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§ Private Profile · Vancouver, BC, Canada
Energy technology providing software and services for grid management, distributed energy resources, virtual power plants.
Generac Grid Services, based in Waukesha, Wisconsin, United States, develops advanced technology solutions for grid management and energy resilience with a primary focus on distributed energy resources and virtual power plants. The organization provides software and specialized power management tools that enable utilities and energy providers to optimize grid stability while integrating renewable energy sources into existing infrastructure. Operating as a specialized technology division, the entity is supported by its parent company, Generac Holdings Inc., which generates annual revenues exceeding $4 billion across its global operations. The broader corporate group also delivers residential standby generators and portable power systems to homeowners, small businesses, and utilities, maintaining a prominent market position as a constituent of the S&P 500 index and trading publicly on the NYSE. The overarching enterprise was originally founded in 1959 by entrepreneur Robert Kern.
Generac Grid Services has raised $54.0M across 7 funding rounds.
Generac Grid Services has raised $54.0M in total across 7 funding rounds.
Generac Grid Services has raised $54.0M in total across 7 funding rounds.
Generac Grid Services's investors include Melissa Cheong, Chrysalix Venture Capital, Cota Capital, FJ Labs, GE Ventures, Giant Ventures, Hoxton Ventures, Marc van den Berg, Summit Partners, VSC Ventures, Grant Allen, Mathew Sachs.
Generac Grid Services has raised $54.0M across 7 funding rounds. Most recently, it raised $6.0M Series B in July 2017.
Generac Grid Services is a technology company specializing in energy management solutions for optimizing grid performance and enabling a sustainable energy ecosystem.[1][2] It develops software, hardware, and services—including its core Concerto™ platform—to orchestrate distributed energy resources (DERs), balance supply and demand in real time, and support utilities in managing high-demand scenarios.[1][2] The company serves energy providers, retailers, consumers, electric utilities, and grid operators, addressing challenges like renewable integration, EV load management, and grid resiliency.[1][2][3] Founded in 1959 and based in Denver, Colorado, it has raised $50M in funding and remains active at the grant stage, with recent partnerships like those with NREL for grid integration testing.[1]
Generac Grid Services traces its roots to 1959, establishing a long history in energy technology before evolving into its current focus on advanced grid management.[1][3] Backed by Generac, a trusted name in reliable power solutions, the company has grown to deliver scalable software for modern grids, emphasizing sub-second speed and unlimited precision for DERs.[2][3] A pivotal moment came in recent years with $50M in funding raised about two years ago, fueling developments like Concerto™ and collaborations such as the 2024 NREL partnership with utilities like Dominion Energy and Colorado Springs Utilities to test high-demand grid scenarios.[1]
Generac Grid Services rides the global shift to renewable energy and DERs, where rising electrification—from EVs to solar—strains traditional grids, demanding real-time flexibility.[1][2] Timing aligns with accelerating clean energy mandates and DOE initiatives, as seen in its 2024 NREL collaboration testing high-demand resilience.[1] Market forces like utility decarbonization, smart cities (tagged in 2,139 CB Insights items), and AI-driven optimization favor its solutions over competitors like Camus Energy or EQuota Energy, which focus on narrower niches.[1] It influences the ecosystem by enabling utilities to integrate resources scalably, fostering sustainable grids and supporting broader adoption of green tech.
Generac Grid Services is poised to expand with growing DER adoption and grid modernization demands, potentially scaling Concerto™ through more utility partnerships and EV-focused programs.[1][2][4] Trends like AI-enhanced forecasting, hurricane-season resiliency, and automated charging will shape its path, amplifying its role in zero-carbon transitions.[1][4] Its influence may evolve by powering smarter cities and resilient infrastructure, unlocking more sustainable energy for a distributed world—building directly on its mission to get more power from the grid today.[2]