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GridPoint, Inc.
Business Summary
GridPoint, Inc. is a privately-held, venture capital backed smart grid software solutions company. GridPoint, Inc. provides smart energy solutions that combine software, hardware, and other services to integrate, aggregate and manage distributed sources of energy consumption, generation and storage. Founded in 2003, GridPoint, Inc. is based in Arlington, Virginia.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2003 |
| Formerly Named: | Equinox Energy Solutions, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Arlington |
| State/Province: | Virginia |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.gridpoint.com |
Corporate Organization
| Subsidiaries: | |
| Brands: | GridPoint |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | GridPoint, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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GridPoint, Inc. Revenues ($ MM): |
GridPoint, Inc. Total Employees: |
GridPoint, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Sep. 2008 | Completed | View | View | Acquisition | View |
| Details | Jun. 2009 | Completed | View | View | Acquisition | View |
| Details | Nov. 2009 | Completed | View | View | Acquisition | View |
| Details | Feb. 2010 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jan. 2006 | View | A | Venture Capital | |
| Jan. 2006 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| May. 2006 | View | B | Private Equity | |
| May. 2006 | View | B | Venture Capital | |
| May. 2006 | View | B | Corporate | |
| Details | Total Round B View | |||
| Sep. 2006 | View | C | Investment Banking Firm | |
| Details | Total Round C View | |||
| Oct. 2007 | View | D | Corporate | |
| Oct. 2007 | View | D | Venture Capital | |
| Oct. 2007 | View | D | Venture Capital | |
| Oct. 2007 | View | D | Venture Capital | |
| Oct. 2007 | View | D | Other Investment Firm | |
| Oct. 2007 | View | D | Private Equity | |
| Details | Total Round D View | |||
| Aug. 2008 | View | E | Investment Banking Firm | |
| Aug. 2008 | View | E | Venture Capital | |
| Aug. 2008 | View | E | Venture Capital | |
| Aug. 2008 | View | E | Private Equity | |
| Aug. 2008 | View | E | Venture Capital | |
| Details | Total Round E View | |||
| Jul. 2010 | View | Other | ||
| Details | Total Round Other View | |||
| Dec. 2010 | View | Other | ||
| Details | Total Round Other View | |||
| Jul. 2012 | View | Other | Venture Capital | |
| Details | Total Round Other1 View | |||
| Total of Funding Shown Above View | ||||
| 1 | According to an SEC...Read More → |
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Detailed Business Description: GridPoint, Inc.
Business Overview
Gridpoint, Inc. develops smart grid software solutions for enterprises and utilities. GridPoint’s marquee product is its proprietary smart grid platform called GridPoint. The platform allows organizations to continuously monitor energy usage in real time and shift energy loads as demand characteristics change, essentially creating an operating system for the grid. GridPoint’s system reduces energy costs and optimizes energy efficiency. All of the platform’s features are accessible through an online, cloud-based interface, which Gridpoint provides. Founded in 2003, GridPoint is headquartered in Arlington, Virginia and has office in Austin, Ottowa Roanoke, and Seattle.
Revenue Model
GridPoint generates revenue from payments for installation and management of GridPoint software solutions. GridPoint also receives fees in accordance with project contracts. Timing and size of revenue streams vary according to the time details and conditions of each… Continue Reading →
Exhibits
Supplemental Resources
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