Eyedro Green Solutions Inc.

What Eyedro Green Solutions Inc. does

Eyedro Green Solutions Inc. is a privately held Canadian software and electronics design company, founded in December 2009 and headquartered in Waterloo, Ontario. The company builds a vertically integrated energy monitoring platform that combines proprietary hardware meters (home energy monitors, 3-phase energy meters, inline power meters, flow meters, and temperature meters) with the MyEyedro cloud SaaS platform. The hardware captures high-resolution electricity, water, gas, and temperature data using split-core sensors and supports WiFi, Ethernet, and wireless mesh connectivity, while the cloud layer provides real-time analytics, automated cycle detection (OFF/IDLE/RUN states), HVAC Delta T monitoring, multi-site dashboards, alerting, and reporting.

The company monetizes through three streams: one-time hardware sales ranging from USD $139 (home monitor) to USD $1,875 (industrial flow meters), recurring SaaS subscriptions at USD $39 per device per year (MyEyedro Pro), and custom enterprise solutions with white-label dashboards, API access, and integration services for utilities, solar installers, and facility managers. A free MyEyedro Standard tier is bundled with hardware purchases to drive product-led adoption. The platform serves thousands of customers across more than 160 countries, addressing residential homeowners, commercial and industrial businesses, EV infrastructure operators, RV parks, multi-tenant properties, data centers, cell tower networks, and solar installers.

Eyedro operates with a lean team of 1-10 employees and distributes through a direct e-commerce storefront, distributors, value-added resellers (via the Eyedro Partner Program), and direct enterprise sales. The company has no disclosed external institutional funding, has remained privately held since founding, and reports PIPEDA compliance for data protection. Strategic integrations include Samsung SmartThings, AWS, and Microsoft Azure, alongside custom engineering services for B2B partners.

Name

Eyedro Green Solutions Inc.

Legal name

Eyedro Green Solutions Inc.

Website

https://eyedro.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Eyedro Green Solutions Inc. designs and sells proprietary real-time energy monitoring hardware (electricity, water, gas, temperature) paired with the MyEyedro cloud SaaS platform, serving residential, commercial, and industrial customers across 160+ countries.

Ownership category

akta.pro rank

Product category

Energy Monitoring Hardware

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

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

akta.pro secondary industries

Energy Management & Monitoring (Submetering, Dashboards, Analytics) (BPABAGAD), Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH), Power Quality, Line Monitoring & Grid Edge Sensors (PMUs/µPMUs) (EUADAPAO), Smart Appliance & Energy Management Integration (HSAHADAG), Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)

Keywords

• Energy monitoring hardware
• Real-time energy metering
• Cloud energy management
• Utility submetering
• IoT energy sensors

Headquarters

HQ city

Kitchener

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales: Sale of energy monitoring devices including home energy monitors, 3-phase energy meters, inline power meters, flow meters, and temperature meters. Hardware is sold directly via e-commerce and through distributors/resellers. Prices range from $139 to $1,875 depending on product type and configuration.
2. MyEyedro Software Subscriptions: Subscription-based SaaS tiers for cloud software: MyEyedro Standard (free with hardware), MyEyedro Pro at USD $39 per device annually, and custom MyEyedro Enterprise pricing. Pro tier unlocks advanced features including unlimited sites, alerts, reports, asset analytics, and extended data storage.
3. Enterprise Custom Solutions: Custom engineering and integration services including white-labeled dashboards, API access, platform integrations, product bundling, and custom plugins/features for B2B partners such as utilities and solar installers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Eyedro designs, manufactures, and sells a hardware-plus-software energy monitoring platform: split-core and inline electricity meters, 3-phase meters, flow meters, and temperature meters feed real-time data into the MyEyedro Cloud platform where users visualize, forecast, and report on electricity, water, and gas consumption. Offerings span a $139 residential home monitor up to custom enterprise white-label deployments for utilities, solar installers, and facility operators.

Product overview

Eyedro Green Solutions Inc. is a software and electronics design company making electricity usage easy to understand. The product portfolio consists of a hardware-plus-software platform architecture built around the MyEyedro Cloud platform. The core hardware product line includes the Eyedro Home Energy Monitor for residential applications, the 3-Phase Energy Meter for commercial and industrial environments, the Inline Power Meter for machine and equipment monitoring, the Flow Meter for water and gas monitoring, and the Temperature Meter for environmental monitoring. These hardware products are complemented by MyEyedro Cloud software available in three tiers: MyEyedro Standard (free with all devices), MyEyedro Pro (USD $39/device/year for advanced analytics and asset management), and MyEyedro Enterprise (custom solutions with white-labeling and API access). The platform supports both direct WiFi/Ethernet connectivity and a wireless mesh network option for scalable deployments. Eyedro also offers custom engineering and integration services for enterprise partners seeking white-labeled or API-driven solutions.

Differentiator

Problem solved

Functional benefit

Brands

• MyEyedro: Cloud-based energy monitoring software platform that provides real-time energy data tracking, analysis, and reporting for Eyedro hardware devices. Available in Standard (free), Pro ($39/device/year), and Enterprise (custom) editions.

Products and services

• Eyedro Home Energy Monitor (EYEDRO-HOME) Residential electricity monitor for 120/240V, 60Hz systems. Tracks energy (kWh), voltage, amperage, true power (W), and power factor using split-core current sensors with WiFi/Ethernet connectivity to the MyEyedro cloud.
• 3-Phase Energy Meter (EB6-EW-E3) High-precision 3-phase energy meter for commercial and industrial environments supporting Wye and Delta configurations up to 600VAC/3000A, with Rogowski coil flex sensors and real-time data via MyEyedro cloud or local mode.
• Inline Power Meter (ILM Series) Plug-and-play inline electricity monitor for equipment and machine monitoring with automatic cycle detection for OFF, IDLE, and RUN states. Available in 15A and 20A ratings with C13/C14 or C19/C20 socket configurations.
• Flow Meter (E5B-EW-P2 Series) Water and gas pulse meter with 2-input pulse counter for commercial and industrial applications. Supports rotary gas meters, rotary water meters, and pulse output meters with WiFi/Ethernet connectivity.
• Temperature Meter (E5B-EW-T2) Temperature monitoring system for business applications with measurement range of -40F to 464F (-40C to 240C), including glass fiber k-type thermocouples with optional stainless steel variants and a 2-port sensor module.
• Wireless Mesh Network Products Mesh gateway (E5B-M-GW), mesh repeater nodes (E5B-M-REP), and mesh-enabled energy meters (E5B-M-E3), flow meters (E5B-M-P2), and temperature meters (E5B-M-T2) for scalable wireless deployments, with gateway support for up to 31 sensor modules.
• MyEyedro Cloud Platform Cloud-based energy monitoring SaaS available in Standard (free with hardware), Pro ($39/device/year), and Enterprise (custom) tiers. Provides real-time visualization, forecasting, alerts, asset analytics, multi-site management, net metering, white-label dashboards, API access, and cloud-to-cloud integration accessible via web or mobile apps.
• Custom Engineering and Integration Services B2B integration services including white-labeled UX and dashboards, robust API access, seamless platform integrations with AWS/Azure/IoT platforms, product bundling, and custom plugin development for utilities, solar installers, facility managers, and other partners.
• Eyedro Install Tool Companion tool to MyEyedro used for installing, configuring, and managing Eyedro devices, available as desktop and mobile applications.

Quantifiable outcome

• 10% energy savings identified within first 48 hours of monitoring (Industrial customer testimonial)
• +3 more outcomes

Named customers7 records

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability1 record

Feature8 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Samsung SmartThingscoreTechnology or IntegrationNative integration with Samsung SmartThings platform, enabling Eyedro energy monitoring data to be accessed and managed within the SmartThings smart home ecosystem.
• AWSsupportingTechnology or IntegrationEnterprise integration support for AWS cloud platforms, enabling customers to integrate Eyedro energy data into their existing AWS-based infrastructure and analytics.
• AzuresupportingTechnology or IntegrationEnterprise integration support for Microsoft Azure cloud platforms, enabling customers to integrate Eyedro energy data into their existing Azure-based infrastructure and analytics.
• B2B Partners (Utilities, Solar Installers, Facility Managers)coreStrategic or Co-development PartnerStrategic partnerships with utilities, solar installers, and facility managers for custom engineering and integration services including white-label dashboards, API access, and B2B platform integrations tailored to unique business needs.

Scale indicators5 records

Expansion highlights5 records

Broad incumbents

• Itron: Itron is a global utility-grade AMI smart-meter incumbent; its metering and analytics stack competes with Eyedro's commercial and multi-tenant submetering offerings where utilities and large property owners require enterprise-grade metering.
• Generac: Following its acquisition of Neurio, Generac offers home energy monitoring integrated with its broader residential energy ecosystem (generators, PWRcell) — competing with Eyedro's residential product line as part of a much larger portfolio.
• Enphase Energy: Enphase's IQ Gateway and Installer Toolkit provide solar production and consumption monitoring bundled with its microinverter platform — overlapping with Eyedro's solar installer segment as part of a much larger energy product suite.
• Schneider Electric: Schneider Electric offers PowerLogic meters, EcoStruxure energy management software, and a broad building energy portfolio — overlapping Eyedro's C&I energy management and submetering use cases as part of a much larger industrial portfolio.

Direct peers

• Curb: Curb offers a panel-level home energy monitoring system with cloud-based appliance detection, competing with Eyedro's 3-phase and inline power meters for households seeking real-time load disaggregation.
• eGauge Systems: eGauge manufactures commercial-grade metering hardware paired with a web-based energy dashboard for submetering, multi-tenant, and demand-management use cases — directly overlapping Eyedro's commercial and industrial offerings.
• Smappee: Smappee provides smart energy monitors, gas/water pulse meters, and a cloud analytics platform for residential and C&I customers — a direct competitor across Eyedro's full hardware-and-software stack including EV charging integrations.
• Sense: Sense offers a home energy monitoring device with AI-driven appliance disaggregation, sold direct-to-consumer with a companion subscription app — directly comparable to Eyedro's home energy monitor plus MyEyedro Pro software bundle.
• Emporia Energy: Emporia sells the Vue energy monitor and a broader ecosystem of smart plugs and home energy hardware with cloud analytics, directly competing with Eyedro in residential and small-commercial real-time energy monitoring.
• Brultech: Brultech makes CT-based energy monitoring hardware for prosumer and commercial applications with cloud/CSV data export — comparable to Eyedro's split-core sensor products serving the same power-user monitoring niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Eyedro
• YouTubeyoutube.com/@Eyedro
• Facebookfacebook.com/eyedro1
• LinkedInlinkedin.com/company/eyedro-green-solutions-inc-
• Instagraminstagram.com/eyedro

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

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 Eyedro Green Solutions Inc.