Withthegrid

Withthegrid

Real-time monitoring and control for energy infrastructure.

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DateInvestorsAmountRound
-investor investor

€0.0

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€0.0

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€2.0m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-11 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Withthegrid
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Based in the Netherlands, Withthegrid is a technology company founded in 2016 by Paul Mignot, Rob Everhardt, Jeroen de Bruijn, and Steven Hulshof. The founders' hands-on experience in energy infrastructure management led them to establish the company to address the need for improved efficiency and asset flexibility for a sustainable energy system. The company originated after the founding team won the Intel Hackathon in Amsterdam in 2017.

Withthegrid operates on a subscription-based business model, providing IoT and AI-based asset intelligence platforms to utility service providers, grid operators, and energy asset owners. The company's offerings are designed to monitor critical infrastructure and manage renewable energy assets in real-time. It generates revenue through platform access fees and additional service offerings.

The company offers two main products: the Asset Monitoring Platform (AMP) and the Teleport Gateway. The AMP is a cloud-based platform for grid operators to digitalize and monitor critical infrastructure like pipelines and cables, using IoT integration, data visualization, and anomaly detection to prevent failures. The Teleport Gateway is a hardware solution that acts as a local Energy Management System (EMS). It provides traders and asset owners with remote control over a wide range of energy assets, including solar panels, wind turbines, batteries, and EV charging stations, supporting over 450 asset types. This enables services like behind-the-meter optimization, virtual power plant support, and compliance with grid operator requirements.

Since its founding, Withthegrid has secured multiple rounds of funding, totaling over €4.5 million. A significant funding round in March 2025 raised €3.5 million from Move Energy, Rabobank, and Nationaal Groenfonds to accelerate product development and support European expansion. The company has formed strategic partnerships with Vattenfall, Tibo Energy, and Scholt to deliver end-to-end energy management systems.

Keywords: energy asset management, grid monitoring, IoT infrastructure, real-time asset control, renewable energy systems, energy flexibility, asset intelligence platform, Teleport Gateway, smart grids, utility service providers, energy traders, grid operators, anomaly detection, behind-the-meter optimization, virtual power plant, cleantech, energy analytics, distribution system operators, power quality monitoring, EV charger management

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