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 $6.53 million across 4 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
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Sectors
Business ServicesTechnology Energy & Utilities Real Estate & Construction
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.53 M (USD)
in 4 rounds
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Latest Funding Round
$3.63 M (USD), Series A
Apr 03, 2025
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Investors
bp
& 6 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Dashboard for tracking and analyzing building energy consumption data.
AI system for identifying and implementing energy savings in operations.
Funding Insights of Grid Edge
Grid Edge has successfully raised a total of $6.53M across 4 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $3.6M
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First Round
First Round
(23 Aug 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Grid Edge | Valuation | Midlands Engine Investment Fund , Mercia | |
| Dec, 2021 | Amount | Series A - Grid Edge | Valuation | BP Ventures , Goldacre |
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| Oct, 2019 | Amount | Series A - Grid Edge | Valuation | BP Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment funding is provided to support Midlands SMEs growth.
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Founded Year | Domain | Location | |
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Goldacre is engaged in digital infrastructure and real estate technology investment.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grid Edge
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Grid Edge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grid Edge Comparisons
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. 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grid Edge
Frequently Asked Questions about Grid Edge
When was Grid Edge founded?
Grid Edge was founded in 2017.
Where is Grid Edge located?
Grid Edge is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.
Who is the current CEO of Grid Edge?
Paul McCorquodale is the current CEO of Grid Edge.
Is Grid Edge a funded company?
Grid Edge is a funded company, having raised a total of $6.53M across 4 funding rounds to date.
How many employees does Grid Edge have?
As of Apr 30, 2023, the latest employee count at Grid Edge is 33.
What does Grid Edge do?
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.
Who are the top competitors of Grid Edge?
Grid Edge's top competitors include Particle, Landis+Gyr and Danfoss.
What products or services does Grid Edge offer?
Grid Edge offers Energy Tracker and Edge2X.
Who are Grid Edge's investors?
Grid Edge has 7 investors. Key investors include bp, Aston University, Mercia, Centrica, and Midlands Engine Investment Fund.