Gridco Systems Overview
- Year Founded
-
2010
- Status
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Out of Business
- Employees
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51
- Latest Deal Type
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Liquidation
Gridco Systems General Information
Description
Developer of power management systems for the distribution grid. The company's provides grid infrastructure products for electric power distribution system operators to actively manage voltage and other parameters of the distribution system in real time.
Contact Information
Website
www.gridcosystems.comCorporate Office
- 10 L Commerce Way
- Woburn, MA 01801
- United States
Corporate Office
- 10 L Commerce Way
- Woburn, MA 01801
- United States
Gridco Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Bankruptcy: Liquidation | 31-Dec-2017 | Completed | Bankruptcy: Liquidation | |||
| 6. Later Stage VC (Series C) | 06-Oct-2016 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B1) | 27-Jun-2014 | Completed | Startup | |||
| 4. Early Stage VC (Series B) | 13-Nov-2013 | Completed | Startup | |||
| 3. Debt - General | 04-Jun-2013 | Completed | Startup | |||
| 2. Early Stage VC (Series A1) | 17-Apr-2012 | $8M | $20.5M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 08-Jul-2011 | $12.5M | $12.5M | Completed | Startup |
Gridco Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | 2,447,982 | $0.000100 | $3.27 | $3.27 | 1x | $3.27 | 9.04% | |
| Series A | 6,000,000 | $0.000100 | $2.13 | $2.13 | 1x | $2.13 | 22.15% |
Gridco Systems Patents
Gridco Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2016201249-A1 | A system for cancelling fundamental neutral current on a multi-phase power distribution grid | Inactive | 10-Jun-2015 | ||
| WO-2016182651-A1 | System and method for regulating the reactive power flow of one or more inverters coupled to an electrical grid | Inactive | 14-May-2015 | ||
| WO-2016179411-A1 | Caution mode controller and method thereof for reactive power devices | Inactive | 05-May-2015 | ||
| AU-2015267553-A1 | A multi-function power regulator for prioritizing functions and allocating resources thereof | Inactive | 28-May-2014 | ||
| EP-3149841-A1 | A multi-function power regulator for prioritizing functions and allocating resources thereof | Inactive | 28-May-2014 | H02J3/1814 |
Gridco Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Gridco Systems FAQs
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When was Gridco Systems founded?
Gridco Systems was founded in 2010.
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Where is Gridco Systems headquartered?
Gridco Systems is headquartered in Woburn, MA.
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What is the size of Gridco Systems?
Gridco Systems has 51 total employees.
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What industry is Gridco Systems in?
Gridco Systems’s primary industry is Electrical Equipment.
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Is Gridco Systems a private or public company?
Gridco Systems is a Private company.
-
What is Gridco Systems’s current revenue?
The current revenue for Gridco Systems is .
-
How much funding has Gridco Systems raised over time?
Gridco Systems has raised $54.5M.
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