GridPoint Overview
- Year Founded
-
2003

- Status
-
Acquired/Merged
- Employees
-
214

- Latest Deal Type
-
Series C1
- Latest Deal Amount
-
$45M
- Investors
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8
GridPoint General Information
Description
Developer of a data-driven platform designed to provide smart building and grid software services. The company's platform provides data-driven energy management technology that leverages the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, enabling businesses to optimize energy and sustainability goals.
Contact Information
Website
www.gridpoint.com(Operating Subsidiary)
Corporate Office
- 11921 Freedom Drive
- Suite 1120
- Reston, VA 20190
- United States
Corporate Office
- 11921 Freedom Drive
- Suite 1120
- Reston, VA 20190
- United States
GridPoint Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. Later Stage VC (Series C1) | 26-Mar-2025 | $45M | Completed | Generating Revenue | ||
11. Later Stage VC (Series C) | 01-Mar-2022 | Completed | Generating Revenue | |||
10. Debt - PPP | 27-Apr-2020 | Completed | Generating Revenue | |||
9. Merger/Acquisition | 28-Oct-2015 | Completed | Generating Revenue | |||
8. Later Stage VC (Series B) | Completed | Generating Revenue | ||||
7. Later Stage VC (Series A) | 02-Jul-2014 | Completed | Generating Revenue | |||
6. Later Stage VC (Series BB) | 30-Jul-2012 | Completed | Generating Revenue | |||
5. Later Stage VC (Series AA) | 14-Jan-2011 | Completed | Generating Revenue | |||
4. Later Stage VC (Series D) | 27-Mar-2008 | $48.5M | $80.3M | Completed | Generating Revenue | |
3. Later Stage VC (Series C) | 26-Sep-2006 | $21M | $31.8M | Completed | Generating Revenue |
GridPoint Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C1 | ||||||||
Series C | ||||||||
Series B | 3,000,000 | $0.001000 | $10 | $10 | 1x | $10 | 10.6% | |
Series A | 4,975,552 | $0.001000 | $8.75 | $8.75 | 1x | $8.75 | 20.49% |
GridPoint Comparisons
Industry
Financing
Details
GridPoint Competitors (14)
One of GridPoint’s 14 competitors is Parity (Business/Productivity Software), a Venture Capital-Backed company based in Toronto, Canada.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Parity (Business/Productivity Software) | Venture Capital-Backed | Toronto, Canada | ||||
Entouch | Venture Capital-Backed | Richardson, TX | ||||
Encycle | Formerly VC-backed | San Marcos, CA | ||||
EnerAllies | Venture Capital-Backed | Los Altos, CA | ||||
EnergyCAP | Private Equity-Backed | Boalsburg, PA |
GridPoint Patents
GridPoint Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230258355-A1 | Methods and systems for automated hvac testing | Pending | 24-May-2016 | ||
US-20170343228-A1 | Methods and systems for automated testing | Active | 24-May-2016 | ||
US-20210131686-A1 | Methods and systems for automated hvac testing | Active | 24-May-2016 | ||
US-11662114-B2 | Methods and systems for automated hvac testing | Active | 24-May-2016 | ||
US-10724752-B2 | Methods and systems for automated hvac testing | Active | 24-May-2016 | F24F11/49 |
GridPoint Signals
GridPoint Former Investors (16)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Advantage Capital | PE/Buyout | Minority | ||
Altira Group | Venture Capital | Minority | ||
Broad Creek Capital | Family Office | Minority | ||
Carnton Capital Associates | Venture Capital | Minority | ||
Contango Capital Management | Venture Capital | Minority |
GridPoint Acquisitions (4)
GridPoint’s most recent deal was a Merger/Acquisition with Standard Renewable Energy. The deal was made on 26-Feb-2010.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Standard Renewable Energy | 26-Feb-2010 | Merger/Acquisition | Energy Storage | ||
ADMMicro | 09-Nov-2009 | Merger/Acquisition | Other Energy Services | ||
Lixar (Energy Business) | 29-Jun-2009 | Merger/Acquisition | Business/Productivity Software | ||
V2Green | 23-Sep-2008 | Merger/Acquisition | Electrical Equipment |
GridPoint FAQs
-
When was GridPoint founded?
GridPoint was founded in 2003.
-
Where is GridPoint headquartered?
GridPoint is headquartered in Reston, VA.
-
What is the size of GridPoint?
GridPoint has 214 total employees.
-
What industry is GridPoint in?
GridPoint’s primary industry is Business/Productivity Software.
-
Is GridPoint a private or public company?
GridPoint is a Private company.
-
What is the current valuation of GridPoint?
The current valuation of GridPoint is
. -
What is GridPoint’s current revenue?
The current revenue for GridPoint is
. -
How much funding has GridPoint raised over time?
GridPoint has raised $120M.
-
Who are GridPoint’s investors?
Advantage Capital, Altira Group, Broad Creek Capital, Carnton Capital Associates, and Contango Capital Management are 5 of 16 investors who have invested in GridPoint.
-
Who are GridPoint’s competitors?
Parity (Business/Productivity Software), Entouch, Encycle, EnerAllies, and EnergyCAP are some of the 14 competitors of GridPoint.
-
When was GridPoint acquired?
GridPoint was acquired on 26-Mar-2025.
-
Who acquired GridPoint?
GridPoint was acquired by Twenty First Century Utilities.
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