
Venco
Provides best-in-class software for property managers, owners, and tenants in all types of communities.
Date | Investors | Amount | Round |
---|---|---|---|
* | $670k | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Venco operates in the energy management sector, providing advanced prepaid energy meters and support services for both residential and commercial electric consumption. The company serves energy producers, distributors, and consumers by offering a range of intelligent metering solutions designed to optimize power generation and manage consumption efficiently. Venco's product lineup includes single-phase meters, three-phase meters, central control units, and handheld units. These meters feature remote loading and checking of energy units, automatic tamper detection, real-time notifications on power outages and fluctuations, and the ability to monitor power consumption trends. The meters are STS compliant and NEMSA certified for high accuracy, housed in rugged, weatherproof enclosures with an IP54 rating. Venco's business model revolves around manufacturing and delivering these advanced meters, generating revenue through direct sales and long-term service agreements. The company also offers flexible payment options, such as allowing estate managers to order meters and pay over a 10-month period.
Keywords: prepaid energy meters, remote monitoring, tamper detection, power management, residential, commercial, energy producers, distributors, STS compliant, NEMSA certified.