Powercom

Company Overview

Snapshot

Founded in April 2006 by Yackov Dar and Yaniv Oren, Powercom operates with 11–50 employees. The company has raised $100K across one funding round. In May 2014, Israel Electric selected Powercom for a smart grid pilot program.

Business overview

Powercom provides end-to-end smart grid solutions for electricity, water, and gas utilities. The company's core offerings include advanced metering infrastructure (AMI) products, communication infrastructure, and a comprehensive suite of Smart Grid applications. These solutions enable utilities to modernize their distribution grids, enhance revenue, reduce energy loss, manage debt recovery, mitigate outages, and optimize grid operations. Powercom primarily serves the utilities sector, operating within the Energy Tech and Climate Tech sectors.

Strategic signal

In May 2014, Israel Electric chose Powercom for a smart grid pilot, as reported by Smart Energy International. This engagement signals significant validation for Powercom's AMI products and smart grid applications, demonstrating their potential to address critical utility challenges such as revenue enhancement and grid optimization. For investors, this highlights Powercom's capability to secure partnerships with major national utility providers, indicating strong market relevance and potential for broader adoption in the energy sector.

Company Intelligence Q&A

When was Powercom founded?

Powercom was founded in April 2006.

Who are the founders of Powercom?

Powercom was co-founded by Yackov Dar and Yaniv Oren.

What is Powercom's primary business?

Powercom provides end-to-end smart grid solutions, including AMI products, communication infrastructure, and Smart Grid applications for electricity, water, and gas utilities.

What significant pilot program did Powercom participate in?

In May 2014, Powercom was chosen by Israel Electric for a smart grid pilot program.

How much capital has Powercom raised?

Powercom has raised a total of $100K across one funding round.