When was GridPoint founded?

GridPoint was founded in 2003 and raised its 1st funding round 2 years after it was founded.

Where is GridPoint located?

GridPoint is headquartered in Reston, United States. It is registered at Reston, Virginia.

How many employees does GridPoint have?

As of May 31, 2026, the latest employee count at GridPoint is 193.

Is GridPoint a funded company?

GridPoint is a funded company, having raised a total of $584M across 16 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 26, 2005.

When was the latest funding round of GridPoint?

GridPoint's latest funding was a $***** Series G round on Mar 31, 2025, with participation from 8 investors.

Where does GridPoint rank among its competitors?

GridPoint ranks 44th amongst 3798 active competitors, of which 553 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of GridPoint?

GridPoint's top competitors include ecobee, Sense and Landis+Gyr. Among them, Sense secured the most recent funding round in January, 2026.

GridPoint - 2026 Company Profile, Team, Funding & Competitors

GridPoint is an acquired company based in Reston (United States), founded in 2003 by Peter L Corsell. It operates as a Provider of data-driven energy management solutions. GridPoint has raised $584M in funding from investors like Goldman Sachs, New Enterprise Associates and Altira Group. The company has 3798 active competitors, including 553 funded and 327 that have exited. Its top competitors include companies like ecobee, Sense and Landis+Gyr.

Company Details

GridPoint is a provider of data-driven energy management solutions (EMS). The company leverages real-time data collection, big data analytics, and cloud computing to maximize energy savings, operational efficiency, capital utilization, and sustainability benefits. The company offers 'GridPoint energy management hardware' - that includes submetering, and advanced monitoring devices that enable the management and measurement of energy endpoints, including controllers, submeters, thermostats, and sensors. Its cloud-based software platform, 'GridPoint Energy Manager' - monitor and manage energy-consuming assets, such as HVAC and lighting systems.

Website: gridpoint.com
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Registered Address: Reston, Virginia

Key Metrics

Founded Year

2003

Location

Reston, United States

Stage

Acquired

Total Funding

$584M in 16 rounds

Latest Funding Round

Series G, Mar 31, 2025, $*****

Investors

Goldman Sachs & 26 more

Ranked

44^th among 3798 active competitors

Employee Count

193 as on May 31, 2026

Investment & Acquisitions

Standard Renewable & 2 more

Similar Companies

ecobee & 5173 more

Exit Details

Acquired by Twenty First Century Utilities (Oct 28, 2015)

View GridPoint's full profile

GridPoint is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Gridpoint, Inc. CIN: 219705993 , United States, Active	Nov 29, 2023	-	-	-
Gridpoint, Inc. CIN: 200402422 , United States, Active	Dec 26, 999	-	187 (As on Dec 31, 2024)	-

GridPoint got acquired by Twenty First Century Utilities on Oct 28, 2015.

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

GridPoint has raised a total funding of $584M over 16 rounds. Its first funding round was on Nov 26, 2005. Its latest funding round was a Series G round on Mar 31, 2025 for $*****. 8 investors participated in its latest round. GridPoint has 27 institutional investors.

Here is the list of recent funding rounds of GridPoint:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2025	8881303	Series G	5691207	1335597	3196353	1019878
Jun 21, 2023	3091766	Conventional Debt	8136165	8514725	7791027	HASI
Mar 01, 2022	6408474	Series G	4463785	2004011	Goldman Sachs Asset Management	Shell & 6 more

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View details of GridPoint's funding rounds and investors

The founders of GridPoint is Peter L Corsell. Mark Danzenbaker is the CEO of GridPoint.

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

Peter L Corsell: Founder of GridPoint. They are also an angel investor in 1 startup.
Mark Danzenbaker: CEO of GridPoint.

View details of GridPoint's Founder profiles and Board Members

GridPoint's employee count trend

GridPoint has 193 employees as of May 26. Here is GridPoint's employee count trend over the years:

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Top competitors of GridPoint include ecobee, Sense and Landis+Gyr. Here is the list of Top 10 competitors of GridPoint, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ecobee 2007, Toronto (Canada), Acquired	Manufacturer of smart thermostats, sensors, cameras, and security system bundles	$155M	Relay Ventures, Tech Capital Partners & 14 others	79/100
2nd	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	IDO Investments, Shell Ventures & 21 others	76/100
3rd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Provider of advanced grid infrastructure, energy management, and smart metering solutions	$1.03B	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	76/100
4th	Enel X 2001, Boston (United States), Acquired	Developer of utility-scale renewable energy projects	$168M	Foundation Capital, Activate Capital & 9 others	74/100
5th	Span.IO 2014, San Francisco (United States), Series C	Provider of smart panel for home energy management	$419M	Wellington, Energy Foundry & 33 others	72/100
6th	Happy 2011, Carlsbad (United States), Series B	Provider of centralized maintenance, asset, and property management software solutions	$77.9M	Point Nine, 500 Global & 32 others	69/100
7th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Canadian Imperial Bank of Commerce ... & 11 others	69/100
8th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Eight Roads Ventures, Summa Equity & 10 others	69/100
9th	Optimum Energy 2005, Seattle (United States), Acquired	SaaS-driven HVAC optimization software for commercial spaces	$40.9M	Edison Energy, Columbia Pacific Advisors & 3 others	69/100
10th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, European Development Finance Institutions ... & 26 others	68/100
44th	GridPoint 2003, Reston (United States), Acquired	Provider of data-driven energy management solutions	$584M	Robeco, Goldman Sachs & 25 others	60/100

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GridPoint has acquired 3 companies including Standard Renewable, ADMMicro and V2Green. GridPoint has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 09, 2010	Acquisition	Standard Renewable	2006	San Antonio (United States)
Nov 2009	Acquisition	ADMMicro	2002	United States
Sep 23, 2008	Acquisition	V2Green	2006	Seattle (United States)