GridPoint Named a DCA Live 2022 Red Hot Company, Recognized as One of Washington D.C.'s Fastest Growing Companies
A $75M strategic funding announcement, record-breaking number of locations served and significant reductions in CO2 emissions for customers earned GridPoint a spot on the list
RESTON, Va. , July 19, 2022 /PRNewswire-PRWeb/ -- WHAT
For the seventh consecutive year, DCA Live, a leading source of intelligence on issues shaping Washington, D.C. business, has announced its list of Red Hot Companies for 2022. The list recognizes the area's fastest growing companies, and each honoree has demonstrated significant growth in areas like capital raised, company growth and new product launches.
GridPoint joins the list of honorees for the 2022 Red Hot Companies and will be recognized at the DCA Live Red Hot Companies event on July 20, 2022.
WHY
It has been an incredibly exciting year for GridPoint and a period of record growth for the building energy management and optimization technology company. In March, GridPoint secured a $75 million strategic investment led by Goldman Sachs and Shell Ventures and in April, GridPoint ranked first on Crunchbase's list of climate-focused software company funding.
GridPoint recently announced a major growth trajectory that's driving record-breaking numbers, including expanding platform adoption to more than 16,000 locations nationally, as well as cumulative energy savings of more than $100 million for customers and 1.4 billion pounds of carbon dioxide equivalent (CO2e) emissions avoided over the course of one year.
In May, GridPoint welcomed a new CTO and CRO to the executive team, deepening its technology and business expertise in the building energy management industry and will continue its mission to accelerate the world's transition to a sustainable energy future.
WHEN & WHERE
Date: Wednesday, July 20, 2022
Time: 5:30 – 7:30 p.m. ET
Location: Sands Capital Management, 1000 Wilson Boulevard, Suite 3000, Arlington, VA 22209
For more information and to register for this event, please visit: http://dca-live.com/2022-red-hot-companies
About GridPoint
GridPoint is a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization. GridPoint's data-driven platform connects energy grids with the built environment and behind-the-meter distributed energy resources, enabling the ability to optimize energy and sustainability goals for businesses and the grid at the same time. GridPoint's technology platform is deployed in 16,000+ commercial buildings across multiple industries. Leveraging data analytics, intelligent automation and machine learning to deliver unprecedented visibility into complex building operations, GridPoint reduces energy costs, maximizes decarbonization, provides actionable facility insights and strengthens resiliency – building by building. Networked together, buildings with GridPoint IntelligenceTM aggregate the reliable, precise and instantaneous capacity that energy grids increasingly require. GridPoint's intelligent energy network of buildings is driving grid modernization and accelerating the transition to a sustainable energy future. For more information, visit gridpoint.com.
Media Contact
Elizabeth Buccianti, Gabriel Marketing Group (for GridPoint), 407-463-8865, [email protected]
SOURCE GridPoint
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