As of September 2026, Latka tracks 36 smart utilities software companies with $1M–$5M in annual revenue. They have combined revenues of $84.8M and employ 821 people. They have raised $92.3M and serve 500K 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.
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.
Sorting: Highest -> Lowest
Showing 10 of 36 companies ranked by annual revenue.
Lund, Skåne, Sweden
Emulate Energy, emerging from Sweden's forefront of the energy transition, is committed to expediting the global shift to sustainable power. It specializes in residential smart heating and charging optimization solutions and offers a white-label SaaS platform designed for mid-sized electricity utilities, allowing them to provide behind-the-meter services.
Nairobi, Kenya
Developer of a cloud-based software application designed to provide access to microgrid electricity to rural homes. The company's software application and proprietary smart meter run real-time data analytics and automate account management tasks while remotely monitoring and controlling microgrid operations, allowing customers in the rural areas to gain access to an affordable electricity supply that can power small appliances and income-generating equipment.
Sandy, Utah, United States
Developer of a utility tracking application designed to track utilities in real-time and save money. The company's utility tracking application real-time analytics and data about the usage of electricity, gas and water, forecasts demand utility usage enabling users to monitor usage and meet their energy reduction requirement.
Mount Waverley, Victoria, Australia
Provider of a cloud based Machine-to-Machine platform intended to offer utilities such as water, gas and electricity across Asia. The company's cloud based Machine-to-Machine platform integrates into any M2M device like industrial or residential gateways, smart meters, appliances as well as sensors and provides secure access, providing consumers with products which can be remotely programmed and helps low cost microprocessors to perform complex tasks.
Singapore, Singapore
InoVaantage is an IT & OT Solution and Service provider for Telecommunications, Transportations and Utilities with a strong customer base in Australia, Singapore, Malaysia and HK. We have supported many mission critical projects and programs to ensure quality deliverables, timely completion and cost optimisation for our partners and customers in each engagements.
San Francisco, California, United States
Open source grid management software as a service for distributed energy and the renewable transition
Ilmenau, Germany
Developer of a cloud-based software designed to solve complex optimization and forecasting tasks using artificial intelligence. The company's software supports energy companies is decision making process, by calculating forecasts for the future demand for electricity, gas or heat in real time.
Toronto, Ontario, Canada
Operator of a cloud-based software intended to automatically balance the supply of comfort produced by a building's mechanical system. The company has developed an energy management system that controls existing heating, ventilation and air conditioning equipment using cloud-based artificial intelligence, providing customers with energy savings for condos and other multi-residential buildings.
Santa Ana, California, United States
Provider of patented energy IoT technology and platform as a Service (PaaS) intended to offer cloud energy management services. The company's technology and platform as a Service (PaaS) has multiple patents issued that cover its utilization of IoT technology control building systems for optimized energy use, costs and sustainability, providing energy service companies (ESCOs) with real time automated energy optimization and demand response.
Top Rasko, Yehud, Israel
Provider of integrated event management services designed to monitor water distribution networks. The company's integrated event management services are based on big data analytics and algorithms, enabling utilities to detect, analyze and manage network events and incidents such as leaks, bursts, faulty assets, telemetry and data issues and operational failures.
Latka tracks 36 smart utilities software companies with $1M–$5M in annual revenue. Together they generate $84.8M in annual revenue and employ 821 people.
Emulate Energy is the largest, with $4.5M in annual revenue, founded in 2020.
The average smart utilities software company in this list makes $2.4M a year, across 36 companies with reported revenue. They serve 500K customers combined.
Ranked by annual revenue, the leaders are Emulate Energy, Powerhive, Vutiliti, Freestyle Technology and Inovaantage.
The 36 smart utilities software companies with $1M–$5M in annual revenue tracked here have raised $92.3M in disclosed funding between them.
- 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.
Sign up to access all features
Sign up with GoogleSign up with LinkedInAlready have an account? Log in
GetLatka is trusted by 200k+ founders, researchers, and marketers.
No contracts, cancel at any time