SparkMeter

What SparkMeter does

SparkMeter (legally EarthSpark Meter Ops. LLC as of late 2025) is a Washington, DC-based grid-management technology provider specializing in smart metering and software for minigrid and distribution utilities in emerging markets. The company was founded in 2013 when EarthSpark International spun out its metering technology into an independent for-profit. Its core offering is an integrated hardware-software ecosystem: cost-effective metering and low-voltage transformer-sensing hardware with built-in RF-mesh communications and internet-agnostic backhaul, paired with software for billing and payments, prepaid metering, customer and asset management, and grid analytics. SparkMeter also developed the Koios platform, which uses real-time data and digital-twin models for utility grid management, plus three additional utility platforms (Praxis, GridScan, GridFin) that were sold to Honeywell in August 2025. The customer base consists of minigrid operators and distribution utilities in 30 countries, with a deployed footprint of approximately 144,000 reporting meters and 55,000 additional meters sold, serving roughly 1 million end-users.

Name

SparkMeter

Legal name

EarthSpark Meter Ops. LLC

Website

https://sparkmeter.io

Company type

Private

Founded year

2013

Operating status

Acquired

Headcount range

11–50 employees

Short description

SparkMeter, now an affiliate of EarthSpark International, provides IoT-based smart metering hardware and grid-management software for minigrid and distribution utilities across 30 emerging markets, serving approximately 1 million end-users.

Ownership category

akta.pro rank

Product category

Smart Metering and Grid Management

NAICS

Electric Power Transmission, Control, and Distribution (22112), Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA)

akta.pro secondary industries

Power Quality, Line Monitoring & Grid Edge Sensors (PMUs/µPMUs) (EUADAPAO), Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)

Keywords

• Smart metering hardware
• Minigrid grid management
• Utility metering software
• Prepaid electricity metering
• Distribution utility analytics

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Smart Metering Hardware: Sale of metering hardware including smart meters and low voltage transformer sensors for minigrid and distribution utilities
2. Software and Analytics Platform: SaaS platform for billing, payments, customer management, asset management, and grid analytics
3. Grid Intelligence Technologies: Praxis, GridScan, and GridFin platforms sold to Honeywell for utility solutions

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

SparkMeter delivers an integrated hardware and software ecosystem for minigrid and distribution utility operators. The offering pairs metering and low-voltage transformer-sensing hardware with built-in RF-mesh communications and internet-agnostic backhaul, alongside a software platform for billing, payments, prepaid metering, customer and asset management, and grid analytics. It is designed for utilities operating in emerging markets and hard-to-reach locations with limited connectivity.

Product overview

SparkMeter offers a unified hardware-software ecosystem for minigrid and distribution utilities. The core offering combines metering and low voltage transformer-sensing hardware with built-in mesh network communications and internet-agnostic backhaul, paired with an integrated software platform providing billing and payments, prepaid metering, customer and asset management, insights, and grid management workflows. The hardware ecosystem operates via a cost-effective RF-mesh solution even in super low-bandwidth areas. The software enables remote grid observation, payment processing through multiple channels (mobile money, cash), predictive maintenance, and portfolio operations management. Additionally, SparkMeter developed the Koios software platform leveraging real-time data and digital twin models. Three utility platforms (Praxis, GridScan, and GridFin) were acquired by Honeywell to enhance Honeywell Forge Performance+ for Utilities.

Differentiator

Problem solved

Functional benefit

Products and services

• SparkMeter Hardware Ecosystem

Quantifiable outcome

• 144 thousand meters reporting and 55 thousand meters sold, serving approximately 1 million people

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• EarthSpark InternationalcoreStrategic or Co-development Partner · 8 September 2025American non-profit EarthSpark International acquired SparkMeter's emerging market operations after SparkMeter faced capital headwinds. EarthSpark ensures continued operations for minigrid operators serving 1 million people.
• HoneywellcoreOEM/ Whitelabel/ Licensing Partner · 20 August 2025Honeywell acquired three utility platforms from SparkMeter (Praxis, GridScan, GridFin) along with related intellectual property and assets. Integration enhances Honeywell Forge Performance+ for Utilities.
• Honeywell Smart EnergycoreStrategic or Co-development Partner · 9 December 2023$5 million investment and partnership announced to expand digital smart grid solutions internationally. Collaboration enables Honeywell to offer SparkMeter's metering and analytics products to utility companies in the US and emerging markets including Somalia and the Philippines.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Angaza: Angaza provides pay-as-you-go energy metering, billing, and management software for off-grid solar and minigrid operators in emerging markets. It is a direct competitor to SparkMeter's prepaid metering, billing, and customer-management functionality for distributed energy providers.
• Steama.co: Steama.co offers a cloud-based management platform for minigrid operators, including metering, billing, payments, and asset monitoring. It targets the same minigrid utility customer segment as SparkMeter with overlapping billing and remote-monitoring capabilities.
• Solaris Offgrid: Solaris Offgrid develops pay-as-you-go and smart-metering technology for energy access and minigrid operators in developing countries. It competes head-on with SparkMeter in metering hardware, payments integration, and remote tariff management for emerging-market utilities.

Emerging players

• PowerGen Renewable Energy: PowerGen builds and operates minigrids in East Africa and is both a potential customer and an adjacent operator to SparkMeter. It overlaps in minigrid asset management, metering, and remote-monitoring workflows for sub-Saharan African utilities.
• Husk Power Systems: Husk Power Systems designs, owns, and operates minigrids in Asia and Africa and uses smart metering for customer billing and load management. It is comparable to SparkMeter both as a minigrid operator (customer overlap) and as an integrated energy-services peer in the same emerging markets.
• M-KOPA: M-KOPA is a leading pay-as-you-go solar home system provider in Africa using smart metering and mobile-money payment rails. It shares SparkMeter's prepaid-metering, customer-management, and mobile-money integration DNA for off-grid energy consumers.
• d.light: d.light manufactures and distributes pay-as-you-go solar products across Africa and Asia, with embedded smart-meter functionality. It overlaps with SparkMeter in prepaid metering and energy-access financing for off- and weak-grid households.

Broad incumbents

• Itron: Itron is a global leader in smart electricity, gas, and water metering and grid management solutions for utilities. It competes with SparkMeter's distribution-utility and grid-analytics offerings but at much larger scale and across mature markets as well as emerging ones.
• Landis+Gyr: Landis+Gyr provides advanced metering infrastructure and grid management solutions to utilities worldwide. It is comparable to SparkMeter's distribution-side metering and grid-intelligence products (Praxis, GridScan, GridFin), now enhanced by the Honeywell acquisition.
• Siemens Smart Infrastructure: Siemens offers end-to-end grid management, metering, and utility digital-twin solutions through its Smart Infrastructure division. It overlaps with SparkMeter's grid-analytics and distribution-utility value proposition as a broad incumbent serving utilities globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sparkmeter
• Facebookfacebook.com/sparkmeter

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds7 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SparkMeter