Smarter Grid Solutions Overview
- Year Founded
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2008
- Status
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Acquired/Merged
- Employees
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132
- Latest Deal Type
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M&A
- Investors
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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
Website
www.smartergridsolutions.com(Operating Subsidiary)
Corporate Office
- Optima Building
- 58 Robertson Street
- Glasgow G2 8DU
- Scotland, United Kingdom
Corporate Office
- Optima Building
- 58 Robertson Street
- Glasgow G2 8DU
- Scotland, United Kingdom
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 |
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% |
Smarter Grid Solutions Comparisons
Industry
Financing
Details
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 |
Smarter Grid Solutions Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
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 |
Smarter Grid Solutions Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
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 |
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 |
Smarter Grid Solutions FAQs
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When was Smarter Grid Solutions founded?
Smarter Grid Solutions was founded in 2008.
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Where is Smarter Grid Solutions headquartered?
Smarter Grid Solutions is headquartered in Glasgow, United Kingdom.
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What is the size of Smarter Grid Solutions?
Smarter Grid Solutions has 132 total employees.
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What industry is Smarter Grid Solutions in?
Smarter Grid Solutions’s primary industry is Business/Productivity Software.
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Is Smarter Grid Solutions a private or public company?
Smarter Grid Solutions is a Private company.
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What is Smarter Grid Solutions’s current revenue?
The current revenue for Smarter Grid Solutions is .
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How much funding has Smarter Grid Solutions raised over time?
Smarter Grid Solutions has raised $12.7M.
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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.
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When was Smarter Grid Solutions acquired?
Smarter Grid Solutions was acquired on 19-Aug-2021.
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Who acquired Smarter Grid Solutions?
Smarter Grid Solutions was acquired by Mitsubishi Electric Power Products.
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