GridX Overview
- Year Founded
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2010

- Status
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Private
- Employees
-
97

- Latest Deal Type
-
2ndary - Private
- Investors
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5
GridX General Information
Description
Developer of a true rates platform designed to facilitate the transition to Time-of-Use (TOU) rates, fostering clean energy and decarbonization goals. The company's platform offers that calculates millions of bills in real-time, engages and educates millions of customers on the cost impact of their decisions, and personalizes insights to tailor communications based on individual needs, enabling clients to analyze their energy usage.
Contact Information
Website
www.gridx.comCorporate Office
- 712 Bancroft Road
- Suite 844
- Walnut Creek, CA 94598
- United States
Corporate Office
- 712 Bancroft Road
- Suite 844
- Walnut Creek, CA 94598
- United States
GridX Timeline
GridX Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Secondary Transaction - Private | 31-Jan-2025 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C) | 27-May-2022 | Completed | Generating Revenue | |||
3. Later Stage VC (Series B) | 09-Oct-2020 | Completed | Generating Revenue | |||
2. Later Stage VC (Series A) | 25-Mar-2020 | $4M | $6.6M | Completed | Generating Revenue | |
1. Later Stage VC (Series A) | 17-May-2016 | $2.6M | $2.6M | Completed | Generating Revenue |
GridX Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | ||||||||
Series B-1 | ||||||||
Series B | ||||||||
Series A-1 | 32,264,908 | $0.000010 | $0.13 | $0.13 | 1x | $0.13 | 10.12% | |
Series A | 17,375,719 | $0.000010 | $0.15 | $0.15 | 1x | $0.15 | 5.45% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
GridX Comparisons
Industry
Financing
Details
GridX Competitors (3)
One of GridX’s 3 competitors is Innowatts, a Venture Capital-Backed company based in Houston, TX.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Innowatts | Venture Capital-Backed | Houston, TX | ||||
Hark (Leeds) | Formerly Accelerator/Incubator backed | Leeds, United Kingdom | ||||
UI Solutions Group | Corporation | Chicago, IL |
GridX Patents
GridX Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2019417051-A1 | Systems and methods to meter wholesale energy transactions using retail meter data | Inactive | 26-Dec-2018 | ||
US-20200210980-A1 | Systems and methods to meter wholesale energy transactions using retail meter data | Inactive | 26-Dec-2018 | ||
JP-2022515008-A | Systems and methods for measuring wholesale electricity transactions using retail meter data | Pending | 26-Dec-2018 | ||
EP-3903253-A1 | Systems and methods to meter wholesale energy transactions using retail meter data | Inactive | 26-Dec-2018 | ||
CA-3115543-A1 | Systems and methods to meter wholesale energy transactions using retail meter data | Pending | 26-Dec-2018 | G06Q50/06 |
GridX Signals
GridX Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Moore Strategic Ventures | Venture Capital | Minority | ||
NGP Energy Capital Management | PE/Buyout | Minority | ||
NGP Energy Technology Partners | PE/Buyout | Minority | ||
Pembani Remgro Infrastructure Managers | Infrastructure | Minority | ||
Energy Impact Partners | Venture Capital | Minority |
GridX FAQs
-
When was GridX founded?
GridX was founded in 2010.
-
Where is GridX headquartered?
GridX is headquartered in Walnut Creek, CA.
-
What is the size of GridX?
GridX has 97 total employees.
-
What industry is GridX in?
GridX’s primary industry is Business/Productivity Software.
-
Is GridX a private or public company?
GridX is a Private company.
-
What is GridX’s current revenue?
The current revenue for GridX is
. -
How much funding has GridX raised over time?
GridX has raised $63.3M.
-
Who are GridX’s investors?
Moore Strategic Ventures, NGP Energy Capital Management, NGP Energy Technology Partners, Pembani Remgro Infrastructure Managers, and Energy Impact Partners have invested in GridX.
-
Who are GridX’s competitors?
Innowatts, Hark (Leeds), and UI Solutions Group are competitors of GridX.
Data Transparency
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