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Valuation

$7.6M

2020 Revenue

$2.5M

Funding

$16.5M

Team · 2024

15

Founded

2018

How GRID CEO Hjalmar Gislason grew to $2.5M revenue with a 15 person team in 2020.

GRID empowers every-day Excel users to turn their spreadsheets into modern web applications without learning any new skills.

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GRID Revenue

In 2020, GRID's revenue reached $2.5M. Since its launch in 2018, GRID has shown consistent revenue growth.

GRID Revenue GrowthReported revenue / ARR over time$0$600K$1.2M$1.8M$2.4M$3M201820192020$0$2.5MSource: GetLatka.com
YearMilestoneQuote
2020GRID Hit $2.5m revenue in August 2020
2018Launched with $0 revenue

GRID Valuation, Funding Rounds

GRID's most recent disclosed valuation is $7.6M.

GRID has raised $16.5M in total funding across 4 rounds, with its most recent round in 2020.

GRID Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$4M$8M$12M$16M$20M201820192020$16.5MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$12M--
2019Funding round$3.5M--
2019Funding round$86K--
2018Funding round$1M--

Founder / CEO

Hjalmar Gislason

CEO

Hjalmar Gislason is the founder and CEO of GRID. Hjalmar previously served as VP of Product Management at Qlik in Boston. He was the founder and CEO of DataMarket, founded in 2008 and sold to Qlik in 2014. A career data nerd and entrepreneur, GRID is Hjalmar’s fifth software startup as a founder.

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Customers

We do not have customer count information for GRID yet.

GRID Employees & Team Size

GRID employs approximately 15 people as of 2026, down from 28 in 2020.

GRID Team GrowthReported headcount over time061218243020182019202020212022202320240028281515Source: GetLatka.com
YearMilestone
2024Reached 15 employees (October 2024)
2020Reached 28 employees (August 2020)

Frequently Asked Questions about GRID

What is GRID's revenue?

GRID generates $2.5M in revenue.

Who founded GRID?

GRID was founded by Hjalmar Gislason.

Who is the CEO of GRID?

The CEO of GRID is Hjalmar Gislason.

How much funding does GRID have?

GRID raised $16.5M across 4 rounds.

How many employees does GRID have?

GRID has 15 employees.

Where is GRID headquarters?

GRID is headquartered in Iceland.

Compare GRID to the industry

GRID operates across multiple industries. Browse revenue, funding, and growth data for GRID in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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