# Gridsight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gridsight-pty

- Industry: Software
- Headquarters: Wollongong, Australia
- Website: www.gridsight.ai
- Total disclosed funding: $31M
- Latest round: Series B (Sep 1, 2026)
- Investors on record: 5

## About

Founded in 2020 in Sydney, Australia, by co-founders Brendan Banfield (CEO), Hugh Chan (CTO) and Kurt Walkom, Gridsight specializes in grid edge visibility solutions for utility companies. 

In August 2026, Gridsight Pty Ltd raised AUD 36.3 million in series B funding led by Insight Partners, with participation from Galvanize, Inc., AirTree Ventures, Energy Transition Ventures, and Aera.

GRIDSIGHT offers a grid edge visibility and flexibility platform aimed at utility companies, utilizing advanced data analytics, including model-free AI, to improve operational efficiency. Its platform automates fault detection, improves customer safety, and streamlines field operations. By analyzing actual grid data, GRIDSIGHT helps clients identify capacity constraints and assess non-network solutions, which aids in informed decision-making regarding network upgrades. The company also provides tools to maximize distributed energy resource (DER) hosting capacity while ensuring grid reliability, serving utility providers and energy network operators across North America and Europe to facilitate compliance and enhance service delivery.

GRIDSIGHT generates revenue via a subscription-based model, offering its platform as a service to utility companies and energy operators. Clients typically enter into multi-year contracts, granting access to various analytics tools tailored to their operational needs. The pricing structure is tiered, allowing clients to choose service levels based on the scale of their networks. The company's products are integral to improving hosting capacity and fault detection, aligning financial agreements with client operational cycles for consistent revenue generation.

The company plans to utilize the August 2026 funding to meet rising demand from data centres, EVs and distributed energy resources.

## Funding rounds

- Series B, Sep 1, 2026, $26M — Insight Partners, Galvanize, Inc., AirTree Ventures, Aera, Energy Transition Ventures
- Series A, Apr 8, 2025, $4.5M — AirTree Ventures, Aera, Energy Transition Ventures

## Investors

- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Series A, Series B
- Aera (https://capitalatlas.ai/funds/aera) — Series A, Series B
- Energy Transition Ventures (https://capitalatlas.ai/funds/energy-transition-ventures) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- Galvanize, Inc. — Series B
