When was ElectronX founded?

ElectronX was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is ElectronX located?

ElectronX is headquartered in Chicago, United States.

How many employees does ElectronX have?

As of Jun 30, 2026, the latest employee count at ElectronX is 43.

Is ElectronX a funded company?

ElectronX is a funded company, having raised a total of $61.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 12, 2024.

When was the latest funding round of ElectronX?

ElectronX's latest funding was a $***** Series A round on Nov 12, 2025, with participation from 9 investors.

Where does ElectronX rank among its competitors?

ElectronX ranks 3rd amongst 200 active competitors, of which 27 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Ingeteam, which secured $87.3M in Jun, 2026.

Who are the top competitors of ElectronX?

ElectronX's top competitors include GridCARE, envelio and Reactive Technologies. Among them, Ingeteam secured the most recent funding round in June, 2026.

ElectronX - 2026 Company Profile, Team, Funding & Competitors

ElectronX is a series A company based in Chicago (United States), founded in 2022 by Evan Caron and Philip Krim. It operates as a Provider of grid management solution. ElectronX has raised $61.5M in funding from investors like Innovation Endeavors, DCVC and Systemiq Capital. The company has 200 active competitors, including 27 funded and 28 that have exited. Its top competitors include companies like GridCARE, envelio and Reactive Technologies.

Company Details

Provider of grid management solution. It offers solutions to enable precision risk management, volatility hedging opportunities, and the monetization of power assets. It offers derivative products that capture the intraday price fluctuations of the changing electrical grid helping to smooth the financial path of clean energy adoption across the nation.

Website: www.electronx.com/
Social
Email ID: *****@electronx.com

Key Metrics

Founded Year

2022

Location

Chicago, United States

Stage

Series A

Total Funding

$61.5M in 3 rounds

Latest Funding Round

Series A, Nov 12, 2025, $*****

Investors

Innovation Endeavors & 12 more

Ranked

3^rd among 200 active competitors

Employee Count

43 as on Jun 30, 2026

Similar Companies

GridCARE & 210 more

View ElectronX's full profile

ElectronX has raised a total funding of $61.5M over 3 rounds. Its first funding round was on Jun 12, 2024. Its latest funding round was a Series A round on Nov 12, 2025 for $*****. 9 investors participated in its latest round. ElectronX has 13 institutional investors.

Here is the list of recent funding rounds of ElectronX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 12, 2025	2933101	Series A	1835404	2614322	3398975	6798502
Feb 19, 2025	3313347	Seed	6049009	2231119	3315220	Equinor & 2 more
Jun 12, 2024	4593690	Seed	8636885	1995827	Innovation Endeavors	DCVC & 3 more

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View details of ElectronX's funding rounds and investors

The founders of ElectronX are Evan Caron and Philip Krim. Sam Tegel is the CEO of ElectronX.

Here are the details of ElectronX's key team members:

Evan Caron: Co-Founder of ElectronX.
Philip Krim: Co-Founder & Director of ElectronX.
Sam Tegel: CEO of ElectronX.
Contact Info: 1 email address

View details of ElectronX's Founder profiles and Board Members

ElectronX's employee count trend

ElectronX has 43 employees as of Jun 26. Here is ElectronX's employee count trend over the years:

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Top competitors of ElectronX include GridCARE, envelio and Reactive Technologies. Here is the list of Top 10 competitors of ElectronX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GridCARE 2024, Redwood City (United States), Series A	Provider of AI data center power solutions leveraging existing grid infrastructure	$77.5M	Temasek, Sutter Hill Ventures & 20 others	63/100
2nd	envelio 2017, Cologne (Germany), Acquired	Provider of AI-driven grid management software solutions	$7.82M	eCAPITAL, Demeter & 5 others	62/100
3rd	ElectronX 2022, Chicago (United States), Series A	Provider of grid management solution	$61.5M	Shell, Innovation Endeavors & 11 others	61/100
4th	Reactive Technologies 2010, London (United Kingdom), Series D	Developer of cloud-based demand-side management solutions	$94.6M	BGF, M&G & 34 others	61/100
5th	GridPoint 2003, Reston (United States), Acquired	Provider of data-driven energy management solutions	$584M	Goldman Sachs, New Enterprise Associates ... & 25 others	60/100
6th	IQGeo 2002, Cambridge (United Kingdom), Acquired	Provider of enterprise software solutions for digital transformation	-	-	58/100
7th	Peak Power 2015, New York City (United States), Series A	Microgrid developer and platform to integrate the customers and utilities	$35M	Export Development Canada, Sensata & 13 others	56/100
8th	Ingeteam 1972, Zamudio (Spain), Funding Raised	Provider of power electronics, electric generators, motors, and automation systems	-	European Investment Bank, Europa & 1 others	56/100
9th	Safegrid 2019, Espoo (Finland), Acquired	Provides grid management solutions	$6.73M	Ajanta, Entrada & 5 others	55/100
10th	Plexigrid 2019, Stockholm (Sweden), Seed	Provider of software solutions for efficient management of electricity distribution networks	$11.6M	European Innovation Council, TheVentureCity ... & 6 others	55/100