# GridPoint

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gridpoint

- Industry: Power & Utilities
- Headquarters: Reston, US
- Website: www.gridpoint.com/
- Total disclosed funding: $264M
- Latest round: Series C (Mar 1, 2022)
- Investors on record: 11

## About

GridPoint, Inc. delivers energy management solutions that enhance energy efficiency in commercial buildings, offering software that analyzes operational data to optimize consumption and reduce costs for businesses.Founded in 2003 and headquartered in Reston, US, GridPoint, Inc. provides energy management systems aimed at optimizing energy use in commercial enterprises. The company has undergone strategic pivots to enhance its software capabilities and has raised a total of USD 45.00 mn through several funding rounds, with the most recent being a USD 45.00 mn investment from Marunouchi Innovation Partners in March 2025. GridPoint, Inc. specializes in energy management systems that optimize energy consumption in commercial buildings. Their core offerings include intelligent software that analyzes data from systems such as HVAC, refrigeration, and lighting to identify inefficiencies. This software provides real-time visibility into facility operations, enabling managers to automate controls and improve energy efficiency. Primary end users include facility managers and businesses aiming to reduce costs and achieve sustainability targets, with deployments across urban centers in the US and select regions in Canada.GridPoint, Inc. generates revenue primarily through subscription-based models for its energy management software and services. It engages in direct business-to-business transactions, providing clients, which include commercial enterprises and facility management companies, with service agreements involving recurring fees for software access and tailored support services. Key offerings like GridPoint Intelligence™ substantially contribute to the revenue structure, designed to enhance energy efficiency and provide long-term savings to clients.In March 2025, GridPoint, Inc. raised USD 45.00 mn in venture funding from Marunouchi Innovation Partners. The company plans to utilize this funding to advance its growth and facilitate global expansion into Japan and South Korea, enhancing its market presence. Upcoming product launches are in development to further optimize energy management solutions.

## Funding rounds

- Series C, Mar 1, 2022, $75M — Goldman Sachs Asset Management, Shell Ventures
- Series A, Jan 14, 2011, $24M — Craton Equity Partners, Goldman Sachs Asset Management
- Series E, Sep 12, 2008, $102M — New Enterprise Associates, PWP Growth Equity, Susquehanna Growth Equity, Goldman Sachs Asset Management, Robeco
- Series D, Feb 7, 2008, $16M — New Enterprise Associates, PWP Growth Equity, Altira Group, Goldman Sachs Asset Management, Susquehanna International Group, Robeco
- Series D, Sep 4, 2007, $32M — Standard Renewable Energy Group, Altira Group, Goldman Sachs Asset Management
- Series B, Jun 1, 2006, $8.2M — Advantage Capital, Standard Renewable Energy Group, Altira Group
- Series B, Nov 11, 2005, $6.8M — Advantage Capital

## Investors

- Advantage Capital — Series B
- Standard Renewable Energy Group (https://capitalatlas.ai/funds/standard-renewable-energy-group) — Series B, Series D
- Altira Group (https://capitalatlas.ai/funds/altira-group) — Series B, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E, Series A, Series C
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series D, Series E
- PWP Growth Equity (https://capitalatlas.ai/funds/pwp-growth-equity) — Series D, Series E
- Susquehanna International Group — Series D
- Robeco (https://capitalatlas.ai/funds/robeco) — Series D, Series E
- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Series E
- Craton Equity Partners (https://capitalatlas.ai/funds/craton-equity-partners) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series C