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 May 31, 2026, the latest employee count at Metry is 19.

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 989th amongst 4246 active competitors, of which 572 are funded. It stands 9th 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, Sense and Metronome. Among them, Sense secured the most recent funding round in January, 2026.

Metry - 2026 Company Profile, Team, Funding & Competitors

Metry is an acqui-hired company based in Gothenburg (Sweden), founded in 2012 by Joel Torkelsson and Magnus Luttkens. It operates as a SaaS-driven platform to collect meter data from utilities. Metry has raised $703K in funding from SEB. The company has 4246 active competitors, including 572 funded and 387 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Metronome.

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

989^th among 4246 active competitors

Employee Count

19 as on May 31, 2026

Similar Companies

Landis+Gyr & 5915 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	4946261	Series A	9614834	1136447	5264772	2003900
Oct 01, 2017	4581480	Grant (prize money)	4891480	4644453	3603338	Europa
Jan 10, 2017	6597290	Grant (prize money)	5063173	9743205	8741467	Europa

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View details of Metry's funding rounds and investors

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

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

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

View details of Metry's Founder profiles and Board Members

Metry's employee count trend

Metry has 19 employees as of May 26. Here is Metry's employee count trend over the years:

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Top competitors of Metry include Landis+Gyr, Sense and Metronome. 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	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	77/100
2nd	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	IDO Investments, Shell Ventures & 21 others	76/100
3rd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, General Catalyst ... & 17 others	72/100
4th	Span.IO 2014, San Francisco (United States), Series C	Provider of smart panel for home energy management	$419M	Wellington, Fifth Wall & 33 others	72/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	70/100
6th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	70/100
7th	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	69/100
8th	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, Tiger Global Management ... & 39 others	69/100
9th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	69/100
10th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, European Development Finance Institutions ... & 26 others	68/100
989th	Metry 2012, Gothenburg (Sweden), Acqui-Hired	SaaS-driven platform to collect meter data from utilities	$703K	SEB, Almi Invest & 3 others	31/100