Smarter Grid Solutions

OverviewSuggest Edit

Smarter Grid Solutions is a company that provides distributed energy resources management system (DERMS) software. Its products include ANM Strata and ANM Element. The company serves distribution utility, system operator, and energy asset operator customers.

TypePrivate
Founded2008
HQGlasgow, GB
Websitesmartergridsolutions.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Jan 2022)68
Revenue (FY, 2019)£7.2 M(+22%)
Cybersecurity ratingBMore
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Key People/Management at Smarter Grid Solutions

Brent Marshall

Brent Marshall

CEO
Alan Gooding

Alan Gooding

Co-Founder, Director, EVP of Channel and Partners
Emily Wheeler

Emily Wheeler

EVP of Operations
Graham Ault

Graham Ault

EVP and DER Operators General Manager
Stuart McGhie

Stuart McGhie

Finance Director
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Smarter Grid Solutions Office Locations

Smarter Grid Solutions has offices in Glasgow, New York and San Francisco
Glasgow, GB (HQ)
The Optima Building, 58 Robertson St
New York, NY, US
335 Madison Ave Floor 4
San Francisco, CA, US
995 Market St
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Smarter Grid Solutions Financials and Metrics

Summary Metrics

Founding Date

2008

Smarter Grid Solutions total Funding

$8.1 m

Smarter Grid Solutions latest funding size

$3.15 m

Time since last funding

6 years ago

Smarter Grid Solutions investors

Smarter Grid Solutions's latest funding round in August 2015 was reported to be $3.1 m. In total, Smarter Grid Solutions has raised $8.1 m
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Smarter Grid Solutions Revenue

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Smarter Grid Solutions's revenue was reported to be £7.22 m in FY, 2019
GBP

Revenue (FY, 2019)

7.2m

Gross profit (FY, 2019)

4.7m

Gross profit margin (FY, 2019), %

65.2%

Net income (FY, 2019)

(718.9k)

EBIT (FY, 2019)

(924.7k)

Cash (31-Mar-2019)

679.7k
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.2m4.3m5.7m6.0m7.2m

Revenue growth, %

34%4%

Cost of goods sold

1.6m1.6m2.4m2.0m2.5m

Gross profit

2.6m2.7m3.3m4.0m4.7m
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

784.5k862.3k624.8k1.1m679.7k

Accounts Receivable

1.8m697.5k833.4k1.2m511.7k

Inventories

73.3k40.6k14.6k

Current Assets

3.0m2.1m2.4m4.8m4.2m
GBPFY, 2016FY, 2017FY, 2018

Inventories

(73.3k)32.7k

Accounts Payable

451.0k746.0k705.7k

Cash From Operating Activities

(332.0k)283.6k(2.0m)

Purchases of PP&E

(308.5k)
GBPFY, 2015

Financial Leverage

1.9 x
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Smarter Grid Solutions Operating Metrics

Smarter Grid Solutions's Customers was reported to be 30 in Mar, 2019.
Mar, 2019Aug, 2019

Customers

30

Generation Assets, MW

300

Total Renewable Generation Capacity, MW

2501.3 k
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Smarter Grid Solutions Revenue Breakdown

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Smarter Grid Solutions revenue breakdown by geographic segment: 47.3% from United Kingdom and 52.7% from North America

Smarter Grid Solutions Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Smarter Grid Solutions Online and Social Media Presence

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Smarter Grid Solutions Blogs

The case for flexible interconnection featuring our successful Flexible Interconnect Capacity Solution (FICS) project with AVANGRID

Smarter Grid Solutions was proud to be brought in as the DERMS solution provider in the Flexible Interconnect Capacity Solution (FICS) REV demonstration project with RG&E / AVANGRID in New York State. The project features our flagship Strata Grid DERMS (distributed energy resource ma…

Renewable energy generation boosted by more than 100% in US-first demonstration project

Energy software provider, Smarter Grid Solutions, in partnership with AVANGRID, a leading sustainable energy company, have delivered a ground-breaking US grid integration project that has the potential to more than double wind and solar generation connections by using innovative new soft…

Top marks for Oxfordshire primary school in one-of-a-kind sustainable school trial

Partnership between Smarter Grid Solutions and the Low Carbon Hub demonstrates potential of community energy A primary school in Oxfordshire could pave the way to greater sustainability and cost-savings in schools nationwide thanks to a one-of-a-kind trial of green energy storage on sch…

Report Reveals Jobs Created And Carbon Saved Thanks To SGS Role In East Lothian Energy Trial

Research and technology from Smarter Grid Solutions have helped create jobs and cut carbon emissions in an energy project trial in East Lothian, Scotland.

Aiming for Zero Carbon Footprint: Footprint Estimation & Science-based Action Plan

Written by Graham Ault & Johann Behaim  
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Smarter Grid Solutions Frequently Asked Questions

  • When was Smarter Grid Solutions founded?

    Smarter Grid Solutions was founded in 2008.

  • Who are Smarter Grid Solutions key executives?

    Smarter Grid Solutions's key executives are Brent Marshall, Alan Gooding and Emily Wheeler.

  • How many employees does Smarter Grid Solutions have?

    Smarter Grid Solutions has 68 employees.

  • What is Smarter Grid Solutions revenue?

    Latest Smarter Grid Solutions annual revenue is £7.2 m.

  • What is Smarter Grid Solutions revenue per employee?

    Latest Smarter Grid Solutions revenue per employee is £106.1 k.

  • Who are Smarter Grid Solutions competitors?

    Competitors of Smarter Grid Solutions include Xoserve, Spirae and GoldMine.

  • Where is Smarter Grid Solutions headquarters?

    Smarter Grid Solutions headquarters is located at The Optima Building, 58 Robertson St, Glasgow.

  • Where are Smarter Grid Solutions offices?

    Smarter Grid Solutions has offices in Glasgow, New York and San Francisco.

  • How many offices does Smarter Grid Solutions have?

    Smarter Grid Solutions has 3 offices.