investor details for SmartWatt
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Timeline of SmartWatt
2 dated milestones of SmartWatt across 17 years, from founding to its latest funding, stage changes and deals.
- Founded SmartWatt is founded.
- Exit Acquired by Centrica.
Competitors of SmartWatt
SmartWatt has 3 listed competitors in our database, 3 of them funded. They include MRI Software, GridPoint and Swell Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. | |
| gridpoint.com | 2003 | Reston, United States | $584.31M | 192 | Provider of data-driven energy management solutions | |
| swellenergy.com | 2014 | Santa Monica, United States | $133.64M | 111 | Reseller and installer of energy storage devices |
Detailed competitors of SmartWatt
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Top companies in Facility Management Platforms
3 companies that operate in the same segment as SmartWatt (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Smartwatt
Complete news archive for SmartWatt
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Frequently Asked Questions about SmartWatt
SmartWatt was founded in 2002.
SmartWatt is headquartered in Albany, United States.
SmartWatt was founded in 2002 in Albany, United States, and operates in the energy sector. Systems including mechanical, building automation, lighting, and solar PV are designed, installed, and optimized for commercial, industrial, government, and utility uses. Energy audits are conducted, options to maximize returns are presented, and upon approval, installations are completed with operator training provided.
SmartWatt's top competitors include MRI Software, GridPoint and Swell Energy.
SmartWatt offers Energy Efficiency Solutions, Solar Energy, and Building Automation Systems.
SmartWatt has 1 investor. Key investors include Centrica.
Yes. SmartWatt was acquired by Centrica in June 2019.

