About Nanogrid
Nanogrid is a company based in Oakland (United States) founded in 2017 by Dan Lopuch, Patrick Sheehan, and Jon McKay was acquired by Arcadia in April 2021.. Nanogrid has raised $150 thousand across 2 funding rounds from investors including Arcadia, Plug and Play Tech Center and 500 Global. Nanogrid operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.
- Headquarter Oakland, United States
- Founders Dan Lopuch, Patrick Sheehan, Jon McKay
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Phone
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Website
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Social
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Funding Insights of Nanogrid
Nanogrid has successfully raised a total of $150K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in July 2019. 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 2
- Last Round Seed — $150,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Seed - Nanogrid | Valuation | 500 Global |
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| Jun, 2018 | Amount | Seed - Nanogrid | Valuation | Plug and Play Tech Center |
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| 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 |
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Investors in Nanogrid
Nanogrid has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Arcadia, Plug and Play Tech Center and 500 Global. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Arcadia is focused on providing clean energy solutions through data platforms.
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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 Nanogrid
| 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 - Nanogrid
| 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 |
Nanogrid Comparisons
Competitors of Nanogrid
Nanogrid 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 ecobee, Particle, Signify, 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 |
Provider of smart thermostats for commercial and residential applications
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| 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 |
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 |
Energy efficiency and smart grid management solutions
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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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Frequently Asked Questions about Nanogrid
When was Nanogrid founded?
Nanogrid was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Nanogrid located?
Nanogrid is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of Nanogrid?
Patrick Sheehan is the current CEO of Nanogrid. They have also founded this company.
Is Nanogrid a funded company?
Nanogrid is a funded company, having raised a total of $150K across 2 funding rounds to date.
What does Nanogrid do?
Nanogrid was founded in 2017 in Oakland, United States, within the energy sector. Energy intelligence solutions are delivered to residential customers, focusing on simulations of real-world device specifications and constraints to evaluate impacts on net electricity load. Energy costs are estimated according to usage patterns, and combinations of device usage are recommended to enhance lifetime value for users.
Who are the top competitors of Nanogrid?
Nanogrid's top competitors include ecobee, Particle and Landis+Gyr.
Who are Nanogrid's investors?
Nanogrid has 3 investors. Key investors include Arcadia, Plug and Play Tech Center, and 500 Global.
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