Sigora provides a vertically-integrated energy payments and control platform designed for microgrid management in frontier markets, utilizing smart meter technology and real-time grid analytics to enhance operational efficiency. The platform addresses the challenge of energy access for 1.3 billion people without electricity by enabling reliable, pay-as-you-go billing and reducing revenue loss from non-payment and fraud.
Funding
$7.7M 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 frontier markets lack reliable electricity infrastructure, leaving communities and businesses without access to consistent power. Conventional utility management systems are often ill-suited for these challenging environments, leading to revenue loss, operational inefficiencies, and difficulty in attracting investment for grid development.
Solution
Sigora International offers a vertically-integrated energy payments and control platform designed to enable reliable and bankable microgrids in frontier markets. The platform combines smart meter technology with real-time grid analytics to streamline revenue collection, reduce billing errors and fraud, and improve operational efficiency. Sigora's solution allows utilities to implement pre-paid, pay-as-you-go billing, providing near 100% bill collection. The system also offers remote control capabilities, enabling utilities to connect or disconnect meters and manage demand in real time. By making microgrids an investable proposition, Sigora aims to expand energy access to underserved communities.
Target Audience
Sigora's primary customers are established urban grid utilities and rural micro-grid developers operating in frontier markets.
Features
- Smart meters with integrated pay-as-you-go functionality
- Real-time grid analytics dashboard for distribution and consumption monitoring
- Remote control capabilities for meter connection/disconnection and demand management
- Secure payments and billing platform to streamline revenue collection and reduce fraud
- Option to leverage existing assets and implement a captive portal for internet access
- Ability to define tariffs and set load limits remotely or locally