United States · Environmental services startup

GridPoint

GridPoint is a clean technology company based in Reston, Virginia, founded in 2003.

Funding reportedLast round: Debt financing

Environmental servicesReston, United States

About GridPoint

GridPoint is a clean technology company based in Reston, Virginia, founded in 2003.

It specializes in data-driven energy management and sustainability services for enterprises, government agencies, and electric utilities. As a subsidiary of Twenty First Century Utilities LLC, GridPoint focuses on improving operational efficiency and enhancing energy grid reliability through advanced technology. The company offers a range of services, including Building Management Systems (BMS) and Energy Management Systems (EMS), which utilize real-time data and analytics to optimize energy use. GridPoint also provides professional consulting services and smart building software to help clients achieve their energy and sustainability goals. Its hardware products include submetering and advanced monitoring devices, while its cloud-based GridPoint Energy Manager platform oversees various energy-consuming assets. GridPoint has made significant contributions to energy conservation, reducing energy consumption in commercial buildings by over 10 billion kWh and saving customers more than $1 billion. The company has deployed over 450,000 connected devices, resulting in substantial energy savings and reduced carbon emissions.

What company datasets say GridPoint raised

Funding, as reported

Reported in all$533Min dollars
Rounds13
Last roundDebt financing
Last round size$45M
Last round dateJun 2023
Investors listed14
SEC Form D$211M sold, 8 filings, last Jul 2014

Founders and team

From GridPoint's own website and the SEC filings it signed: 10 on the team.

  • Derek BoothChief Executive Officer
  • James ClarkVice President of Technical Operations and Security
  • Krupa AmlaniConsulting CFO, vcfo
  • Greg MoreheadVP, Hardware Engineering
  • Shawn OndeckVP, Customer Success
  • Yury VelikanauVP, Software Engineering
  • Tom NelsonSVP and General Counsel
  • Denis R. CurranExecutive Officeri
  • Joseph R. ChinniciExecutive Officeri
  • Todd RabaExecutive Officer, Directori

On the board, as filediAlejandro L. San MiguelFred L. StephanGuy L. WeltschPeter L. Corsell

AdvisersMark Danzenbaker

On 3 portfolio pages

Investors who name them

Each firm lists GridPoint on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

asset performanceclean energy & technologygrid-interactive buildingsconsumersenergy analytics saasreal-time dataasset lifecycle extensionenterprisesfacility managementinformation technology & servicesenergy cost reductionfinancial servicesretail & conveniencefinanceenterprise softwareenergy management

Built with from their website

Pandora FMSCross Pixel MediaAtlassianReact NativeMicrosoft PowerPointC/C++MailChimpPhoenix FrameworkPostgreSQLBevywise MQTT Broker

+8 more

.NETApple Business ManagerSSMS Tools PackQuarticTwilio SendGrid Email Marketing CampaignsMicrosoft ExchangeetcdSalesforce

Sector
Environmental services
Industry code
NAICS 54133, 513210, 518210, SIC 3631, 7372, 7374
Region
Virginia
Part of
Twenty First Century Utilities
Revenue
$35M a year, as listed
Full record
Every detail in the company directory

How it ended, so far

Exit

ExitBuyerPriceWhen
AcquiredTwenty First Century UtilitiesundisclosedNov 2015

Environmental services in United States

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