OptiGrid
OptiGrid is an Adelaide-based software company that provides OptiBidder, an AI-powered battery optimization and trading platform for asset owners, developers, and operators in Australia's National Electricity Market, complemented by a free public BESS analytics platform called OpenBESS.
- Company typePrivate
- Founded2020
- HeadquartersAdelaide, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What OptiGrid does
OptiGrid is an Australian battery optimization and trading intelligence platform purpose-built for the National Electricity Market (NEM). The company serves battery asset owners, developers, and operators — including utility-scale and hybrid BESS projects, non-scheduled sub-5 MW batteries, and renewable plant operators — with its flagship OptiBidder product. OptiBidder combines proprietary machine learning-based electricity price forecasting with AI-driven bidding and dispatch optimization algorithms to maximize battery returns across wholesale energy and FCAS markets, with company-stated performance of up to 40% higher returns than competing solutions based on independent testing and customer results.
The platform is grounded in dedicated research initiated in 2018 by Dr. Ali Pourmousavi and formalized in 2020 with two parallel R&D tracks on price forecasting and battery trading optimization. The current leadership includes CEO and co-founder Sahand Karimi (ex-AEMO, PhD on trading algorithms for utility-scale batteries), co-founder and Data Science Lead Nam Dinh (PhD-trained), and inaugural Chairman Jørn Hammer (former Partner and Head of Copenhagen Infrastructure Partners Australia; ex-Vestas). OptiGrid operates a secondary free-access analytics product, OpenBESS, which provides public visibility into commercial BESS performance across the NEM and serves as a data flywheel and lead-generation funnel for OptiBidder.
The business model is B2B enterprise SaaS with quote-based subscription pricing on multi-year contracts, supplemented by a channel/reseller agreement with Acacia Energy (announced November 2025) for C&I customers. OptiGrid manages over 120MW of assets across hybrid and standalone BESS projects and is backed by institutional investors including IP Group, CEFC, Hostplus, UNSW, University of Adelaide, EnergyLab, and Virescent Ventures. The company is headquartered in Adelaide, South Australia, with 1–10 employees.
OptiGrid firmographics
Firmographics- Name
- OptiGrid
- Legal name
- OptiGrid Pty Ltd
- Website
- https://optigrid.energy
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- OptiGrid is an Adelaide-based software company that provides OptiBidder, an AI-powered battery optimization and trading platform for asset owners, developers, and operators in Australia's National Electricity Market, complemented by a free public BESS analytics platform called OpenBESS.
- Ownership category
- akta.pro rank
OptiGrid industry classification
Industry- Product category
- Battery Energy Storage Optimisation Software
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Battery Analytics, Digital Twins, SoH/SoC Estimation & Degradation-Aware Dispatch (EUAFAKAK)
Keywords
Where OptiGrid is headquartered
LocationHeadquarters
- HQ city
- Adelaide
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
OptiGrid business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- OptiBidder Platform Services: OptiGrid provides asset optimisation and trading intelligence services through their OptiBidder platform for utility-scale batteries and hybrids, non-scheduled batteries, and renewable plants operating in Australia's NEM. The platform is tailored to each project's commercial goals and operational constraints, working directly with asset owners, developers and operators.
- OpenBESS Analytics: Free-access platform providing battery storage analytics data. This serves as a lead generation and community building tool that supports industry-wide collaboration and accelerates adoption of the commercial OptiBidder platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | OptiBidder Enterprise Platform |
| Freemium | Pay-as-you-go | OpenBESS Free Access |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
OptiGrid product offering
Product offeringCore offering
OptiGrid is an Australian battery optimisation and trading intelligence platform built for the National Electricity Market (NEM). It provides AI-powered forecasting and intelligent bidding algorithms through its OptiBidder product to maximise battery trading returns across wholesale energy and FCAS markets, serving utility-scale batteries, hybrids, non-scheduled sub-5 MW batteries, and renewable plant operators. The company also operates OpenBESS, a free-access analytics platform providing visibility into operational Battery Energy Storage Systems across the NEM.
Product overview
OptiGrid is an Australian battery optimisation and trading intelligence platform built for the National Electricity Market. The company offers two main products: OptiBidder (a paid commercial platform for battery owners and operators to maximize trading returns through AI-powered forecasting and bidding algorithms) and OpenBESS (a free analytics platform providing public visibility into BESS performance across the NEM). OptiBidder serves utility-scale and hybrid batteries, non-scheduled sub-5 MW batteries, and renewable plants, while OpenBESS serves as a free community resource for industry-wide battery data transparency.
Differentiator
Problem solved
Functional benefit
Brands
- OptiBidder: Market-leading forecasting and intelligent bidding platform for optimising battery trading performance in Australia's NEM.
- OpenBESS
Products and services
- OptiBidder AI-powered battery trading and optimisation platform that combines market-leading ML-based forecasting with intelligent bidding algorithms to maximise battery returns across wholesale energy and FCAS markets in Australia's National Electricity Market. Delivers up to 40% higher returns than other solutions. Serves scheduled utility-scale batteries, non-scheduled sub-5 MW batteries, hybrid systems, and renewable plant operators with contract management, portfolio risk tools, and automated market bidding.
- OpenBESS Free-access platform providing information and analytics about Battery Energy Storage Systems in the Australian National Electricity Market, including real-time and historical data on operational BESS, revenue insights, operational metrics, and market-wide performance tracking. Serves as a community/lead-generation resource supporting the commercial OptiBidder platform.
Quantifiable outcome
- Up to 40% higher returns than other solutions
- +2 more outcomes
Companies that use OptiGrid
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
OptiGrid technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
OptiGrid partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Acacia EnergycoreOptiGrid partnered with Acacia Energy to enable C&I customers in Australia to access AI-powered battery forecasting and optimisation technology. The partnership aims to support distributed battery development and maximize revenue for battery energy storage operations within the National Electricity Market (NEM).
- EnergyLabminorInvestor and supporter in OptiGrid. Energy accelerator and innovation platform supporting energy transition companies.
- Virescent VenturesminorPartner and supporter of OptiGrid. Clean energy investment and venture capital firm.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
OptiGrid competitors and assessment
Company assessmentBroad incumbents
- Stem Inc: Stem Inc offers AI-driven energy storage optimization and virtual power plant software primarily for C&I and utility customers in North America. While geographically focused on US markets, Stem's optimization platform competes in the same battery asset intelligence category as OptiBidder.
- KrakenFlex: KrakenFlex (owned by Octopus Energy with Shell backing) provides distributed energy resource management and optimization software. It overlaps with OptiGrid in DER and battery trading optimization, particularly for smaller-scale and C&I assets across UK and European markets.
- ABB Energy Management: ABB offers broad energy management and asset optimization software for utilities and grid operators, including battery and renewable asset control. While not specialized in battery trading like OptiGrid, ABB competes as a large incumbent in adjacent grid software categories.
- Enel X (now Enel X Way/Jobful): Enel X provides demand response and distributed energy optimization software for utilities and large energy users globally. While broader in scope than OptiGrid, it competes in the energy asset optimization and market participation space with significantly greater scale and geographic reach.
- Wärtsilä Energy Storage (GEMS): Wärtsilä's GEMS platform is a major energy management system for battery storage and grid assets used by utilities and developers globally. While broader in scope than OptiBidder, GEMS directly competes in the battery optimization and grid services software category across multiple electricity markets.
Emerging players
- Energy Exemplar (PLEXOS): Energy Exemplar's PLEXOS is a leading energy market simulation platform used widely by utilities and traders for forecasting and dispatch planning. It overlaps with OptiGrid in electricity market modeling and forecasting, though PLEXOS is more focused on simulation and planning than real-time bidding.
- GridBeyond: GridBeyond provides AI-powered energy optimization and battery dispatch software with focus on demand response and distributed energy. It shares OptiGrid's focus on automated bidding and battery trading intelligence, primarily serving UK, Irish, and European markets.
Direct peers
- Fluence: Fluence is a major global battery storage and optimization company offering its Advanced Optimization Software (AOS) platform for utility-scale assets. Like OptiBidder, AOS provides ML-driven bidding and trading intelligence to maximize battery returns across wholesale and ancillary services markets, targeting the same asset owner customer segment.
- Ylem Energy: Ylem Energy is a battery optimization and trading specialist operating across the UK, Australian, and European electricity markets. It shares OptiGrid's exact focus on ML-based forecasting and automated trading for BESS assets, making it a direct competitor in both product and target customer.
- Tesla (Autobidder): Tesla's Autobidder is the most direct comparable: a battery trading and optimization platform that uses ML-based forecasting and automated bidding for utility-scale battery assets in wholesale and ancillary services markets. Tesla bundles the software with its own hardware, whereas OptiGrid is OEM-independent, but the core trading intelligence proposition is essentially the same.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
OptiGrid social profiles
Digital presenceOptiGrid financial estimates
Financial estimateRevenue estimate
Valuation estimate
OptiGrid leadership team
Management profileNumber of profiles
Profiles8 records
OptiGrid funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OptiGrid 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 OptiGrid
What does OptiGrid do?
OptiGrid is an Australian battery optimisation and trading intelligence platform built for the National Electricity Market (NEM). It provides AI-powered forecasting and intelligent bidding algorithms through its OptiBidder product to maximise battery trading returns across wholesale energy and FCAS markets, serving utility-scale batteries, hybrids, non-scheduled sub-5 MW batteries, and renewable plant operators. The company also operates OpenBESS, a free-access analytics platform providing visibility into operational Battery Energy Storage Systems across the NEM.
Is OptiGrid a public or private company?
OptiGrid is a private company. It is classified as venture growth investor backed and is currently operating.
When was OptiGrid founded?
OptiGrid was founded in 2020. It employs 11 to 50 people.
Where is OptiGrid based?
OptiGrid is headquartered in Adelaide, Australia, in the Oceania region.
How does OptiGrid make money?
Two revenue lines are on record. OptiBidder Platform Services are the primary driver. The others are openBESS Analytics.
Who are OptiGrid's main competitors?
Broad incumbents on record are Stem Inc, KrakenFlex, ABB Energy Management, Enel X (now Enel X Way/Jobful) and Wärtsilä Energy Storage (GEMS). Emerging players are Energy Exemplar (PLEXOS) and GridBeyond. Direct peers are Fluence, Ylem Energy and Tesla (Autobidder).
Does OptiGrid have an API?
No public API is recorded for OptiGrid.
What industry is OptiGrid in?
OptiGrid's product category is Battery Energy Storage Optimisation Software. Its primary akta.pro industry code is EUAFAKAK, Battery Analytics, Digital Twins, SoH/SoC Estimation & Degradation-Aware Dispatch. Its NAICS code is 541512 and its SIC code is 7373.