Lumeter Inc.

Lumeter Inc. is a technology company focused on providing innovative solutions in the energy sector, aiming to enhance access to reliable energy sources for underserved communities. Founded in 2012 and headquartered in Nairobi, Kenya, Lumeter Inc. develops technology solutions to improve energy access.

In June 2017, the company was acquired by Mobisol GmbH, a portfolio company of Investec Asset Management. The acquisition highlights the strategic direction of Lumeter in the energy market. Lumeter Inc. primarily offers technology solutions aimed at improving energy access in underserved regions.

Their products include solar energy solutions and smart metering systems designed to facilitate energy management and monitoring. These offerings cater to a diverse clientele, ranging from individual households to larger community projects, aiming to provide reliable and sustainable energy access. Lumeter Inc. generates revenue through the sale of its energy solutions and related services.

The company operates on a transaction model that includes direct sales and contracts with various organizations aiming to enhance energy access in their respective markets. Revenue is derived from both individual customers and partnerships with development organizations. Looking to the future, Lumeter Inc. plans to expand its product line to include advanced smart grid technologies by 2024.

The company aims to enter new markets across East Africa and parts of West Africa, targeting regions with limited energy access. The acquisition by Mobisol GmbH in June 2017 positions Lumeter to utilize the resources and expertise of its parent company to support these expansion initiatives.