About GridPoint
GridPoint is a company based in Reston (United States) founded in 2003 by Peter L Corsell was acquired by Twenty First Century Utilities in October 2015. GridPoint has raised $584.31 million across 16 funding rounds from investors including Goldman Sachs, Shell and I Squared Capital. GridPoint has completed 3 acquisitions, including ADMMicro, Standard Renewable and V2Green. GridPoint offers products and services including GridPoint Intelligence, HVAC Health Monitoring, and Energy Analysis. GridPoint operates in a competitive market with competitors including Landis+Gyr, MRI Software, Tibber, Span.IO and Eneco, among others.
- Headquarter Reston, United States
- Founders Peter L Corsell
-
Sectors
TechnologyBusiness Services Energy & Utilities Real Estate & Construction
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Gridpoint, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$584.31 M (USD)
in 16 rounds
-
Latest Funding Round
$45 M (USD), Series G
Mar 31, 2025
-
Investors
Goldman Sachs
& 24 more
-
Employee Count
Not available
-
Investments & Acquisitions
ADMMicro
& 2 more
-
Acquired by
Twenty First Century Utilities
(Oct 28, 2015)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GridPoint
GridPoint offers a comprehensive portfolio of products and services, including GridPoint Intelligence, HVAC Health Monitoring, and Energy Analysis.
Automates building operations by analyzing data for efficiency gains
Monitors systems to detect anomalies and prevent costly issues
Reviews energy output to recommend reduction strategies quickly
People of GridPoint
Unlock access to complete
Unlock access to complete
Funding Insights of GridPoint
GridPoint has successfully raised a total of $584.31M across 16 strategic funding rounds. The most recent funding activity was a Series G round of $45 million completed in March 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 GridPoint
GridPoint has secured backing from 25 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Shell and I Squared Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth investments are made in climate tech startups globally.
|
Locked | Locked | Locked | |
|
Investment banking services are delivered across multiple financial sectors.
|
Locked | Locked | Locked | |
|
Investment management in biotech, technology, energy, shipping, financials, and litigation sectors.
|
Locked | Locked | Locked |
Investor details for GridPoint
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by GridPoint
GridPoint has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ADMMicro, Standard Renewable and V2Green.
Investment portfolio details for GridPoint
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Renewable energy solutions including solar and insulation are offered.
|
Locked | Locked | 2006 | Locked | |
|
Software solutions for plug-in electric vehicle grid integration were developed.
|
Locked | Locked | 2006 | Locked | |
|
Manufacturer of energy management devices and building controllers
|
Locked | Locked | 2002 | Locked |
Complete acquisition details for GridPoint
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - GridPoint
Detailed financials for GridPoint
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Gridpoint Comparisons
Peer comparison for GridPoint
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of GridPoint
GridPoint 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 Landis+Gyr, MRI Software, Tibber, Span.IO and Eneco, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| Locked | Locked | Locked |
Property management software is provided for residential and commercial properties.
|
|
| Locked | Locked | Locked |
Provider of solutions for energy monitoring for residential building
|
|
| Locked | Locked | Locked |
Smart panels for home energy management are provided by Span.IO.
|
|
| Locked | Locked | Locked |
Producer and supplier of natural gas, electricity, and heat
|
|
| Locked | Locked | Locked |
Software for property maintenance, asset management, and leasing is developed.
|
Detailed competitors of GridPoint
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Gridpoint
Complete news archive for GridPoint
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GridPoint
GridPoint was founded in 2003 and raised its 1st funding round 2 years after it was founded.
GridPoint is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Mark Danzenbaker is the current CEO of GridPoint.
GridPoint is a funded company, having raised a total of $584.31M across 16 funding rounds to date.
Founded in 2003 and based in Reston, United States, GridPoint operates in the energy management sector. Real-time data collection, big data analytics, and cloud computing are utilized to support energy savings, operational efficiency, and sustainability. Hardware components, including submeters, controllers, thermostats, and sensors, are offered alongside the cloud-based Energy Manager platform to monitor assets like HVAC and lighting systems.
GridPoint's top competitors include Landis+Gyr, Span.IO and Happy.
GridPoint offers GridPoint Intelligence, HVAC Health Monitoring, and Energy Analysis.
GridPoint has made 3 acquisitions, including ADMMicro, Standard Renewable, and V2Green.
GridPoint has 25 investors. Key investors include Goldman Sachs, Shell, I Squared Capital, Perella Weinberg Partners, and Fortress Investment.