Total raised
$36.0M
Last: Undisclosed 2017-10
Stage
Series A
Founded
2003
Headcount
188
HQ
Petah Tikva
Sector
Energy Tech
About
mPrest develops real-time control and orchestration software for monitoring and managing complex energy and utility systems. Its platform integrates operational and information data to support grid operations, asset monitoring, and real-time decision-making across distributed energy environments.
The software is also used in other mission-critical infrastructure contexts, including defense and industrial systems, but its primary deployment is in energy and utility management.
Funding history · 2 rounds · $36.0M total
2017-10
Undisclosed
$10.0M
2015-12
Series A
$26.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is mPrest's primary focus in software development?
- mPrest primarily develops real-time control and orchestration software for monitoring and managing complex energy and utility systems, integrating operational and information data for grid operations, asset monitoring, and real-time decision-making.
- When was mPrest founded and where is its headquarters located?
- mPrest was founded in November 2003 and is headquartered in Petah Tikva, Israel.
- How much funding has mPrest raised in total, and what was its most recent funding round?
- mPrest has raised a total of $36 million. Its most recent funding round was an Undisclosed Round in October 2017, which raised $10 million from Vector Ltd.
- Which investors participated in mPrest's Series A funding round?
- In December 2015, mPrest raised $26 million in its Series A round with participation from Angeleno Group, OurCrowd, and GE Ventures.
- What significant partnership did mPrest announce in January 2019?
- In January 2019, mPrest partnered with Southern Company for grid modernization and distributed smart energy applications.
- What was a key development for mPrest in October 2021 regarding its products?
- In October 2021, mPrest's mDERMS and mTHM products became available in the Microsoft Azure Marketplace.
- What acquisition attempt involving mPrest was reported in January 2026?
- In January 2026, a US firm, Ondas, led by former Rafael executives, made a $100 million bid to acquire mPrest, but the Defense Ministry was delaying approval due to classified projects.
- What was a notable international expansion for mPrest in August 2018?
- In August 2018, mPrest entered the European utility market and showcased its smart energy technology at CIGRE Paris 2018.
- How many employees does mPrest currently have?
- mPrest currently has 188 employees.
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionEco-Efficient Transmission and DistributionEnergy TechEnergy Management & Grid Integration
Technologies
Platforms & InterfacesSoftware
Target customers
Government & CityMunicipalitiesDefense, Safety & SecurityNational SecurityMilitaryIndustrial ManufacturingEnergy, Utilities & Waste ManagementUtilitiesElectricityWater UtilitiesRenewable Energy SystemsSolarFossil FuelsOilCoal
Business model
B2GB2B
Tags
securitytrackingelectric-utilitiesdual-usetransmission-and-distributionmilitarysmart-gridenergywind-powerindustry-4-0monitoringdefensedetectionhomeland-securitycritical-infastructureenergy-control-and-managementmunicipalitieswater-utilitiesenergy-storageasset-managementfleet-managementiotwaterenergytechclimate-techsmart-citydata-optimizationsolar-energyoil-and-gas-companieselectric-vehicles