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Top 25 Smart Utilities Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 25 smart utilities software companies with $5M–$10M in annual revenue. They have combined revenues of $178.9M and employ 1.4K people. They have raised $80.3M and serve 65M customers combined.

Every company below sells smart utilities software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Smart Utilities Software Companies do

Smart Utilities Software encompasses a range of digital solutions designed to enhance the efficiency and effectiveness of utility management. These tools facilitate the monitoring, reporting, and analysis of resources such as electricity, water, and gas. By leveraging Internet of Things (IoT) technology, smart utilities software enables features like automated meter reading, predictive analytics for grid maintenance, and streamlined customer engagement processes. Typical workflows include real-time data capture, customer billing management, and incident reporting through user-friendly digital interfaces. Common buyer personas for these solutions include utility managers, operational teams, and customer service representatives, all seeking to improve resource management and user satisfaction. In a rapidly evolving energy landscape, these solutions are essential for optimizing utility operations and enabling proactive maintenance strategies.

Companies
25
Revenue
$178.9M
Funding
$80.3M
Employees
1.4K

Filters

Sorting: Highest -> Lowest

Filters

Top Smart Utilities Software Companies With $5M–$10M Revenue

Showing 10 of 25 companies ranked by annual revenue.

1Withthegrid logo
Withthegrid

Utrecht, Netherlands

Withthegrid is a Dutch company that connects and empowers infrastructure assets, grid operators, energy producers and users through monitoring and flexibility solutions.

Revenue
$9.8M
Team size
49
2Reactive Technologies logo
Reactive Technologies

London, England, United Kingdom

Provider of an energy demand side management software intended to empower and create value for businesses. The company's software is cloud-based that helps in conserving electrical energy, as well as can be used for zero carbon demand-side response, network efficiency, reactive power management and integration of renewable and intermittent generation into the grid, enabling clients to adjust energy consumption for short periods of time without impacting day-to-day operations.

Revenue
$9.5M
Year founded
2010
Team size
74
3SmartPulse Technology Inc. logo
SmartPulse Technology Inc.

İstanbul, Turkey

smartPulse aims to change the traditional energy planning methods through algorithmic trading with machine learning support. It develops advanced energy trading software solutions technologies with its original software strength and Internet of Things infrastructure. smartPulse Technology provides smart energy management platform software solutions and infrastructures that provide effective management of production and consumption points.

Revenue
$9.4M
Year founded
2018
Team size
68
4ndustrial.io logo
ndustrial.io

Raleigh, North Carolina, United States

Energy intensity platform integrating over 60 different systems into a single view to enable smarter energy decisions in real time

Revenue
$9.3M
Year founded
2015
Team size
66
5Energy Toolbase logo
Energy Toolbase

Stuart, Florida, United States

Energy Toolbase is an industry-leading software platform that provides a cohesive suite of project modeling, storage control, and asset monitoring products that enable solar and storage developers to deploy projects more efficiently. The newly combined company is backed by its parent company, Pason Systems Inc. (TSX - PSI), a worldwide leader in energy data management and controls automation software.

Revenue
$8.9M
Year founded
2014
Team size
81
6Ready logo
Ready

San Francisco, California, United States

Collaborative platform for optimizing regulated utilities such as…

Revenue
$8.9M
Year founded
2020
Team size
59
7Enode logo
Enode

Oslo, Norway

An API for electric vehicles and other energy hardware (DERs)

Revenue
$8.4M
Year founded
2020
Team size
56
8Subeca logo
Subeca

San Diego, California, United States

Subeca is an end-to-end water management platform that leverages dual network technology to provide 24-7 utility control. The company specializes in smart water management solutions, offering retrofit AMI solutions powered by Amazon Sidewalk and LoRaWAN.

Revenue
$8.3M
Year founded
2014
Team size
25
9Storm Harvester logo
Storm Harvester

Belfast, Northern Ireland, United Kingdom

Developer of an automated water management software designed to reduce urban flooding and facilitate water reuse and recycling.

Revenue
$8.2M
Year founded
2012
Team size
88
10Green Fusion logo
Green Fusion

Hohen Neuendorf, Brandenburg, Germany

Green Fusion is a German-based startup that develops a cloud-based energy management platform for the intelligent control of heat, electricity, and e-mobility, focusing on energy efficiency and reduction of CO2 emissions.

Revenue
$8M
Year founded
2021
Team size
76

Frequently asked questions about Smart Utilities Software Companies With $5M–$10M Revenue

How many smart utilities software companies with $5M–$10M in annual revenue are there?

Latka tracks 25 smart utilities software companies with $5M–$10M in annual revenue. Together they generate $178.9M in annual revenue and employ 1.4K people.

Which smart utilities software company with $5M–$10M in annual revenue is the largest?

Withthegrid is the largest, with $9.8M in annual revenue.

How much revenue does a typical smart utilities software company with $5M–$10M in annual revenue make?

The average smart utilities software company in this list makes $7.2M a year, across 25 companies with reported revenue. They serve 65M customers combined.

Who are the leading Smart Utilities software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Withthegrid, Reactive Technologies, SmartPulse Technology Inc., ndustrial.io and Energy Toolbase.

How much funding have smart utilities software companies with $5M–$10M in annual revenue raised?

The 25 smart utilities software companies with $5M–$10M in annual revenue tracked here have raised $80.3M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The software must support real-time monitoring of utility resource usage. - It should provide tools for automated meter reading and billing management. - The software must enable customer engagement, allowing users to access their usage data and report issues digitally. - It should include analytics capabilities for predictive maintenance and resource optimization. - The product must cater specifically to utility providers, not general business management software.