GRID ehf

SoftwareSeries AReykjavik, Icelandgrid.is

Latest round

Series A

Last raised

Aug 2020

Total raised

$17M

Investors

8

About GRID ehf

Founded in 2018 by Hjalmar Gislason, Laura Edwards, Steinn Sigurdarson, and Thorsteinn Gudmundsson, GRID ehf develops innovative solutions that leverage artificial intelligence for spreadsheet applications.GRID offers a sophisticated spreadsheet engine that integrates artificial intelligence, enhancing traditional spreadsheet functionalities. This product is compatible with Excel and Google Sheets, enabling users to conduct complex calculations and data modeling. GRID's end users include business professionals and organizations across various sectors that depend on spreadsheets for data analysis.In 2022, GRID generated revenue of USD 90,502, while reporting an EBITDA of USD -1,189,981. The company is focused on designing new features for its existing spreadsheet engine and aims to penetrate additional markets in North America and Europe by 2023.

Who invested in GRID ehf

8 investors across 3 rounds

See all investors in GRID ehf

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Aug 26, 2020

    Amount

    $12M

    Investors

    Locked

  2. Seed

    Mar 27, 2019

    Amount

    $3.5M

    Investors

    Locked

  3. Angel

    Oct 31, 2018

    Amount

    $1M

    Investors

    Locked

Questions about GRID ehf

Who invested in GRID ehf?

GRID ehf has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has GRID ehf raised?

GRID ehf has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did GRID ehf last raise money?

GRID ehf's most recent round on record is a Series A, in Aug 2020.

What does GRID ehf do?

Founded in 2018 by Hjalmar Gislason, Laura Edwards, Steinn Sigurdarson, and Thorsteinn Gudmundsson, GRID ehf develops innovative solutions that leverage artificial intelligence for spreadsheet applications.

Where is GRID ehf headquartered?

GRID ehf is headquartered in Reykjavik, Iceland.

Which VCs invest in companies like GRID ehf?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at GRID ehf's stage. Their profiles are linked below.

Raising like GRID ehf? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.