GridPoint

GridPoint

Subscription-based energy management and EV charging

Overview

GridPoint provides an energy management platform that helps commercial properties, property managers, and utility partners improve energy efficiency and resiliency. Its subscription-based model gives customers access to tools that monitor and control energy use, deliver actionable insights, and optimize consumption from day one without upfront hardware costs. The company also offers building-centric EV charging solutions, monitoring usage and peak demand to reduce costs and enable revenue opportunities through demand response programs. Unlike some competitors that require large upfront investments, GridPoint focuses on ongoing savings, easier adoption, and a path to a more stable and sustainable power grid. The overall goal is to lower energy bills for clients while contributing to grid stability and sustainability.

Significant Headcount Growth

About GridPoint

Simplify's Rating
Why GridPoint is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Energy

Enterprise Software

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$579.4M

Headquarters

Reston, Virginia

Founded

2003

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Simplify's Take

What believers are saying

  • March 2026 customer savings neared $1.5 billion, validating GridPoint's value proposition.
  • March 2025 funding added $45 million for Japan and South Korea expansion.
  • Electricity prices hit decade highs in 2026, accelerating demand for GridPoint's efficiency software.

What critics are saying

  • GridPoint still depends on financing partners like HASI; tighter credit would stall deployments.
  • Large-account rollouts, like Panda Express, create customer concentration and renewal pressure by 2027.
  • Schneider Electric, Johnson Controls, and Honeywell can bundle rivals into broader facilities contracts.

What makes GridPoint unique

  • GridPoint spans 20,000+ buildings, combining controls, analytics, EV charging, and demand response.
  • Derek Booth became CEO in April 2025, bringing Johnson Controls execution discipline.
  • The Panda Express rollout covers nearly 2,500 U.S. locations after a 200-store pilot.

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Funding

Total Funding

$579.4M

Above

Industry Average

Funded Over

14 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

7%
Affinity Group Publishing
Jun 16th, 2026
The Top Energy Management Software vendors according to the FeaturedCustomers Summer 2026 Customer Success Report.

The Top Energy Management Software vendors according to the FeaturedCustomers Summer 2026 Customer Success Report. FeaturedCustomers releases the Summer 2026 Energy Management Software Customer Success Report. COOPER CITY, FL, UNITED STATES, June 16, 2026 / EINPresswire.com / - Today FeaturedCustomers published the Summer 2026 Energy Management Software Customer Success Report to give prospects better insight on which Energy Management Software would work best for their business according to real customer references. The highest rated vendors according to the Summer 2026 Energy Management Software Customer Success Report are: Market Leaders - Ameresco, Atrius, EnergyCAP, ETAP, GridPoint, IGS Energy, Landis+Gyr, PSI Software, Schneider Electric, and Stem were given the highest "Market Leader" award. Market Leaders are vendors with a substantial customer base & market share. Market Leaders have the highest ratio of customer reference content, content quality score, and social media presence relative to company size. Top Performers - 360 Energy, Arcadia, BrainBox AI, EnergyElephant, ENTOUCH, Galooli, Gridium, Powerhouse Dynamics, ResourceKraft, Spacewell Energy, Survalent, Uplight, and Veolia were awarded "Top Performer" honors. Top Performers are vendors with significant market presence and enough customer reference content to validate their vision. Top Performers' products are highly rated by its customers but have not achieved the customer base and scale of a Market Leader relative to company size. Rising Stars - aedifion, CIM, Clockworks, Analytics, Energiency, Ento, Evergen, and MRI eSight were awarded the "Rising Star" honor. Rising Stars are vendors that do not have the market presence of Market Leaders or Top Performers but understand where the market is going and has disruptive technology. Rising Stars have been around long enough to establish momentum and a minimum amount of customer reference content along with a growing social presence. About the Summer 2026 Energy Management Software Customer Success Report: The customer success report is based on over 2,000 pieces of verified customer reference content. A vendor's overall customer success score is reached via a weighted average of their Content, Market Presence, and Company Scores. Of the vendors listed in the FeaturedCustomers' Energy Management Software category, 31 vendors met the minimum requirements needed to be considered for the customer success report. About FeaturedCustomers: FeaturedCustomers, the world's only customer reference platform for B2B business software and services, helps potential B2B buyers research and discover business software and services through vendor validated customer reference content such as customer testimonials, success stories, case studies, and customer videos. Every day the platform helps influence the purchasing decisions of thousands of B2B buyers in the final stages of their buying cycle from Fortune 500 companies to SMB's. For more information, visit https://www.featuredcustomers.com. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Energy News do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Read Magazine
Apr 11th, 2025
GridPoint announced the appointment of Derek Booth as CEO

GridPoint announced the appointment of Derek Booth as CEO.

The Financial Analyst
Mar 27th, 2025
GridPoint Secures $45M to Boost Global Energy Grid Modernization

GridPoint secures $45M to boost global energy grid modernization.

ESG Today
Mar 27th, 2025
GridPoint Raises $45M for Global Expansion

GridPoint, a building energy management company, raised $45 million to support international expansion. The funding includes a $20 million investment from Marunouchi Innovation Partners, a climate tech fund by Mitsubishi Corporation. This investment will aid GridPoint's entry into Japan and South Korea. GridPoint's technology aims to decarbonize buildings and stabilize grids, addressing challenges like increased electricity demand and aging infrastructure.

Citybiz
Mar 27th, 2025
GridPoint Secures $45M Funding for Expansion

GridPoint, a leader in energy management technology, has raised $45M in funding, led by Marunouchi Innovation Partners (MIP) with a $20M investment. This funding will accelerate GridPoint's growth and facilitate expansion into Japan and South Korea. GridPoint's platform helps decarbonize commercial buildings and enhance grid capacity. Other investors include Goldman Sachs and Shell Ventures. MIP aims to support GridPoint's impact on the North American market and global expansion.

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