When was HYDROGRID founded?

HYDROGRID was founded in 2016 and raised its 1st funding round 7 years after it was founded.

Where is HYDROGRID located?

HYDROGRID is headquartered in Vienna, Austria. It is registered at Biberstrasse 9/4, AT-1010 WIEN.

Who is the current CEO of HYDROGRID?

Janice Goodenough of HYDROGRID.

How many employees does HYDROGRID have?

As of Jun 30, 2026, the latest employee count at HYDROGRID is 42.

Is HYDROGRID a funded company?

HYDROGRID is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Dec 15, 2023.

When was the latest funding round of HYDROGRID?

HYDROGRID's latest funding was a $***** Series A round on Dec 15, 2023, with participation from 4 investors.

Where does HYDROGRID rank among its competitors?

HYDROGRID ranks 36th amongst 272 active competitors, of which 44 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Helio Home, which secured $50M in Jan, 2026.

Who are the top competitors of HYDROGRID?

HYDROGRID's top competitors include Odyssey Energy Solutions, Equilibrium Energy and Lancium. Among them, Helio Home secured the most recent funding round in January, 2026.

HYDROGRID - 2026 Company Profile, Team, Funding & Competitors

Company Details

Intelligent IoT solution for optimizing and controlling hydropower plants.The solution include real time predictive production planning, monitoring, and decision support tools for hydropower plant operators and traders. The software integrates machine learning algorithms to enable hydropower operators to react in real time to weather events, minimize water losses, and maximize power market revenues.

Website: www.hydrogrid.ai/
Social
Email ID: *****@hydrogrid.eu
Phone Number: +43 **********
Registered Address: Biberstrasse 9/4, AT-1010 WIEN

Key Metrics

Founded Year

2016

Location

Vienna, Austria

Stage

Series A

Total Funding

$8.5M in 1 round

Latest Funding Round

Series A, Dec 15, 2023, $*****

Investors

Karma Ventures & 3 more

Ranked

36^th among 272 active competitors

Employee Count

42 as on Jun 30, 2026

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View HYDROGRID's full profile

HYDROGRID is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HYDROGRID GMBH CIN: 918669469 , Norway, Active	Sep 28, 2016	-	-

HYDROGRID has raised a total funding of $8.5M over 1 round. Its latest funding round was a Series A round on Dec 15, 2023 for $*****. 4 investors participated in its latest round. HYDROGRID has 4 institutional investors.

Here is the list of recent funding rounds of HYDROGRID:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2023	6432271	Series A	2563728	3061716	3165998	5414375

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View details of HYDROGRID's funding rounds and investors

HYDROGRID's employee count trend

HYDROGRID has 42 employees as of Jun 26. Here is HYDROGRID's employee count trend over the years:

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Top competitors of HYDROGRID include Odyssey Energy Solutions, Equilibrium Energy and Lancium. Here is the list of Top 10 competitors of HYDROGRID, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Odyssey Energy Solutions 2017, Boulder (United States), Series A	Provider of end-to-end platform for distributed renewable energy finance	$38.8M	Equal Ventures, Union Square Ventures & 11 others	63/100
2nd	Equilibrium Energy 2021, San Francisco (United States), Series B	Provider of software solutions for portfolio management	$132M	DCVC, Breakthrough Energy & 7 others	63/100
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	61/100
4th	SYSO Technologies 2019, Cambridge (United States), Series B	Provider of renewable energy storage and management solutions	$33.5M	Kimmeridge, Lacuna Sustainable Investments ... & 2 others	60/100
5th	VIA 2016, Somerville (United States), Series B	Developer of Web3 solutions that protect data against theft, misuse	$48.6M	The Westly Group, Robert Bosch Venture Capital ... & 11 others	56/100
6th	suena Series A	Developer of artificial intelligence software for energy storage market optimization	$14M	Eneco, EIT InnoEnergy & 18 others	56/100
7th	3E 1999, Brussels (Belgium), Funding Raised	Software solutions provider in the renewable energy sector	-	Europa, Finnance.brussels	56/100
8th	Euclid Power 2021, Bloomington (United States), Series A	Provider of project management tool for solar energy	$20M	Spero Ventures, Venrock & 7 others	55/100
9th	Helio Home 2020, Denver (United States), Series A	Provider of all-electric heating and cooling system installation and related services	$50M	Eclipse, 8VC & 4 others	55/100
10th	Prescinto 2016, Bengaluru (India), Acquired	Provider of asset performance management software for renewable energy operators	$15.7M	LetsVenture, Venture Catalysts & 99 others	54/100
36th	HYDROGRID 2016, Vienna (Austria), Series A	Intelligent IoT solution for optimizing and controlling hydropower plants	$8.5M	SET Ventures, Karma Ventures & 2 others	39/100