When was Emerald founded?

Emerald was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Emerald located?

Emerald is headquartered in Washington, DC, United States.

How many employees does Emerald have?

As of May 31, 2026, the latest employee count at Emerald is 39.

Is Emerald a funded company?

Emerald is a funded company, having raised a total of $66.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 25, 2024.

When was the latest funding round of Emerald?

Emerald's latest funding was a $***** Seed round on Feb 06, 2026, with participation from 11 investors. Its primary sector is Smart Grid. In United States, the Smart Grid sector has seen $963M in funding in 2026 to date.

Where does Emerald rank among its competitors?

Emerald ranks 6th amongst 226 active competitors, of which 32 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Emerald, which secured $25M in Feb, 2026.

Who are the top competitors of Emerald?

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

Emerald - 2026 Company Profile, Team, Funding & Competitors

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 Energy Impact Partners and Radical Ventures. The company has 226 active competitors, including 32 funded and 39 that have exited. Its top competitors include companies like NetApp, Inspur and Lancium.

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/
Social
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

Seed, Feb 06, 2026, $*****

Investors

Energy Impact Partners & 15 more

Ranked

6^th among 226 active competitors

Employee Count

39 as on May 31, 2026

Similar Companies

BrainBox AI & 279 more

View Emerald's full profile

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 12 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	9140568	Seed	1210779	7867674	7017165	9891476
Jul 10, 2025	7525293	Seed	8659145	5168360	5671693	NVentures & 4 more
Nov 25, 2024	8625837	Seed	1841478	3522041	1814959	7885098

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View details of Emerald's funding rounds and investors

The founders of Emerald is Varun Sivaram.

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 39 employees as of May 26. Here is Emerald's employee count trend over the years:

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Top competitors of Emerald include NetApp, Inspur and Lancium. 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, Sequoia Capital & 5 others	73/100
2nd	Inspur 1983, China, Public	Provider of cloud computing, data center, and enterprise software solutions	-	Cisco Investments, Xinding Capital & 8 others	65/100
3rd	Lancium 2014, The Woodlands (United States), Series D	Developer of infrastructure for artificial intelligence data centers and power orchestration	$650M	Blackstone, Hanwhasolutions & 1 others	64/100
4th	Vertiv 1946, Columbus (United States), Public	Provider of power, thermal, and IT infrastructure solutions and services	-	Starboard Value, NYSTRS & 6 others	62/100
5th	ZeroPoint Technologies 2016, Gothenburg (Sweden), Series A	Provider of energy consumption management system	$11.8M	Industrifonden, Matterwave Ventures & 4 others	59/100
6th	Emerald 2024, Washington, DC (United States), Seed	Developer of a platform optimizing power grids and artificial intelligence infrastructure	$66.5M	In-Q-Tel, Energy Impact Partners & 14 others	57/100
7th	OctaiPipe 2016, London (United Kingdom), Seed	Developer of artificial intelligence platform for data processing and analysis	$4.63M	SuperSeed, Growceanu & 18 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	GoMining 2017, Singapore (Singapore), Unfunded	Platform offering solutions for data center infrastructure maintenance	-	-	50/100