When was Metry founded?

Metry was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Metry located?

Metry is headquartered in Gothenburg, Sweden. It is registered at Kämpegatan 6, SE-411 04 GÖTEBORG.

Who is the current CEO of Metry?

Magnus Luttkens of Metry. They have also founded 1 company.

How many employees does Metry have?

As of Aug 31, 2026, the latest employee count at Metry is 23.

Is Metry a funded company?

Metry is a funded company, having raised a total of $703K across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 07, 2016.

When was the latest funding round of Metry?

Metry's latest funding was a $***** Series A round on Jun 17, 2022, with participation from 1 investor.

Where does Metry rank among its competitors?

Metry ranks 917th amongst 4269 active competitors, of which 564 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Metry?

Metry's top competitors include Landis+Gyr, Metronome and SPAN. Among them, Sense secured the most recent funding round in January, 2026.

Metry - 2026 Company Profile, Team, Funding & Competitors

Company Details

SaaS-driven platform to collect meter data from utilities. The platform collects the data from utility meters, and private meters and provides an overview of energy consumption through an app or platform.

Website: metry.io
Social
Email ID: *****@metry.io
Phone Number: +46 **********
Registered Address: Kämpegatan 6, SE-411 04 GÖTEBORG

Key Metrics

Founded Year

2012

Location

Gothenburg, Sweden

Stage

Acqui-Hired

Total Funding

$703K in 4 rounds

Latest Funding Round

Series A, Jun 17, 2022, $*****

Investors

SEB & 4 more

Ranked

917^th among 4269 active competitors

Employee Count

23 as on Aug 31, 2026

Similar Companies

Landis+Gyr & 5947 more

View Metry's full profile

Metry is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
METRY AB CIN: 929062914 , Norway, Active	Aug 23, 2012	-	-

Metry has raised a total funding of $703K over 4 rounds. Its first funding round was on Sep 07, 2016. Its latest funding round was a Series A round on Jun 17, 2022 for $*****. 1 investor participated in its latest round. Metry has 5 institutional investors.

Here is the list of recent funding rounds of Metry:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 17, 2022	9369873	Series A	9972368	4048654	5866267	4056431
Oct 01, 2017	7014193	Grant (prize money)	2520760	8566300	5560536	Europa
Jan 10, 2017	5152473	Grant (prize money)	9464668	5249672	8835782	Europa

Access funding benchmarks and valuations. Sign up today!

View details of Metry's funding rounds and investors

The founders of Metry are Magnus Luttkens and Joel Torkelsson. Magnus Luttkens is the CEO of Metry.

Here are the details of Metry's key team members:

Magnus Luttkens: Co-Founder & CEO of Metry.
Contact Info: 1 email address
Joel Torkelsson: Former Co-Founder of Metry.
Contact Info: 1 email address

View details of Metry's Founder profiles and Board Members

Metry's employee count trend

Metry has 23 employees as of Aug 26. Here is Metry's employee count trend over the years:

Uncover Metry's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Metry include Landis+Gyr, Metronome and SPAN. Here is the list of Top 10 competitors of Metry, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	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	77/100
2nd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
3rd	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 34 others	73/100
4th	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	71/100
5th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	70/100
6th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Oak Investment Partners, Venrock & 19 others	69/100
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, Aarem Ventures & 26 others	69/100
9th	Deako 2015, Seattle (United States), Series B	Manufacturer of modular smart lighting systems and related accessories	$65.1M	Kinetic Ventures, Tandem Capital & 10 others	68/100
10th	Arcadia 2014, Washington, DC (United States), Series D	Provider of clean energy data platform and solutions for businesses. It offers end-to-end energy management solutions, streamlining data and processes for enterprises and energy innovators. Services include utility bill management, energy procurement advisory, and sustainability reporting. The platform supports various use cases for energy service providers, such as optimizing solar and storage solutions, EV charging, energy management, and property management. It helps clients lower utility costs, achieve sustainability goals, and improve energy efficiency.	$566M	G2 Venture Partners, Magnetar & 40 others	66/100
917th	Metry 2012, Gothenburg (Sweden), Acqui-Hired	SaaS-driven platform to collect meter data from utilities	$703K	SEB, Almi Invest & 3 others	31/100