Metr provides an IoT platform for managing energy consumption in residential buildings by offering real-time data on utility usage and automated optimization of heating systems. This technology enables property managers to achieve energy savings of up to 20% while ensuring compliance with regulatory requirements for energy efficiency reporting.
Funding
$6.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many residential buildings lack real-time visibility into energy consumption across various utilities, hindering effective energy management and compliance with evolving energy efficiency regulations. Traditional methods of meter reading and manual data collection are often inaccurate, time-consuming, and fail to provide the granular insights needed for proactive optimization. This lack of transparency prevents property managers from identifying inefficiencies, reducing costs, and meeting ESG reporting requirements.
Solution
Metr provides an IoT platform that delivers comprehensive energy data transparency and automated optimization for residential and commercial buildings. The platform integrates with existing building systems and meters to provide real-time data on electricity, heating, water, and gas consumption. By connecting to the building's control technology, Metr enables full transparency into the operational status of heating systems, remote monitoring, and intelligent energy optimization. The system automatically and continuously optimizes heating system performance based on real-time data, without manual intervention, resulting in energy savings up to 20%.
Target Audience
The primary target audience includes property managers, housing associations, energy service providers, and commercial property owners seeking to reduce energy consumption, improve operational efficiency, and comply with energy efficiency regulations.
Features
- Real-time monitoring of energy consumption across all utilities (electricity, heating, water, gas)
- Remote monitoring and control of heating systems via direct connection to control technology
- Automated, continuous optimization of heating system performance based on real-time data
- Submetering solutions to provide tenants with transparent and reliable consumption data
- Alerts for exceeding or falling below defined thresholds, enabling proactive maintenance
- Integration with a variety of meter types and building management systems, independent of manufacturer
- Secure data transmission via encrypted internet connection
- Compliant with EED (Energy Efficiency Directive) requirements