GridBeyond operates an AI-powered platform for managing distributed and flexible energy resources, including renewables, battery storage, EV fleets, and industrial loads. Its software forecasts and then optimizes assets to unlock new revenue and savings, manage price volatility, improve resilience, and provide grid services such as demand response and balancing. Asset owners and large energy consumers use GridBeyond to participate in wholesale and ancillary markets, optimize batteries, and deploy vehicle-to-grid (V2G) services. Founded in 2010 by Michael Phelan and Richard O'Loughlin and headquartered in Dublin with growing US operations, GridBeyond closed a 52 million euro Series C in April 2024 led by Alantra's Klima fund, with Energy Impact Partners, Mirova, ABB, Constellation, and Yokogawa among the investors.
GridBeyond
ActiveAI platform to manage distributed and flexible energy resources
Total raised
$55M
1 round
Stage
Series C
Team
201-500
since 2010
Pricing
Freemium
free plan
Founded
2010
Dublin, Ireland
Agent-ready
—
AI optimization of distributed energy resources
Demand response and grid services
Battery storage optimization
Wholesale and ancillary market trading
Vehicle-to-grid (V2G) services
Industrial load flexibility
Forecast-then-optimize engine
Price volatility management
10/100
Early
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
No public agent surfaces detected yet.
— Series C $55M incl. ABB +6
Capital network
$90M raised ·7 backers·10 network links
- Backers7
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does GridBeyond do?
- It runs an AI platform that optimizes distributed energy resources for grid services, savings, and market revenue.
- How much did GridBeyond raise?
- A 52 million euro (about $55M) Series C in April 2024 led by Alantra's Klima fund.
- Who founded GridBeyond?
- Michael Phelan and Richard O'Loughlin in 2010.
- Where is GridBeyond based?
- Dublin, Ireland, with expanding US operations.
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