Gridx Closes $12M Series B Funding Led By Energy Impact Partners

May 25, 2021•about 4 years ago

Amount Raised

$12 Million

Round Type

series b

Milpitas

Description

GridX, Inc., a leading provider of cloud-based business operations support solutions to utilities and energy suppliers, today announced that it has closed its Series B funding in the amount of US $12 million led by Energy Impact Partners (EIP), a global investment platform leading the transition to a sustainable energy future. This financing accelerates the company’s product roadmap and drives market adoption.

Company Information

Company

Grid X

Location

Milpitas, California, United States

About

GridX, Inc. partners with utilities and energy suppliers to transform their businesses and accelerate the clean energy transition. The company’s Enterprise Rate Platform helps these organizations to develop new products and business models to achieve their clean energy goals; quickly operationalize new offerings in their billing and settlement processes; and better engage with their customers for broader program adoption. GridX’s platform is used by leading utilities, retail energy suppliers and energy ecosystem OEMs to serve more than 19 million homes and businesses. For more information, visit www.gridx.com.

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