# Grid Dynamics International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grid-dynamics-international

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.griddynamics.com
- Latest round: Series B (Aug 17, 2015)
- Investors on record: 1

## About

Grid Dynamics International, Inc. is a technology consulting firm specializing in artificial intelligence, cloud engineering, and digital transformation, empowering enterprises to enhance efficiency and growth across multiple sectors.Founded in 2006 in Menlo Park, US, Grid Dynamics specializes in technology consulting services. The company underwent a significant transition in 2017 when it was acquired by Automated Systems Holdings Limited for USD 128 mn. Christopher Hodge, co-founder and current CEO, has a background in technology entrepreneurship, contributing to the firm's focus on AI and cloud solutions. Grid Dynamics operates globally with offices in North America, Europe, and Asia.Grid Dynamics is a leading provider of enterprise technology consulting services, specializing in artificial intelligence (AI), cloud engineering, data and machine learning (ML) platforms, IoT and edge computing, and digital engagement solutions. Their primary offerings empower enterprises to enhance operational efficiency, accelerate growth, and drive digital transformation across various sectors. The company's AI-driven solutions address complex challenges faced by clients in industries such as retail, manufacturing, insurance, and life sciences, enabling improved customer experiences, optimized supply chains, and enhanced quality control. Grid Dynamics serves a diverse client base, including Fortune 500 companies and global brands, ensuring that their innovative technology solutions are tailored to meet specific operational needs. Geographically, their products and services are deployed in North America, Europe, and Asia, emphasizing their global reach and capacity to address the unique requirements of different market dynamics.Grid Dynamics generates revenue through a combination of consulting fees, project-based engagements, and long-term partnerships, primarily structured as B2B transactions. The company collaborates with clients to implement custom solutions that may include subscription-based services for continuous support and optimization of their technology platforms. Specific pricing plans may vary depending on the complexity of the solutions and the scale of deployment. Notable flagship services include AI implementations that streamline operations and enhance customer engagement capabilities. By fostering strategic alliances with clients, Grid Dynamics is positioned to create sustainable revenue streams through ongoing collaborations that adapt to evolving market needs and technological advancements. The structured approach to transactions ensures that clients receive tailored solutions aligned with their operational goals, thereby reinforcing Grid Dynamics' value proposition in the technology consulting landscape.In April 2017, Automated Systems Holdings Limited acquired Grid Dynamics International, Inc. for USD 128 mn. The company plans to leverage this funding to develop upcoming products focusing on advanced AI and machine learning solutions aimed at improving client operational efficiencies. Strategic plans include expanding into Asian markets, particularly targeting Japan and South Korea by 2025, to capitalize on the growing demand for technology consulting services in the region.

## Funding rounds

- Series B, Aug 17, 2015 — BGV

## Investors

- BGV (https://capitalatlas.ai/funds/bgv) — Series B