Metergrid
Metergrid is a technology company.
Financial History
Metergrid has raised $15.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Metergrid raised?
Metergrid has raised $15.0M in total across 2 funding rounds.
Metergrid is a technology company.
Metergrid has raised $15.0M across 2 funding rounds.
Metergrid has raised $15.0M in total across 2 funding rounds.
Metergrid GmbH is a Stuttgart-based technology startup founded in 2020-2021 that develops SaaS products for decentralized energy systems, focusing on automated cloud solutions for tenant electricity projects.[1][2][4] Its core product enables the profitable realization, management, and billing of photovoltaic (PV) systems in multi-family buildings, distributing solar energy directly to tenants to cut grid reliance, lower costs, and boost property value.[1][4][6] Serving landlords, property managers, and installers, Metergrid solves regulatory, metering, and billing complexities in renewable energy adoption, with estimated revenue of $2.8M, 28-41 employees (300% growth last year), and over €7M in funding from investors like Tiny VC, 468 Capital, and Hager Group.[1][2][4]
The company targets sustainable energy transitions by handling project planning, PV installation via partners, remote metering, tenant apps, dashboards, and compliance reporting through tiered subscriptions (Basic, Plus, Enterprise).[4][6] This positions Metergrid as a driver for scalable tenant power and EV charging solutions in Germany's renewable sector.[1][5]
Metergrid emerged in Stuttgart, Germany, around 2020-2021 amid Europe's push for energy transition, founded by a team including Managing Director & Co-Founder Johannes Mewes, Julian Schulz (expert in business model innovation and passionate about renewables), alongside Torben Seib (CMO) and Mathias Lingnau (COO).[1][2][4] The idea stemmed from the challenges of decentralized energy: complex tenant electricity projects involving PV systems, billing, and regulations deterred property owners, creating an opportunity for a streamlined SaaS platform.[1][6]
Early traction came from launching its first automated cloud product for tenant power and charging management, securing funding from Tiny VC, 468 Capital, and Hager Group (totaling over €7M), and rapid scaling—employee count surged 300% recently.[1][2][4] Pivotal moments include partnering for PV installations and metering, proving viability in multi-family buildings and positioning as a renewable energy startup.[4][5][6]
Metergrid stands out in the cleantech SaaS space through:
These features address pain points competitors overlook, per industry profiles.[1][4]
Metergrid rides the decentralized energy transition trend, fueled by EU mandates for renewables, rising energy costs, and Germany's EEG reforms promoting tenant electricity from PV systems.[1][4][6] Timing is ideal: post-2020 solar subsidies and net-zero goals amplify demand for grid-independent solutions in urban multi-family housing, where 50%+ of consumption could shift onsite.[4]
Market forces like volatile grid prices, EV charging needs, and regulatory pushes for shared energy favor Metergrid, reducing public grid strain and enabling scalable sustainability.[1][5][6] It influences the ecosystem by partnering with installers, lowering barriers for landlords (key to 40%+ of EU housing), and accelerating SaaS adoption in smart grids—potentially expanding to broader "shared building supply."[2][5]
Metergrid is poised for hypergrowth, leveraging €7M+ funding to launch new SaaS products for batteries, EV infrastructure, and pan-European expansion amid tightening net-zero deadlines.[1][2][4] Trends like AI-optimized energy distribution, falling PV costs, and policy incentives (e.g., EU Green Deal) will propel it, potentially tripling revenue as tenant power mandates scale.
Its influence may evolve from German niche player to regional leader, empowering thousands of buildings toward energy independence—cementing its role as a sustainable energy force, much like its founding mission to drive profitable decentralization.[1][6]
Metergrid has raised $15.0M in total across 2 funding rounds.
Metergrid's investors include SET Ventures, Hager Group, LBBW VC, Mätch VC, EQT Ventures, General Catalyst, Hanno Renner, Julius Göllner, Michael Wax.
Metergrid has raised $15.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in January 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 29, 2026 | $12.0M Series A | SET Ventures | Hager Group, LBBW VC, Mätch VC |
| Sep 1, 2023 | $3.0M Seed | EQT Ventures, General Catalyst, Hanno Renner, Julius Göllner, Michael Wax |