Generac Grid Services Overview
- Year Founded
-
2003
- Status
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Acquired/Merged
- Employees
-
61
- Latest Deal Type
-
Grant
- Latest Deal Amount
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$50M
- Investors
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1
Generac Grid Services General Information
Description
Developer of energy grid software designed to optimize grid performance and enable a sustainable energy ecosystem. The company's platform offers energy distribution optimization, frequency regulation, and load management, enabling utilities and grid operators to orchestrate distributed energy resources and balance supply and demand in real time.
Contact Information
Website
www.generacgs.comCorporate Office
- 1515 Wynkoop Street
- Suite 710
- Denver, CO 80202
- United States
Corporate Office
- 1515 Wynkoop Street
- Suite 710
- Denver, CO 80202
- United States
Generac Grid Services Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Grant | 27-Oct-2023 | $50M | Completed | Generating Revenue | ||
| 8. Merger/Acquisition | 07-Oct-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 01-Jan-2020 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Later Stage VC (Series B1) | 12-Jul-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 01-Aug-2017 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 30-Mar-2015 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 10-Jan-2013 | $21.7M | $29.7M | Completed | Generating Revenue | |
| 1. Later Stage VC | 01-Sep-2010 | $8M | $8M | Completed | Generating Revenue |
Generac Grid Services Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1 | ||||||||
| Series B | ||||||||
| Series A | 29,335,646 | $0.000100 | 8% | $0.5 | $0.5 | 1x | $0.5 | 26.03% |
Generac Grid Services Comparisons
Industry
Financing
Details
Generac Grid Services Competitors (49)
One of Generac Grid Services’s 49 competitors is Argand Solutions, a Corporation company based in Totnes, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Argand Solutions | Corporation | Totnes, United Kingdom | ||||
| Smarter Grid Solutions | Formerly VC-backed | Glasgow, United Kingdom | ||||
| GridPoint | Private Equity-Backed | Reston, VA | ||||
| Power TakeOff | Private Equity-Backed | Boulder, CO | ||||
| EnerAllies | Venture Capital-Backed | Aptos, CA |
Generac Grid Services Patents
Generac Grid Services Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2020188446-A1 | Moving and storing energy between utility's energy delivery networks | Inactive | 15-Mar-2019 | ||
| WO-2020077310-A1 | Method and system for characterizing and controlling a distribution network | Inactive | 12-Oct-2018 | ||
| WO-2018223228-A1 | Method and system for locally controlling power delivery along a distribution feeder of an electricity grid | Inactive | 08-Jun-2017 | ||
| EP-3292611-A1 | Method and system for locally controlling power delivery along a distribution feeder line of an electricity grid | Active | 05-May-2015 | ||
| EP-3292611-A4 | Method and system for locally controlling power delivery along a distribution feeder line of an electricity grid | Active | 05-May-2015 | H02J3/16 |
Generac Grid Services Signals
Generac Grid Services Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABB Ventures | Corporate Venture Capital | Minority | ||
| Chrysalix Venture Capital | Venture Capital | Minority | ||
| EDC Investments | Growth/Expansion | Minority | ||
| EnerTech Capital | Venture Capital | Minority | ||
| General Electric Ventures | Corporate Venture Capital | Minority |
Generac Grid Services FAQs
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When was Generac Grid Services founded?
Generac Grid Services was founded in 2003.
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Where is Generac Grid Services headquartered?
Generac Grid Services is headquartered in Denver, CO.
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What is the size of Generac Grid Services?
Generac Grid Services has 61 total employees.
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What industry is Generac Grid Services in?
Generac Grid Services’s primary industry is Business/Productivity Software.
-
Is Generac Grid Services a private or public company?
Generac Grid Services is a Private company.
-
What is Generac Grid Services’s current revenue?
The current revenue for Generac Grid Services is .
-
How much funding has Generac Grid Services raised over time?
Generac Grid Services has raised $70M.
-
Who are Generac Grid Services’s investors?
ABB Ventures, Chrysalix Venture Capital, EDC Investments, EnerTech Capital, and General Electric Ventures are 5 of 13 investors who have invested in Generac Grid Services.
-
Who are Generac Grid Services’s competitors?
Argand Solutions, Smarter Grid Solutions, GridPoint, Power TakeOff, and EnerAllies are some of the 49 competitors of Generac Grid Services.
-
When was Generac Grid Services acquired?
Generac Grid Services was acquired on 27-Oct-2023.
-
Who acquired Generac Grid Services?
Generac Grid Services was acquired by Generac Holdings.
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