Elpis Squared

Lake Oswego, United States Founded: 2016 • Age: 10 yrs Acquired By Itron
Grid monitoring and load forecasting software is provided.
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About Elpis Squared

Elpis Squared is a company based in Lake Oswego (United States) founded in 2016 was acquired by Itron in March 2024.. The company has 6 employees as of December 31, 2021. Elpis Squared operates in a competitive market with competitors including Trilliant, GridPoint, GeoDigital, Neara and Volue, among others.

  • Headquarter Lake Oswego, United States
  • Employees 6 as on 31 Dec, 2021
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elpis2, Inc.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    6

    as on Dec 31, 2021

  • Acquired by
    Itron

    (Mar 05, 2024)

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Funding Insights of Elpis Squared

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Elpis Squared

Elpis Squared has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Itron. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based end-to-end solutions for smart grids are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elpis Squared

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elpis Squared

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elpis Squared Comparisons

Employees
+
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Competitors of Elpis Squared

Elpis Squared operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trilliant, GridPoint, GeoDigital, Neara and Volue, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of communication systems and software platforms for smart grid applications
domain founded_year HQ Location
Provider of data-driven energy management solutions
domain founded_year HQ Location
Provider of 3D data of remote sensor, and spatial intelligence technologies
domain founded_year HQ Location
Digital twin solutions for power transmission are developed for utilities.
domain founded_year HQ Location
Solutions for portfolio and project management are provided.
domain founded_year HQ Location
AI-driven optical sensor solutions for grid network monitoring are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Elpis Squared

Frequently Asked Questions about Elpis Squared

When was Elpis Squared founded?

Elpis Squared was founded in 2016.

Where is Elpis Squared located?

Elpis Squared is headquartered in Lake Oswego, United States. It is registered at Lake Oswego, Oregon, United States.

How many employees does Elpis Squared have?

As of Dec 31, 2021, the latest employee count at Elpis Squared is 6.

What does Elpis Squared do?

Elpis Squared was founded in 2016 and is based in Lake Oswego, United States. Operations focus on the energy sector, where REGrid Operations software is utilized for monitoring and situational awareness in grid systems. REGrid Planning software is employed for distribution system analysis, integrating spatial load forecasting, load flow calculations, and near-real time grid data. These tools support risk evaluation, resource allocation, and grid optimization for distribution planners.

Who are the top competitors of Elpis Squared?

Elpis Squared's top competitors include GeoDigital, Neara and envelio.

Who are Elpis Squared's investors?

Elpis Squared has 1 investor. Key investors include Itron.

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