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Gridium
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Short description

Provider of energy efficiency services which uses a company's online utility bill to identify energy savings and maintenance needs

Founded in 2012
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Menlo Park, CA Menlo Park, United States
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Updated by Millen Paschich at Gridium on 06/25/2019

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Date Company
02/04/2015

Douglas Emmett Douglas Emmett

Douglas Emmett, a real estate investment trust, is deploying Gridium’s cloud-based big data analytics software across its entire portfolio of 58 buildings.

Confirmed by Douglas Emmett

Partnerships
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Date Partner Type
05/01/2013
Enovity Enovity
Joint partners on analytics-backed retrocommissioning project covering over 1,000 buildings.
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Confirmed by Enovity
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
02/24/2023 Navitas Capital Navitas Capital (1)
Post-money valuation of
Funding will accelerate team growth, develop new software solutions and support partnership opportunities.
Series B $1,400,000
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Products
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Product image Name Product status Revenue model Cost metrics

Snapmeter

Saves a building 3-5% on electricity costs by forecasting peak demand charges and spotting anomalous, wasteful energy patterns.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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