SteamaCo
- Company typePrivate
- Founded2012
- HeadquartersManchester, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
SteamaCo firmographics
Firmographics- Name
- SteamaCo
- Legal name
- Jackalope Limited
- Website
- https://steama.co
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SteamaCo industry classification
Industry- Product category
- Smart Metering Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- akta.pro primary industry
- Meter-to-Cash / Billing & CIS Integration for AMI (EUADAFAM)
- akta.pro secondary industries
- Revenue Protection, Theft Detection & Meter Analytics (EUADAFAG), Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)
Keywords
Where SteamaCo is headquartered
LocationHeadquarters
- HQ city
- Manchester
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
SteamaCo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Smart Meter Hardware Sales: SteamaCo sells smart metering hardware including Savi smart meters (single phase, three phase, din-rail), Data Concentrator Units (DCUs), and Customer Interface Units (CIUs). Equipment fees are payable within 7 days of contract commencement date or per agreed installment schedule.
- Cloud-based AMI Software Services: Monthly services charges for access to Nimbus AMI cloud platform, including meter data management, remote control capabilities, and software maintenance. Services Charge is payable in advance each month. Includes over-the-air firmware updates and system improvements.
- Communications Data Charges: Charges for GPRS data and SMS transmissions between software and metering equipment. Communications Charge is payable in arrears each month based on usage overages.
- Custom Software Development: Optional custom software modifications developed by SteamaCo for specific customer requirements, priced as additional services per agreed technical specification.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom quotation-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
SteamaCo product offering
Product offeringCore offering
SteamaCo provides an interoperable IoT-based Advanced Metering Infrastructure (IoT-AMI) platform that combines Savi smart meters and Data Concentrator Units with the cloud-based Nimbus AMI software, Aurora AI theft detection, and ThunderBolt field-force app. The platform enables African distribution utilities and off-grid energy companies to collect revenue through prepaid metering, detect and investigate energy theft, and remotely manage consumer connections. It integrates with mobile money, STS vending, DLMS/COSEM-compliant third-party meters, and ERP systems to deliver end-to-end revenue assurance.
Product overview
SteamaCo offers a unified IoT smart metering platform combining hardware (Savi smart meters, Data Concentrator Units) and cloud-based software services. The core platform consists of Nimbus AMI as the central management hub, Aurora AI for AI-driven theft detection and loss prevention, and ThunderBolt as the field force automation mobile app. Supporting consumer-facing tools include SunBeam for customer self-service. Following the 2024 acquisition of Shyft Power Solutions, the portfolio expanded to include FlexView for embedded systems metering and Connect for distributed energy resource management (DERMS). The platform supports both grid-connected distribution utilities and off-grid mini-grid operators, with interoperability via DLMS/COSEM standards, STS prepayment protocols, and mobile money integrations.
Differentiator
Problem solved
Functional benefit
Brands
- Nimbus AMI: Cloud-based Advanced Metering Infrastructure (AMI) software platform for managing electricity sales, enabling remote meter management, automated switching, and billing allocation.
- Aurora AI
- ThunderBolt
- SunBeam
- Savi
- FlexView
- Connect
Products and services
- Nimbus AMI Cloud-based Advanced Metering Infrastructure (AMI) and Meter Data Management System (MDMS) that provides automatic meter data acquisition, remote meter control, automated operations, over-the-air firmware updates, STS prepayment token transmission, and analytics for utility operators.
- Aurora AI AI-driven ATC&C loss detection platform that uses machine learning to identify meter bypass, partial bypass, illegal connections, and tamper events, generating alerts and pinpointing theft locations for revenue protection teams.
- ThunderBolt
Quantifiable outcome
- 150% increase in utility revenue
- +7 more outcomes
Companies that use SteamaCo
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
SteamaCo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability2 records
Feature7 records
SteamaCo partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Shyft Power SolutionscoreNigerian digital energy company specializing in metering for embedded systems and IoT+DERM SaaS. Acquired and merged with SteamaCo to combine advanced metering technology with local expertise, transforming Africa's energy sector. Founded nearly 8 years ago by female CEO Ugwem Eneyo.
- OdysseyminorPartnership on NEP (Nigeria Electrification Project) funded projects, announced in 2022.
- Nextier PowerminorPartnership for power sector projects, announced in 2021 alongside other strategic partnerships.
- REA (Rural Electrification Agency) NigeriacoreGovernment agency implementing World Bank-funded energy access programs. Awarded SteamaCo the AMI contract for the Nigerian REA's EEP (Energizing Education Program). Ongoing partnership on electrification projects.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
SteamaCo competitors and assessment
Company assessmentDirect peers
- SparkMeter: US-based provider of smart metering hardware and software specifically for off-grid and mini-grid operators in emerging markets. Direct competitor to SteamaCo's off-grid mini-grid metering offering, serving similar IPP and mini-grid developer customers with comparable prepaid and remote-monitoring functionality.
- CyanConnode: UK-listed provider of narrowband RF mesh AMI and smart metering solutions focused on emerging markets (notably India, Africa, and Southeast Asia). Directly comparable to SteamaCo in target customer (distribution utilities in developing markets), interoperable AMI architecture, and revenue mix of hardware + software.
Broad incumbents
- Itron: Global leader in AMI, smart electricity/gas/water metering, and utility analytics with a deep incumbent position across mature and emerging markets. Competes with SteamaCo at large distribution utility RFPs in Africa but as part of a much broader portfolio of metering, networking, and analytics products.
- Landis+Gyr: Global AMI and smart metering incumbent serving electric, gas, and water utilities worldwide. Overlaps with SteamaCo on electricity distribution AMI and analytics at the high end of the African market, though Landis+Gyr's portfolio extends well beyond SteamaCo's emerging-market focus.
- EDMI (a Osaki Electric company): Asia-Pacific-headquartered smart meter manufacturer with global utility customers, including growing presence in African and other emerging markets. Directly comparable hardware line to SteamaCo's Savi smart meters, with broader geographic reach but less emerging-market-specific theft analytics.
- Sagemcom: European-headquartered provider of smart energy and metering solutions to utilities globally. Comparable to SteamaCo in electricity AMI and prepayment systems, though Sagemcom operates at much larger scale and across a broader telecom and energy portfolio.
- Apator: European provider of smart metering, grid infrastructure, and utility hardware, including electricity meters for distribution utilities. Competes with SteamaCo in AMI tenders where European-backed utilities or donor-funded projects standardize on IEC-compliant hardware and HES/MDMS stacks.
Emerging players
- HPL Electric & Power: Indian manufacturer of electricity meters (including prepaid and AMI-capable) with growing export focus into emerging markets. Partial overlap with SteamaCo on the prepaid electricity meter side, particularly in markets with similar prepaid/STS-style regulatory frameworks.
Regional players
- Conlog (BECIS / Schneider Electric): South Africa-based prepaid electricity meter and STS-compliant metering specialist with deep penetration across Southern and Sub-Saharan African utilities. A strong regional incumbent competing head-to-head with SteamaCo's Savi STS-compliant meters in African distribution utility tenders.
Others
- Shenzhen Donsun Technology: Chinese smart meter OEM and SteamaCo's hardware partner for the Savi meter range. Relevant adjacent player because Donsun's commercial terms, supply continuity, and roadmap directly affect SteamaCo's cost of goods and ability to scale hardware deployments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
SteamaCo social profiles
Digital presenceSteamaCo compliance and trust
Trust signalCompliance2 records
SteamaCo financial estimates
Financial estimateRevenue estimate
Valuation estimate
SteamaCo leadership team
Management profileNumber of profiles
Profiles12 records
SteamaCo subsidiaries and ownership
Company hierarchySubsidiaries1 record
SteamaCo funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SteamaCo M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SteamaCo
What does SteamaCo do?
SteamaCo provides an interoperable IoT-based Advanced Metering Infrastructure (IoT-AMI) platform that combines Savi smart meters and Data Concentrator Units with the cloud-based Nimbus AMI software, Aurora AI theft detection, and ThunderBolt field-force app. The platform enables African distribution utilities and off-grid energy companies to collect revenue through prepaid metering, detect and investigate energy theft, and remotely manage consumer connections. It integrates with mobile money, STS vending, DLMS/COSEM-compliant third-party meters, and ERP systems to deliver end-to-end revenue assurance.
Is SteamaCo a public or private company?
SteamaCo is a private company. It is classified as venture growth investor backed and is currently operating.
When was SteamaCo founded?
SteamaCo was founded in 2012. It employs 11 to 50 people.
Where is SteamaCo based?
SteamaCo is headquartered in Manchester, United Kingdom, in the Europe region.
How does SteamaCo make money?
Four revenue lines are on record. Smart Meter Hardware Sales are the primary driver. The others are cloud-based AMI Software Services, communications Data Charges and custom Software Development.
Who are SteamaCo's main competitors?
Direct peers on record are SparkMeter and CyanConnode. Broad incumbents are Itron, Landis+Gyr, EDMI (a Osaki Electric company), Sagemcom and Apator. HPL Electric & Power is listed as an emerging player. Conlog (BECIS / Schneider Electric) is listed as a regional player. Shenzhen Donsun Technology is listed as an others.
Does SteamaCo have an API?
Yes. SteamaCo offers a public API as part of its Nimbus AMI platform, described as fully documented to allow developers to perform bulk actions and integrate with the platform. The Interfaces (defined as the online user interface (UI) and the application programming interface (API)) enable customers to use and configure the Software and Equipment for data collection, data visualization, remote automation, site and consumer setup, alerts via SMS and/or email, and tariff configuration. Developer documentation is at steama.co/products.
What industry is SteamaCo in?
SteamaCo's product category is Smart Metering Infrastructure. Its primary akta.pro industry code is EUADAFAM, Meter-to-Cash / Billing & CIS Integration for AMI, with a secondary code of EUADAFAG, Revenue Protection, Theft Detection & Meter Analytics. Its NAICS code is 5182.