Kimbal’s core business centers on Advanced Metering Infrastructure (AMI), which the company says remains its largest vertical with over 10 million AMI endpoints deployed. In addition to AMI, Kimbal develops products for power quality, energy management, and battery storage. The company plans to use its latest funding to advance product development across those areas, expand manufacturing operations, and seed international expansion. Kimbal was founded in 2011. Leadership has stated the company will deepen engineering capabilities and scale faster following the Series B. Existing investor Niveshaay increased its stake in the round, and GEF Capital Partners joined as a new sustainability-focused backer.

Total raised

$27M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2026