Following a record year of growth, GridPoint is named for the second straight year to Inc. 5000's exclusive annual list
RESTON, Va., Aug. 16, 2022 /PRNewswire-PRWeb/ -- GridPoint, a leader in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, today announced it has been named to Inc. Media's 2022 Inc. 5000 list of the nation's fastest-growing private companies for the second straight year.
"Growth is a major driver for us at GridPoint because the impact can be directly linked to our progress toward accelerating a sustainable energy future," said Mark Danzenbaker, CEO, GridPoint. "For our customers, growth translates to reduced energy consumption, lower carbon emissions and significant cost savings; for the grid, growth represents an increased demand for cleaner practices resulting in enhanced resiliency. This achievement is a testament to the people and technology behind the GridPoint platform, and we're proud to be making a difference."
Serving more than 16,000 commercial sites, GridPoint's platform was adopted at more locations than ever before in 2021, generating cumulative energy savings of more than $100 million for customers and eliminating 1.4 billion pounds of carbon dioxide equivalent (CO2e) emissions in one calendar year alone. GridPoint also nearly doubled the number of megawatts enrolled in demand response programs compared to 2020 and continues to add innovative programs to its customer portfolio.
The 2022 Inc. 5000 is ranked according to percentage revenue growth when comparing 2018 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. Honorees had to be U.S.-based, privately held, for profit and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. Companies named to the Inc. 5000 are featured in Inc.'s September 2022 issue.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," said Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
For 40 years, Inc. has generated its 5000 list by looking at how the most successful independent and small businesses navigate an ever-changing economy. The 2022 honorees were chosen according to percentage revenue growth when comparing 2018 and 2021. For the full Inc. 5000 list, including company profiles and an interactive database, please visit: https://www.inc.com/inc5000/list
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 Intelligence™ 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.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit http://www.inc.com.
Elizabeth Buccianti, Gabriel Marketing Group (for GridPoint), 407-463-8865, [email protected]
SOURCE Gabriel Marketing Group (for GridPoint)