Wyse Meter Solutions

Wyse Meter Solutions

Submetering and energy management services

Overview

Wyse Meter Solutions provides advanced submetering for energy, water, thermal, and gas management in Canada, serving building developers, owners, managers, and residents. It installs meters and sensors and feeds usage data into a fully integrated portal that delivers real-time and historical insights to help manage consumption and reduce bills. The company differentiates itself by offering a multi-utility platform with built-in EV charging and heating/cooling services, all connected through a single data portal and supported by a client-focused, collaborative culture. Its goal is to enable smarter, more sustainable cities by improving utility monitoring, optimizing resource use, and lowering carbon footprints for clients.

Significant Headcount Growth

About Wyse Meter Solutions

Simplify's Rating
Why Wyse Meter Solutions is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Energy

Enterprise Software

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Newmarket, Canada

Founded

2006

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Simplify's Take

What believers are saying

  • Zenbase integration in September 2025 turns utility payments into resident credit-building features.
  • EVSTART bought Electrocan Power Services on May 27, 2026, expanding charging installation capacity.
  • Dan Drori became CRO in January 2026, sharpening revenue execution after 2024 sales hiring.

What critics are saying

  • 2024 Ontario court dismissed Wyse's injunction against a former employee, exposing weak enforceability.
  • Wyse's 2019 OEB compliance settlement and complaint-heavy billing model invite regulatory scrutiny.
  • A serious Ontario Energy Board enforcement case would threaten Wyse's submetering license and model.

What makes Wyse Meter Solutions unique

  • Wyse bundles submetering, billing, EV charging, and utility reporting across multi-residential buildings.
  • Its 2025 EVSTART and Rate Switch acquisition deepens in-house EV and rate-advisory capabilities.
  • ONCAP minority investment and 2026 Best Managed recognition validate operating scale.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Sabbatical Leave

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Relocation Assistance

Employee Referral Bonus

Student Loan Assistance

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Pet Insurance

Bereavement Leave

Professional Development Budget

Conference Attendance Budget

Training Programs

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Wellness Program

Mental Health Support

Gym Membership

Commuter Benefits

Meal Benefits

Phone/Internet Stipend

Home Office Stipend

Legal Services

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

30%

1 year growth

30%

2 year growth

30%
BNN Bloomberg
May 14th, 2026
Wyse Meter Solutions named among Canada's Best Managed Companies.

Wyse Meter Solutions named among Canada's Best Managed Companies. Published: May 14, 2026 at 9:56AM EDT CONCORD, Ontario, May 14, 2026 (GLOBE NEWSWIRE) - Wyse Meter Solutions ("Wyse") has been named a 2026 winner of Canada's Best Managed Companies, recognizing the company's industry-leading performance, innovative approach, and sustained growth. "This recognition reflects the strength of our people and the clarity of our direction," Wyse CEO Peter R.J. Mills said. "We've always believed that submetering is just the starting point. Our focus has been on becoming a true utility partner who helps our clients operate more efficiently, reduce emissions, and deliver better outcomes for residents. This award is a meaningful milestone in that journey." This is Wyse's first year honoured as Best Managed. Celebrating over 30 years, the Canada's Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities and innovation, governance, and financial performance. Each year, hundreds of companies undergo a rigorous and independent evaluation process to earn the distinction. The committee noted how Wyse has evolved from a traditional submetering provider into a full-service utility partner for multi-residential buildings across Canada. Today, the company delivers integrated solutions across submetering, billing, energy management, EV charging, and water conservation with an eye toward helping property owners improve performance while advancing sustainability goals. "What makes this especially meaningful is the strength of our leadership team," Mills added. "Across every part of the business - from finance and technology, to operations and sales, to strategy and marketing - we've built a group who is aligned, accountable, and committed to the same goal. This recognition reflects how each of those leaders, and the teams they support, have come together to drive Wyse forward." The 2026 Best Managed cohort shares common themes, including fostering a people-centric culture, investing in innovation, and maintaining strong governance and financial resilience. These are all principles that continue to guide Wyse's growth. "Over the past year, companies such as Wyse have continually adapted and successfully responded to challenges, seized new opportunities, and leveraged industry-leading competencies to maximize their investments and drive sustainable growth," said Derrick Dempster, Partner, Deloitte Private and Canada's Best Managed Co-Leader. "These winners have set the standard of excellence for Canada's business ecosystem by demonstrating a strong commitment to strategic transformation, talent and workforce development, and technological and business adaptability." The program is sponsored by Deloitte Private, CIBC, Norton Rose Fulbright, EDC, The Globe and Mail, and TMX Group. About Wyse Meter Solutions Wyse Meter Solutions is a Canadian leader in utility submetering and energy management solutions for multi-residential buildings. Since its founding in 2006, Wyse has grown to support over 350,000 suites across North America, delivering innovative services that help building owners improve efficiency, reduce costs, and lower environmental impact. About Canada's Best Managed Companies Program Canada's Best Managed Companies program remains the mark of excellence for private Canadian-owned companies. Each year, companies are evaluated through a rigorous and independent process that assesses management practices across multiple dimensions. The program is sponsored by Deloitte Private, CIBC, Norton Rose Fulbright, EDC, The Globe and Mail, and TMX Group. Wyse Meter Solutions [email protected] Wyse Meter Solutions NEWS RELEASE TRANSMITTED BY Globe Newswire Globenewswire

GlobeNewswire
Sep 17th, 2025
Wyse partners with Zenbase to empower residents with credit-building rent, utilities payment reporting

Wyse partners with Zenbase to empower residents with credit-building rent, utilities payment reporting.

York Link
Feb 11th, 2025
Vaughan headquartered Wyse Meter Solutions acquires full ownership of EVSTART and Rate Switch

Vaughan headquartered Wyse Meter Solutions acquires full ownership of EVSTART and Rate Switch.

GlobeNewswire
Feb 10th, 2025
Wyse Meter Solutions acquires full ownership of EVSTART and Rate Switch

CONCORD, Ontario, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Wyse Meter Solutions is pleased to announce the successful acquisition of full ownership of EVSTART...

Yahoo Finance
Jul 3rd, 2024
Dan Drori Named Wyse'S Executive Vice President Of Sales And Marketing

Wyse Meter SolutionsCONCORD, Ontario, July 03, 2024 (GLOBE NEWSWIRE) -- Highly regarded industry leader Dan Drori has joined Wyse Meter Solutions Inc. (“Wyse”) as Executive Vice President of Sales and Marketing, effective June 25, 2024.Drori will be responsible for the further development and execution of Wyse’s go-to-market strategy, while also helping shape the company’s positioning, expand its lines of business, and maximize growth opportunities.“We are thrilled to welcome Dan as he brings a wealth of experience, expertise, and passion to our team,” said Peter R.J. Mills, CEO, Wyse. “His impressive track record in building and leading high-performing teams, combined with his deep understanding of energy solutions, will be invaluable in our support of city-builders who are strengthening our communities. We are confident Dan’s strategic vision and dynamic leadership will continue to drive our growth and innovation forward.”Prior to Wyse, Drori served as Vice President of Sales for a point-of-sale financing provider that served the new construction and energy management industries.Previously, he held executive sales and marketing roles within the residential and commercial energy, technology, media, and social entrepreneurship sectors, where he delivered creative, forward-looking solutions and elevated client and customer experiences at every touchpoint.“I am excited to be part of this exceptional team,” Drori said. "I am proud of the way I have helped clients access financial products that offer a perfect, custom solution with ease

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