# Gridtest Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gridtest-systems

- Industry: Electronics
- Headquarters: Los Angeles, US
- Website: www.gridtest.com
- Latest round: Seed (Mar 20, 2012)
- Investors on record: 2

## About

Gridtest Systems is a technology company specializing in innovative solutions for testing and optimizing grid systems across various sectors, including energy and utilities.Gridtest Systems focuses on providing advanced testing solutions for electrical grid systems. The company was founded in Los Angeles, US, where it continues to operate. The founder's background in technology includes previous ventures in energy solutions. In 2012, Gridtest Systems raised Seed financing from Pasadena Angels and Tech Coast Angels, with financial terms undisclosed. The company has engaged in one significant deal as of March 20, 2012.Gridtest Systems offers a comprehensive range of testing solutions for grid systems, including software and hardware designed for optimizing energy distribution and management. Their services aid in performance analysis, compliance testing, and operational efficiency, tailored for clients in the energy sector. The company serves utilities and energy providers, offering specialized tools for effective grid management.Gridtest Systems generates revenue through its testing solutions and consulting services. Clients typically engage in contracts for ongoing support and system upgrades. Revenue is primarily driven by service fees, with specific pricing structures determined based on project scope and complexity.Gridtest Systems plans to enhance its product line with new testing software solutions targeted for release by the end of 2023. The company aims to expand its reach into the North American and European energy markets by 2024, utilizing the funds from the Seed financing secured in March 2012 to develop new products and enhance marketing efforts for its existing services.

## Funding rounds

- Seed, Mar 20, 2012 — Pasadena Angels, Tech Coast Angels

## Investors

- Pasadena Angels (https://capitalatlas.ai/funds/pasadena-angels) — Seed
- Tech Coast Angels — Seed