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Top 47 Utilities Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 47 utilities software companies with $1M–$5M in annual revenue. They have combined revenues of $117.8M and employ 1.3K people. They have raised $91.7M and serve 500K customers combined.

Every company below sells 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 Utilities Software Companies do

Utilities software encompasses a range of applications designed to support the management and operational needs of utility companies, including water, electricity, and gas providers. These solutions facilitate critical functions such as customer information management, billing, asset management, and regulatory compliance, ensuring these organizations operate efficiently while meeting service demands. Common use cases for utilities software involve the automation of billing processes, management of customer interactions, forecasting demand, and optimizing asset utilization. Features often include data analytics, mobile access, communication tools, and integration capabilities with other enterprise systems. Typical users of these applications include operations managers, regulatory compliance teams, and customer service representatives within utility organizations. As the utilities sector continues to evolve, the importance of real-time data and connectivity has grown. Utilities software enables firms to transform and streamline workflows, thus enhancing operational efficiency while also addressing sustainability challenges. The software supports various regulations impacting the utilities industry, allowing for improved service delivery and customer satisfaction.

Companies
47
Revenue
$117.8M
Funding
$91.7M
Employees
1.3K

Filters

Sorting: Highest -> Lowest

Filters

Top Utilities Software Companies With $1M–$5M Revenue

Showing 10 of 47 companies ranked by annual revenue.

1Avertra logo
Avertra

Herndon, Virginia, United States

Provider of information technology (IT) solutions and consulting services intended to help businesses realize the full value of their investments in the IT. The company's solutions help in improving the efficiency of gas, water and electric utility operations, operates an account with a call center administration modules, provides web-based CRM (customer relationship management) solutions and integrates back end systems along with providing IT transformational strategies, data management, platform development and managed and outsourcing services, enabling clients to generate return on their investment and streamline business operations.

Revenue
$4.9M
Year founded
2007
Team size
190
2Emulate Energy logo
Emulate Energy

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.

Revenue
$4.5M
Year founded
2020
Team size
42
3Plexigrid logo
Plexigrid

Stockholm, Sweden

💛🍃⚡Plexigrid is reinventing electricity grids by developing software that provides distribution grid operators with the real-time analytics, control, and flexibility capabilities they need to efficiently enable the energy transition. ❤️💙💛We are a Swedish & Spanish deep tech scale-up with roots from the University of Oviedo, combined with leading experience in the renewable energy industry. We develop software that enhances, optimizes, and saves time for engineers involved in the operations, planning, and monitoring of the distribution grid. 🎯Monitoring? Load flow analysis? Connection requests? Flexibility management? The functionalities are many. Some examples of applications & functionalities include; ⚡ Low & Medium voltage monitoring ⚠️ Outage detection 🔋 Adding storage ☀️ Adding residential PV 🚗 Adding EV chargers 🔌 Connection requests scenarios 📈 Optimize load flows & configurations 🖥️ Monte Carlo simulations ⏺️ Real-time interaction 📄 Reporting tools 🎯Imagine if you had a full digital twin of your network. Not only that, but a real-time digital twin, updated as we go. This allows you to have abilities that can be extremely complimentary to your exisiting systems, such as SCADA, ADMS & GIS/NIS. It will be a crucial tool for network operators to have in their belt, making it possible to integrate the large amounts of DER in the near future. 💸Our technology will enable a more intelligent and efficient operation of electricity distribution grids and save hundreds of billions in grid CAPEX/OPEX savings for grid operators and their customers, making the energy transition faster, more affordable, and more sustainable for billions of people.

Revenue
$4.3M
Year founded
2020
Team size
39
4Gomocha logo
Gomocha

United States

Gomocha is the field service platform for forward-thinking field service operators. Gomocha empowers mobile field workers to perform their daily tasks via workflow-driven processes. Gomocha is fully configurable and designed for companies with construction, energy, food & beverage, manufacturing, oil & gas, security services, utilities, and more field service teams. Gomocha uncovers hidden efficiencies, matching skill with demand, so your field technicians deliver an exceptional customer service experience that helps you increase revenue and remain compliant. Gomocha allows users to customize forms, workflows, and processes to adapt to changing business processes. Need to add fields, specify terminology or languages, or grant different access to specific users? It’s all simple with Gomocha. The Workflow Designer allows users to rapidly create, deploy, and change the app. Gomocha ensures seamless integration with all ERP systems. Visit the Gomocha blog for the latest field service trends: www.gomocha.com/blog/

Revenue
$4.1M
Year founded
2014
Team size
37
5Powerhive logo
Powerhive

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.

Revenue
$4M
Year founded
2011
Funding
$41.3M
Team size
85
6Intelecy logo
Intelecy

Oslo, Oslo, Norway

Intelecy is the world’s first no-code industrial AI company. Our mission is to help businesses improve industrial processes, reduce waste, energy consumption, and costs. We provide software tools to engineers in factories, enabling them to create powerful machine learning models from production data in minutes – without a single line of code! No-code AI revolutionizes the process and manufacturing industry, significantly reducing the cost, risk, and implementation time of AI in factories. With Intelecy, individuals closest to the production lines can uncover valuable insights from production data and implement real-time process adjustments. Intelecy is already trusted by users across diverse industries, including energy, food & beverage, chemicals, minerals, metallurgy, and utilities. By leveraging Intelecy, engineers optimize energy usage, enhance resource utilization, mitigate emissions, and prevent unplanned downtime by leveraging their in-house process knowledge and existing production data.

Revenue
$3.7M
Year founded
2017
Funding
$3.5M
Team size
34
7Vutiliti logo
Vutiliti

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.

Revenue
$3.5M
Year founded
2015
Team size
39
8Freestyle Technology logo
Freestyle Technology

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.

Revenue
$3.5M
Year founded
2006
Team size
28
9Inovaantage logo
Inovaantage

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.

Revenue
$3.3M
Year founded
2019
Funding
$2.5M
Team size
44
10Camus Energy logo
Camus Energy

San Francisco, California, United States

Open source grid management software as a service for distributed energy and the renewable transition

Revenue
$3.2M
Customers
500K
Year founded
2019
Funding
$19M
Team size
44

Frequently asked questions about Utilities Software Companies With $1M–$5M Revenue

How many utilities software companies with $1M–$5M in annual revenue are there?

Latka tracks 47 utilities software companies with $1M–$5M in annual revenue. Together they generate $117.8M in annual revenue and employ 1.3K people.

Which utilities software company with $1M–$5M in annual revenue is the largest?

Avertra is the largest, with $4.9M in annual revenue, founded in 2007.

How much revenue does a typical utilities software company with $1M–$5M in annual revenue make?

The average utilities software company in this list makes $2.5M a year, across 47 companies with reported revenue. They serve 500K customers combined.

Who are the leading Utilities software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Avertra, Emulate Energy, Plexigrid, Gomocha and Powerhive.

How much funding have utilities software companies with $1M–$5M in annual revenue raised?

The 47 utilities software companies with $1M–$5M in annual revenue tracked here have raised $91.7M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- The software must offer functionalities for managing customer information and billing processes. - It should include asset management capabilities to optimize the use of infrastructure resources. - Products should support analytics and reporting features for operational insight and decision-making. - Solutions must cater specifically to utility companies, such as electrical, water, or gas providers. - Not just for project management; must also facilitate regulatory compliance and reporting requirements.