GlacierGrid

The company's core offering is its Cooling Intelligence Platform, which utilizes Internet of Things (IoT) sensors, artificial intelligence, and equipment controls. The proprietary LoRaWAN® sensors are designed to reliably transmit data from inside refrigeration units, overcoming signal penetration issues common with Wi-Fi or Bluetooth. This system provides 24/7 remote temperature and humidity monitoring, sending alerts to prevent inventory loss from equipment failure or power outages. Beyond monitoring, the platform analyzes data to optimize energy consumption, reduce equipment downtime, and shift electricity usage to off-peak hours. This transforms refrigeration and HVAC systems into 'virtual power plants' that can help stabilize the electric grid.

GlacierGrid serves clients across the restaurant, hospitality, food manufacturing, and retail sectors, including major brands like McDonald's, Marriott Hotels, and 7-Eleven. The business model is a hardware-enabled SaaS subscription, with pricing based on the number of locations and refrigeration units monitored. Founder and CEO Manik Suri's background in law, public policy, and technology, including roles at the White House National Economic Council and co-founding the GovLab at NYU, underpins the company's mission to drive social change through technological solutions. The firm has raised significant capital to expand its operations, including a $19 million Series A funding round led by Zero Infinity Partners.