Metron

Metron Farnier is the leading provider of smart water analytics to the Real Estate and Utility markets. The company’s advanced analytics are generated from its cloud-based WaterScope platform. Within the Real Estate market, the company maintains ownership of meters under a submetering-as-a-service model, charging customers via WaterScope subscriptions. Minute-by-minute fixture-level analysis allows property owners to equitably submeter water bills, to identify and fix leaks and to eliminate non-revenue water. The company has established a large connected base of software subscriptions within manufactured housing parks, multi-family residential Real Estate and Commercial Real Estate. On the Utility side, the Company is one of the first providers of cellular-enabled advanced metering infrastructure (AMI) with dashboard alert analytics, disrupting the market by bringing smart metering to smaller utilities. These capabilities were previously only partially available to larger cities with fixed network AMI systems. The company’s software and other innovations within meter electronics have allowed the company to drive exceptional growth and profitability with a premium-positioned offering. The winning combination of the company’s high data resolution meters and one-minute analytics establishes safe hands status with Real Estate and Utility customers. Commercially, Metron is one of the fastest growing companies within the digital water space, having achieved market-leading year-over-year growth. In 2019, Metron partnered with XPV Water Partners, the world’s leading Water investor. XPV has extended the investment horizon based on their conviction in Metron Farnier’s growth potential.