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Plexigrid
Plexigrid develops real-time analytics software for grid operators, enhancing control and flexibility to support the energy transition efficiently
About Plexigrid
Plexigrid is a forward-thinking startup focused on revolutionizing the energy distribution sector. The company addresses critical challenges faced by electrical distribution networks, particularly those arising from the increasing integration of renewable energy sources like solar panels. Plexigrid's primary clients include utility companies and grid operators who are grappling with issues such as voltage instability, grid connection bottlenecks, and the need for enhanced grid planning tools.
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Operating in the energy technology market, Plexigrid offers innovative solutions to optimize grid performance and efficiency. Their core product suite includes advanced software tools designed to monitor and manage low-voltage grids, improve grid utilization rates, and reduce energy losses. By leveraging data from smart meters and other digital sources, Plexigrid enables its clients to make informed decisions and manage grid bottlenecks more effectively.
The business model of Plexigrid is centered around providing software-as-a-service (SaaS) solutions. This means that clients subscribe to their software on a recurring basis, ensuring a steady stream of revenue for the company. Additionally, Plexigrid may offer consulting services to help clients implement and optimize their grid management strategies.
Plexigrid makes money through subscription fees for its software solutions, as well as potential consulting and implementation services. By addressing the pressing needs of the energy transition, Plexigrid not only helps its clients improve operational efficiency but also contributes to the broader goal of a sustainable, fossil-free energy system.
At a glance
- Founded
- 2020
- Headquarters
- Stockholm, Sweden
- Sector
- Energy
Latest news
Press, funding announcements and product moves mentioning Plexigrid.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
- EVEDP Ventures
Society of the Principality of Asturias
TheVentureCity
Polar Structure
Vargas Holding
European Innovation Council
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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