About GRID
GRID is a company based in Reykjavik (Iceland) founded in 2018 by Thorsteinn Yngvi Gudmundsson, Laura L. Edwards, and Steinn Sigurdarson. It operates as a SaaS (Software-as-a-Service). GRID has raised $17.12 million across 6 funding rounds from investors including Slack, European Union and NEA. GRID offers products and services including GRID. GRID operates in a competitive market with competitors including Vena Marketing, Sigma, STOIC, SyTech and Blockspring, among others.
- Headquarter Reykjavik, Iceland
- Founders Thorsteinn Yngvi Gudmundsson, Laura L. Edwards, Steinn Sigurdarson
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$17.12 M (USD)
in 6 rounds
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Latest Funding Round
$12 M (USD), Series A
Aug 26, 2020
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Investors
Slack
& 15 more
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Employee Count
Not available
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Products & Services of GRID
GRID offers a comprehensive portfolio of products and services, including GRID.
GRID is used for advanced spreadsheet solutions and analysis.
People of GRID
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Funding Insights of GRID
GRID has successfully raised a total of $17.12M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in August 2020. 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
GRID has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Slack, European Union and NEA.
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Venture capital investments are offered to startups by NEA.
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BlueYard Capital is engaged in early-stage technology investments.
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Investments are made in early-stage tech companies by Acequia Capital.
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Investor details for GRID
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by GRID
Investment portfolio details for GRID
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Financial Statements - GRID
Detailed financials for GRID
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- Profit trends
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Grid Comparisons
Peer comparison for GRID
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of GRID
GRID 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 Vena Marketing, Sigma, STOIC, SyTech and Blockspring, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered financial planning and accounting software is offered.
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Sigma is recognized for business intelligence and analytics solutions.
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A cloud-based spreadsheet platform for managing large datasets is offered.
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Excel-based reporting software is developed for industrial data sources.
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Cloud-based data reporting and visualization solutions are provided for spreadsheets.
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Detailed competitors of GRID
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Latest news on Grid
Complete news archive for GRID
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Frequently Asked Questions about GRID
GRID was founded in 2018.
GRID is headquartered in Reykjavik, Iceland.
GRID is a funded company, having raised a total of $17.12M across 6 funding rounds to date.
GRID is engaged in developing software solutions focused on enhancing spreadsheet functionalities. The company operates within the technology sector, offering tools designed to improve data analysis and productivity for businesses and individual users. Solutions provided by GRID are tailored to meet the needs of various industries requiring advanced data management.
GRID's top competitors include Vena Marketing, Sigma and SyTech.
GRID offers GRID.
GRID has 16 investors. Key investors include Slack, European Union, NEA, BlueYard Capital, and Acequia Capital.