Microgrid Labs
Microgrid Labs is a Boulder, Colorado-based consulting and software company that provides the EVOPT platform and advisory services for commercial fleet electrification and microgrid planning, serving public transit agencies, school districts, and utilities in the U.S., India, and Europe.
- Company typePrivate
- Founded2017
- HeadquartersBoulder, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Microgrid Labs does
Microgrid Labs Inc (MGL) is a Boulder, Colorado-based consulting and software company specializing in commercial fleet electrification and microgrid planning. Founded by a team with over 100 years of combined power engineering and automation experience, the company serves U.S. public transit agencies, school districts, utilities, and commercial fleet operators, with delivery footprints extending to India and Europe.
Its core product is the EVOPT software suite, a modeling, simulation, and optimization platform co-developed with UC Berkeley and validated through NSF and Shell programs. The suite comprises three modules - EVopt Planner for planning and design (route energy analysis, battery and charger sizing, total cost of ownership, load profile generation), EVopt Simulator for virtual test-driving of future electric fleets, and EVopt Controller for real-time fleet management. The underlying physics-based algorithms ingest GTFS feeds, telematics, GPS, and 30 years of historical climate data to produce route energy estimates independently verified at +/-2% accuracy against real-world fleets. The company holds a pending international patent on EV charging infrastructure design and control.
The business combines a SaaS subscription model (EVopt Planner with Lite, Basic, Advanced, Pro tiers, including a freemium entry point) with professional services for fleet electrification and microgrid advisory engagements. Go-to-market is hybrid: enterprise field sales for large transit agencies and utilities, self-serve SaaS for engineering consultants and smaller fleets, and strategic channel partnerships with Jacobs, Landis+Gyr, CALSTART, EPRI, and Planning Communities. Notable customers include King County Metro, MBTA, BMTC (Bangalore), Tucson Electric Power, and Hazelwood School District, with 30+ projects completed across multiple countries. The company maintains offices in Colorado, North Carolina, California, and India.
Microgrid Labs firmographics
Firmographics- Name
- Microgrid Labs
- Legal name
- Microgrid Labs, Inc.
- Website
- https://microgridlabs.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Microgrid Labs is a Boulder, Colorado-based consulting and software company that provides the EVOPT platform and advisory services for commercial fleet electrification and microgrid planning, serving public transit agencies, school districts, and utilities in the U.S., India, and Europe.
- Ownership category
- akta.pro rank
Microgrid Labs industry classification
Industry- Product category
- Fleet Electrification Software
- NAICS
- Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Cogeneration Services & Small Power Producers (4991), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)
- akta.pro primary industry
- Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ)
- akta.pro secondary industries
- Microgrid EPC, Integration & Commissioning (Design-Build, Interconnection) (EUAFAJAI), Campus/Institutional Microgrids (Universities, Hospitals, Military) (EUACALAD), Remote/Off-Grid & Islanded Microgrids (Rural, Islands, Mining Camps) (EUACALAE)
Keywords
Where Microgrid Labs is headquartered
LocationHeadquarters
- HQ city
- Boulder
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Microgrid Labs business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Software Subscriptions: Software-as-a-service (SaaS) platform subscriptions for EVOPT Planner with tiered plans (Lite, Basic, Advanced, Pro). EVOPT Lite was released as free version in March 2021; EVOPT Planner Beta launched February 2023 with full commercial availability.
- Fleet Electrification Consulting Services: Customized analysis and advisory services for planning, design, deployment, and operations phases of fleet electrification. Provides tailored consulting support for complex projects requiring customized analysis beyond self-service software capabilities.
- Microgrid Advisory Services: Consulting services for microgrid planning including load analysis, baseline calculations, DER sizing, DER usage profile, and financial analysis. Supports microgrid projects through consulting and advisory services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Free tier for initial fleet electrification planning |
| Subscription | Annual | Commercial SaaS subscription for fleet planning |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Microgrid Labs product offering
Product offeringCore offering
Microgrid Labs sells the EVopt software suite, a SaaS platform that jointly models transportation and energy processes for fleet electrification planning, design, deployment, and operations. The platform combines physics-based energy modeling, battery and charger sizing, charging scenario simulation, total cost of ownership analysis, and digital twin capabilities. The company complements the software with fleet electrification and microgrid consulting and advisory services for transit agencies, school districts, utilities, and commercial fleet operators.
Product overview
Microgrid Labs offers the EVOPT software suite, a comprehensive platform for fleet electrification and microgrid planning. The core offering consists of three integrated modules: EVopt Planner for planning and design, EVopt Simulator for virtual testing, and EVopt Controller for real-time operations management. Complementing the software platform, the company provides Fleet Electrification Advisory Services and Microgrid Advisory Services for customized consulting support. The company also developed a Digital Twin Model capability for facility operations simulation.
Differentiator
Problem solved
Functional benefit
Brands
- EVopt: Comprehensive modeling, simulation, and optimization platform for fleet electrification, including EVopt Planner, EVopt Simulator, and EVopt Controller components for planning, design, deployment and operations of electric fleets.
Products and services
- EVopt Planner SaaS planning and design module for future electric fleets. Models depot charging, route feasibility, battery and charger sizing, load profile generation, total cost of ownership, emissions reduction, and rollout planning. Available with tiered plans (Lite free, Basic, Advanced, Pro) and a limited-time free trial for fleet managers.
- EVopt Controller Real-time fleet management module of the EVopt platform that actively manages operations by optimizing charging and vehicle dispatch processes. Enables continuous optimization as fleet transitions to electric.
- Fleet Electrification Advisory Services Consulting and advisory services providing tailored analysis and support throughout the planning, design, deployment, and operations phases of fleet electrification. Covers route analysis, battery sizing, charging infrastructure planning, total cost of ownership modeling, and grant application support for complex projects that exceed self-service software capabilities.
- Microgrid Advisory Services Expert guidance for microgrid planning, design, and implementation. Includes load analysis, baseline calculations, DER sizing, DER usage profile modeling, and financial analysis. Supports capital-intensive campus-level microgrid projects for military installations, universities, medical campuses, and business parks in collaboration with national laboratories such as LBNL.
Quantifiable outcome
- Algorithms verified with +/-2% accuracy against real-world fleets
- +3 more outcomes
Companies that use Microgrid Labs
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles5 records
Microgrid Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
Microgrid Labs partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Landis+GyrcoreStrategic alliance to provide electric utilities with comprehensive EV fleet planning and operations platform. The partnership enables utilities to efficiently advise and manage electrified vehicle fleets, from planning and design to managing day-to-day operations. Key focus on fleet right sizing, data-driven decision support, scalable solutions, strategic rollout planning, and grid flexibility management.
- Tucson Electric PowerminorPartnership to advance V2B technology for disaster response. Working together to support school districts in TEP service territory transition to electric buses while evaluating school buses as grid resource for V2G and V2B during peak demand or disaster events.
- Lawrence Berkeley National Lab (Bay Area)minorCollaboration to support Bay Area school district with fleet electrification and onsite energy resource planning. Pioneering grid-disconnected fleet charging allowing buses to serve as local distributed energy resource when grid is under strain.
- Sustainable GrandminorPartnership to ensure school bus charging leverages maximum carbon-free energy, utilizes onsite renewable generation, and promotes sustainability in Grand County, Colorado wildfire prone areas.
- Los Angeles Cleantech Incubator (LACI)minorMGL accepted into LACI's Market Access Program designed to support and accelerate growth of innovative clean technology companies. Program provides access to industry partners, investors, and strategic resources.
- Electric Power Research Institute (EPRI)coreMGL selected for EPRI's Incubatenergy Labs 2021 Cohort from over 250 international startups. Working with Ameren and school districts in St. Louis Metro Area to develop Zero Emissions Fleet Transition Plans using EVOPT software and Digital Twin Models. 16-week accelerated demonstration program focused on decarbonization and electrification.
- Enel XcorePartnership for MBTA bus electrification project. Enel X and MGL provide innovative electrification planning and analysis solution for 120-bus electric fleet and charging infrastructure in Quincy, Massachusetts. Collaboration on optimal sizing of vehicle powertrain, battery, charging infrastructure, and charging strategy.
- National Renewable Energy Laboratory (NREL)coreSelected for Shell GameChanger Accelerator powered by NREL (GCxN). Partnership to develop transformative energy technology addressing EV charging complexity and grid integration.
- Lawrence Berkeley National Laboratory (LBNL)corePartnership on multiple microgrid projects including $5M CEC grant for Camp Parks microgrid. LBNL leads projects with MGL as team member for assessment, planning, modeling and conceptual design. Also collaborating on Fort Hunter Liggett microgrid under ESTCP-funded project.
- University of California BerkeleycoreResearch partner for EVOPT software development. Co-developed proprietary fleet electrification software algorithms. Partner in international patent filing for Design and Control of Electric Vehicle Charging Infrastructure.
- Planning CommunitiescorePartnership with North Carolina-based consulting firm on multiple zero emission fleet transition plan projects including Greensboro Transit Agency, Everett Transit, Grant Transit Authority, and Hall Area Transit. MGL provides software and technical expertise while Planning Communities handles client relationships.
- CALSTARTcorePartnership for MassCEC's Vehicle Electrification Advisory Services for Fleets Program. MGL and CALSTART provide innovative electrification planning and analysis advisory services for 60 commercial fleets transitioning to all-electric fleets.
- World Resources Institute (WRI)corePartnership as part of Better e-Bus Challenge 2022 initiative by WRI India supported by TUMI e-bus Mission. MGL supported BMTC with deployment planning for 9 depots covering over 921 buses in Bangalore, India.
Scale indicators5 records
Recent moves6 records
Expansion highlights7 records
Microgrid Labs competitors and assessment
Company assessmentBroad incumbents
- Geotab: Geotab is a leading fleet telematics platform with millions of connected vehicles globally and a growing EV planning and fleet electrification analytics practice. It competes with MGL by bundling electrification planning into its existing fleet management SaaS, offering customers a single platform for telematics, route analysis, and EV transition planning.
- Samsara: Samsara is a publicly traded IoT/fleet management platform (NYSE: IOT) used by large enterprises for vehicle telematics, route optimization, and asset tracking. It has expanded into EV readiness and energy management features, competing with MGL's EVopt by serving similar transit and commercial fleet customers with a broader operations stack.
- GridPoint: GridPoint is an energy management and building/facility analytics platform that optimizes energy use across multi-site commercial and institutional portfolios. It overlaps with MGL's microgrid advisory and EVopt Controller work on building/fleet energy optimization, demand response, and DER orchestration.
- AutoGrid: AutoGrid (acquired by Uplight) provides DER optimization software for utilities and aggregators, including EV fleet charging coordination and demand forecasting. It is comparable to MGL's EVopt Controller and microgrid advisory offerings at the intersection of electrified fleets and grid management.
- Verizon Connect: Verizon Connect is an enterprise fleet management platform (telematics, route planning, EV readiness assessments) sold to commercial fleets and public agencies. It competes with MGL by offering fleet planning capabilities as part of a broader connected vehicle platform to similar transit and commercial fleet customers.
- Enel X Way (now Juice): Enel X Way (Juice) is a major EV charging network operator and fleet electrification solutions provider that was a former MGL partner on the MBTA project. As an incumbent charging and energy services player, it competes with MGL on integrated electrification planning, charging deployment, and managed charging services for large fleet operators.
Direct peers
- Stable Auto: Stable Auto provides EV fleet charging management software that optimizes depot charging, schedules, and demand response. It directly overlaps with EVopt Controller's real-time charging and dispatch optimization capabilities for fleet operators transitioning to electric vehicles.
- Highland Electric Fleets: Highland Electric Fleets electrifies school bus and transit fleets under a Transportation-as-a-Service model, including planning, vehicle procurement, charging infrastructure, and operations. It is a direct competitor in the same school district and transit agency customer segments that MGL targets with EVopt and consulting.
Emerging players
- Nuvve: Nuvve is a V2G software and services company that aggregates electric vehicles (especially school buses) into grid services markets. It overlaps with MGL's emerging V2B/V2G work with Tucson Electric Power and competes for the same customer relationships at the intersection of fleet electrification and grid services.
- CALSTART: CALSTART is a clean transportation nonprofit that runs fleet electrification programs (including MassCEC's Vehicle Electrification Advisory Services for Fleets with MGL as a partner). It competes in adjacent consulting, training, and program management services and could expand into the same software-enabled planning space as MGL.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Microgrid Labs social profiles
Digital presenceMicrogrid Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Microgrid Labs leadership team
Management profileNumber of profiles
Profiles8 records
Microgrid Labs funding detail
Funding detailFunding overview
Funding rounds6 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Microgrid Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Microgrid Labs
What does Microgrid Labs do?
Microgrid Labs sells the EVopt software suite, a SaaS platform that jointly models transportation and energy processes for fleet electrification planning, design, deployment, and operations. The platform combines physics-based energy modeling, battery and charger sizing, charging scenario simulation, total cost of ownership analysis, and digital twin capabilities. The company complements the software with fleet electrification and microgrid consulting and advisory services for transit agencies, school districts, utilities, and commercial fleet operators.
Is Microgrid Labs a public or private company?
Microgrid Labs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Microgrid Labs founded?
Microgrid Labs was founded in 2017. It employs 11 to 50 people.
Where is Microgrid Labs based?
Microgrid Labs is headquartered in Boulder, United States, in the North America region.
How does Microgrid Labs make money?
Three revenue lines are on record. SaaS Software Subscriptions are the primary driver. The others are fleet Electrification Consulting Services and microgrid Advisory Services.
Who are Microgrid Labs's main competitors?
Broad incumbents on record are Geotab, Samsara, GridPoint, AutoGrid, Verizon Connect and Enel X Way (now Juice). Direct peers are Stable Auto and Highland Electric Fleets. Emerging players are Nuvve and CALSTART.
Does Microgrid Labs have an API?
No public API is recorded for Microgrid Labs.
What industry is Microgrid Labs in?
Microgrid Labs's product category is Fleet Electrification Software. Its primary akta.pro industry code is EUAEAAAJ, Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip), with a secondary code of EUAFAJAI, Microgrid EPC, Integration & Commissioning (Design-Build, Interconnection). Its NAICS code is 22111 and its SIC code is 3823.