gridX (GridBox)

gridX (GridBox) Overview

Founded 2016
Status Private
Employees 30
Latest Deal Type Accelerator/​Inc
Investors 8

gridX (GridBox) General Information


Provider of IoT services intended to offer energy management, electricity procurement and monitoring to energy producers and consumers The company's services mainly focus on offering the basis for integrating all decentralized assets, and delivering a comprehensive platform as a service (PaaS) for rapidly developing and operating big data, predictive analytics, AI / machine learning, enabling users to increase their energy efficiency and reduce their electricity costs sustainably.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Energy Services
Other Industries
Business/Productivity Software
Alternative Energy Equipment
Primary Office
  • Oppenhoffallee 143
  • C/o WORQS
  • 52066 Aachen
  • Germany
+49 0241 00000000

gridX (GridBox) Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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gridX (GridBox) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Accelerator/Incubator 01-Oct-2019 Completed Generating Revenue
4. Early Stage VC 01-Sep-2018 Completed Startup
3. Early Stage VC (Series A) 21-Mar-2018 Completed Startup
2. Accelerator/Incubator 09-Jan-2017 Completed Startup
1. Angel (individual) Completed Startup

gridX (GridBox) Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Kiwigrid Venture Capital-Backed Dresden, Germany 000 00000000000
000000 Corporation Munich, Germany 00
000000 Formerly VC-backed Boston, MA 000 0000 000000&0 0000
000000 Corporation Miami, FL 0

gridX (GridBox) Executive Team (5)

Name Title Board Seat Contact Info
David Balensiefen Co-Founder, Chief Executive Officer & Managing Director
Andreas Booke Co-Founder, Chief Technology Officer & Managing Director
Joel Hermanns Co-Founder & Chief Information Officer
Henry Thierhoff Executive

1 Former Executive

gridX (GridBox) Investors (8)

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Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
German Accelerator Accelerator/Incubator 000 0000 000000 0
Innogy Innovation Hub Corporate Venture Capital Minority 000 0000 000000 0
Coparion Venture Capital Minority 000 0000 000000 0
Innogy Ventures Venture Capital Minority 000 0000 000000 0
Vito One Angel Group Minority 000 0000 000000 0

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