# GridPoint: Environmental services, Reston, United States

> GridPoint: GridPoint is a clean technology company based in Reston, Virginia, founded in 2003. Based in Reston, United States. Founded 2003.

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

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

# GridPoint

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

Funding reported Last round: Debt financing

Environmental services Reston, United States

Company summary

- **Founded:** 2003 23 years old
- **Team:** 190 51 to 200 people
- **Funding reported:** $533M in dollars
- **Last round:** Debt financing Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for GridPoint has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$533M** in dollars

Rounds **13**

Last round **Debt financing**

Last round size **$45M**

Last round date **Jun 2023**

Investors listed **14**

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 Booth** Chief Executive Officer
- **James Clark** Vice President of Technical Operations and Security
- **Krupa Amlani** Consulting CFO, vcfo
- **Greg Morehead** VP, Hardware Engineering
- **Shawn Ondeck** VP, Customer Success
- **Yury Velikanau** VP, Software Engineering
- **Tom Nelson** SVP and General Counsel
- **Denis R. Curran** Executive Officer i
- **Joseph R. Chinnici** Executive Officer i
- **Todd Raba** Executive Officer, Director i

On the board, as filed i *Alejandro L. San Miguel* *Fred L. Stephan* *Guy L. Weltsch* *Peter L. Corsell*

Advisers *Mark Danzenbaker*

## On 3 portfolio pages

Investors who name them

- [Kensington Capital Partners Limited](https://millionrounds.com/fund/kensington-capital-partners-limited)
- [Samos Investments](https://millionrounds.com/fund/samos-investments-2)
- [Smart Energy News](https://millionrounds.com/fund/smart-energy-news)

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 performance clean energy & technology grid-interactive buildings consumers energy analytics saas real-time data asset lifecycle extension enterprises facility management information technology & services energy cost reduction financial services retail & convenience finance enterprise software energy management

Built with from their website

Pandora FMS Cross Pixel Media Atlassian React Native Microsoft PowerPoint C/C++ MailChimp Phoenix Framework PostgreSQL Bevywise MQTT Broker

+8 more

.NET Apple Business Manager SSMS Tools Pack Quartic Twilio SendGrid Email Marketing Campaigns Microsoft Exchange etcd Salesforce

- **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](https://millionrounds.com/directory/gridpoint)

## How it ended, so far

Exit

Exit Buyer Price When

Acquired Twenty First Century Utilities undisclosed Nov 2015

## Environmental services in United States

Startups like it

- [**Sedron Technologies** Sedro-Woolley · founded 2014 *Raised*](https://millionrounds.com/company/sedron-technologies)
- [**Terradot** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/terradot)
- [**Endurance Energy** Seattle · founded 2025 *Raised*](https://millionrounds.com/company/endurance-energy)
- [**Vaulted Deep** Houston · founded 2023 *Raised*](https://millionrounds.com/company/vaulted-deep)
- [**CurbWaste** New York · founded 2017 *Raised*](https://millionrounds.com/company/curbwaste)
- [**CREW Carbon** Hamden *Raised*](https://millionrounds.com/company/crew-carbon)
- [**Mast Reforestation** Seattle · founded 2016 *Raised*](https://millionrounds.com/company/mast-reforestation)
- [**Cannalysis** Santa Ana · founded 2015 *Raised*](https://millionrounds.com/company/cannalysis)

## Is this your company?

Add your raise, your deck and your story, and put GridPoint in front of investors. Or tell us what we have wrong.

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