Amount Raised
$40 Million
Round Type
Series C
Description
GridX, the leading enterprise rate platform provider to modern utilities and energy technology companies, today announced it has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform leading the transition to a sustainable energy future. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board of directors. GridX also announced that Chris Black has been appointed CEO of GridX. Both moves aim to speed the clean energy transition by accelerating the development of GridX’s leading rate analytics and complex billing solutions, and building out its sales and marketing, product, and engineering teams.
Quick answer
GridX raised $40 Million in a Series C round, dated April 14, 2022. GridX is based in Milpitas, California, United States.
- How much did GridX raise?
- GridX raised $40 Million in a Series C round on April 14, 2022.
- What does GridX do?
- GridX partners with utilities and energy suppliers to transform their businesses and accelerate the clean energy transition.
- Where is GridX based and how big is it?
- GridX is based in Milpitas, California, United States. Fundz records about 101 employees.
- Who are the decision-makers at GridX?
- Fundz holds 1 contact at GridX. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as GridX that raised within 45 days of this round, from Fundz verified event records.
- RE Royalties Ltd raised $1.3M (Seed) on May 26, 2022.
- Singularity Energy, Inc. raised $4.5M (Seed) on May 24, 2022.
- Charge Lab raised $15M (Funding Round) on May 19, 2022.
- Nouveau Monde Graphite raised an undisclosed amount (Corporate Round) on May 16, 2022.
- FREEWIRE TECHNOLOGIES, INC. raised $15M on May 11, 2022.
- SinglePoint Inc. raised $707K (Seed) on May 11, 2022.
Who to call at GridX, and when
A new round usually means GridX is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day GridX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at GridX, from your own LinkedIn network
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Fundz sees it the moment GridX raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
GridX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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