Gridware
Creating a future where suburban wildfires are a thing of the past.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $26.4m | Series A | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 58 % | 175 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Gridware provides a technology platform for real-time monitoring of electrical grid assets. The company's system allows utilities to detect and predict potential hazards, aiming to reduce the risk of wildfires sparked by equipment failures.
By deploying a network of sensors directly onto power poles, Gridware's hardware gathers data on the health and status of the infrastructure. This data is analyzed to provide utilities with early warnings of faults, which helps them to carry out preventative maintenance and improve overall grid reliability and resilience. The primary clients are utility companies, particularly those operating in areas prone to wildfires. The business model is centered on providing this monitoring service to enhance safety and prevent large-scale damage and financial liabilities associated with grid-related disasters.
Keywords: grid monitoring, wildfire prevention, utility infrastructure, sensor network, fault detection, predictive maintenance, grid resilience, public safety, energy hardware, hazard detection