Gridware collaborates with utility companies to enhance existing grid assets with technology that streamlines monitoring, management and troubleshooting processes, ensuring a more reliable and efficient grid.

Gridware

International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

Cody Bellm

Tally Mack

Alfred Aday

Kengo Horibe

Vilas Sastry

Barrett Rodda

Lokesh Bevara

Alex Naoumidis

Michelle Esgar

Rachel Reinitz

Richard Kateley

Thomas J. Watson

International Business Machines Corporation

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. The company operates through three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing. The Networked Solutions segment provides a combination of communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; and associated application software for acquiring and transporting application-specific data. The Outcomes segment offers value-added, enhanced software and services for managing, organizing, analyzing, and interpreting data to enhance decision making, maximize operational profitability, drive resource efficiency, and deliver results for consumers, utilities, and smart cities. In addition, it offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company markets its products directly through its sales force, as well as through indirect sales force consisting of distributors, sales representatives, partners, and meter manufacturer representatives to utilities and municipalities. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

Itron, Inc.

Omnisens develops fiber-optic based solutions that help secure asset integrity by detecting threats early, optimizing performance, and monitoring conditions in various applications.

Omnisens

Gridware | 14,091 followers on LinkedIn. Protecting the grid today, preparing the grid for tomorrow | Gridware exists to enhance and protect the mother of all networks: the electrical grid. The grid touches everyone and makes our modern economy possible. But it’s also fragile.

🤖 Silicon Valley Ai VC | 🌱Seed Capital for All-Star Ai🌟Founders l 🦾 GP & Founder AiSprouts VC |🦄 Formerly w/ Cloudflare, Anaplan, & Clearwell |…

Suman Talukdar

Partner Consultant at Schmuckal Consulting

Peter Schmuckal

Executive, Entrepreneur, Engineer, Educator

Faraz Hoodbhoy

Paul Straub

Gridware is proud to be working alongside Pennsylvania’s Duquesne Light Company in setting new benchmarks for restoration times and enhanced reliability. Our Gridscopes equip DLC’s Operations team with a real-time operating picture of their system, enabling safe, efficient responses during extreme weather and pro-active identification of issues before they lead to outages. It’s rewarding to work with forward thinking utilities like DLC who are dedicated to strengthening resiliency and reliability for their communities. We’re committed to supporting their journey toward a stronger, smarter grid. #SmartGrid #Innovation #GridReliability #GridModernization #Gridware

It’s just over a week until Pacific Gas and Electric Company 's 2024 Innovation Summit presented by @DISTRIBUTECH! Join us, along with several utilities and energy-focused organizations on Wednesday, November 13 in San Jose to learn about the latest in #climatetech , #firetech , and #gridtech and to actively collaborate in bridging the gap between today's energy system and our electrified and decarbonized future. We can’t wait to share how Gridware’s real-time grid monitoring has already helped PG&E prevent 8 wildfire ignitions. For more about the summit, including the full list of technology showcase participants and the high-powered speaker lineup (additional speakers just added to the agenda!), visit: https://lnkd.in/gUf9aH4f And to register for the event, visit: https://lnkd.in/gxvtMbCc #AcceleratingInnovation #AI #ArtificialIntelligence

Timothy Barat wanted a bank that not only got his startup—but could get his startup where he wanted to go. That’s when he turned to J.P. Morgan, the bank of the Innovation Economy. Learn why startups like Gridware choose J.P. Morgan to power their growth: https://lnkd.in/eYaCUXND #JPMGrowWithoutLimits #JPMInnovationEconomy

JPMorgan Chase Commercial Banking

This post has been a long time coming! I’m excited to share that Climate People is partnering with Gridware to help expand their rapidly growing, impactful team! The grid is the backbone of modern society, and optimization technologies will play a critical role in the clean energy transition. Gridware’s contribution to this cannot be overstated. Their smart sensors give utility companies real-time, full-scale visibility into their grid systems, enabling them to pinpoint outages and respond quickly—essential in mitigating disasters like wildfires. I’m hiring data engineers and data scientists, software engineers, electrical and embedded engineers, and a hardware product manager! You can find the jobs on our job board and LI page. Read more about this exciting partnership here: https://buff.ly/405osWo #1MinuteClimateSnippet

Brendan Andersen

Our team was excited to see Timothy Barat and Gridware spotlighted during this excellent discussion. Thanks to John Engel for bringing together such an impressive group!

More press thanks to Power-Grid of the uniquely positioned Gridware Gridscope device. We appreciate the extra attention to one of a few dozen, critically important pilots the Grid Modernization team is working at Puget Sound Energy . We ❤️ hearing about some of the unique use-cases from other utilities over the past few weeks including asset health and even security/ theft awareness due to the unique vibration sensor. Did I mention we were able to install approximately 50 units in a single work day with our service provider, Potelco Inc 😮 Is it that easy?! To install and get operational, YES! But now the real work begins for me, validating the technology, and building out the processes to integrate it into the business-as-usual model. That’s a little of what I do! Ask me more. Thanks to my small team of friends: Alex Brotherston, P.E. Kevin Gowan Reid Shibata, PE Joseph Do, PE Rebecca Rogers Kenneth Lulow and so many more. Thanks to Gridware innovation Timothy Barat and team!

Jeff Hahn, MBA, PMP

🕑Two years ago, I embarked on a journey to pivot my career to impact work. Of the seventeen UN Sustainable Development Goals, those related to climate resonated most. My intuition guided me, at times into uncomfortable territory. Despite a persistent lack of clarity about where I'd end up - and painful false summits and dead ends along the path - I trusted the trail. I relied on support from countless peers, friends, family members, mentors, mentees, advisors, and an incredible coach ( Madonna Commons ), while also taking cues from those already doing the work. As I navigated, curiosity led me to explore climate action from many angles. I learned how little I knew, over and over. Of all the fascinating ways to lend a hand to the crisis, a few in particular kept reappearing and making themselves known: the complexity and necessity of the electric grid, the urgency of climate disasters, and community impact. I didn't know why, and I didn't know where I fit. But I liked how tangible, how palpable, these problems felt. 🕑Two months ago, the trail brought me to Gridware . I'm thrilled that three talented co-founders - Timothy Barat , Hall Chen, and A Bin Omar - entrusted me to join their company as COO. I didn't know the kind of joy I'm experiencing by leading this team and this mission was possible from a job. The humble and mighty team at Gridware is making an impact...protecting the electric grid, preventing wildfires, and safeguarding communities. In my first 7 weeks, I've been inspired by our partnership with PG&E to get 10,000 devices installed and online. 🕑Two days ago, the devastating disaster in Asheville, NC, a place near & dear, has reinforced the tangible and palpable. A flood of catastrophic proportions - as a result of Hurricane Helene - impacted the whole region. While my mom, brother, niece & nephew, and friends are okay, Asheville is not. Hundreds of roadways wiped out, a water system badly damaged, and a grid infrastructure that in parts "needs to be entirely rebuilt." ➡Today, I'm reflecting on my journey and where I've landed. Climate change and the impacts on the grid can bring everything to a halt, stealing livelihoods and lives. As my mother (and Steve Jobs) have said, you can only connect the dots looking backward. To all those who supported me along the way, I can report with certainty - the dots have connected. #careerpivot #sdgs #climateaction #gridware #hurricanehelene #electridgrid #climatevine #terrado #climatedraft #climatedisaster #wildfireprevention #climatetech #utilities #infrastructure

Meghan Reibstein

Proud to see our technology being deployed at scale to support Pacific Gas and Electric Company ’s wildfire prevention efforts. Over 10,000 units already on the California grid, actively working to protect our local communities from disasters before they strike!

Timothy Barat

Thrilled to be partnering with Puget Sound Energy ! Together, we’ll enhance community safety and grid resilience by reducing the risk of wildfire ignitions and improving outage response times. With Gridware ’s Gridscopes, we’ll ensure real-time monitoring and rapid identification of grid vulnerabilities, even in their most remote forested areas. This collaboration helps safeguard communities and strengthen energy reliability, especially as extreme weather events become more frequent. Excited for the journey ahead to build a safer, more resilient grid! #EnergyInnovation #WildfirePrevention #GridResilience

Metric
Company Name	Gridware	International Business Machines Corporation	Itron, Inc.	Omnisens
Symbol		IBM	ITRI
MSH ID	IO:GRIDWARE	COM:IBM	COM:ITRON	COM:OMNISENS
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Utilities	Technology	Technology	Technology
Industry	Energy	Information Technology Services	Hardware, Equipment & Parts	Industrial Monitoring
Country	US	US	US	CH
Stage	Seed			Venture Round
Employee Count		282.20K	5.08K
Website	gridware.io	ibm.com	itron.com/na	omnisens.com
LinkedIn	gridwareinc	ibm	itroninc	omnisens-sa
Founders

Metric
Market Cap		163.36B	4.59B
Enterprise Value
Monthly Web Traffic	15.89K	25.94M		2.38K
Web Traffic Growth	1.16	-0.02		0.20
Valuation
Raised Capital	10.50M			5.32M

Metric
Revenue	61.86B	2.17B
Revenue (LTM)
Revenue (NTM)
Gross Profit	34.30B	694.99M
EBITDA	7.51B	229.29M
Operating Income	7.51B	173.52M
Net Income	7.50B	96.92M
EPS	8.23	2.13
Diluted EPS	8.14	2.11
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.57	0.33
Operating Profit Margin	0.15	0.10
EBITDA Margin	0.12	0.11
Net Profit Margin	0.14	0.08
Return on Equity	0.36	0.15
Return on Assets	0.06	0.06
Return on Capital Employed	0.09	0.10

GRID

IO:GRIDWARE

Gridware

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	22.40	43.67
P/B Ratio	7.46	2.63
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	3.48	2.21
EV Multiple	13.19	18.08

Metric
Days Sales Outstanding	42.56	56.26
Days Payables Outstanding	54.72	58.25
Days Inventory Outstanding	16.66	70.72
Operating Cycle	104.28	123.15
Cash Conversion Cycle	49.56	74.16
Asset Turnover	0.47	0.85

Metric
Operating Cash Flow	13.93B	122.50M
Free Cash Flow	12.12B	95.62M
Cash Flow to Debt	0.24	0.34
Operating Cash Flow/Sales	0.23	0.07
Free Cash Flow Yield	0.08	0.01

Metric
Cash & Equivalents	13.09B	302.05M
Accounts Receivable	725M	-19.49M
Inventory	1.16B	283.69M
Goodwill	60.18B	1.05B
Debt to Capitalization	0.72	0.50
Debt to Assets	0.44	0.20
Current Ratio	0.96	1.82
Quick Ratio	1.06	2.61

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01	0.01
R&D to Revenue	0.08	0.10
SG&A to Revenue	0.20