Tech Company Financing Transactions

SparkMeter Funding Round

Honeywell Venture Capital invested in a $5 million funding round for SparkMeter. The round was recorded on 11/30/2023.

Transaction Overview

Company Name
Announced On
11/30/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors

Honeywell Venture Capital (Lead Investor)

Proceeds Purpose
The company intends to use the funds to transcend the small microgrid market and up into the larger global utility market. Under the partnership, Honeywell Smart Energy will provide its base of US utility customers with SparkMeter's integrated approach to cloud-based metering and operational analytics software and offer SparkMeter's metering hardware to large emerging market countries.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1616 H St. NW
Washington, DC 20006
USA
Phone
Undisclosed
Email Address
Overview
SparkMeter offers comprehensive low-cost metering solutions for everything from rural micro-grids to existing urban central grid utilities. Our products help make access to electricity possible in hard-to-reach places and underserved markets.
Profile
SparkMeter LinkedIn Company Profile
Social Media
SparkMeter Company Twitter Account
Company News
SparkMeter News
Facebook
SparkMeter on Facebook
YouTube
SparkMeter on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Schnitzer
  Daniel Schnitzer LinkedIn Profile  Daniel Schnitzer Twitter Account  Daniel Schnitzer News  Daniel Schnitzer on Facebook
Chief Financial Officer
Salman Ahmed
  Salman Ahmed LinkedIn Profile  Salman Ahmed Twitter Account  Salman Ahmed News  Salman Ahmed on Facebook
Chief Operating Officer
Arthur Jacquiau-Chamski
  Arthur Jacquiau-Chamski LinkedIn Profile  Arthur Jacquiau-Chamski Twitter Account  Arthur Jacquiau-Chamski News  Arthur Jacquiau-Chamski on Facebook
Co-Founder
Tristan Escalada
  Tristan Escalada LinkedIn Profile  Tristan Escalada Twitter Account  Tristan Escalada News  Tristan Escalada on Facebook
VP - Bus. Development
Benjamin Momat
  Benjamin Momat LinkedIn Profile  Benjamin Momat Twitter Account  Benjamin Momat News  Benjamin Momat on Facebook
VP - Bus. Development
Morayo Osiyemi
  Morayo Osiyemi LinkedIn Profile  Morayo Osiyemi Twitter Account  Morayo Osiyemi News  Morayo Osiyemi on Facebook
VP - Engineering
Nai Phasay
  Nai Phasay LinkedIn Profile  Nai Phasay Twitter Account  Nai Phasay News  Nai Phasay on Facebook
VP - Engineering
Jon Thacker
  Jon Thacker LinkedIn Profile  Jon Thacker Twitter Account  Jon Thacker News  Jon Thacker on Facebook
VP - Operations
Amar Lal
  Amar Lal LinkedIn Profile  Amar Lal Twitter Account  Amar Lal News  Amar Lal on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/30/2023: Clayful venture capital transaction
Next: 11/30/2023: Conduiit venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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