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GridBeyond
AI for the energy transition
- 101-200 employees
- B2B
- Artificial Intelligence
- Energy
- Sustainability
- Analytics
- SaaS
- London, UK
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Company mission
To revolutionise the energy sector through the use of technologies and business models that advance the transition to the next-generation electricity industry.
Our take
Amidst rising concern over CO2 emissions, more and more organizations are looking to transform their energy consumption. Step up GridBeyond, a company supplying AI-enabled solutions to support the optimisation of energy generation, demand and storage for its customers.
The company's ultimate vision is to build a shared energy economy that is both resilient and sustainable, while reducing costs for energy consumers. To do this, it connects distributed energy resources to electricity markets, enabling next-gen energy storage and renewable resources to be used to balance the grid.
This approach makes the grid more flexible, while also supporting its transition to Net Zero. Customers benefit from this flexibility as it reduces price volatility and presents new options for cost savings. It is no surprise then that GridBeyond has already seen success and raised substantial funding to support its international expansion efforts.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Annual leaves and public holidays
- Self- development funding
- Flexible and hybrid working model
- Work from anywhere once a year
- Employee referrals bonuses
Company values
- Customer Obsession – We keep our customers at the forefront of every decision we
- Relentless – We push beyond boundaries, overcome obstacles. We refuse to up and will never settle for less than world class
- Integrity – We are committed to conducting ourselves with honesty, ethics, and transparency. We foster trust and respect with our colleagues, customers and partners
- Agility – We value agility and the willingness to embrace new ideas and
- Collaboration – We foster a culture of cooperation, communication, and shared knowledge
Funding (last 2 of 9 rounds)
Apr 2024
$54.7m
SERIES C
Jan 2020
$11.4m
SERIES B
Total funding: $73.2m
Leadership
Michael Phelan
(CEO)Co-founded and was CEO at Endeco Technologies and Wirelite Sensors. Prior to this, was VP of Sales and Marketing at Duolog Technologies.
Padraig Curran
(CTO)Tyndall National Institute Research Masters Graduate with 8 years’ experience developing smart grid energy optimisation solutions.