Smarter Grid Solutions Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 132

Employees

  • Latest Deal Type
  • M&A

  • Investors
  • 1

Smarter Grid Solutions General Information

Description

Developer of an energy resource management software designed for distribution utilities, system operators, and energy asset, operators. The company's software combines grid and market optimization with real-time control and also provides monitoring and control of Distributed Energy Resources (DER) at the grid edge, thereby helping electricity distribution companies and regulated utilities to deliver net-zero emission electricity.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Optima Building
  • 58 Robertson Street
  • Glasgow G2 8DU
  • Scotland, United Kingdom
+44 0141
Primary Industry
Business/Productivity Software
Other Industries
Other Energy Services
Parent Company
Mitsubishi Electric Power Products
Vertical(s)
Corporate Office
  • Optima Building
  • 58 Robertson Street
  • Glasgow G2 8DU
  • Scotland, United Kingdom
+44 0141

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Smarter Grid Solutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Merger/Acquisition 19-Aug-2021 Completed Generating Revenue
14. Grant 01-Apr-2020 Completed Generating Revenue
13. Grant 30-Oct-2017 Completed Generating Revenue
12. Later Stage VC 25-Aug-2017 Completed Generating Revenue
11. Grant 13-Jul-2017 Completed Generating Revenue
10. Debt - General 26-Aug-2015 Completed Generating Revenue
9. Accelerator/Incubator 10-Jul-2015 Completed Generating Revenue
8. Grant 05-Jul-2015 Completed Generating Revenue
7. Grant 24-Oct-2014 $66.2K $6.19M Completed Generating Revenue
6. Later Stage VC 02-Jul-2014 $1.8M $6.19M Completed Generating Revenue
To view Smarter Grid Solutions’s complete valuation and funding history, request access »

Smarter Grid Solutions Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
D Preferred
B Preferred
B Preferred
A Ordinary 8,664 $0.012993 $29.99 $29.99 1x $29.99 8.33%
A Ordinary 22,254 $0.012993 $24.66 $24.66 1x $24.66 21.39%
To view Smarter Grid Solutions’s complete cap table history, request access »

Smarter Grid Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an energy resource management software designed for distribution utilities, system operators, and energy as
Business/Productivity Software
Glasgow, United Kingdom
132 As of 2024

Fort Collins, CO
 

Denver, CO
 
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Smarter Grid Solutions Competitors (23)

One of Smarter Grid Solutions’s 23 competitors is Spirae, a Venture Capital-Backed company based in Fort Collins, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Spirae Venture Capital-Backed Fort Collins, CO
Generac Grid Services Formerly VC-backed Denver, CO
Argand Solutions Corporation Totnes, United Kingdom
eSmart Systems Venture Capital-Backed Halden, Norway
PowerMarket Venture Capital-Backed Stevenage, United Kingdom
You’re viewing 5 of 23 competitors. Get the full list »

Smarter Grid Solutions Patents

Smarter Grid Solutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3071595-A1 Network management Inactive 31-Jul-2017
EP-3646431-A1 Network management Inactive 31-Jul-2017
GB-201712252-D0 Network management Inactive 31-Jul-2017
US-20200313459-A1 Network management Inactive 31-Jul-2017
CA-2704696-A1 Active network management Active 16-Nov-2007 H02J3/007
To view Smarter Grid Solutions’s complete patent history, request access »

Smarter Grid Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Smarter Grid Solutions Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Future Labs Accelerator/Incubator Minority
Horizon 2020 Government
Innovate UK Government
NYSERDA Government
SSE Ventures Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Smarter Grid Solutions Investments (1)

Smarter Grid Solutions’s most recent deal was a Grant with Opus One Solutions for . The deal was made on 21-Sep-2016.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Opus One Solutions 21-Sep-2016 Grant Business/Productivity Software
To view Smarter Grid Solutions’s complete investments history, request access »

Smarter Grid Solutions FAQs

  • When was Smarter Grid Solutions founded?

    Smarter Grid Solutions was founded in 2008.

  • Where is Smarter Grid Solutions headquartered?

    Smarter Grid Solutions is headquartered in Glasgow, United Kingdom.

  • What is the size of Smarter Grid Solutions?

    Smarter Grid Solutions has 132 total employees.

  • What industry is Smarter Grid Solutions in?

    Smarter Grid Solutions’s primary industry is Business/Productivity Software.

  • Is Smarter Grid Solutions a private or public company?

    Smarter Grid Solutions is a Private company.

  • What is Smarter Grid Solutions’s current revenue?

    The current revenue for Smarter Grid Solutions is .

  • How much funding has Smarter Grid Solutions raised over time?

    Smarter Grid Solutions has raised $12.7M.

  • Who are Smarter Grid Solutions’s investors?

    Future Labs, Horizon 2020, Innovate UK, NYSERDA, and SSE Ventures are 5 of 9 investors who have invested in Smarter Grid Solutions.

  • Who are Smarter Grid Solutions’s competitors?

    Spirae, Generac Grid Services, Argand Solutions, eSmart Systems, and PowerMarket are some of the 23 competitors of Smarter Grid Solutions.

  • When was Smarter Grid Solutions acquired?

    Smarter Grid Solutions was acquired on 19-Aug-2021.

  • Who acquired Smarter Grid Solutions?

    Smarter Grid Solutions was acquired by Mitsubishi Electric Power Products.

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