Wattsense - About the company
Wattsense is an acquired company based in Champagne au Mont d Or (France), founded in 2017 by Louis Vermorel. It operates as a SaaS-driven IoT-based hardware and software solution building management. Wattsense has raised $4.04M in funding from investors like Kreaxi, Bpifrance and Demeter. The company has 6189 active competitors, including 778 funded and 530 that have exited. Its top competitors include companies like Landis+Gyr, Enel X and Metronome.
Company Details
SaaS-driven IoT-based hardware and software solution building management. Offers a managed device known as Box to connect all equipment in all buildings. Supports connection to the cloud with 4G or ethernet, edge computing, and has in-build field communication protocols. It also offers an app that enables deployment at scale and provides maintenance optimization, energy management, & comfort control solutions.
- Website
- www.wattsense.com/
- Email ID
- *****@wattsense.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2017
Location
Champagne au Mont d Or, France
Stage
Acquired
Total Funding
$4.04M in 2 rounds
Latest Funding Round
Ranked
430th among 6189 active competitors
Employee Count
25 as on Sep 30, 2026
Exit Details
Acquired by Siemens (Oct 06, 2021)
Wattsense's acquisition details
Wattsense got acquired by Siemens on Oct 06, 2021.
Click here to take a look at Wattsense's acquisition in detail
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Wattsense's funding and investors
Wattsense has raised a total funding of $4.04M over 2 rounds. Its first funding round was on May 07, 2018. Its latest funding round was a Series A round on Oct 02, 2019 for $*****. 3 investors participated in its latest round. Wattsense has 3 institutional investors.
Here is the list of recent funding rounds of Wattsense:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 02, 2019 | 6713544 | Series A | 2111047 | 9397373 | 9149411 | 9351871 |
May 07, 2018 | 5569502 | Seed | 8373361 | 7240000 | 2379958 | 9370278 |
View details of Wattsense's funding rounds and investors
Wattsense's founders and board of directors
Founder? Claim ProfileThe founders of Wattsense is Louis Vermorel. Louis Vermorel is the CEO of Wattsense.
Here are the details of Wattsense's key team members:
- Louis Vermorel: Founder & CEO of Wattsense.
View details of Wattsense's Founder profiles and Board Members
Wattsense's employee count trend
Wattsense has 25 employees as of Sep 26. Here is Wattsense's employee count trend over the years:
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Wattsense's Competitors and alternates
Top competitors of Wattsense include Landis+Gyr, Enel X and Metronome. Here is the list of Top 10 competitors of Wattsense, ranked by Tracxn score:
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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 | 77/100 | |
2nd | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
3rd | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
4th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 73/100 | |
5th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
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 | 70/100 | |
7th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
8th | Cloud-based enterprise asset management solutions | $52.3M | 69/100 | ||
9th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
10th | Happy 2011, Carlsbad (United States), Series B | Provider of centralized maintenance, asset, and property management software solutions | $77.9M | 69/100 | |
430th | SaaS-driven IoT-based hardware and software solution building management | $4.04M | 41/100 |
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Wattsense's Investments and acquisitions
Wattsense has made no investments or acquisitions yet.
Reports related to Wattsense
Here is the latest report on Wattsense's sector:
News related to Wattsense
•
•
Alliot to distribute Wattsense IoT smart building platformTelecompaper•Jun 17, 2021•Alliot Technologies, Wattsense
•
Partnership launches IoT Box for smaller buildingsCooling Post•Feb 17, 2021•Wattsense, Schneider Electric
•
MClimate and Wattsense join forces to integrate innovative IoT end-to-MClimate•Jan 13, 2021•MClimate, Wattsense
•
Wattsense raises €2.9m in funding to deploy the new standard in building connectivityWattsense•Oct 02, 2019•Wattsense
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