# Grid Status

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.gridstatus.io
- Total disclosed funding: $8M
- Latest round: Seed (Aug 21, 2024)
- Investors on record: 4

## About

Based in Delaware, US, and founded in 2023 by CEO Kanter and Connor Waldoch, Grid Status Inc., a.k.a. Grid Status operates as an energy data and analytics company that focuses on providing an open platform for providing real-time and historical data on the electrical grid across the United States. In August 2024, Grid Status Inc. raised USD 8 million in venture funding led by Energize Capital, with participation from Nat Friedman and Daniel Gross (NFDG Ventures), Rayburn Electric Cooperative, and Evergreen Climate Innovations.

Grid Status provides comprehensive, real-time data and analytical tools for monitoring the electrical grid across the United States. The platform offers features such as live market overviews, nodal price maps, customizable dashboards, and alerts for specific grid conditions. Grid Status also supports both real-time and historical data analysis, facilitating detailed insights into grid operations and energy markets.

Grid Status generates revenue from subscriptions of its platform packages, which include Pro (USD 500 per month) and Enterprise (custom pricing).

The company plans to use its proceeds from August 2024 funding to expand its team and enhance its product to address the evolving data requirements of the swiftly transforming energy sector.

## Funding rounds

- Seed, Aug 21, 2024, $8M — Evergreen Climate Innovations, Energize Capital, NFDG Ventures, Rayburn Electric Cooperative

## Investors

- Evergreen Climate Innovations (https://capitalatlas.ai/funds/evergreen-climate-innovations) — Seed
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Seed
- NFDG Ventures (https://capitalatlas.ai/funds/nfdg-ventures) — Seed
- Rayburn Electric Cooperative — Seed