When was Socomec founded?

Socomec was founded in 1922 and raised its 1st funding round 93 years after it was founded.

Where is Socomec located?

Socomec is headquartered in Benfeld, France.

Who is the current CEO of Socomec?

Ivan Steyert, O Niel Dissanayake, Slawomir Tomczewski and Syd Ridik s of Socomec.

How many employees does Socomec have?

As of Sep 30, 2026, the latest employee count at Socomec is 3286.

Is Socomec a funded company?

Socomec is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2015.

When was the latest funding round of Socomec?

Socomec's latest funding was a $***** Grant (prize money) round on Jan 01, 2017, with participation from 1 investor.

What is the annual revenue of Socomec?

Annual revenue of Socomec is between €100M and €500M as on Dec 31, 2023

Where does Socomec rank among its competitors?

Socomec ranks 58th amongst 5252 active competitors, of which 654 are funded. It stands 11th 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 Socomec?

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

Socomec - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of energy monitoring and control solutions. The solutions provided include measuring energy consumption, detecting insulation faults, and limiting reactive energy. Power control solutions include low voltage switchgear devices. Also, provides software solution which provides remote access to energy consumption data. Critical power solutions provided include energy storage systems.

Website: www.socomec.com
Social
Email ID: *****@socomec.com
Phone Number: +33 **********

Key Metrics

Founded Year

1922

Location

Benfeld, France

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jan 01, 2017, $*****

Investors

Europa

Ranked

58^th among 5252 active competitors

Annual Revenue

€100M - €500M as on Dec 31, 2023

Employee Count

3,286 as on Sep 30, 2026

Investment & Acquisitions

Boltswitch & 2 more

Similar Companies

Landis+Gyr & 6193 more

View Socomec's full profile

Socomec is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Socomec CIN: 548500149 , France, Active	Jan 04, 1922	€100M - €500M (As on Dec 31, 2023)	-	-
SOCOMEC UPS PRIVATE LIMITED CIN: U31909DL2003PTC122565 , India, Strike off	Oct 09, 2003	0 - ₹10 Cr (As on Mar 31, 2022)	-
SOCOMEC INDIA PRIVATE LIMITED CIN: U00000HR1999PTC038504 , India, Active	Nov 02, 1999	₹100 - ₹500 Cr (As on Mar 31, 2025)	93 (As on Apr 01, 2026)
SOCOMEC INNOVATIVE POWER SOLUTIONS PRIVATE LIMITED CIN: U31200TN2006PTC060156 , India, Active	Jun 09, 2006	₹100 - ₹500 Cr (As on Mar 31, 2025)	166 (As on Feb 29, 2024)

Socomec has raised funding over 2 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Jan 01, 2017 for $*****. 1 investor participated in its latest round. Socomec has 1 institutional investor.

Here is the list of recent funding rounds of Socomec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2017	3548639	Grant (prize money)	7147438	4435816	8629547	1756917
2015	9569	Grant (prize money)	7552	5556	8859	Europa

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Socomec's employee count trend

Socomec has 3,286 employees as of Sep 26. Here is Socomec's employee count trend over the years:

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Top competitors of Socomec include Landis+Gyr, Metronome and SPAN. Here is the list of Top 10 competitors of Socomec, 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 & 33 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	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Oak Investment Partners, Venrock & 19 others	70/100
6th	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
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Stem 2009, Millbrae (United States), Public	Provider of AI and cloud-driven energy solutions	$229M	BNP Paribas, Mitsui & 23 others	69/100
9th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Founders Fund, Summa Equity & 10 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, Aarem Ventures & 26 others	69/100
58th	Socomec 1922, Benfeld (France), Funding Raised	Provider of energy monitoring and control solutions	-	Europa	59/100

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Socomec has made 1 investment in EPC Power and acquired Boltswitch and Continental Control Systems.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 13, 2019	Acquisition	Boltswitch	1953	Crystal Lake (United States)
Nov 05, 2018	Investments	EPC Power	2010	Poway (United States)
Oct 16, 2017	Acquisition	Continental Control Systems	1995	Longmont (United States)