Gridware, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Gridware, Inc. - overview

Established

2020

Location

San Francisco, CA, US

Primary Industry

Power & Utilities

About

Gridware Technologies Inc. is a US-based company dedicated to enhancing grid safety and reliability through innovative technology. Their solutions facilitate real-time monitoring of electrical and environmental conditions, promoting proactive hazard management for utility companies. Founded in 2020, Gridware Technologies Inc.


specializes in advanced monitoring solutions for electric utilities, ensuring enhanced safety and operational efficiency. The company was established by co-founders Abdulrahman Bin Omar, Hall Chen, and Timothy Barat, with Timothy Barat serving as the CEO. In November 2025, Gridware, Inc. raised USD 55 million in series B funding co-led by Tiger Global Management and Generation Investment Management, with participation from Sequoia Capital, Convective Capital, Fifty Years, True Ventures, Lowercarbon Capital, and Y Combinator.


Gridware offers a platform known as Active Grid Response, designed to improve grid safety and reliability. This system utilizes multiple sensors to monitor electrical, physical, and environmental conditions directly at power poles, addressing the Hazard Awareness Delay which has historically left utilities vulnerable to unrecognized hazards. The platform's capabilities enable utility companies to receive immediate detection and precise localization of threats, thereby enhancing efficiency and safety across their operations. Gridware primarily serves electric utility companies across North America, contributing to the resilience of the electrical grid.


Gridware generates revenue through subscription-based contracts with utility companies, providing ongoing access to its Active Grid Response platform. These contracts include comprehensive data analytics and real-time monitoring services, which help utilities reduce outages and optimize maintenance operations. While specific pricing details for the services are not disclosed, the financial model is centered on long-term partnerships, ensuring mutual benefits for both Gridware and its utility clients. The company plans to use the November 2025 funding to expand manufacturing capacity, scale U.


S. and international deployments, and grow engineering teams for next-generation grid monitoring technology.


Current Investors

True Ventures, Y Combinator, Soma Capital Management

Primary Industry

Power & Utilities

Sub Industries

Electric Utilities, Internet, Analytics & Performance Software

Website

www.gridware.io/

Verticals

Artificial Intelligence, IoT (Internet of Things), Manufacturing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.