Tech Company Financing Transactions
GridPoint Funding Round
GridPoint, based in Reston, received $45 million from Fortress Investment Group, Goldman Sachs and I Squared Capital.
Transaction Overview
Company Name
Announced On
3/27/2025
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will accelerate GridPoint's growth and open the door for international expansion into Japan and South Korea.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
11911 Freedom Dr. 1120
Reston, VA 20190
USA
Reston, VA 20190
USA
Phone
Website
Email Address
Overview
GridPoint is a smart building technology leader with a mission to accelerate the world's transition to a sustainable energy future by creating a network of smart, efficient, grid-interactive buildings. As pioneers in the smart grid, we've been innovating since 2003 to make buildings smarter, more efficient, more resilient, and more sustainable.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Thomas Kloster
Chief Marketing Officer
Melissa Blanken
President
Mark Danzenbaker
VP - Bus. Development
Jason Narod
VP - Engineering
David Lowman
VP - Finance
Perry Fabi
VP - General Counsel
Thomas Nelson
VP - Operations
Jennifer Faulkner
VP - Product Management
Deepak Budhiraja
VP - Sales
John Richmond
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