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Company	GridX
Short Description	Developer of software to solve back-office IT challenges related to the operation of and participation in decentralized energy markets
Status	Private
Year Founded	2010
Industry Group	energy & power
Sector	energy services
TRL Range	7-8
Country	United States
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$52M
Last Stage Capital Raised	Growth Equity round of $40M 2022
Investors	Coparion, Vito One, Gabor Cselle, Energy Impact Partners, Moore Strategic Ventures, Sunfox Capital, NGP Energy Technology Partners

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GridX

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Short description

Developer of software to solve back-office IT challenges related to the operation of and participation in decentralized energy markets

Founded in 2010

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Company type Private Public ()

Company type

Industry Group energy & power

Sector energy services

TRL Range 7-8

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

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Headquarters Milpitas, CA Milpitas, United States

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Updated by Cleantech Group on 04/15/2022

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Jian Zhang

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05/01/2021	Free Electrons Free Electrons View source Confirmed by Free Electrons	Incubation/Acceleration	Delete

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04/14/2022	Energy Impact Partners Energy Impact Partners , Moore Strategic Ventures Moore Strategic Ventures , Sunfox Capital Sunfox Capital , NGP Energy Technology Partners NGP Energy Technology Partners (4) Post-money valuation of The funding will accelerate the development of GridX's analytics and billing solutions, along with building out its sales, marketing, product, and engineering teams. (source)	Growth Equity	$40,000,000	Delete

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Developer of software to solve back-office IT challenges related to the operation of and participation in decentralized energy markets

IPO INFORMATION

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Initial shares

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Exchange listed

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