In a significant development underscoring its commitment to revolutionizing energy data accessibility, MeterZ has successfully closed an undisclosed funding round led by SFC Capital. This strategic investment represents a major milestone for MeterZ, propelling its efforts to remove barriers to collecting and analysing building energy data.

SFC Capital, a prominent venture capital firm renowned for its track record of backing innovative startups across various sectors, has emerged as the lead investor in MeterZ's latest funding round. With a deep understanding of the transformative potential of disruptive technologies, SFC Capital's support signifies a vote of confidence in MeterZ's vision and potential to drive meaningful change in the energy industry.

Ed Stevenson, Investment Executive at SFC Capital said “We're excited to have MeterZ join our portfolio of companies, given the critical role their solutions will play in the green energy transition.”

MeterZ has distinguished itself in the market with its groundbreaking product offering, which addresses the critical need for accessible and actionable energy data without creating more saturation in the front-end software space. By leveraging advanced metering technologies and developing tools for upskilling installers, MeterZ empowers businesses and individuals to overcome traditional barriers associated with implementing metering solutions to enable energy data collection and analysis.

With the completion of its funding round, MeterZ is poised to accelerate its mission of democratizing energy data on a broader scale. The infusion of capital will fuel product development initiatives, expand market reach, and further strengthen MeterZ's position as a leader in the energy metering space.

We at MeterZ expressed enthusiasm about the partnership with SFC Capital, emphasizing the shared vision of empowering businesses and communities through data-driven insights. The collaboration with SFC Capital, renowned for its strategic guidance and extensive network, positions MeterZ for continued growth and impact in the dynamic energy landscape.