How Much Did Gridware Raise? Funding & Key Investors

Date August 22, 2025
G

Gridware

COMPANY INFO

Gridware Technologies Inc., founded in 2020 by Abdulrahman Bin Omar, Hall Chen, and Timothy Barat, is a technology company specializing in advanced sensing and AI-based monitoring systems for the electrical grid. With approximately 18 to 86 employees, Gridware provides solutions to detect faults, prevent wildfires, and enhance the safety, reliability, and resilience of the power grid. Their website is https://www.gridware.io, and they operate primarily in the Energy, Internet of Things, Software, and Electronic Equipment industries.

How Much Did Gridware Technologies Inc. Raise? Funding & Rounds and Investors

Gridware Technologies Inc., founded in 2020 by Abdulrahman Bin Omar, Hall Chen, and Timothy Barat, is an innovative technology company operating in the Energy, Internet of Things, and Software industries. Gridware specializes in advanced sensing and AI-based monitoring systems designed to strengthen the electrical grid. Their solutions help utilities detect faults, prevent wildfires, and enhance the safety, reliability, and resilience of modern power infrastructure. Headquartered in Walnut Creek, California, with important R&D operations in Richmond and San Francisco, Gridware is a fast-growing company with a team of approximately 65 to 86 employees.

Gridware Technologies Inc. funding history highlights a clear trajectory of growth and innovation attraction. Over six funding rounds, Gridware has raised approximately $42.3 million to $44.2 million, with milestone investments from leading venture capital firms and industry accelerators. The company’s strategy has been to secure early support from grants and incubators before progressing to substantial seed and Series A rounds. Notable achievements include a Series A round of $26.4 million led by Sequoia Capital in January 2025, aimed at scaling the production of their Gridscope devices and expanding partnerships with utility providers. Gridware Technologies Inc. investors include some of the most respected names in climate tech and venture capital, reflecting confidence in the company’s mission and growth trajectory.

Funding Rounds

Series A - $26.4M - 2025-01-08

The Series A round, raising $26.4 million and led by Sequoia Capital, was used to accelerate market expansion, ramp up production of Gridware's flagship Gridscope monitoring devices, expand staff, and broaden collaborations with utility companies.

Seed Round 3 - Amount Undisclosed - 2023-06-13

This seed round, led by Lowercarbon Capital, provided funding for Gridware's growth and product development as the company accelerated commercialization of its grid safety solutions.

Accelerator/Incubator - Amount Undisclosed - 2023-08-30

As part of the Joules Accelerator program, this round supported Gridware’s shift toward revenue generation and scaling its deployment capabilities in partnership with utilities.

Seed Round 2 - Amount Undisclosed - 2021-10-26

Led by Joules Accelerator, this round focused on advancing product development and technical validation for Gridware’s monitoring solutions.

Seed Round 1 - Amount Undisclosed - 2021-01-01

Y Combinator led this accelerator/incubator funding at Gridware’s startup phase, providing resources and mentorship critical for early traction.

Grant - $150K - 2020-10-14

Initial grant funding supported Gridware in its earliest startup phase, covering prototype development and foundational research.

Key Investors

Sequoia Capital

Sequoia Capital, a globally renowned venture capital firm, led Gridware’s Series A round. Their involvement brings significant expertise in scaling top-tier tech startups and signals confidence in the long-term vision of Gridware Technologies Inc.

Lowercarbon Capital

Lowercarbon Capital, a leading climate-tech investor, led a key seed investment, supporting Gridware’s mission to build resilient, wildfire-resistant power grids with innovative sensor technology.

Fifty Years

An early-stage venture fund focused on impact-driven innovation, Fifty Years invested in Gridware to accelerate the company’s product development and market entry for grid safety solutions.

TRAC (The Regenerative Agriculture Company)

TRAC led an additional seed round, helping fund continued research and initial market pilots of Gridware’s technology.

True Ventures

True Ventures provides early-stage funding and operational support for founders building transformative technology companies, serving as a strategic investor for Gridware.

Y Combinator

Y Combinator offered valuable seed-stage capital and mentorship as part of its acclaimed accelerator program, helping Gridware lay the groundwork for successful scaling.

Joules Accelerator

Joules Accelerator supported multiple rounds, providing network access, pilot programs, and technical resources to help Gridware expand and refine its offerings.

AiSprouts VC

AiSprouts VC invested in Gridware and contributed AI expertise, helping sharpen the company’s technology advantage in grid monitoring.

Anorak Ventures

As an early investor, Anorak Ventures brought financial and network resources to support Gridware’s path to commercialization.

Convective Capital

Convective Capital, focused on climate innovation and resilience, participated as an investor to drive Gridware’s expansion and utility partnerships.

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