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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.
Social
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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
Investors
Ranked
Employee Count
25 as on Sep 30, 2026
Similar Companies
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
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Wattsense's founders and board of directors

Founder? Claim Profile
The founders of Wattsense is Louis Vermorel. Louis Vermorel is the CEO of Wattsense.
Here are the details of Wattsense's key team members:

Wattsense's employee count trend

Wattsense has 25 employees as of Sep 26. Here is Wattsense's employee count trend over the years:
Employee count trend for Wattsense
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
2nd
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
75/100
3rd
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
4th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
5th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
6th
Logo for Bidgely
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
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
69/100
8th
Logo for Fracttal
Fracttal
2014, Santiago (Chile), Series C
Cloud-based enterprise asset management solutions
$52.3M
69/100
9th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
10th
Logo for Happy
Happy
2011, Carlsbad (United States), Series B
Provider of centralized maintenance, asset, and property management software solutions
$77.9M
69/100
430th
Logo for Wattsense
Wattsense
2017, Champagne au Mont d Or (France), Acquired
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

•
Siemens buys French start-up WattsenseCooling Post•Oct 06, 2021•Siemens, Wattsense
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