About Verdant Microgrid
Verdant Microgrid is a company based in Bethesda (United States) founded in 2019 by Sam Houston and Robert Babcock.. Verdant Microgrid has raised $150 million across 1 funding round from investors including ClearGen. Verdant Microgrid offers products and services including Microgrid Solutions, Battery Storage, and Solar Integration. Verdant Microgrid operates in a competitive market with competitors including Scale Microgrids, VoltaGrid, David Energy, New Sun Road and Enchanted Rock, among others.
- Headquarter Bethesda, United States
- Founders Sam Houston, Robert Babcock
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 M (USD)
in 1 rounds
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Latest Funding Round
$150 M (USD), Series D
Jun 25, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Verdant Microgrid
Verdant Microgrid offers a comprehensive portfolio of products and services, including Microgrid Solutions, Battery Storage, and Solar Integration. 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.
Delivers turnkey systems for efficient power generation and cost optimization in industries
Enables peak energy offsetting and reduction of utility demand charges
Supports sustainable power through solar technology for industrial applications
Funding Insights of Verdant Microgrid
Verdant Microgrid has successfully raised a total of $150M through 1 strategic funding round. The most recent funding activity was a Series D round of $150 million completed in June 2021. 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 1
- Last Round Series D — $150.0M
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First Round
First Round
(25 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series D - Verdant Microgrid | Valuation |
investors |
| 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 |
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Investors in Verdant Microgrid
Verdant Microgrid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ClearGen. 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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Solar financing services are provided to enable renewable energy projects.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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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Investments & Acquisitions by Verdant Microgrid
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Verdant Microgrid
| 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 |
Verdant Microgrid Comparisons
Competitors of Verdant Microgrid
Verdant Microgrid 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 Scale Microgrids, VoltaGrid, David Energy, New Sun Road and Enchanted Rock, 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 |
Microgrids are manufactured by Scale Microgrids in the United States.
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AI and cloud-driven platform offering microgrids to provide electricity to off-grid areas
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Distributed energy management systems are provided for building efficiency.
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Distributed energy solutions for renewable power are provided.
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Provider of load management and microgrid systems
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| domain | founded_year | HQ Location |
Microgrid solutions enabled by distributed energy generation systems are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Verdant Microgrid
Frequently Asked Questions about Verdant Microgrid
When was Verdant Microgrid founded?
Verdant Microgrid was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Verdant Microgrid located?
Verdant Microgrid is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Is Verdant Microgrid a funded company?
Verdant Microgrid is a funded company, having raised a total of $150M across 1 funding round to date. The company's 1st funding round was a Series D of $150M, raised on Jun 25, 2021.
What does Verdant Microgrid do?
Verdant Microgrid was established in 2019 in Bethesda, United States, within the energy sector. Microgrids are managed to deliver electricity to remote and off-grid locations. Turnkey solutions are provided for industries with high energy demands. Onsite energy production is facilitated, alongside services for energy accessibility, infrastructure security, and project execution and management. Operations focus on reliable power infrastructure in underserved regions.
Who are the top competitors of Verdant Microgrid?
Verdant Microgrid's top competitors include Scale Microgrids, David Energy and VoltaGrid.
What products or services does Verdant Microgrid offer?
Verdant Microgrid offers Microgrid Solutions, Battery Storage, and Solar Integration.
Who are Verdant Microgrid's investors?
Verdant Microgrid has 1 investor. Key investors include ClearGen.