Full-Time
Gridmatic
51-200 employees
AI-driven optimization for renewable energy assets
Compensation Overview
$180k - $250k/yr
Senior
Cupertino, CA, USA
Most of the company works in our Cupertino office 2 or 3 days a week.
- 5+ years of software engineering experience
- Previous startup work experience
- Built new products from scratch, from spec to design and implementation
- Very comfortable in both backend and frontend work
- Proficient in building scalable web applications on cloud infrastructure
- Proficient working with relational databases and data warehouses
- Worked with Python/React, or similar technologies
- Building the end-to-end platform to help make energy supply contracts possible
- Building the web frontend for customers to visualize and analyze their clean energy usage
- Building internal tools to allow for complex energy contract pricing based on AI forecasting
- Building the data infrastructure to balance clean energy resources against customer usage
Gridmatic optimizes the performance and profitability of renewable energy assets using artificial intelligence. The company serves three main types of clients: renewable energy generators, storage operators, and consumers of renewable energy. For energy generators, Gridmatic predicts energy prices and manages risks to help them maximize returns in electricity markets. For storage operators, it optimizes revenue and minimizes risks associated with battery systems, which are increasingly important in the energy grid. For consumers, Gridmatic helps reduce energy costs and meet procurement goals, making clean energy more accessible. The company combines technology with market expertise, generating revenue through its AI-driven services that enhance efficiency and profitability. By predicting market trends and optimizing energy transactions, Gridmatic contributes to the decarbonization of the energy grid while supporting its clients' success.
Company Size
51-200
Company Stage
Early VC
Total Funding
$6M
Headquarters
Cupertino, California
Founded
2020
Simplify's Take
What believers are saying
- Increased interest in AI-driven energy solutions boosts partnerships with energy providers.
- The Inflation Reduction Act offers tax incentives, enhancing Gridmatic's financial attractiveness.
- Advancements in battery technology improve storage efficiency, aligning with Gridmatic's focus.
What critics are saying
- Increased competition from AI-driven energy optimization companies may erode market share.
- Regulatory changes in Texas could impact operations as a Retail Electric Provider.
- Cybersecurity threats to AI systems pose risks to data integrity and reliability.
What makes Gridmatic unique
- Gridmatic uses AI to optimize renewable energy asset performance and profitability.
- The company offers tolling, offtake, and supply contracts for clean energy assets.
- Gridmatic is a licensed Retail Electric Provider in Texas, enhancing market credibility.
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Benefits
Hybrid Work Options
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↓ -1%2 year growth
↓ -7%US AI-enabled power marketer Gridmatic has completed the fundraising for its first energy storage fund which will oversee the management of up to 500 MW of