Emerald - About the company
Emerald is a seed 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 $66.5M in funding from Radical Ventures. The company has 200 active competitors, including 28 funded and 37 that have exited. Its top competitors include companies like NetApp, Lancium and Inspur.
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/
- Email ID
- *****@emeraldai.co
Key Metrics
Founded Year
2024
Location
Washington, DC, United States
Stage
Seed
Total Funding
$66.5M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 200 active competitors
Employee Count
28 as on Jan 31, 2026
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Emerald's funding and investors
Emerald has raised a total funding of $66.5M over 3 rounds. Its first funding round was on Nov 25, 2024. Its latest funding round was a Seed round on Feb 06, 2026 for $*****. 11 investors participated in its latest round. Emerald has 3 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Emerald:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 06, 2026 | 4612154 | Seed | 2805601 | 3796499 | 3361221 | 6943943 |
Jul 10, 2025 | 8378019 | Seed | 1988899 | 8315845 | 8912528 | |
Nov 25, 2024 | 1542107 | Seed | 4064741 | 9582317 | 2914533 | 2062087 |
View details of Emerald's funding rounds and investors
Emerald's founders and board of directors
Founder? Claim ProfileThe 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. Contact Info: 1 email address
View details of Emerald's Founder profiles and Board Members
Emerald's employee count trend
Emerald has 28 employees as of Jan 26. Here is Emerald's employee count trend over the years:
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Emerald's Competitors and alternates
Top competitors of Emerald include NetApp, Lancium and Inspur. Here is the list of Top 10 competitors of Emerald, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NetApp 1992, San Jose (United States), Public | Cloud based platform offering software for enterprise data management | - | 72/100 | |
2nd | Lancium 2014, The Woodlands (United States), Series D | Developer of infrastructure for artificial intelligence data centers and power orchestration | $650M | 64/100 | |
3rd | Provider of cloud computing, data center, and enterprise software solutions | - | 63/100 | ||
4th | Emerald 2024, Washington, DC (United States), Seed | Developer of a platform optimizing power grids and artificial intelligence infrastructure | $66.5M | 56/100 | |
5th | OctaiPipe 2016, London (United Kingdom), Seed | Developer of artificial intelligence platform for data processing and analysis | $4.63M | 54/100 | |
6th | ZeroPoint Technologies 2016, Gothenburg (Sweden), Series A | Provider of energy consumption management system | $11.8M | 53/100 | |
7th | Platform offering solutions for data center infrastructure maintenance | - | - | 50/100 | |
8th | Vertiv 1946, Columbus (United States), Public | Provider of power, thermal, and IT infrastructure solutions and services | - | 49/100 | |
9th | Cloud&Heat Technologies 2011, Dresden (Germany), Series B | Provider of cloud services, on-premises infrastructure, hardware, and energy solutions | $16.7M | 49/100 | |
10th | Red Dot Analytics 2016, Singapore (Singapore), Seed | AI-driven data center operation optimisation and sustainability solutions | - | 49/100 |
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Emerald's Investments and acquisitions
Emerald has made no investments or acquisitions yet.
Reports related to Emerald
Here is the latest report on Emerald's sector:
News related to Emerald
Media has covered Emerald for a total of 9 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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Emerald AI & NVIDIA Develop Power-Flexible AI Factory to Unlock 100 GW Grid CapacityMiningstockeducation•Oct 29, 2025•Emerald, Nvidia
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National Grid & Emerald AI Partner to Demonstrate AI Power Flexibility in UKPR Newswire•Sep 15, 2025•Emerald, National Grid, National Grid
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Emerald AI files notice to raise $35,299,903 in new funding via exempt offering of securitiesintelligence360•Sep 10, 2025•Emerald
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