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Gridco Systems

Boston, United States · $24.5M raised

Business Model
B2B
Total Funding
$24.5M
Last Round
$12.0M Venture RoundOct 2016
Rounds
2

About

Gridco Systems developed digital power electronics and utility-scale power management systems that help utilities integrate renewable and distributed energy resources into the grid. Founded by Sycamore Networks founder Naimish Patel and based in the Boston area, the company was backed by investors including General Catalyst Partners, North Bridge Venture Partners, and RockPort Capital, and its devices were deployed by utilities such as Hawaiian Electric to stabilize voltage fluctuations from rooftop solar.

Summary

Gridco Systems is a Climate Tech company based in Boston, United States. It has raised $24.5M in total across 2 rounds, most recently a $12.0M Venture Round round in Oct 2016. Investors include General Catalyst.

Funding History

Venture RoundVenture RoundOct 2016
$12.0M

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Series A through Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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