![GridBeyond](https://storage.googleapis.com/dealroom-images-production/6b/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA5LzEyLzVlZTA1Nzg1NTZjZGJjMjM2NDliNTI1NjkxODJiZWM2.png)
GridBeyond
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 2.8m | 5.5m | 6.0m | 4.0m | 11.7m | 13.7m | 17.6m |
% growth | - | 95 % | 9 % | (33 %) | 188 % | 18 % | 28 % |
EBITDA | (1.1m) | (1.0m) | - | (1.8m) | <1m | - | - |
% EBITDA margin | (37 %) | (19 %) | - | (44 %) | 6 % | - | - |
Profit | (1.1m) | (1.1m) | - | (1.8m) | <1m | - | - |
% profit margin | (38 %) | (20 %) | - | (45 %) | 6 % | - | - |
R&D budget | 1.0m | 1.0m | - | - | - | - | - |
R&D % of revenue | 35 % | 18 % | - | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€800k | Seed | ||
€1.6m | Early VC | ||
€100k | Early VC | ||
€200k | Early VC | ||
N/A | €500k | Angel | |
€50.0k | Grant | ||
€3.3m | Series A | ||
* | £9.0m | Series B | |
* | €10.0m | Debt | |
* | €6.0m | Debt | |
* | €52.0m | Series C | |
Total Funding | €69.4m |
Recent News about GridBeyond
EditGridBeyond is a leading provider of Demand Side Response (DSR) technology, specializing in energy optimization solutions for energy-intensive businesses, grid operators, suppliers, and energy storage providers. Operating primarily in the UK and Europe, GridBeyond leverages advanced technology to help clients manage their energy consumption more efficiently, thereby enhancing sustainability and profitability. The company operates in the energy market, focusing on the fluctuating value of commoditized energy and the increasingly technical progression of grid requirements. GridBeyond's business model revolves around providing a holistic approach to asset management, market dynamics, technology development, and engineering. The company generates revenue by offering its DSR technology and related services to a diverse range of clients, including large industrial and commercial energy users, grid operators, and energy suppliers. By integrating advanced energy management solutions, GridBeyond helps its clients reduce energy costs, improve operational efficiency, and achieve sustainability goals. The company's leadership team boasts extensive experience in energy trading, pricing, origination, and flexibility, ensuring a deep understanding of the energy market and its complexities.
Keywords: DSR technology, energy optimization, sustainability, profitability, energy-intensive businesses, grid operators, energy storage, asset management, market dynamics, engineering.