Allrate
Allrate AS is a Norwegian B2B service provider specializing in measurement, settlement, invoicing and debt collection (MAFI) for grid operators and power suppliers, built on the Metzum cloud platform as a subsidiary of Elmera Group ASA.
- Company typePrivate
- Founded2020
- HeadquartersBergen, Norway
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Allrate does
Allrate AS is a Norwegian B2B technology and services company that delivers MAFI solutions — Måling (measurement), Avregning (settlement), Fakturering (invoicing) and Innfordring (debt collection) — to Norwegian power suppliers, grid operators, and broadband providers. Founded in spring 2020 and headquartered in Bergen with an additional office in Sortland, the company operates as a wholly owned subsidiary of Elmera Group ASA, the publicly listed Norwegian energy and telecom group, and serves more than 30 energy companies, primarily small and mid-sized municipal and cooperative utilities across Norway.
The company's product portfolio is built on the Metzum cloud platform, a multi-tenant SaaS environment that handles high-volume meter data ingestion, regulatory reporting, settlement runs and end-customer billing workflows. The stack includes specialized modules such as KraftFri (supplier switching), KraftFlyt (move-in/move-out handling), Kraftsvar (invoicing and receivables), Strømleverandørportalen (supplier portal), Nettselskapsportalen (DSO portal), Effektfaktorer and Smart Måler. Core system integrations include Elhub (the Norwegian Data Hub operated by Statnett), Altinn, Skatteetaten (Norwegian Tax Administration), Bisnode (credit data) and Nets/Innovativ. In January 2023, Allrate formalized a partnership with Lime Technologies (CRM) and Cubit Consulting (implementation) to broaden the delivery stack, and in November 2024 the company launched Nordic Grid Solution (KIS), a cloud-based grid-management product developed jointly with Lime and Cubit for smaller DSOs in Norway.
Allrate generates revenue primarily through subscription-based SaaS pricing on the Metzum platform, transactional fees tied to the volume of customers processed, and implementation/services revenue from customer onboarding and partner-led delivery. Go-to-market is anchored on the Kraftalliansen partnership network, through which 30+ energy companies access Allrate's services. Revenue is not separately disclosed in Elmera Group's reporting, and the company operates at a sub-scale level within the parent group's segment reporting, with approximately 9 employees in total as of mid-2025.
Allrate firmographics
Firmographics- Name
- Allrate
- Legal name
- Allrate AS
- Website
- https://allrate.no
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Allrate AS is a Norwegian B2B service provider specializing in measurement, settlement, invoicing and debt collection (MAFI) for grid operators and power suppliers, built on the Metzum cloud platform as a subsidiary of Elmera Group ASA.
- Ownership category
- akta.pro rank
Allrate industry classification
Industry- Product category
- Energy Utility Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Totalizing Fluid Meters & Counting Devices (3824)
- akta.pro primary industry
- Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)
- akta.pro secondary industries
- Smart Grid Automation & Distribution Management (DA/ADMS) (EUADAPAA), Meter Asset Management (Lifecycle, Testing, Calibration & Replacement) (EUAJACAC)
Keywords
Where Allrate is headquartered
LocationHeadquarters
- HQ city
- Bergen
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Allrate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- MAFI Services: Recurring B2B services for measurement, settlement, invoicing and collection (MAFI) delivered to Norwegian power companies and grid operators. Services provided through a modular cloud platform with automation capabilities.
- Nordic Grid Solution (KIS): Customer information system (KIS) provided as SaaS to grid operators. Includes implementation, training and ongoing system support.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Allrate product offering
Product offeringCore offering
AllRate delivers cloud-based MAFI (Measurement, Settlement, Invoicing, Collection) services and the Nordic Grid Solution KIS system to Norwegian grid operators (nettselskaper) and power suppliers. Services include automated consumption data handling, settlement calculation, multi-channel invoice distribution, and debt collection integrated with Elhub, Lindorff, and Lime CRM Utility. Delivered as modular SaaS with open APIs on the Metzum cloud platform.
Product overview
AllRate delivers MAFI (Måling/Measurement, Avregning/Settlement, Fakturering/Invoicing, Innfordring/Debt Collection) services on a modern, modular cloud platform to Norwegian power companies and grid companies. The core offering consists of five integrated service modules (Måling, Avregning, Fakturering, Innfordring, and Tilleggstjenester) built on the Metzum cloud platform. The flagship product is Nordic Grid Solution, a comprehensive KIS (Customer Information System) developed in partnership with Lime Technologies and Cubit, providing grid companies with automated billing, customer self-service portals, and regulatory compliance. All services are delivered as SaaS with open API integrations.
Differentiator
Problem solved
Functional benefit
Products and services
- Nordic Grid Solution A cloud-based SaaS Customer Information System (KIS) and installer messaging system for Norwegian grid companies (nettselskaper). Provides automated billing (over 98% automatic invoicing), Elhub integration, work order management, customer self-service portal (Min Side), regulatory reporting, and open API integrations. Developed in partnership with Lime Technologies and Cubit, with Lime CRM Utility for end-to-end customer management.
- MAFI Services Modular cloud-based services for Measurement (Måling), Settlement (Avregning), Invoicing (Fakturering), and Collection (Innfordring) for the Norwegian power industry. Delivered on the Metzum cloud platform with open REST/Web Services APIs, automated deviation handling, multi-channel invoice distribution (PDF, EHF, eFaktura, Avtalegiro), and integration with Elhub for consumption data and Lindorff for debt collection. Target customers are Norwegian grid operators and power suppliers in the Kraftalliansen network.
- Tilleggstjenester (Additional Services) Supplementary administrative and operational services for AllRate customers, including reporting and analysis, customer service support, customer app, handling of supply obligations (leveringsplikt), and project management for conversion and migration from legacy KIS systems. Available as add-on services alongside the core MAFI modules.
Companies that use Allrate
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Allrate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature4 records
Allrate partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Lime Technologies AScoreCRM and component/installation register partner for Nordic Grid Solution. Lime provides customer management, sales, marketing automation, and installation notification handling. System based on Lime CRM Utility for energy companies.
- Cubit AScoreInspection and installation notification partner for Nordic Grid Solution. Contributed to the development and implementation of the new KIS system.
- Metzum AScoreTechnology company providing future-oriented solutions for efficient and scalable handling of large transaction volumes. Delivers the cloud platform (SaaS) and automated settlement and billing capabilities for AllRate services.
- KraftalliansencoreElmera Group's collaboration model for power producers and suppliers in Norwegian rural areas. AllRate delivers MAFI services through Kraftalliansen to 30 energy companies across the country including power suppliers, grid operators, and power producers.
- Elmera Group ASAflagshipParent company of AllRate AS. Elmera Group ASA is listed on Oslo Stock Exchange and owns brands including Fjordkraft, TrøndelagKraft, Gudbrandsdal Energi, Steddi Payments, and Nordic Green Energy. Founded April 1, 2001.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Allrate competitors and assessment
Company assessmentBroad incumbents
- Vitec Software Group: Nordic vertical software acquirer with utility and energy sector solutions among its portfolio. Operates broadly across verticals but has overlapping KIS/billing capabilities for energy cooperatives and DSOs in Scandinavia.
- Itron Inc. Global smart metering and grid data analytics provider active across Europe including the Nordics. Competes with Allrate on metering data management and AMI integration for utilities.
- Kamstrup A/S: Danish-headquartered provider of smart metering, AMI, and energy data solutions for utilities. Comparable to Allrate on the metering/measurement data layer and grid-edge analytics for Nordic DSOs.
- Landis+Gyr: Global leader in smart metering and grid management solutions with a strong Nordic presence via TDS (formerly Tibber/Capgemini engineering). Competes at the metering/AMI and grid data layer Allrate addresses.
- TietoEVRY (Tieto): Large Nordic IT services and software company with a dedicated utilities vertical offering KIS, billing, and grid operations solutions. Broader portfolio than Allrate but directly competes for Norwegian DSO IT modernization deals.
Emerging players
- Lime Technologies AB: Nordic CRM and customer engagement software vendor with a dedicated Lime CRM Utility solution used by energy companies. Currently a partner of Allrate in Nordic Grid Solution but competes for CRM/customer engagement wallet within utility customers.
Direct peers
- Metrum AB: Swedish provider of metering, billing, and settlement services for Nordic energy companies. Highly comparable business model and product scope to Allrate's MAFI services, serving similar DSO/power supplier customers in the Nordics.
- Aidon Oy: Nordic provider of smart metering, AMI, and grid data management solutions for DSOs. Overlaps with Allrate in metering/measurement data handling and grid-edge data integration for Scandinavian utilities.
- Powel AS: Norway/Nordic-headquartered software provider for energy and utility companies (grid operations, metering, energy data). Direct competitor to Allrate in serving Norwegian nettselskaper with utility software and data management capabilities.
Regional players
- Enfo Oy: Finnish/Nordic IT services and software firm with energy utility customers. Comparable business model of providing IT solutions and managed services to Nordic DSOs, though primarily operating in Finland rather than Norway.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Allrate social profiles
Digital presenceAllrate compliance and trust
Trust signalCompliance1 record
Allrate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Allrate leadership team
Management profileNumber of profiles
Profiles5 records
Allrate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Allrate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Allrate
What does Allrate do?
AllRate delivers cloud-based MAFI (Measurement, Settlement, Invoicing, Collection) services and the Nordic Grid Solution KIS system to Norwegian grid operators (nettselskaper) and power suppliers. Services include automated consumption data handling, settlement calculation, multi-channel invoice distribution, and debt collection integrated with Elhub, Lindorff, and Lime CRM Utility. Delivered as modular SaaS with open APIs on the Metzum cloud platform.
Is Allrate a public or private company?
Allrate is a private company. It is classified as corporate owned and is currently operating.
When was Allrate founded?
Allrate was founded in 2020. It employs 11 to 50 people.
Where is Allrate based?
Allrate is headquartered in Bergen, Norway, in the Europe region.
How does Allrate make money?
Two revenue lines are on record. MAFI Services are the primary driver. The others are nordic Grid Solution (KIS).
Who are Allrate's main competitors?
Broad incumbents on record are Vitec Software Group, Itron Inc., Kamstrup A/S, Landis+Gyr and TietoEVRY (Tieto). Lime Technologies AB is listed as an emerging player. Direct peers are Metrum AB, Aidon Oy and Powel AS. Enfo Oy is listed as a regional player.
Does Allrate have an API?
No public API is recorded for Allrate.
What industry is Allrate in?
Allrate's product category is Energy Utility Software. Its primary akta.pro industry code is EUAEANAI, Grid Data & Analytics Enablement (MDM, Data Integration, Hosting), with a secondary code of EUADAPAA, Smart Grid Automation & Distribution Management (DA/ADMS). Its NAICS code is 51821 and its SIC code is 7370.