About Open Grid Systems
Open Grid Systems is a company based in Glasgow (United Kingdom) founded in 2014 was acquired by AspenTech in November 2024.. The company has 5 employees as of March 31, 2021. Open Grid Systems offers products and services including Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA. Open Grid Systems operates in a competitive market with competitors including Arcadia, Urjanet, Metry, Greenbird and Senselogix, among others.
- Headquarter Glasgow, United Kingdom
- Employees 5 as on 31 Mar, 2021
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Sectors
Energy & Utilities
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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 Open Grid Systems Limited
- Date of Incorporation 11 Feb, 2010
- Jurisdiction GLASGOW, LANARKSHIRE
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Products & Services of Open Grid Systems
Open Grid Systems offers a comprehensive portfolio of products and services, including Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA. 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.
Software for predictive maintenance and asset optimization in industries.
Tool for process simulation and energy analysis in manufacturing.
System for real-time monitoring and control of power grids.
Funding Insights of Open Grid Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Open Grid Systems
Open Grid Systems has secured backing from 1 investor. Prominent investors backing the company include AspenTech. 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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AI-based software for manufacturing process optimization is offered.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Open Grid Systems
| 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 - Open Grid Systems
| 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 |
Open Grid Systems Comparisons
Competitors of Open Grid Systems
Open Grid Systems 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 Arcadia, Urjanet, Metry, Greenbird and Senselogix, 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 |
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| domain | founded_year | HQ Location |
Arcadia is focused on providing clean energy solutions through data platforms.
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| domain | founded_year | HQ Location |
Utility data is automated and normalized for large organizations.
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| domain | founded_year | HQ Location |
SaaS-driven platform to collect meter data from utilities
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| domain | founded_year | HQ Location |
Open-source middleware for IoT data integration is developed.
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| domain | founded_year | HQ Location |
Energy management solutions
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| domain | founded_year | HQ Location |
Texture is recognized as an AI-native platform for energy operations coordination.
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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 Open Grid Systems
When was Open Grid Systems founded?
Open Grid Systems was founded in 2014.
Where is Open Grid Systems located?
Open Grid Systems is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
How many employees does Open Grid Systems have?
As of Mar 31, 2021, the latest employee count at Open Grid Systems is 5.
What does Open Grid Systems do?
Open Grid Systems was founded in 2014 in Glasgow, United Kingdom, focusing on the utilities sector. Expertise is offered in data management, information modeling, data transformation, exchange technologies, visualization, and power system network analysis. The GridView product is designed to integrate network models with geographic maps, satellite imagery, and augmented reality views, supporting damage assessments by utility workers via tablets in online and offline modes.
Who are the top competitors of Open Grid Systems?
What products or services does Open Grid Systems offer?
Open Grid Systems offers Aspen Mtell, Aspen HYSYS, and AspenTech OSI monarch SCADA.
Who are Open Grid Systems's investors?
Open Grid Systems has 1 investor. Key investors include AspenTech.
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