When was Emerald founded?

Emerald was founded in 2024 and became a unicorn in 2026.

Where is Emerald located?

Emerald is headquartered in Washington, DC, United States.

Who is the current CEO of Emerald?

Varun Sivaram of Emerald. They have also founded 1 company.

How many employees does Emerald have?

As of Aug 31, 2026, the latest employee count at Emerald is 56.

Is Emerald a funded company?

Emerald is a funded company, having raised a total of $217M across 4 funding rounds to date. The company's 1st funding round was a $7.35M Seed round, raised on Nov 25, 2024.

How much is Emerald worth?

The latest valuation of Emerald is $1.05B as of Aug 25, 2026.

When was the latest funding round of Emerald?

Emerald's latest funding was a $150M Series A round on Jul 17, 2026, with participation from 24 investors.

Is Emerald a Smart Grid company?

The primary sectors of Emerald are Smart Grid, Data Center Infrastructure and Artificial Intelligence.

Where does Emerald rank among its competitors?

Emerald ranks 5th amongst 252 active competitors, of which 33 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Emerald, which secured $150M in Aug, 2026.

Who are the top competitors of Emerald?

Emerald's top competitors include NetApp, Inspur and Vertiv. Among them, Lancium secured the most recent funding round in August, 2026.

Emerald - 2026 Company Profile, Team, Funding & Competitors

Emerald is a series A company based in Washington, DC (United States), founded in 2024 by Varun Sivaram. It operates as a Developer of a platform optimizing power grids and artificial intelligence infrastructure. Emerald has raised $217M in funding from investors like Energy Impact Partners, Radical Ventures and Energize Capital, with a current valuation of $1.05B. The company has 252 active competitors, including 33 funded and 39 that have exited. Its top competitors include companies like NetApp, Inspur and Vertiv.

Sectors and market segments that Emerald operate in

Emerald serves in the Energy Tech, Environment Tech, Sustainability Tech, Native AI market segments.The primary business model of Emerald are:

Company Details

Developer of a platform optimizing power grids and artificial intelligence infrastructure. The platform facilitates data centers flexible power demand, transforming them into grid partners. It unlocks capacity on existing grid infrastructure to power artificial intelligence. The platform connects utilities and data centers in real time. It enables data centers to respond to grid signals and orchestrates compute alongside onsite energy. The platform verifies performance, establishing data centers as grid resources.

Website: www.emeraldai.co/
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Email ID: *****@emeraldai.co

Key Metrics

Founded Year

2024

Location

Washington, DC, United States

Stage

Series A

Total Funding

$217M in 4 rounds

Latest Funding Round

Series A, Jul 17, 2026, $150M

Post Money Valuation

$1.05B as on Aug 25, 2026

Investors

Energy Impact Partners & 31 more

Ranked

5^th among 252 active competitors

Employee Count

56 as on Aug 31, 2026

Similar Companies

Vertiv & 361 more

View Emerald's full profile

Emerald has raised a total funding of $217M over 4 rounds. Its first funding round was on Nov 25, 2024. Its latest funding round was a Series A round on Jul 17, 2026 for $150M. 24 investors participated in its latest round. Emerald has 27 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Emerald:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 17, 2026	$150M	Series A	-	-	Energize Capital	DCVC, Nvidia, Samsung Venture Investment, Siemens, Aramco Ventures, Salesforce Ventures, GE Vernova, RWE, JERA, Analog Devices, Sabanc Climate Tech, In-Q-Tel, Radical Ventures, Energy Impact Partners, Lowercarbon, Emerson Collective, The Olayan Group, John Doerr, Tom Steyer, Earthshot Ventures, Collective Global, Superscout, Marunouchi Innovation Partners
Feb 06, 2026	$25M	Seed	-	-	Energy Impact Partners	Amplo, Eaton, GE Vernova, In-Q-Tel, Lowercarbon Capital, NVentures, Radical Ventures, Salesforce Ventures, Samsung Venture Investment, Siemens
Jul 10, 2025	$34.2M	Seed	-	-	Radical Ventures	NVentures, Neotribe, Malcolm Turnbull, John Doerr, Jeff Dean

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View details of Emerald's funding rounds and investors

The founders of Emerald is Varun Sivaram. Varun Sivaram is the CEO of Emerald.

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

Varun Sivaram: Founder & CEO of Emerald.

View details of Emerald's Founder profiles and Board Members

Emerald's employee count trend

Emerald has 56 employees as of Aug 26. Here is Emerald's employee count trend over the years:

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Top competitors of Emerald include NetApp, Inspur and Vertiv. Here is the list of Top 10 competitors of Emerald, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NetApp 1992, San Jose (United States), Public	Provider of cloud based platform offering software for enterprise data management	-	Greenleaf Trust, TA Associates & 5 others	70/100
2nd	Inspur 1983, China, Public	Provider of cloud computing, data center, and enterprise software solutions	-	gf.fund, Cisco Investments & 8 others	65/100
3rd	Vertiv 1946, Westerville (United States), Public	Provider of power, thermal, and IT infrastructure solutions and services	-	Starboard Value, NYSTRS & 6 others	64/100
4th	Lancium 2014, The Woodlands (United States), Series E	Developer of infrastructure for artificial intelligence data centers and power orchestration	$3.65B	Blackstone, Hanwhasolutions & 2 others	61/100
5th	Emerald 2024, Washington, DC (United States), Series A	Developer of a platform optimizing power grids and artificial intelligence infrastructure	$217M	Salesforce Ventures, DCVC & 30 others	64/100
6th	ZeroPoint Technologies 2016, Gothenburg (Sweden), Series A	Provider of energy consumption management system	$11.8M	Industrifonden, Matterwave Ventures & 4 others	55/100
7th	OctaiPipe 2016, London (United Kingdom), Seed	Developer of artificial intelligence platform for data processing and analysis	$4.63M	SuperSeed, Growceanu & 19 others	54/100
8th	EkkoSense 2013, Nottingham (United Kingdom), Series C	Data center infrastructure and energy management software provider	$50.9M	Foresight Group, Midlands Engine Investment Fund ... & 12 others	54/100
9th	BluWave-ai 2017, Ottawa (Canada), Series A	Developer of artificial intelligence software for optimizing energy grid operations	$17.8M	Sustainable Development Technology Canada, Ontario Centre of Innovation ... & 7 others	52/100
10th	QScale 2018, Quebec City (Canada), Acquired	AI-driven energy management and HPC solutions	-	Desjardins, Invest Quebec & 1 others	50/100