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GlassPoint - About the company

GlassPoint is a series C company based in Fremont (United States), founded in 2008 by Rod MacGregor. It operates as a Solar steam solutions for industry, reducing carbon emissions cost-effectively. GlassPoint has raised $115M in funding from investors like Shell Ventures, Nth Power and RockPort Capital, with a current valuation of $*****. The company has 13 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like TCO, Wavefront Technology Solutions and Nsolv.

Company Details

Solar steam solutions for industry, reducing carbon emissions cost-effectively. The company delivers solar industrial process steam using enclosed trough technology, designed for industrial users in remote and harsh environments. They offer long-term steam supply agreements, reducing the financial impact of decarbonization and hedging against volatile fuel prices. Their technology allows for emission-free steam production, day and night, using molten salt storage. The company focuses on easy integration with existing facilities, minimizing disruptions and costs. They provide a pathway to decarbonization, reducing emissions and enabling future electrification. This is a B2B clean energy tech company with a social impact business model.
Social
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Registered Address
West Hills, California
Key Metrics
Founded Year
2008
Location
Fremont, United States
Stage
Series C
Total Funding
$115M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2026
Ranked
Employee Count
88 as on Sep 30, 2026
Similar Companies
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GlassPoint's funding and investors

GlassPoint has raised a total funding of $115M over 7 rounds. Its first funding round was on Jun 16, 2010. Its latest funding round was a Series C round on Jan 26, 2026 for $*****. 1 investor participated in its latest round. GlassPoint has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of GlassPoint:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 26, 2026
2971545
Series C
4417399
6997655
4746331
2386642
Jul 02, 2024
1448010
Series C
7088117
2606213
2575126
9459178
Jul 31, 2023
7283778
Series C
9033497
2162783
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GlassPoint's founders and board of directors

Founder? Claim Profile
The founders of GlassPoint is Rod MacGregor.
Here are the details of GlassPoint's key team members:

GlassPoint's Board of Directors

GlassPoint's board has 15 active members. Daniel Palmer, Rod MacGregor, Richard Mackellar, Peter von Behrens, John O'Donnell, Hisham Al-Sheedi, David Allsworth, Fred Weber, Fredrick D. Weber, Rod McGregor, Charles Haythornwaite, Ben Bierman, David Prend, Peter de Wit and Zaki Selim are independent board members.
Here is the list of GlassPoint's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
12y 2m
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Independent board member
-
Current
8y 4m
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Independent board member
-
Current
9y 3m
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Independent board member
-
Current
8y 9m
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Independent board member
-
Current
2y 6m
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Independent board member
-
Current
8y 6m
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Independent board member
-
Current
9y 6m
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Independent board member
-
Current
4y 2m
dliafpe
Independent board member
-
Current
8y 6m
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Independent board member
-
Current
6y 2m
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Independent board member
-
Current
5y 1m
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Independent board member
-
Current
6y 1m
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Independent board member
-
Current
2y 9m
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Independent board member
-
Current
6y 4m
pbu{qmk
Independent board member
-
Current
3y 2m

GlassPoint's employee count trend

GlassPoint has 88 employees as of Sep 26. Here is GlassPoint's employee count trend over the years:
Employee count trend for GlassPoint
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GlassPoint's Competitors and alternates

Top competitors of GlassPoint include TCO, Wavefront Technology Solutions and Nsolv. Here is the list of Top 10 competitors of GlassPoint, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GlassPoint
GlassPoint
2008, Fremont (United States), Series C
Solar steam solutions for industry, reducing carbon emissions cost-effectively
$115M
54/100
2nd
Logo for TCO
TCO
1999, Bergen (Norway), Acquired
Provider of chemical injection systems and pressure relief systems
-
53/100
3rd
Logo for Wavefront Technology Solutions
Wavefront Technology Solutions
2003, Edmonton (Canada), Public
Pressure pulse-based fluid flow technology for enhanced oil recovery
-
-
32/100
4th
Logo for Nsolv
Nsolv
2003, Calgary (Canada), Deadpooled
Warm solvent technology for in-situ heavy-oil extraction
-
27/100
5th
Logo for Shandong Deshi Petroleum Engineering Group
Shandong Deshi Petroleum Engineering Group
2002, Dongying (China), Funding Raised
Chemical-based enhanced oil recovery technology provider
-
26/100
6th
Logo for ChemEOR
ChemEOR
2005, Covina (United States), Funding Raised
Innovative chemistry solutions for well stimulation and enhanced oil recovery
-
26/100
7th
Logo for Core Energy
Core Energy
2003, Traverse City (United States), Late Stage
Carbon dioxide-based enhanced oil recovery company
-
24/100
8th
Logo for Release Energy
Release Energy
2006, Perth (Australia), Unfunded
Technology solutions provider for enhanced oil recovery
-
-
24/100
9th
Logo for DC3 Control
DC3 Control
2016, Corpus Christi (United States), Unfunded
Developer of automated chemical injection control systems for industrial applications
-
-
20/100
10th
Logo for TERRATEC
TERRATEC
2016, Moscow (Russia), Deadpooled
Seismic equipment provider for enhanced oil recovery
-
20/100
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GlassPoint's Investments and acquisitions

GlassPoint has made no investments or acquisitions yet.

Reports related to GlassPoint

Here is the latest report on GlassPoint's sector:

News related to GlassPoint

lockFilter this list
Media has covered GlassPoint for 1 event in last 1 year.
•
•
MIG Capital invests in GlassPointVenture Capital magazine•Jul 02, 2024•GlassPoint, MIG Capital
•
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