How Much Did Gridwise Raise?
Funding & Key Investors

Gridwise, a prominent player in the gig mobility sector, has successfully secured significant capital to accelerate its market expansion. With a total funding accumulation of $16M, the company continues to solidify its position as a critical infrastructure provider for the gig economy. The most recent strategic investment of $12.7M underscores investor confidence in the firm's ability to monetize its proprietary mobility datasets and scale its enterprise-level analytics platform.

What is Gridwise?

Gridwise
SoftwareMobile App DevelopmentBusiness Intelligence (BI) Software

Gridwise operates as a comprehensive business intelligence platform tailored for the gig economy. By providing gig drivers with essential tools for earnings tracking, performance reporting, and demand insights, the company has cultivated one of the largest driver networks in the mobility industry. This massive user base allows Gridwise to aggregate unique, high-fidelity mobility data, which it then leverages to address a $50 billion Data as a Service (DaaS) opportunity. The platform serves as a vital bridge between individual gig workers, municipal planners, and enterprise-level organizations seeking actionable insights into urban mobility patterns and labor supply dynamics.

How much funding has Gridwise raised?

Gridwise has raised a total of $16M across 2 funding rounds:

2020

Angel/Seed

$3.3M

2022

Series A

$12.7M

Angel/Seed (2020): $3.3M with participation from Quaker Capital, 412 Venture Fund, Mountain State Capital, Blue Tree Allied Angels, Switch Ventures, and Reinforced Ventures

Series A (2022): $12.7M led by Mountain State Capital, Switch Ventures, Crosslink Capital, AutoTech Ventures, and Massive

Key Investors in Gridwise

AutoTech Ventures

A Silicon Valley-based venture capital firm managing over $270 million, specializing in the $3 trillion global ground transportation industry.

Crosslink Capital

An investment firm focused on early-stage founders, leveraging its proprietary Alpha network to support category-defining technology companies.

Switch Ventures

A venture capital firm that partners with early-stage founders to build transformative technology companies through long-term support and strategic insights.

What's next for Gridwise?

Following this major strategic investment, Gridwise is positioned to deepen its penetration into the enterprise analytics market. The company's roadmap likely involves expanding its Gridwise Analytics suite to provide more granular, real-time data to corporate partners and city governments. By capitalizing on its existing network density, the firm is well-equipped to transition from a driver-centric utility to a foundational data provider for the broader transportation ecosystem. Future growth will likely focus on enhancing the marketplace of benefits for drivers while simultaneously scaling its DaaS offerings to meet the increasing demand for sophisticated, location-based mobility intelligence.

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Frequently Asked Questions Regarding Gridwise Financial Insights

What are the most recent funding rounds that Gridwise has completed, and what were the funding rounds?
Gridwise has recently completed 2 funding rounds: Series A on May 26, 2022, Angel/Seed on Feb 27, 2020.
What is the total amount of funding Gridwise has raised to date?
Gridwise has raised a total of $16M in funding to date.
How many funding rounds has Gridwise completed?
Gridwise has completed 2 funding rounds.
How much funding did Gridwise raise in its most recent funding round?
Gridwise raised $12.7M in its most recent funding round.
Who are the lead investors in Gridwise's latest funding round?
The lead investor in Gridwise's latest funding round was Mountain State Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gridwise's history?
The largest funding round in Gridwise's history was $12.7M.
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