When was Itron founded?

Itron was founded in 1977 and raised its 1st funding round 41 years after it was founded.

Where is Itron located?

Itron is headquartered in Liberty Lake, United States. It is registered at Building No. 6B, 5th Floor, RMZ Eco World, Devarabisanahalli, Bellandur, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103.

How many employees does Itron have?

As of Sep 30, 2026, the latest employee count at Itron is 5943.

Is Itron a funded company?

Itron is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jan 15, 2018.

When was the latest funding round of Itron?

Itron's latest funding was a $***** Post IPO round on Mar 08, 2021, with participation from 0 investor. Its primary sector is Smart Grid. In United States, the Smart Grid sector has seen $1.79B in funding in 2026 to date.

Where does Itron rank among its competitors?

Itron ranks 4th amongst 525 active competitors, of which 31 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Kimbal, which secured $22M in Apr, 2026.

Who are the top competitors of Itron?

Itron's top competitors include Waaree Energies, Landis+Gyr and Sense. Among them, Kimbal secured the most recent funding round in April, 2026.

Itron - 2026 Company Profile, Funding & Competitors

Itron is a public company based in Liberty Lake (United States), founded in 1977. It operates as a Provider of solutions for managing energy, water, and city services. Itron has raised an undisclosed amount in funding. The company has 525 active competitors, including 31 funded and 48 that have exited. Its top competitors include companies like Waaree Energies, Landis+Gyr and Sense.

Company Details

Provider of solutions for managing energy, water, and city services. The company offers communication networks, data management, and metering solutions. These solutions include distribution automation, grid edge management, and revenue assurance. The company also provides services for smart cities, gas management, and water management.

Website: na.itron.com/
Social
Email ID: *****@itron.com
Phone Number: +1 **********
Registered Address: Building No. 6B, 5th Floor, RMZ Eco World, Devarabisanahalli, Bellandur, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103

Key Metrics

Founded Year

1977

Location

Liberty Lake, United States

Stage

Public

Latest Funding Round

Post IPO, Mar 08, 2021, $*****

Investors

H.I.G. Private Equity & 2 more

Ranked

4^th among 525 active competitors

Employee Count

5,943 as on Sep 30, 2026

Investment & Acquisitions

LocusView & 11 more

Similar Companies

Waaree Energies & 602 more

Exit Details

Public

View Itron's full profile

Itron is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ITRON INC /WA/ CIN: 780571 , United States, Active	May 26, 2004	$1B+ (As on Dec 31, 2018)	-	-
ITRON METERING SOLUTIONS INDIA PRIVATE LIMITED CIN: U74899DL1993PTC051849 , India, Amalgamated	Jan 22, 1993	0 - ₹10 Cr (As on Mar 31, 2022)	-
Itron India Private Limited CIN: U74899KA1990PTC190581 , India, Active	Oct 05, 1990	₹100 - ₹500 Cr (As on Mar 31, 2025)	684 (As on Jan 31, 2025)
Silver Spring Networks Inc CIN: 1180079 , United States, Active		$100M - $500M (As on Dec 31, 2016)	592 (As on Dec 31, 2018)	-
Itron, Inc. CIN: 911011792 , United States, Active	May 26, 2004	-	2694 (As on Dec 31, 2024)	-

Itron got listed on Nov 05, 1993.

Click here to take a look at Itron's IPO in detail

Itron has raised funding over 2 rounds. Its first funding round was on Jan 15, 2018. Itron has 3 institutional investors.

Here is the list of recent funding rounds of Itron:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2021	4314546	Post IPO	4225531	5248411	2703049	4548760
Jan 15, 2018	8184945	Conventional Debt	9859893	2209410	4561025	6861338

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Itron's employee count trend

Itron has 5,943 employees as of Sep 26. Here is Itron's employee count trend over the years:

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Top competitors of Itron include Waaree Energies, Landis+Gyr and Sense. Here is the list of Top 10 competitors of Itron, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Waaree Energies 1990, Mumbai (India), Public	Manufacturer of solar PV modules	$261M	Dharamshi Securities, Novel Engineering and Technology Consultants ... & 142 others	74/100
2nd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	73/100
3rd	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	Energy Impact Partners, IDO Investments & 21 others	68/100
4th	Itron 1977, Liberty Lake (United States), Public	Provider of solutions for managing energy, water, and city services	-	H.I.G. Private Equity, East Peak Capital & 1 others	68/100
5th	Kimbal 2011, Delhi (India), Series B	Provider of advanced metering infrastructure, smart grid automation, and energy management solutions	$48.3M	Niveshaay, Vastupal Management & 119 others	68/100
6th	Esyasoft 2014, Dubai (United Arab Emirates), Seed	Provider of integrated technology solutions for smart utility infrastructure and energy management	$502K	Trescon, SINE & 7 others	68/100
7th	Genus Power Infrastructures 1992, Jaipur (India), Public	Manufacturer of smart meters, hybrid microcircuits, and power distribution management	-	-	65/100
8th	Genus Power Infrastructure 1992, Jaipur (India), Public	Advanced metering infrastructure, smart meters and, solar panel manufacturer	-	-	65/100
9th	Energy Assets 2005, Livingston (United Kingdom), Acquired	Provider of AI and web-based smart metering systems	-	http://mundavalor.com, Intesa Sanpaolo & 7 others	58/100
10th	Xenius 1998, Noida (India), Unfunded	Provider of IoT and M2M solutions for energy management, smart grid and smart city projects	-	-	57/100

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Itron has made 1 investments in companies including Trove. Itron has also acquired 11 companies including LocusView and Urbint.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 17, 2025	Acquisition	LocusView	2014	Chicago (United States)
Oct 06, 2025	Acquisition	Urbint	2015	New York City (United States)
Mar 05, 2024	Acquisition	Elpis Squared	2016	Lake Oswego (United States)