Gridium

Founded in 2011 in Menlo Park, US, Gridium focuses on energy management solutions for real estate.00 mn in VENTURE DEBT from Mitsubishi HC Capital America, Inc.Gridium's core offering is its Energy-Management-as-a-Service platform, designed to assist real estate stakeholders in optimizing energy usage and reducing operational expenses. The platform provides data analytics and on-demand energy support, enabling building teams to identify high-impact savings opportunities without the need for hardware installation. Key functionalities include tracking energy consumption, streamlining reporting processes, and ensuring compliance with local regulations. Target customers encompass facilities and engineering teams, property managers, sustainability leaders, and asset managers across various markets, including major urban centers such as New York, Los Angeles, and Chicago.Gridium generates revenue primarily through a subscription model for its Energy-Management-as-a-Service platform. Clients can choose from various subscription tiers with low-cost entry points, ensuring a return on investment within 2-3 months. This model accommodates different customer segments, enabling flexibility in service usage and reporting. The company is focused on expanding into new geographic markets, although specific locations have not been disclosed. Future product developments are anticipated but have not been specified.

1. Series A

   Mar 12, 2013

   Amount

   $0.8M

   Investors

   Locked