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GRID empowers every-day Excel users to turn their spreadsheets into modern web applications without learning any new skills.
Last updated
In 2020, GRID's revenue reached $2.5M. Since its launch in 2018, GRID has shown consistent revenue growth.
GRID reached a $7.6M valuation in 2025, set during its M&A Offer round.
GRID has raised $16.5M in total funding across 4 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $7.6M | - | |
| 2020 | Funding round | $12M | - | - | |
| 2019 | Funding round | $3.5M | - | - |
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for GRID yet.
GRID employs approximately 15 people as of 2026, down from 28 in 2020.
GRID generates $2.5M in revenue.
GRID was founded by Hjalmar Gislason.
The CEO of GRID is Hjalmar Gislason.
GRID raised $16.5M across 4 rounds.
GRID has 15 employees.
GRID is headquartered in Iceland.
GRID operates across multiple industries. Browse revenue, funding, and growth data for GRID in each sector below.
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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Valuation
$7.6M
2020 Revenue
$2.5M
Funding
$16.5M
Team · 2024
15
Founded
2018
| Year | Milestone | Source |
|---|---|---|
| 2020 | GRID Hit $2.5m revenue in August 2020 | |
| 2018 | Launched with $0 revenue |
| 2019 | Funding round | $86K | - | - |
| 2018 | Funding round | $1M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 15 employees (October 2024) | |
| 2020 | Reached 28 employees (August 2020) |
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