Picogrid - About the company
Picogrid is a series A company based in Hawthorne (United States), founded in 2020 by Zane Mountcastle. 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 433 active competitors, including 44 funded and 58 that have exited. Its top competitors include companies like Palantir, Sanlayan and DroneDeploy.
Company Details
Monitoring systems for critical infrastructure, defense, and wildfire prevention. It offers AI-integrated monitoring systems for large areas.
- Website
- picogrid.com
- Social
Key Metrics
Founded Year
2020
Location
Hawthorne, United States
Stage
Series A
Total Funding
$57.3M in 4 rounds
Latest Funding Round
Investors
Ranked
10th among 433 active competitors
Employee Count
78 as on Sep 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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 24, 2026 | 6092500 | Series A | 7309468 | 3034608 | 3572359 | 1245728 |
Jul 08, 2025 | 2242681 | Grant (prize money) | 9217351 | 6004370 | 4707006 | |
Jan 10, 2024 | 7243910 | Seed | 3448334 | 5621842 |
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Picogrid's founders and board of directors
Founder? Claim ProfileThe founders of Picogrid is Zane Mountcastle. Zane Mountcastle is the CEO of Picogrid.
Here are the details of Picogrid's key team members:
- Zane Mountcastle: Co-Founder & CEO of Picogrid and founder of 1 other company. Contact Info: 1 email address
View details of Picogrid's Founder profiles and Board Members
Picogrid's employee count trend
Picogrid has 78 employees as of Sep 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, Sanlayan and DroneDeploy. 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 | Manufacturer of electronic systems for defense and aerospace technology applications | $26.7M | 68/100 | ||
3rd |  DroneDeploy 2013, San Francisco (United States), Acquired | Provider of a cloud software platform for commercial drones | $142M | 68/100 | |
4th | Manufacturer of electronic warfare systems and autonomous defense technology platforms | $37.7M | 65/100 | ||
5th | Provider of advanced electronic system-level products and technology solutions | $46M | 63/100 | ||
6th | Cubic 1951, San Diego (United States), Acquired | Provider of integrated solutions for public transportation and defence sectors | - | 63/100 | |
7th | Developer of signal processing solutions for defense and aerospace | $23.9M | 61/100 | ||
8th | 3D Robotics 2009, Berkeley (United States), Acquired | Developer of consumer and commercial drones & autopilot systems | $179M | 59/100 | |
9th | Near Earth Autonomy 2012, Pittsburgh (United States), Series B | Provides flight-proven core technologies to the aerospace industry | $18M | 59/100 | |
10th |  Picogrid 2020, Hawthorne (United States), Series A | Monitoring systems for critical infrastructure, defense, and wildfire prevention | $57.3M | 58/100 |
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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, 1 of them has been about company updates.
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Picogrid has filed a notice of an exempt offering of securities to raise $44,999,949.00 in New Funding.intelligence360•Aug 07, 2026•Picogrid
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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 has filed a notice of an exempt offering of securities to raise $12,319,995.00 in New Equity Investment.intelligence360•Apr 06, 2024•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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