When was Elpis Squared founded?

Elpis Squared was founded in 2016.

Where is Elpis Squared located?

Elpis Squared is headquartered in Lake Oswego, United States. It is registered at Lake Oswego, Oregon.

How many employees does Elpis Squared have?

As of Dec 31, 2021, the latest employee count at Elpis Squared is 6.

Is Elpis Squared a funded company?

Elpis Squared is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Elpis Squared rank among its competitors?

Elpis Squared ranks 231st amongst 301 active competitors, of which 50 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Neara, which secured $63.5M in Feb, 2026.

Who are the top competitors of Elpis Squared?

Elpis Squared's top competitors include Neara, ElectronX and Reactive Technologies. Among them, Neara secured the most recent funding round in February, 2026.

Elpis Squared - 2026 Company Profile, Funding & Competitors

Company Details

Elpis Squared offers RE|Grid™ Operations - an advanced monitoring and situational awareness software and RE|Grid™ Planning - a comprehensive distribution system planning software that utilizes spatial load forecasting, load flow analysis, and near-real time grid data integration to provide distribution planners for assessing risk, resource planning, and optimizing the distribution grid.

Website: elpis2.com
Social
Email ID: *****@elpis2.com
Part Of
Registered Address: Lake Oswego, Oregon

Key Metrics

Founded Year

2016

Location

Lake Oswego, United States

Stage

Acquired

Investors

Windsail Capital Group

Ranked

231^st among 301 active competitors

Employee Count

6 as on Dec 31, 2021

Similar Companies

Heimdall Power & 113 more

Exit Details

Acquired by Itron (Mar 05, 2024)

View Elpis Squared's full profile

Elpis Squared is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELPIS2, INC. CIN: 463356889 , United States, Active	Dec 31, 1999	-	6 (As on Dec 31, 2021)	-

Elpis Squared got acquired by Itron on Mar 05, 2024.

Click here to take a look at Elpis Squared's acquisition in detail

Elpis Squared is a funded company. Elpis Squared has 1 institutional investor.

View details of Elpis Squared's funding rounds and investors

Elpis Squared's employee count trend

Elpis Squared has 6 employees as of Dec 21. The total employee count is the same as what it was in Dec 20. Here is Elpis Squared's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Neara 2016, Sydney (Australia), Series D	Developer of physics-enabled digital twin software for utility network management	$126M	TCV, Prosus & 9 others	63/100
2nd	ElectronX 2022, Chicago (United States), Series A	Provider of grid management solution	$61.5M	Systemiq Capital, Innovation Endeavors & 11 others	61/100
3rd	Reactive Technologies 2010, London (United Kingdom), Series D	Developer of cloud-based demand-side management solutions	$94.6M	BGF, Equinor & 34 others	61/100
4th	envelio 2017, Cologne (Germany), Acquired	Provider of AI-driven grid management software solutions	$7.82M	eCAPITAL, Demeter & 5 others	61/100
5th	Heimdall Power 2015, Bergen (Norway), Series B	Provider of real-time dynamic line rating and grid monitoring solutions	$28.6M	Investinor, ORLEN & 7 others	61/100
6th	GridPoint 2003, Reston (United States), Acquired	Provider of data-driven energy management solutions	$584M	Goldman Sachs, Goldman Sachs Asset Management ... & 25 others	60/100
7th	AiDASH 2019, Palo Alto (United States), Series C	AI-powered platform for managing critical infrastructure assets	$152M	Lightrock, National Grid Partners & 9 others	58/100
8th	IQGeo 2002, Cambridge (United Kingdom), Acquired	Provider of enterprise software solutions for digital transformation	-	-	58/100
9th	TIBO Energy 2022, Eindhoven (Netherlands), Seed	Provider of energy monitoring and smart grid controlling solutions	$3.28M	SET Ventures, Kompas & 2 others	58/100
10th	Pinergy 2012, Dublin (Ireland), Acquired	Smart energy management solution provider	-	-	58/100
231st	Elpis Squared 2016, Lake Oswego (United States), Acquired	Grid monitoring software and load forecasting software	-	Windsail Capital Group	20/100