GridPoint
Procurement partnerAbout
GridPoint is an energy management technology company that uses intelligent software to monitor and control commercial building systems including HVACs, refrigeration, and lighting to reduce energy consumption and costs. Their platform connects both businesses and utilities, capturing granular equipment-level data and automating building operations to improve efficiency and support grid stability. Founded in 2003, the company has reduced energy consumption by more than 10 billion kWh and saved cu...
Details
VenSearch Intelligence
Ideal Customer
- GridPoint's sweet spot spans both small-to-medium businesses (SMBs) and enterprise customers operating multi-location commercial building portfolios, particularly those with high energy intensity assets such as HVAC, lighting, and refrigeration.
- The platform is specifically engineered to serve the underserved segment of commercial buildings under 50,000 square feet, which represents roughly 90% of U.S. commercial real estate.
Key Differentiators
- GridPoint differentiates itself through a whole-building, asset-level energy intelligence platform that combines hardware submetering, IoT sensors, cloud analytics, and patented AI/ML algorithms in a single integrated subscription offering—requiring no upfront capital from customers.
- The company specifically targets the underserved small-to-medium commercial building segment (under 50,000 sq. ft.), which is largely ignored by traditional energy management providers, while also scaling to enterprise fleets of thousands of locations.
Industries Served
- GridPoint serves a broad range of commercial industries, with particularly deep penetration in food service and restaurants (including major chains like Panda Express and Chipotle), convenience stores, grocery chains, and retail.
- The company also serves commercial and industrial enterprises, government agencies (including the U.S. Postal Service), and educational institutions.
Service Coverage
- GridPoint operates primarily across the United States, with its platform deployed in over 20,000 commercial buildings nationwide across multiple industries.
- The company is headquartered in Reston, Virginia, with an additional office in Roanoke, Virginia, and has historically had some presence in Canada and Europe as well.
Partnerships
- GridPoint has a strategic channel partnership with Shell, which invested in the company via Shell Ventures and serves as a distribution partner for GridPoint's subscription-based offering to commercial buildings.
- The company partnered with Panda Express for a landmark deployment of GridPoint Intelligence across nearly 2,500 U.S. restaurant locations, following a successful 200-store pilot.
Company Size & Ownership
- GridPoint was founded in 2003 by Peter L. Corsell and currently employs approximately 190–203 people across multiple locations.
- Estimated annual revenue ranges from $26.3M (per sources like ZoomInfo and RocketReach) to approximately $39.7M ARR (per GetLatka estimates for 2023), with LeadIQ estimating revenue in the $100M–$250M range as of 2026.
Compliance & Certifications
- GridPoint holds OpenADR 2.0 certification from the Open ADR Alliance, enabling integration with utility demand response programs and automated load management at scale.
- No publicly confirmed SOC 2, HIPAA, FedRAMP, or ISO 27001 certifications were found in available sources.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
8 offeringsDemand Management
An automated technology platform that enables businesses to manage energy demand across locations in response to peak pricing, emergency conditions, carbon intensity, and demand response events. Features include demand response event management, time-of-use pricing alignment, and peak demand management using Main Load Meter data to automatically curtail load and reduce peak demand charges. The platform supports both traditional demand response programs and real-time energy markets.
Energy Efficiency
A unified platform that connects both sides of the meter to reduce energy usage and lower utility payments using real-time diagnostics that combat operational drift. It captures granular equipment-level data and uses algorithm-automated building operations to drive significant energy savings over time. Features include HVAC monitoring and control, lighting monitoring and control, refrigeration monitoring, main load and asset level metering, and automated demand response.
Free Energy Analysis
A complimentary consultation service where GridPoint's energy advisors review a customer's current energy output and make recommendations on where they can start reducing energy usage. This is offered as an entry point for prospective customers to understand potential savings before committing to a full deployment.
Grid Services
A decentralized network of grid-interactive efficient buildings (GEBs) that aggregates commercial building capacity to support utility demand response programs and grid stability at scale, with a goal of building a gigawatt-scale distributed virtual power plant (VPP) by 2035. The platform provides precise energy curtailment across individual assets, groups of buildings, or fleet-wide, and integrates with DERs for demand-side management. GridPoint offers full DR program implementation and management including curtailment strategy development and event performance reporting, with OpenADR-certified technology.
GridPoint Intelligence Platform
A whole-building energy optimization technology platform that integrates with existing building assets to optimize a business's entire energy profile across all assets on a site. It includes energy metering down to the individual asset level, asset monitoring with real-time diagnostics and historical data trends, asset control with automated schedules and remote override, energy optimization algorithms, and automated demand response capabilities.
Operational Efficiency
A proactive operational management solution that provides real-time asset intelligence to streamline facility operations, reduce emergency service calls, and extend the life of building assets including HVACs, lighting, and refrigeration. Features include HVAC health monitoring, HVAC advanced scheduling, automated anomaly detection, enterprise-wide asset-level control, load curtailment, and temperature and door sensors. The system enables remote monitoring and control to reduce costly repairs and unpredictable downtime.
Pilot Program
A three-month trial offering that allows businesses to try out GridPoint software firsthand to see how it can help their business before committing to a full solution. The pilot is designed to demonstrate real-world energy savings and platform capabilities within a customer's own facilities.
Sustainability
An energy intelligence solution that provides a comprehensive view of energy consumption and waste to help businesses monitor environmental impact, reduce carbon emissions, and achieve sustainability goals. Features include precise carbon reporting with tracking of electricity-generated CO2, energy usage reporting with real-time and historical data, and carbon footprint reduction tools that eliminate the need to purchase RECs and credit offsets.
Considering GridPoint?
Our team will work with you to determine if GridPoint is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.