# Gridium funding: rounds and investors

> Gridium has raised $16M across 3 rounds since 2012. Investors include Navitas Capital, Navitas Capital and Darling Ventures. Every round with its source.

Source: https://millionrounds.com/company/gridium (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Gridium*

3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$16M** raised across 3 rounds since 2012, from 3 sources

**$1.0M** Venture **$750K** Series A **$14M** Venture

- **Latest round:** Venture, $14M Feb 2023
- **Step-up i:** 18.7×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022

**$1.0M** Venture

**$750K** Series A

**$14M** Venture

- **First round:** Venture, $1.0M
- **Biggest round:** $14M
- **Usual gap between rounds:** 9.9 years

## The rounds

- **Feb 2023** Venture **$14M** *1 new* [Navitas Capital](https://millionrounds.com/fund/navitas-capital) Source recorded SEC filing: $2.2M sold, first sale Jul 2019
- **Mar 2013** Series A **$750K** *2 new* *1 returning* [Darling Ventures](https://millionrounds.com/fund/darling-ventures) [Navitas Capital](https://millionrounds.com/fund/navitas-capital-2) [Arafura Ventures](https://millionrounds.com/fund/arafura-ventures) Reported by sec.gov SEC filing: $750K sold, first sale Mar 2013
- **May 2012** Venture **$1.0M** *2 new* [Navitas Capital](https://millionrounds.com/fund/navitas-capital-2) [Karl Ulrich](https://millionrounds.com/fund/karl-ulrich) Reported by sec.gov SEC filing: $1.0M sold, first sale May 2012

## Founders and team

From Gridium's own website and the SEC filings it signed: 2 founders, 26 on the team.

**Tom Arnold** CEO and Co-founder

**Adam Stein** Principal Product Manager and Co-Founder *Named on its 2023 Form D*

- **Joe Stevens** VP of Product
- **Jordan Allen** VP of Sales
- **Nathan Lamb** VP of Engineering
- **Tim Canavan** VP, Operations and Customer Success
- **Andy Richardson** Team lead
- **Anthony Lenza** Energy Manager
- **Ashley Jones** Energy Analyst
- **Chelsey Richardson** Manager, Data Team
- **Chris Hollman** Data Quality Engineer
- **Cindy Zhu** Director of Customer Success
- **Derek Harper** Energy Manager
- **Derek Hoagland** Devops engineer
- **Dréa Gay** Data Implementation Analyst
- **Joe Tocco** Senior Data Implementation Analyst
- **Joel Newman** Product manager
- **Joseph Thomas** Senior Software Engineer
- **Juliet Grabarz** Go-To-Market Associate
- **Kim Bell** Data Implementation Analyst

And 8 more on the team.

On the board, as filed i *Travis Putnam*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2012 **Series A** 2013 **Venture** 2023 [Navitas Capital](https://millionrounds.com/fund/navitas-capital-2) [Navitas Capital](https://millionrounds.com/fund/navitas-capital) [Darling Ventures](https://millionrounds.com/fund/darling-ventures) [Arafura Ventures](https://millionrounds.com/fund/arafura-ventures) [Karl Ulrich](https://millionrounds.com/fund/karl-ulrich)

## Everyone who backed them

[Navitas Capital](https://millionrounds.com/fund/navitas-capital-2) Family office **2** rounds

[Navitas Capital](https://millionrounds.com/fund/navitas-capital) VC firm **1** round

[Darling Ventures](https://millionrounds.com/fund/darling-ventures) VC firm **1** round

[Arafura Ventures](https://millionrounds.com/fund/arafura-ventures) VC firm **1** round

[Karl Ulrich](https://millionrounds.com/fund/karl-ulrich) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=gridium).

## Also claim to have backed them

These 2 firms list Gridium as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Zipdragon Ventures](https://millionrounds.com/fund/zipdragon-ventures) VC firm Per its own site

[Focal](https://millionrounds.com/fund/focal) VC firm Per its own site

## Quick answers about Gridium

### Who invested in Gridium?

Gridium's investors include Navitas Capital, Navitas Capital, Darling Ventures, Arafura Ventures and Karl Ulrich.

### How much has Gridium raised?

Gridium has raised $16M across 3 rounds since 2012.

### When did Gridium last raise?

Gridium's most recent round was a Venture of $14M in Feb 2023.

### What was Gridium's biggest round?

Its most recent round, $14M in Feb 2023, is also its largest on record.

### Who backed Gridium first?

Gridium's first round on record, in May 2012, was backed by Navitas Capital and Karl Ulrich.

### What stage is Gridium at?

Gridium's latest named round is a Venture, in Feb 2023.

### Where is Gridium based?

Gridium is based in the United States.

## Companies like Gridium

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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