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Grid2020
A world-class optanode(tm) distribution transformer monitoring solution for the electricity utility space
About Grid2020
Grid2020 operates in the smart grid technology sector, specializing in advanced transformer monitoring solutions. The company serves utility operators and energy providers, offering devices that deliver high accuracy readings over a wide range of operating voltages and currents. Grid2020's core product, the Distribution Transformer Monitor (DTM), is designed with exclusive patented sensing technology and is known for its rapid deployment and ease of installation. These devices provide critical data for distributed generation, reduce outages, enhance asset supervision, and facilitate system loss analysis, including end-user meter reconciliation. The business model revolves around selling these monitoring devices and providing ongoing data analytics services. Revenue is generated through the sale of hardware and subscription-based data services. Grid2020's market includes utility companies worldwide, particularly those looking to improve grid efficiency and integrate renewable energy sources.
Source: Dealroom company dataAt a glance
- Founded
- 2011
- Headquarters
- Norfolk, United States
- Sector
- Hard Tech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Alan Snook
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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