# Grid Edge

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

- Industry: Software
- Headquarters: Birmingham, UK
- Website: www.gridedge.co.uk
- Total disclosed funding: $6M
- Latest round: Series A (Nov 1, 2021)
- Investors on record: 3

## About

Grid Edge Limited, based in Birmingham, UK, specializes in energy management solutions, utilizing advanced technology to help businesses optimize energy usage and reduce carbon emissions through its innovative SaaS platform.Founded in 2016 in Birmingham, UK, Grid Edge Limited provides energy management solutions that leverage artificial intelligence. The company has successfully closed 4 deals to date, with its most recent funding round occurring in April 2025. Grid Edge was co-founded by Dan Wright and Jim Scott, both of whom have notable backgrounds in the industry. The company has raised a total of GBP 2.8 million, with key investors including BP Ventures, Centrica, Mercia Asset Management, and Midlands Engine Investment Fund.Grid Edge specializes in advanced energy management solutions designed to optimize energy consumption and minimize carbon emissions. Its primary offering, the Edge2X system, is a Software-as-a-Service (SaaS) platform that employs artificial intelligence to analyze energy data from buildings with Building Management Systems (BMS) and Internet of Things (IoT) sensors. This platform enables clients, such as the Royal Opera House and Nottingham College, to gain insights into energy usage, track savings, and implement energy efficiency strategies.Grid Edge generates revenue through a subscription model tied to its Edge2X SaaS platform. Clients engage via annual subscriptions that provide comprehensive access to energy management tools and AI-driven insights. This model fosters long-term partnerships, as clients leverage Grid Edge’s technology for ongoing performance monitoring and cost reduction. Pricing is structured to be clear and fixed, allowing organizations to budget effectively while benefiting from real-time energy management capabilities.In April 2025, Grid Edge Limited raised GBP 2.8 million in venture funding from investors including Midlands Engine Investment Fund, Mercia Asset Management, Centrica, and BP Ventures. The company plans to utilize this funding to expand its workforce, creating 15 new positions in sales, customer support, and technical roles. Grid Edge aims to enhance its product offerings with new features and is exploring opportunities to enter additional markets, though specific regions have not yet been disclosed.

## Funding rounds

- Series A, Nov 1, 2021, $2.7M — BP Ventures, Goldacre
- Series A, Aug 13, 2019, $3M — BP Ventures, Goldacre
- Seed, Aug 23, 2018, $0.3M — Ignite Group

## Investors

- Ignite Group (https://capitalatlas.ai/funds/ignite-group) — Seed
- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series A
- Goldacre — Series A