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Smart Wires - About the company

Smart Wires is a series E company based in Union City (United States), founded in 2010. It operates as a Provider of technology to enhance electric grid capacity and flexibility. Smart Wires has raised $280M in funding from investors like RiverVest Venture Partners, BP Energy Partners and Lime Rock New Energy. The company has 6 active competitors, including 2 that are funded. Its top competitors include companies like Switched Source, Blixt and Infosec.

Company Details

Provider of technology to enhance electric grid capacity and flexibility. The company offers solutions for actively managing power flows and reducing congestion. These technologies create firm capacity on existing transmission assets. The company's offerings enable a faster, more cost-efficient path to meet growing energy demand with clean energy generation.
Social
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Email ID
*****@smartwires.com
Phone Number
+1 **********
Key Metrics
Founded Year
2010
Location
Union City, United States
Stage
Series E
Total Funding
$280M in 12 rounds
Latest Funding Round
Ranked
Employee Count
96 as on Apr 30, 2026
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Smart Wires's funding and investors

Smart Wires has raised a total funding of $280M over 12 rounds. Its first funding round was on Apr 23, 2012. Its latest funding round was a PE round on Jan 29, 2025 for $*****. 2 investors participated in its latest round. Smart Wires has 11 institutional investors.

Here is the list of recent funding rounds of Smart Wires:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2025
6911827
PE
9952865
7483840
5921836
2928572
Jan 02, 2020
8628798
Series E
1056441
9149959
9916628
2510307
Oct 01, 2019
9234312
Grant (prize money)
1136674
6850050
9093301
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Smart Wires' founders and board of directors

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Here are the details of Smart Wires' key team members:

Smart Wires' Board of Directors

Smart Wires's board has 24 active members. Mark Lewis, Jane Lindner, Tony Arnerich, Nicholas Walrod, Thomas Voss, Gregg Rotenberg, Stewart Ramsay, James C David, James C Davis, Frederick Buckman, Mark Freyman, Haroon Inam, Anthony Arnerich, Alexandra Pressman, Woody Gibson, Frederick W. Buckman, Steven Specker, Christopher M. Bass, Randy Sprout, Christopher Bass, Frank Kreikebaum, Frederick W Buckman, Gregory Tibbitts and Jay Schmelter are independent board members.
Here is the list of Smart Wires' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 4m
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Independent board member
-
Current
2y 3m
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Independent board member
-
Current
9y 4m
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Independent board member
-
Current
6y 8m
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Independent board member
-
Current
4y 8m
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Independent board member
-
Current
6y 7m
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Independent board member
-
Current
1y 3m
fiwims{
Independent board member
-
Current
6y 8m
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Independent board member
-
Current
6y 5m
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Independent board member
-
Current
3y 7m
qowzikz
Independent board member
-
Current
9y 9m
fvriqmd
Independent board member
-
Current
2y 7m
qlhdmvf
Independent board member
-
Current
8y 1m
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Independent board member
-
Current
8y 6m
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Independent board member
-
Current
2y 9m
hbrsv{j
Independent board member
-
Current
6y 8m
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Independent board member
-
Current
9y 3m
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Independent board member
-
Current
9y 9m
mbgsyaw
Independent board member
-
Current
6y 5m
r{stbpz
Independent board member
-
Current
7y 3m
plfexno
Independent board member
-
Current
2y 3m
pvbwhlq
Independent board member
-
Current
4y 4m
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Independent board member
-
Current
5y 9m
upictal
Independent board member
-
Current
8y 5m

Smart Wires' employee count trend

Smart Wires has 96 employees as of Apr 26. Here is Smart Wires's employee count trend over the years:
Employee count trend for Smart Wires
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Smart Wires's Competitors and alternates

Top competitors of Smart Wires include Switched Source, Blixt and Infosec. Here is the list of Top 10 competitors of Smart Wires, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smart Wires
Smart Wires
2010, Union City (United States), Series E
Provider of technology to enhance electric grid capacity and flexibility
$280M
59/100
2nd
Logo for Switched Source
Switched Source
2016, Vestal (United States), Funding Raised
Developer of hardware-based system for distributed energy resources
-
41/100
3rd
Logo for Blixt
Blixt
2018, Stockholm (Sweden), Seed
Developer of programmable power infrastructure for electrical distribution systems
$5.43M
40/100
4th
Logo for Infosec
Infosec
1991, Sautron (France), Unfunded
Manufacturer of power protection equipment, including uninterruptible power supplies
-
-
28/100
5th
Logo for Faraday Grid
Faraday Grid
2016, Edinburgh (United Kingdom), Deadpooled
Offering autonomous and responsive transformer like solution
$32.5M
26/100
6th
Logo for KAIZEN platform
KAIZEN platform
2013, Shinjuku (Japan), Early Stage
Developer of software that increases transmission capacity and enhances reliability
$17.8M
-
25/100
7th
Logo for Sensorzoid
Sensorzoid
Kolkata (India), Unfunded
Manufacturer of condition-based monitoring systems for electrical asset protection
-
-
16/100
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Smart Wires's Investments and acquisitions

Smart Wires has made no investments or acquisitions yet.

News related to Smart Wires

lockFilter this list
Media has covered Smart Wires for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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FAQs about Smart Wires

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