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Top 7 Meter Data Management Systems SaaS Companies in May 2026

As of May 2026, there are 7 SaaS companies in Meter Data Management Systems. They have combined revenues of $87.2M and employ 789 people. They have raised - and serve 575M customers combined.

Meter Data Management Systems (MDMS) are specialized software solutions that facilitate the collection, processing, and analysis of data from metering devices used in utilities such as electricity, water, and gas. These systems are essential for managing the large volumes of data generated by smart meters, allowing utilities to ensure accurate billing, improve operational efficiency, and enhance customer service. The primary use cases for MDMS include data validation, storage, and synchronization across various utility applications, enabling a cohesive management of metering operations. Typically, an MDMS will offer features such as automated data retrieval, data accuracy checks, and reporting tools to help utilities make informed decisions based on real-time and historical data analysis. Common buyer personas for MDMS include utility managers, operational analysts, and IT personnel who seek to mitigate revenue losses, minimize disputes, and enhance the overall metering experience for both the utility and its customers. By centralizing meter data, these systems play a crucial role in supporting regulatory compliance and strategic planning within utility operations.

Companies
7
Revenue
$87.2M
Funding
-
Employees
789

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Top Meter Data Management Systems Companies

Showing 10 of 4 companies ranked by annual revenue.

1
Prepago.ie

Dublin, Ireland

Prepago.ie is a very smart metering company. Prepago is a prepay and billing platform for the utility sector. Consumers are familiar with pay-as-you-go service in cell phones now they can have this - and more - at home for heat, power and water. Why? No bills. No arrears. No administration of customer deposits are required. District Heating billing? visit www.prepago.org.uk For any utility - just a digital meter is needed! Prepago has a suite of solutions enabling speedy retrofitting and affordable repurposing of digital meters to deliver a full smart metered and prepay service for any utility. EV Charging? The Prepay platform for Electric Vehicles; visit PrepayGO.com Utilities like it too; no payment delays, no arrears and fewer customer calls. As Prepago is a web service it is a bolt on and quick to implement which can run in parallel with your existing billing system and payment collection services. To the consumer it is an app on their cell phone. All information is off

Revenue
$629.3K
Customers
-
Year founded
2012
Funding
-
Team size
3
Growth
65.8%
2
Billcap

Cremorne, Victoria, Australia

Billcap unlocks meter data value to improve customer loyalty and competitive advantage for energy retailers. Our Approach: Billcap helps customers understand and engage with their energy use and increases customer acquisition and retention for energy retailers. We "white-label" our platform to energy retailers to put their brand at the centre of this customer engagement. Execution: Billcap is delivered as a 'white-label' software as a service model: We host, maintain and continuously improve the platform. Retailers can customise the look, feel and content to deliver a unique user experience.

Revenue
$568.2K
Customers
-
Year founded
2011
Funding
-
Team size
2
Growth
100.13%
3
Evoly

, Oregon, United States

Smart electric & water meters as a service

Revenue
$330K
Customers
-
Year founded
2021
Funding
-
Team size
3
Growth
-
4
Enpaas

Colchester, England, United Kingdom

Enpaas (Energy Platform As A Service) We’re changing the way energy companies run their business with the world’s only fully digital Software-as-a-Service (SaaS) platform and end-to-end managed services for power and gas suppliers, meter agents, brokers, and third-party intermediaries (TPIs). Enpaas helps you drive down costs, create new revenue streams, and increase profits through leading technology and expertise. We run everything so you can focus on your core business Cut expenses through innovation and managed-services expertise. Our managed-services team uses our suite of intelligent Enpaas tools developed specifically for the energy industry to manage your day-to-day operations. A team of industry experts is assigned to manage your complete service and deliver a low-cost-to-serve solution. Enpaas covers everything from quotation to billing and is ISO-certified. Intelligent tool kits and process automation. Digitally transform your supply, metering, and TPI/broker operation with our quick-to-deploy cloud applications. Our modular approach to solving pain points allows you to keep existing applications that work, and replace or add Enpaas solutions where you have functional deficiencies. Join some of the fastest-growing gas and electricity suppliers who trust their businesses in the hands of our expert managed-services professionals. Replace resource-intensive, error-prone, costly practices with automation and robust process delivery on tasks such as such as invoice validation, tariff research, and consumption management. For meter asset management, Enpaas delivers complete SMICoP compliant back-office applications to empower meter operators (MOPs) and meter asset managers (MAMs). For energy brokers and TPIs, Enpaas dashboards help you streamline tasks and communications between you and your customers and suppliers. Generate new sales opportunities and revenue streams.

Revenue
$220K
Customers
-
Year founded
-
Funding
-
Team size
2
Growth
-

Inclusion Criteria

- The product must collect, process, and store data from various types of metering devices. - Must support real-time and historical data analysis to enhance operational decision-making. - Should include features for data validation and synchronization with other utility systems. - Must cater specifically to utility companies in the electricity, gas, and water sectors. - Not just a billing system; it must also provide functionality for data management and analytics.