Picogrid - About the company
Picogrid is a series A company based in Hawthorne (United States), founded in 2020. It operates as a Monitoring systems for critical infrastructure, defense, and wildfire prevention. Picogrid has raised $57.3M in funding from Bessemer Venture Partners and Initialized Capital. The company has 337 active competitors, including 40 funded and 53 that have exited. Its top competitors include companies like Palantir, DroneDeploy and Constelli.
Company Details
Monitoring systems for critical infrastructure, defense, and wildfire prevention. It offers AI-integrated monitoring systems for large areas.
- Website
- picogrid.com
Key Metrics
Founded Year
2020
Location
Hawthorne, United States
Stage
Series A
Total Funding
$57.3M in 4 rounds
Latest Funding Round
Investors
Ranked
9th among 337 active competitors
Employee Count
66 as on Jun 30, 2026
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Picogrid's funding and investors
Picogrid has raised a total funding of $57.3M over 4 rounds. Its first funding round was on Jul 10, 2023. Its latest funding round was a Series A round on Apr 24, 2026 for $*****. 8 investors participated in its latest round. Picogrid has 10 institutional investors.
Here is the list of recent funding rounds of Picogrid:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 24, 2026 | 1370734 | Series A | 5492638 | 1895234 | 3550517 | 3531281 |
Jul 08, 2025 | 7576412 | Grant (prize money) | 8963825 | 3142120 | 5650570 | |
Jan 10, 2024 | 8400403 | Seed | 5942840 | 1995904 |
View details of Picogrid's funding rounds and investors
Picogrid's founders and board of directors
Founder? Claim ProfilePicogrid's employee count trend
Picogrid has 66 employees as of Jun 26. Here is Picogrid's employee count trend over the years:
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Picogrid's Competitors and alternates
Top competitors of Picogrid include Palantir, DroneDeploy and Constelli. Here is the list of Top 10 competitors of Picogrid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
2nd | DroneDeploy 2013, San Francisco (United States), Series E | Provider of a cloud software platform for commercial drones | $142M | 70/100 | |
3rd | Developer of signal processing solutions for defense and aerospace | $23.9M | 64/100 | ||
4th | Provider of advanced electronic system-level products and technology solutions | $46M | 63/100 | ||
5th | Cubic 1951, San Diego (United States), Acquired | Provider of integrated solutions for public transportation and defence sectors | - | 63/100 | |
6th | Provider of a platform for managing solar projects across lifecycles | $8.81M | 60/100 | ||
7th | 3D Robotics 2009, Berkeley (United States), Acquired | Developer of consumer and commercial drones & autopilot systems | $179M | 59/100 | |
8th | Operator of aerial drones for topographic mapping and data analysis | $1.6M | 58/100 | ||
9th | Picogrid 2020, Hawthorne (United States), Series A | Monitoring systems for critical infrastructure, defense, and wildfire prevention | $57.3M | 57/100 | |
10th | PrecisionHawk 2010, Raleigh (United States), Acquired | Provider of geospatial analytics solutions for aerial data | $136M | 57/100 |
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Picogrid's Investments and acquisitions
Picogrid has made no investments or acquisitions yet.
Reports related to Picogrid
Here is the latest report on Picogrid's sector:
News related to Picogrid
Media has covered Picogrid for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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Picogrid Raises $45M in Series A Funding for Tactical Integration SoftwareThe SaaS News•Jun 15, 2026•Picogrid
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Picogrid Raises $45M Series A to Build the Open Integration Layer for Modern Defenseintelligence360•May 29, 2026•Credo Ventures, Alumni Ventures, GSBackers, Picogrid and 4 others
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Picogrid Secures $45 Million Series A Funding to Revolutionize Defense IntegrationBenzinga•May 29, 2026•Picogrid, Bessemer Venture Partners, GSBackers, Initialized Capital and 4 others
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Picogrid & Guardian RF Partner on Drone Defense at Vandenberg Space Force BaseGlobeNewswire•Feb 24, 2026•Guardian RF, Picogrid
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Picogrid Secures $3.2M Air Force Program for Unmanned Systems IntegrationRoboticstomorrow•Sep 10, 2025•Picogrid
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Picogrid scores new funding to connect the military’s stovepipe systemsTechCrunch+•Mar 26, 2024•Picogrid, Initialized Capital, Starburst, Credo Ventures and 3 others
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Picogrid, Building A More Open Defense Ecosystem, Clinches $950M Air Force IDIQ ContractBusinessFortNight•Aug 24, 2023•Picogrid
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