GridPoint
GridPoint is a private energy intelligence company that operates a cloud-based IoT platform connecting HVAC, refrigeration, lighting, and EV chargers in commercial buildings to optimize energy use and aggregate demand flexibility for utility grid services, primarily serving multi-site enterprise operators across restaurants, retail, and auto dealerships via a subscription EMaaS model across 20,000+ buildings.
- Company typePrivate
- Founded2003
- HeadquartersArlington, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What GridPoint does
GridPoint, founded in 2003 and headquartered in Reston, Virginia, is a private energy intelligence company that builds and operates a cloud-based platform called GridPoint Intelligence for managing and optimizing energy use across commercial buildings. The platform connects building assets — HVAC systems, refrigeration, lighting, and EV chargers — to the electric grid through proprietary IoT sensors, submeters, and gateways, then applies machine learning, data analytics, and intelligent automation to deliver real-time equipment-level visibility, automated anomaly detection, HVAC health monitoring, and grid-interactive demand flexibility. GridPoint also operates the GridPoint Intelligent Energy Network, a decentralized virtual power plant (VPP) that aggregates networked commercial buildings into dispatchable capacity for utility demand response and grid services markets, with a stated goal of reaching gigawatt scale by 2035.
GridPoint's primary revenue model is Energy Management as a Service (EMaaS), a subscription offering that bundles hardware, installation, software, and managed service into a single monthly payment structured to be lower than the energy savings generated, enabling near-immediate customer ROI. A secondary usage-based revenue stream comes from aggregating commercial building loads to participate in utility demand response and grid services markets. The company goes to market through enterprise field sales and inside sales motions targeting multi-site commercial operators across restaurant groups, retail chains, convenience stores, auto dealerships, financial institutions, and entertainment venues, with additional distribution through utility demand response program partnerships. Named customers include Wendy's, Burger King franchisees (TOMS King, Five Star), Panda Express, Walgreens, VF Outlet, a national movie theater chain, and multi-site auto dealerships such as New Jersey Auto Mall. GridPoint is also expanding internationally via a strategic regional partner channel into Japan and South Korea following a March 2025 funding round.
The company is backed by institutional investors including Goldman Sachs Asset Management, Shell Ventures, Mitsubishi Corporation (through its climate fund), and Marunouchi Innovation Partners, and has secured a $150 million credit facility from HASI to scale deployment from roughly 20,000 commercial buildings today toward a stated target of 150,000+ buildings. Cumulative customer energy savings are approaching $1.5 billion across the deployed portfolio, with 18.5 billion+ pounds of CO2 avoided. The company is led by CEO Derek Booth (since 2025), who succeeded long-tenured CEO Mark Danzenbaker, with founder Peter Corsell serving as Chairman.
GridPoint firmographics
Firmographics- Name
- GridPoint
- Legal name
- GridPoint, Inc.
- Website
- https://gridpoint.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- GridPoint is a private energy intelligence company that operates a cloud-based IoT platform connecting HVAC, refrigeration, lighting, and EV chargers in commercial buildings to optimize energy use and aggregate demand flexibility for utility grid services, primarily serving multi-site enterprise operators across restaurants, retail, and auto dealerships via a subscription EMaaS model across 20,000+ buildings.
- Ownership category
- akta.pro rank
GridPoint industry classification
Industry- Product category
- Energy Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Electric Power Transmission, Control, and Distribution (22112), Electric Bulk Power Transmission and Control (221121)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Electric Services (4911)
- akta.pro primary industry
- Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)
- akta.pro secondary industries
- Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH), DERMS/ADMS & Grid Operations Software Integration (Dispatch, Constraint Mgmt) (EUAMAIAG), Grid Analytics, Forecasting & Decision Support (Load/DER/Outage) (EUADAEAI)
Keywords
Where GridPoint is headquartered
LocationHeadquarters
- HQ city
- Arlington
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
GridPoint business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Energy Management as a Service (EMaaS) Subscription: GridPoint's primary revenue model is a subscription-based Energy Management as a Service (EMaaS) offering. It bundles installation, equipment, software, and service into a single monthly payment deliberately structured to be lower than the energy savings generated. This model enables near-immediate ROI for customers from the first month, requires no upfront capital investment, and supports land-and-expand dynamics as customers add sites and services over time.
- Grid Services and Demand Response Revenue: GridPoint generates revenue by aggregating commercial building loads to participate in demand response programs and grid services markets. Utilities engage GridPoint to run demand response events and GridPoint enrolls commercial customers to deliver curtailment capacity, earning payments from grid services participation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free Energy Analysis |
| Subscription | Monthly | Three-Month Pilot Program |
| Subscription | Monthly | Out-of-the-Box or Customized Packages |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
GridPoint product offering
Product offeringCore offering
GridPoint sells a cloud-based energy intelligence platform called GridPoint Intelligence that connects building assets (HVAC, refrigeration, lighting, EV chargers) to the electric grid via IoT sensors, submeters, and gateways. The platform captures real-time equipment-level data, automates building operations, detects anomalies, and aggregates buildings into a distributed virtual power plant for grid services. The company delivers its solutions primarily through an Energy Management as a Service (EMaaS) subscription model that bundles hardware, software, installation, and managed services into monthly payments.
Product overview
GridPoint offers a unified energy intelligence platform called GridPoint Intelligence that serves both businesses and utilities. The platform is built around core modules including Energy Efficiency (HVAC, lighting, refrigeration monitoring and control), Operational Efficiency (anomaly detection, HVAC health monitoring, asset control), Demand Management (automated demand response, peak pricing optimization), Sustainability (carbon reporting, CO2 tracking), and Grid Services (Virtual Power Plant aggregation via the GridPoint Intelligent Energy Network). The company delivers its solutions primarily through an Energy Management as a Service (EMaaS) subscription model bundling hardware, software, installation, and managed services. Two login portals exist: the GridPoint Intelligence Platform (primary) and the Legacy GEM Platform.
Differentiator
Problem solved
Functional benefit
Brands
- GridPoint Intelligence: The company's intelligent energy management platform that provides real-time visibility into building operations, automated optimization of HVAC, lighting, and refrigeration, and connects buildings to the grid for demand response capabilities.
- GridPoint Intelligent Energy Network
Products and services
- GridPoint Intelligence Platform Cloud-based energy intelligence platform that integrates with existing building assets (HVAC, refrigeration, lighting, EV chargers) to optimize commercial building energy use. Captures real-time granular equipment-level data, automates building operations, detects anomalies, and enables grid-interactive demand flexibility for multi-site commercial operators and utilities.
- Energy Management as a Service (EMaaS) Subscription-based managed energy management offering that bundles hardware installation, equipment, software, and ongoing service into a single monthly payment structured to be lower than the energy savings generated, enabling near-immediate ROI from the first month of deployment.
- Legacy GEM Platform Legacy energy management platform maintained for existing GridPoint customers, representing the previous generation of the company's energy management software offering.
Quantifiable outcome
- $1.5 billion in cumulative customer energy savings across 20,000+ buildings
- +8 more outcomes
Companies that use GridPoint
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles3 records
GridPoint technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature7 records
GridPoint partnerships and signals
Strategic signalScale indicators19 records
Recent moves7 records
Expansion highlights6 records
GridPoint competitors and assessment
Company assessmentBroad incumbents
- Johnson Controls: Johnson Controls' OpenBlue platform provides building energy management, HVAC optimization, and demand response capabilities to commercial buildings globally. It is a broad incumbent that overlaps with GridPoint's energy intelligence and EMaaS offerings as part of a much larger building automation portfolio. The fact that GridPoint's current CEO Derek Booth spent a notable tenure at Johnson Controls underscores the direct comparability.
- Schneider Electric: Schneider Electric's EcoStruxure Building platform and Resource Advisor energy management suite serve large multi-site commercial customers with energy optimization, sustainability reporting, and demand response — directly comparable to GridPoint's building-level energy intelligence and grid services offerings. Schneider also has a global footprint and adjacent DERMS capabilities.
- Honeywell: Honeywell Forge for Buildings combines BMS, energy management, and analytics for commercial real estate and multi-site retailers. It competes head-to-head with GridPoint in retail, QSR, and large multi-site commercial accounts, with a much larger installed base and bundled hardware/software portfolio.
- Siemens Smart Infrastructure: Siemens Navigator and Desigo CC platforms provide energy and building management for commercial and industrial facilities globally. Siemens overlaps with GridPoint on building energy optimization, demand response, and grid-edge analytics as part of a much broader building technologies and grid software portfolio.
- Enel X Way (formerly Enel X): Enel X (now reorganized; the demand response and energy management business was integrated into Enel Group and partly divested) historically operated a major commercial demand response, energy efficiency, and DERMS business in North America and globally. It was one of the largest direct competitors to GridPoint in commercial DR aggregation, with a global utility parent providing capital advantages.
Direct peers
- Uplight: Uplight operates an energy management and customer engagement platform that connects utilities with end customers, including demand response, DER orchestration, and behavioral energy efficiency. After acquiring AutoGrid, Uplight became one of the closest direct peers to GridPoint's grid services / VPP aggregation business, with similar utility-side GTM and a comparable customer-utility two-sided model.
- EnergyHub: EnergyHub provides a DERMS platform used by utilities to manage residential and commercial demand response, smart thermostats, batteries, and EV chargers. It is a direct peer in the VPP/DR orchestration space that competes with GridPoint's Grid Services and Intelligent Energy Network offering on the utility side of the market.
- Stem Inc. Stem operates a clean energy AI platform and VPP that aggregates behind-the-meter batteries, solar, and flexible loads to provide grid services and demand response. It is a direct peer in the distributed VPP and grid services space, though Stem is more storage-centric while GridPoint emphasizes HVAC and refrigeration load.
Others
- Veritone (formerly身前; now via acquisitions: Broadbean, etc.): Not a direct peer — included to flag this is an uncertain inclusion. Omitted.
Emerging players
- 75F: 75F provides IoT-based HVAC and building automation solutions for light commercial buildings, with a focus on predictive comfort, energy savings, and cloud-based controls. It is an emerging player that overlaps with GridPoint in the small/mid-market commercial energy management segment, though without the same VPP/grid services offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
GridPoint social profiles
Digital presenceGridPoint compliance and trust
Trust signalCompliance1 record
GridPoint financial estimates
Financial estimateRevenue estimate
Valuation estimate
GridPoint leadership team
Management profileNumber of profiles
Profiles12 records
GridPoint funding detail
Funding detailFunding overview
Funding rounds14 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GridPoint M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GridPoint
What does GridPoint do?
GridPoint sells a cloud-based energy intelligence platform called GridPoint Intelligence that connects building assets (HVAC, refrigeration, lighting, EV chargers) to the electric grid via IoT sensors, submeters, and gateways. The platform captures real-time equipment-level data, automates building operations, detects anomalies, and aggregates buildings into a distributed virtual power plant for grid services. The company delivers its solutions primarily through an Energy Management as a Service (EMaaS) subscription model that bundles hardware, software, installation, and managed services into monthly payments.
Is GridPoint a public or private company?
GridPoint is a private company. It is classified as venture growth investor backed and is currently operating.
When was GridPoint founded?
GridPoint was founded in 2003. It employs 101 to 250 people.
Where is GridPoint based?
GridPoint is headquartered in Arlington, United States, in the North America region.
How does GridPoint make money?
Two revenue lines are on record. Energy Management as a Service (EMaaS) Subscription is the primary driver. The others are grid Services and Demand Response Revenue.
Who are GridPoint's main competitors?
Broad incumbents on record are Johnson Controls, Schneider Electric, Honeywell, Siemens Smart Infrastructure and Enel X Way (formerly Enel X). Direct peers are Uplight, EnergyHub and Stem Inc.. Veritone (formerly身前; now via acquisitions: Broadbean, etc.) is listed as an others. 75F is listed as an emerging player.
Does GridPoint have an API?
No public API is recorded for GridPoint.
What industry is GridPoint in?
GridPoint's product category is Energy Management Software. Its primary akta.pro industry code is EUAEANAI, Grid Data & Analytics Enablement (MDM, Data Integration, Hosting), with a secondary code of EUADAFAH, Customer Energy Engagement (In-Home Displays, Portals, Usage Insights). Its NAICS code is 51821 and its SIC code is 7372.