Washington DC based SparkMeter is raising $10,000,000.00 in New Equity Investment.
Washington, DC – According to filings with the U.S. Securities and Exchange Commission, SparkMeter is raising $10,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Daniel Schnitzer played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About SparkMeter
SparkMeter offers comprehensive low-cost metering solutions for everything from rural micro-grids to existing urban central grid utilities. Our products help make access to electricity possible in hard-to-reach places and underserved markets. Our metering system is being widely adopted by utilities serving customers in rural parts of Asia, Sub-Saharan Africa, and Latin America and the Caribbean. We believe electricity and the services derived from it unlock and create the opportunity for underserved communities to achieve great things. As a main driver of economic growth and human development, weve seen time and time again how access to clean, reliable, electricity transforms peoples lives.
To learn more about SparkMeter, visit http://www.sparkmeter.io/
Contact:
Daniel Schnitzer, President and Chief Executive Officer
347-415-7288
dan@sparkmeter.io
https://www.linkedin.com/in/daniel-schnitzer-600934bb/
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