Vutility

Vutility operates as a provider of cloud-based energy monitoring solutions tailored for commercial and industrial applications. Founded in 2015 by Steve Ellis and headquartered in Sandy, Utah, the company emerged from a desire to bring transparency to opaque utility bills.

The company's core business revolves around providing granular, real-time energy consumption data through its proprietary Internet of Things (IoT) hardware and a cloud platform. This allows clients, including commercial buildings, cell towers, and even campgrounds, to track energy usage at a sub-meter level, identify inefficiencies, and ultimately reduce operational costs. Revenue is generated through the sale of its hardware devices and access to its data visualization and analytics platform.

Vutility's product suite includes several patented, non-invasive sensors designed for quick installation without requiring power shutdowns. The flagship 'HotDrop' is a self-powered current transducer that clamps onto electrical conductors to measure amperage and energy consumption, transmitting data wirelessly every minute. The 'VoltDrop' monitors voltage, power factor, and amperage for three-phase systems, while the 'PulseDrop' is a battery-powered device that connects to existing gas, water, or electrical meters to count and transmit pulse outputs. This hardware integrates with 'CloudVU', Vutility's IoT cloud solution, which uses a graph database architecture to process and deliver contextualized, real-time energy data to clients via APIs or a dashboard.

The company has secured significant funding to fuel its growth, raising a total of $26 million over several rounds. Key investors include Cycle Capital, Constellation Technology Ventures, and Chevron Technology Ventures. This capital has supported the global expansion and continued development of its technology. Vutility is led by CEO Stephen Prince, an executive with an extensive background in the energy technology sector at companies like Centrica Business Solutions and Younicos.

Keywords: energy monitoring, submetering, IoT sensors, real-time data, energy consumption, utility management, energy efficiency, facility management, operational intelligence, building automation, circuit monitoring, cloud data, amperage sensor, voltage meter, LoRaWAN, smart buildings, energy analytics, cost reduction, sustainability tracking, commercial real estate tech, industrial energy, campground utilities, cell tower power, data-driven decisions