About GridX
GridX is an Energy & Utilities company based in Walnut Creek (United States) founded in 2010 by Scott Engstrom. Meter billing solutions are delivered through a cloud-based platform. It operates on a SaaS (Software-as-a-Service) model in Energy & Utilities and Technology sectors. GridX has raised $75.7 million across 6 funding rounds from investors including Energy Impact Partners, Sunfox Capital and My Pet Air Plant. GridX has completed 1 acquisition, including Innowatts. Its chief executive, as recorded, is Chris Black. GridX offers products and services including gridx Design, gridx Analyze, gridx Empower, gridx Explore, and gridx Advise. Its focus areas include Energy, Utilities and Utility Software Solutions. Its legal entity is GridX, Inc. Its competitors include PowerSecure, Tantalus and Amberflo; 2 of its 3 listed competitors have raised funding.
Company details
GridX is established as a leading enterprise rate platform for utilities, focusing on modern rate structures and clean energy solutions. The company is involved in designing, analyzing, and billing complex utility rates through various software tools. Services are provided to help utilities and customers understand the cost impact of energy decisions. The platform is utilized to model tariffs, influence clean energy adoption, and deliver real-time cost analysis. GridX operates within the utility software sector, supporting decarbonization goals and personalized customer insights.
- Total Equity Funding$75.7M (USD)
in 6 rounds
- Latest Funding Round$7.5M (USD), Debt – Conventional
Sep 2026
- InvestorsEnergy Impact Partners
& 4 more
- Investments & Acquisitions
Products & Services of GridX
GridX offers a comprehensive portfolio of products and services, including gridx Design, gridx Analyze, gridx Empower, gridx Explore, and gridx Advise.
Rates and tariffs are designed for utility providers.
Billing quality analytics are run for every customer.
Accurate cost data is communicated through APIs effectively.
Clean energy options are visualized and bundled for customers.
Business customers are advised on optimal rate selection.
Complex rates are billed within existing CIS systems.
Apps and channels of GridX
its YouTube channel GridX Inc. has 36 subscribers and 30 videos.
Videos from GridX
The most watched videos on GridX's YouTube channel, GridX Inc. (36 subscribers). Click a video to play it here.
More on GridX Inc..
Funding Insights of GridX
GridX has successfully raised a total of $75.7M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $7.5 million completed in September 2026. 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 $75.7M
- Total Rounds 6
- Last Round Debt – Conventional — $7.5M
- First Round $500,000
(Apr 2013)
- Investors Count 5
All 6 funding rounds of GridX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $7.5M | Series A | – | – | – |
| Sep 2026 | $7.5M | Debt – Conventional | – | – | – |
| Apr 2022 | $40M | Series C | – | Energy Impact Partners | |
| May 2021 | $12M | Series B | – | Energy Impact Partners | – |
| Oct 2020 | $16.2M | Series B | – | – | – |
| Apr 2013 | $500,000 | Debt – Conventional | – | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in GridX
GridX has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Energy Impact Partners, Sunfox Capital and My Pet Air Plant.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States | ||
Live pet air plants are offered for adoption to children. | ngpetp.com | Washington, Dc, United States | ||
Delivers comprehensive financing solutions for property owners and solar project developers. | 2017 | sunfoxcapital.com | Boston, United States | |
Strategic investments in ventures are managed from New York. | New York, United States | |||
HH Hunter Horgan | unknown_dd6abd44a32745b59 |
Investor details for GridX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of GridX
44 people are tracked at GridX (20 in leadership, 24 in team).
| Name | Role | Group |
|---|---|---|
Scott Engstrom | Co-Founder & Chief Customer Officer | Leadership |
Chris Black | CEO | Leadership |
Srikanth V G. | Director Software Engineering | Leadership |
Candace C. | VP Of Customer Success | Leadership |
Suzanne Straub | VP, People | Leadership |
Heidi Fishstrom | Director Of Customer Success | Leadership |
Brad Langley | VP, Marketing | Leadership |
Galen Leith | VP, Design | Leadership |
Grace Liu | VP of Technology | Leadership |
Stephanie Zaiken | Director Technical Support | Leadership |
Brian Caffarelli | Regional Vice President of Sales, US Midwest | Leadership |
Joseph Chang | Senior Product Director | Leadership |
Amit Dixit | Director Site Reliability Engineering | Leadership |
Matthew Ross | Senior Director Of Solutions Engineering | Leadership |
Phil Franklin | Regional VP of Sales | Leadership |
Shreyas Pai | Director Of Engineering | Leadership |
Zohar Asher | VP Of Sales | Leadership |
Sean Dolan | Director Of Engineering | Leadership |
Michael Kwok | VP, Finance | Leadership |
David Fleming | Marketing Director | Leadership |
24 more people are available in the full profile.
Complete people profiles for GridX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by GridX
GridX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Innowatts.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI and SaaS-driven energy-saving products for homeowners are provided. | innowatts.com | Houston, United States | 2013 | Sep 2025 | •••• |
Complete acquisition details for GridX
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of GridX
4 dated milestones of GridX across 16 years, from founding to its latest funding, stage changes and deals.
- Founded GridX is founded.
- Funding First funding round of $500K.
- Acquisition Acquires Innowatts.
- Funding Latest funding round, Debt – Conventional, of $7.5M.
Competitors of GridX
GridX has 3 listed competitors in our database, 2 of them funded. They include PowerSecure, Tantalus and Amberflo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions | ||
| tantalus.com | 1989 | Raleigh, United States | $58.7M | 42 | Smart grid communication solutions are provided for utilities by Tantalus. | |
| amberflo.io | 2020 | San Jose, United States | $15M | Cloud-based invoicing and billing solution for businesses |
Detailed competitors of GridX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of GridX
The website of GridX (gridx.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▼ 21.6% vs previous month
Top companies in Energy Efficiency Solutions
3 companies that operate in the same segment as GridX (Energy Efficiency Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Gridx
Complete news archive for GridX
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Frequently Asked Questions about GridX
GridX was founded in 2010 and raised its 1st funding round 3 years after it was founded.
GridX is headquartered in Walnut Creek, United States. It is registered at Walnut Creek, California, United States.
Chris Black is the CEO of GridX, as recorded in our data.
GridX is a funded company, having raised a total of $75.7M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $500K, raised on Apr 2013.
GridX is established as a leading enterprise rate platform for utilities, focusing on modern rate structures and clean energy solutions. The company is involved in designing, analyzing, and billing complex utility rates through various software tools. Services are provided to help utilities and customers understand the cost impact of energy decisions. The platform is utilized to model tariffs, influence clean energy adoption, and deliver real-time cost analysis. GridX operates within the utility software sector, supporting decarbonization goals and personalized customer insights.
GridX's top competitors include PowerSecure, Tantalus and Amberflo.
GridX offers gridx Design, gridx Analyze, gridx Empower, gridx Explore, and 2 more products and services.
GridX has made 1 acquisition, including Innowatts.
GridX has 5 investors. Key investors include Energy Impact Partners, Sunfox Capital, My Pet Air Plant, Hunter Horgan, and Moore Strategic Ventures.
GridX operates through Gridx, Inc..