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Gridwealth - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Gridwealth including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Gridwealth company logo

Make Energy. Make Money.

Gridwealth is a full-service, distributed energy resource (DER) company focusing on the development, financing, ownership, and operation of renewable energy assets including solar and energy storage.

HeadquartersSudbury, Massachusetts, United States
Team size1-50
Founded2013

What is Gridwealth? - Company Overview & Details

Gridwealth is Gridwealth is a full-service, distributed energy resource (DER) company focusing on the development, financing, ownership, and operation of renewable energy assets including solar and energy storage. Founded in 2013, the company is headquartered in Sudbury, Massachusetts, United States.

Who Founded Gridwealth?

Gridwealth was founded by David Ellis.

Who are the Key Executives at Gridwealth? - Leadership Team

Gridwealth is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Gridwealth

David EllisCEO

Chief Technology Officer (CTO) of Gridwealth

CTO

About David Ellis - CEO of Gridwealth

David Ellis serves as the Chief Executive Officer of Gridwealth, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Gridwealth Company Details & Key Information

Where is Gridwealth located?

Gridwealth is headquartered in Sudbury, Massachusetts, United States.

How many employees does Gridwealth have?

Gridwealth has 1-50 employees.

When was Gridwealth founded?

Gridwealth was founded in 2013.

Gridwealth Official Website

How much funding has Gridwealth raised?

Gridwealth has raised $30 million across 1 funding rounds. The most recent funding was completed on 2023-04-19.

Funding Overview

Gridwealth closed $30 million in financing from Fidelity Bank to construct 16 commercial-scale solar projects.

$30 million
Total Funding Raised
1
Funding Rounds
2023-04-19
Latest Round

Gridwealth Funding History

Series unknown
2023-04-19
$30 million

Who are the key investors in Gridwealth?

Gridwealth is backed by 1 key investors including Fidelity Bank. These investors focus on commercial-scale solar development, renewable energy financing sectors.

Gridwealth Investor Overview

1
Key Investors
2
Focus Areas
1
Notable Investments

Complete List of Gridwealth Investors

Fidelity Bank

A Massachusetts-based community bank financing solar energy projects.

Investment Focus
commercial-scale solar development
renewable energy financing
Notable Portfolio Companies
$30 million funding for Gridwealth

What sectors do Gridwealth investors focus on?

The investors backing Gridwealth primarily focus on commercial-scale solar development, renewable energy financing sectors.

commercial-scale solar development
renewable energy financing

Featured Investor: Fidelity Bank

Fidelity Bank

A Massachusetts-based community bank financing solar energy projects.

Notable Investments: $30 million funding for Gridwealth

What are Gridwealth's future plans?

Gridwealth Focus on expanding commercial solar projects and partnerships.

Gridwealth Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Gridwealth face?

Gridwealth has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Gridwealth

1

competition in the solar market

2

navigating regulatory changes

What opportunities does Gridwealth have?

Gridwealth has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Gridwealth

1

growing demand for renewable energy

2

expansion in new states

Gridwealth Strategic Position Summary

Key Focus Areas

Gridwealth is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Gridwealth?

Gridwealth has 2 recent news updates covering key business developments and market activities.

Gridwealth News Overview

2
Recent Articles
Active
Media Coverage
2024-02-06
Latest Update

What is Gridwealth in the news for?

Gridwealth is currently featured in news for Gridwealth hired R.T. Weber as Chief Revenue Officer on Feb 7th '24. and other significant business developments.

Recent News Articles About Gridwealth

Article 1
2024-02-06

Gridwealth hired R.T. Weber as Chief Revenue Officer on Feb 7th '24.

Gridwealth appointed R.T. Weber as CRO to enhance its Distributed Energy Resources business.

globalenergytimes.com
Read News
Article 2
2023-06-14

Gridwealth invests into assets: commercial rooftop solar projects in the amount of $225K.

Gridwealth secured a $225,000 grant for developing three commercial rooftop solar projects in Rhode Island.

abc6.com
Read News

Gridwealth FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Gridwealth including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Gridwealth Questions & Answers - Company Information

Q1

What is Gridwealth?

Gridwealth is a full-service, distributed energy resource (DER) company focusing on the development, financing, ownership, and operation of renewable energy assets including solar and energy storage.

Q2

Who founded Gridwealth?

Gridwealth was founded by David Ellis.

Q3

Who is the CEO of Gridwealth?

The CEO of Gridwealth is David Ellis. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Gridwealth raised?

Gridwealth has raised a total of $$30 million across 1 funding rounds. The most recent funding was completed on 2023-04-19.

Q5

Who are the investors in Gridwealth?

Gridwealth's key investors include Fidelity Bank.

Q6

Where is Gridwealth headquartered?

Gridwealth is headquartered in Sudbury, Massachusetts, United States.

Q7

When was Gridwealth founded?

Gridwealth was founded in 2013.

Q8

How many employees does Gridwealth have?

Gridwealth has 1-50 employees.

Q9

What is Gridwealth's official website?

You can visit Gridwealth's official website at gridwealth.com.

Q10

What was Gridwealth's latest funding round?

Gridwealth's latest funding round was a Series unknown round of $$30 million completed on 2023-04-19.

Q11

Who is founder?

David Ellis

Q12

What does the company do?

Gridwealth is a full-service, distributed energy resource (DER) company developing renewable energy assets including solar and battery storage.

Q13

How much funding?

$30 million

Q14

Latest funding date?

2023-04-19

Q15

Who are the investors?

Fidelity Bank

Q16

What are the challenges?

competition in the solar market navigating regulatory changes

Q17

What are the opportunities?

growing demand for renewable energy expansion in new states

Q18

Latest news?

Gridwealth appointed R.T. Weber as CRO to enhance its Distributed Energy Resources business. Gridwealth secured a $225,000 grant for developing three commercial rooftop solar projects in Rhode Island.

More Information About Gridwealth

For additional details about Gridwealth, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.