Generac Grid Services Overview
- Year Founded
-
2003
- Status
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Acquired/Merged
- Employees
-
61
- Latest Deal Type
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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 intended to serve the energy industry. The company offers energy distribution optimization, EV load management and frequency regulation services.
Contact Information
Website
www.generacgs.com(Operating Subsidiary)
Corporate 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 (47)
One of Generac Grid Services’s 47 competitors is Smarter Grid Solutions, a Formerly VC-backed company based in Glasgow, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Smarter Grid Solutions | Formerly VC-backed | Glasgow, United Kingdom | ||||
Parity (Business/Productivity Software) | Venture Capital-Backed | Toronto, Canada | ||||
Argand Solutions | Corporation | Totnes, United Kingdom | ||||
GridPoint | Venture Capital-Backed | Reston, VA | ||||
EnerAllies | Venture Capital-Backed | Los Altos, CA |
Generac Grid Services Patents
Generac Grid Services Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-3292611-B1 | 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 | ||
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-2898587-A1 | Improving generator efficiency with an ancillary services network | Inactive | 19-Sep-2012 | ||
CA-2885102-A1 | Improving generator efficiency with an ancillary services network | Inactive | 19-Sep-2012 | G06Q10/063 |
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 | Corporate Venture Capital | 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.
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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?
Smarter Grid Solutions, Parity (Business/Productivity Software), Argand Solutions, GridPoint, and EnerAllies are some of the 47 competitors of Generac Grid Services.
-
When was Generac Grid Services acquired?
Generac Grid Services was acquired on 27-Oct-2023.
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Who acquired Generac Grid Services?
Generac Grid Services was acquired by Generac Power Systems.
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