Power Acceleration platform for AI — physics-based AI that unlocks underutilized grid capacity to deliver power to data centers in months instead of years
AI📍 Redwood City, CAFounded 2024
Current Valuation
$350M
as of 2026-Q2
PRIVATE
IPO Outlookprivate
Is GridCARE going public?
No. GridCARE has no imminent IPO plans on record. It is still private.
What is GridCARE's valuation in 2026?
GridCARE is valued at $350M as of 2026-Q2, set by its Series A ($64M, May 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has GridCARE filed an S-1?
No public S-1 is on file for GridCARE.
Who are GridCARE's investors?
GridCARE's investors include Sutter Hill Ventures, John Doerr, National Grid Partners, Future Energy Ventures, Emerson Collective (Laurene Powell Jobs), Stanford University and 6 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
GridCARE pioneers 'Power Acceleration for AI' — using physics-based AI to identify and unlock latent capacity on the existing electric grid so that data centers can come online in months instead of years. Founded at Stanford's Doerr School of Sustainability by CEO Amit Narayan. Emerged from stealth in May 2025 with a $13.5M seed led by Xora, then raised a $64M Series A in May 2026 led by Sutter Hill Ventures and John Doerr — the original NVIDIA, Google, and Amazon backer. Strategic utility investors include National Grid Partners. Has unlocked $10B+ in economic value via partnerships with Portland General Electric, National Grid, and other US utilities. Cited as one of Fast Company's Most Innovative Companies for 2026.
Company Profile
CEO
Amit Narayan
Founded
2024
HQ
Redwood City, CA
Employees
~50
Total Raised
$77.5M
Growth
Early revenue (utility partnerships)
Last Round
Series A — $64M (May 2026) · Lead: Sutter Hill Ventures + John Doerr
IPO Status
no imminent plans
Fundraising Status
Series A · $64M · 3 mo ago
no imminent plansTotal raised $77.5M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series A
$64M
May 2026
Sutter Hill Ventures + John Doerr
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for GridCARE — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-08-19. Re-checked weekly.
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
5
via ashby
Product-build share
60%
engineering, research, product, design
Trajectory
steady
product-led hiring — 60% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Power System Engineer - Interconnection StudiesOptimization Engineer, Grid SystemsSenior Product ManagerManager of 24/7 & Customer Support OperationsDirector, Utility Partnerships
Counted from GridCARE's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Amit Narayan
Investors
Sutter Hill Ventures · John Doerr · National Grid Partners · Future Energy Ventures · Emerson Collective (Laurene Powell Jobs) · Stanford University · Xora · Aina Ventures · Overture · Acclimate Ventures · Clearvision Ventures · Ram Shriram (board member)
Products
Energize platform (physics-based AI for grid capacity discovery)
Time-to-Energize acceleration for data centers and utilities
Competitors
VEIR · Pearl Street Technologies · TS Conductor · Camus Energy
AI InfrastructureEnergyGrid TechClimateStanford Spinout
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.