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GridPoint: Energy management solutions for commercial buildings and utilities, offering hardware, software, and services for efficiency.
GridPoint, based in Reston, Virginia, provides data-driven energy management solutions, encompassing building management systems, equipment-level submetering hardware, and software analytics for enterprises and government agencies. The company's clean technology services help clients, including electric utilities, maximize energy savings and efficiency to achieve sustainability goals through edge-of-grid applications and a subscription-based business model. In early 2024, Derek Booth joined as Chief Operating Officer, bringing 16 years of experience from Johnson Controls, before being appointed CEO in 2025, succeeding Mark Danzenbaker, who transitioned to a Board Advisor role after leading the adoption of the subscription model. GridPoint expanded its technology portfolio in 2007 with the acquisition of ADMMicro, a developer of energy management technology. Key figures include founder and chairman Peter Corsell and board member Dan Gold. GridPoint was founded in 2003 by Peter L. Corsell.
GridPoint has raised $293.6M across 4 funding rounds.
GridPoint has raised $293.6M in total across 4 funding rounds.
GridPoint has raised $293.6M in total across 4 funding rounds.
GridPoint's investors include Hannon Armstrong, Goldman Sachs.
GridPoint has raised $293.6M across 4 funding rounds. Most recently, it raised $45.0M Other Equity in March 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 31, 2025 | $45.0M Other Equity | ||
| Jun 21, 2023 | $150.0M Debt | Hannon Armstrong | |
| Mar 1, 2022 | $75.0M Other Equity | Goldman Sachs | |
| Jan 14, 2011 | $23.6M Series E Extension |