Grid Edge

Birmingham, United Kingdom Founded: 2017 • Age: 9 yrs
Provider of SaaS and AI-driven energy management solutions for commercial applications
Annual revenue - Latest available
Total funding $10.0M 6 rounds
Employees 33 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Grid Edge

Grid Edge is a company based in Birmingham (United Kingdom) founded in 2017 by Jim Scott and Dan Wright. Grid Edge has raised $10.03 million across 6 funding rounds from investors including bp, Aston University and Mercia. The company has 33 employees as of April 30, 2023. Grid Edge offers products and services including Energy Tracker and Edge2X. Grid Edge operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

  • Headquarter Birmingham, United Kingdom
  • Employees 33 as on 30 Apr, 2023
  • Founders Jim Scott, Dan Wright
  • Sectors
    Business Services
    Technology Energy & Utilities Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Grid Edge Limited
  • Date of Incorporation 18 Apr, 2016
  • Jurisdiction BRIERLEY HILL, WEST MIDLANDS, ENGLAND
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.03 M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.63 M (USD), Series A

    Apr 03, 2025

  • Investors
    bp

    & 6 more

  • Employee Count
    33

    as on Apr 30, 2023

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Products & Services of Grid Edge

Grid Edge offers a comprehensive portfolio of products and services, including Energy Tracker and Edge2X.

Product name locked
Category locked
Primary

Dashboard for tracking and analyzing building energy consumption data.

Product name locked
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AI system for identifying and implementing energy savings in operations.

Funding Insights of Grid Edge

Grid Edge has successfully raised a total of $10.03M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.63 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Grid Edge

Grid Edge has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include bp, Aston University and Mercia.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment funding is provided to support Midlands SMEs growth.
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Goldacre is engaged in digital infrastructure and real estate technology investment.
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Investment management services are provided by Mercia to various clients.
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Investor details for Grid Edge

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Investments & Acquisitions by Grid Edge

Investments
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Investment portfolio details for Grid Edge

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Financial Statements - Grid Edge

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Detailed financials for Grid Edge

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Grid Edge Comparisons

Grid Edge Primary company
Description
Provider of SaaS and AI-driven energy management solutions f...
Location
Birmingham, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
33
As of 2023
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Peer comparison for Grid Edge

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Competitors of Grid Edge

Grid Edge 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 Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Grid Edge

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Latest news on Grid Edge

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Complete news archive for Grid Edge

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Frequently Asked Questions about Grid Edge

Grid Edge was founded in 2017.

Grid Edge is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.

Paul McCorquodale is the current CEO of Grid Edge.

Grid Edge is a funded company, having raised a total of $10.03M across 6 funding rounds to date.

As of Apr 30, 2023, the latest employee count at Grid Edge is 33.

Grid Edge was founded in 2017 and is based in Birmingham, United Kingdom. Operations focus on the energy management sector through SaaS and AI technologies tailored for commercial buildings. Energy loads are monitored and managed, while strategies are planned based on temperature forecasts. Building, energy, occupant, and environmental data are integrated to support these functions.

Grid Edge's top competitors include Particle, Landis+Gyr and Danfoss.

Grid Edge offers Energy Tracker and Edge2X.

Grid Edge has 7 investors. Key investors include bp, Aston University, Mercia, Centrica, and Midlands Engine Investment Fund.

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