S
Smart Wires
Energy · Durham, United States · Founded 2010
Develops and implements innovative technologies that advance the delivery of electricity around the world MoreLess
SmartWires is a leading provider of grid-enhancing technology and services, operating in the energy sector. The company's primary focus is on reimagining the power grid to meet the demands of a net-zero carbon future. This involves transitioning to a digital grid that can deliver renewable energy and support wide-scale electrification.
SmartWires serves a global clientele, primarily consisting of utility companies. These clients are facing critical challenges in managing their power grids, and SmartWires provides solutions to unlock extra capacity and improve grid performance.
The company's business model revolves around its portfolio of innovative technologies and services. This includes power modeling, analytics, dynamic ratings, and digital power flow control. These technologies are modular and can be integrated with existing grid investments, providing clients with greater flexibility and return on investment.
SmartWires generates revenue by selling these technologies and services to utility companies. The solutions provided by SmartWires not only enhance the capacity and efficiency of power grids but also help in the transition towards renewable energy sources. This positions the company well in a market that is increasingly focused on sustainability and clean energy.
Keywords: Grid-enhancing technology, Digital grid, Renewable energy, Utility companies, Power modeling, Analytics, Dynamic ratings, Digital power flow control, Net-zero carbon future, Sustainability.
Company overview
Smart Wires company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2010
- Headquarters
- Durham, United States
- Employees
- 95
- Open positions
- 3
- Dealroom signal
- 68.8
Valuation & funding
Smart Wires funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Jan 2025 | $65M | — | BP Energy Partners | ↗ |
| SERIES EOther financing | Dec 2019 | $75M | $300M | Lime Rock New Energy | — |
| SERIES DOther financing | May 2018 | $55M | $218M | Alumni Ventures · Purple Arch Ventures (an Alumni Ventures Fund) | — |
| SERIES COther financing | Jun 2015 | $17M | $69M | Undisclosed | — |
| SERIES BOther financing | Nov 2014 | $18M | $74M | RiverVest Venture Partners | — |
| SERIES AOther financing | Nov 2012 | RiverVest Venture Partners | — | ||
| EARLY VCOther financing | Sep 2011 | Undisclosed | — | ||
| SEEDOther financing | May 2010 | Jane Capital Partners | — | ||
| SPINOUTOther financing | Apr 2010 | Georgia Institute of Technology | — |
Growth signals
Smart Wires website traffic
Latest recorded traffic for Smart Wires is 4.8K monthly website visits, down 31.4% over the last three months. Smart Wires's team declined 4% over the past year.
Hiring
Open positions at Smart Wires
Current openings linked to this company in Dealroom.
Comparisons
Smart Wires compared with similar companies
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Talent graph
Smart Wires's talent
Source: Dealroom Talent Intelligence.
Investors
7 investors on Smart Wires's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Smart Wires has talent and traffic
team presence
In the news
Latest news about Smart Wires
Recent press, funding announcements, and product moves mentioning Smart Wires — open to read from the original sources.
Market sentiment
What the market is saying about Smart Wires
An AI-synthesized read of the highest-engagement posts about Smart Wires on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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