Acquired

GridPoint Stock

GridPoint is a clean tech company delivering a comprehensive suite of hardware and software, and other related services.

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About GridPoint Stock

GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate 10-30% energy savings and an 18-36 month payback. GridPoint solutions are deployed at over 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include: 7 of the top 20 quick serve restaurants, 4 of the top 10 casual dining restaurants, 3 of 20 convenience growth chains, 7 of 10 top 10 retailers by total sales, leading commercial and industrial enterprises and major government and educational institutions.

Funding History

May 2006$16.0M
September 2006$21.0M
October 2007$48.5M
March 2008$15.0M
September 2008$120M
March 2009$0
August 2010$10.0M
January 2011$23.6M
July 2012$23.3M
July 2014$22.2M

Management

Senior Vice President, Data Services and PMO

Jeffrey Hatef

Executive Vice President and Chief Financial Officer

Joseph Chinnici

Senior Vice President, Operations

Laurene Mitehell

General Council

Denis A. Curran

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