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Valuation

$1.9M

2024 Revenue

$630.1K

Funding

$0

YOY

58.3%

Team

4

Founded

2014

How Gridmates CEO George Koutitas grew to $630.1K revenue with a 4 person team in 2024.

Provider of a donation-based energy crowdfunding platform designed to browse distressed electricity customer profiles and donate energy assistance. The company's donation-based energy crowdfunding platform helps people to give a small amount of energy to others in need and it also offers a software for peer to peer energy sharing in an energy cloud platform to eliminate energy poverty, enabling electric companies & low-income non-profits to improve their customer assistance programs and social responsibility.

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Gridmates Revenue

In 2024, Gridmates's revenue reached $630.1K. The company previously reported $398.1K in 2023. Since its launch in 2014, Gridmates has shown consistent revenue growth.

Gridmates Revenue GrowthReported revenue / ARR over time$0$150K$300K$450K$600K$750K201420162018202020222024$0$332K$630KSource: GetLatka.com
YearMilestoneQuote
2024Gridmates Hit $630.1k revenue in October 2024
2023Gridmates Hit $398.1k revenue in October 2023
2021Gridmates Hit $331.7k revenue in April 2021
2014Launched with $0 revenue

Gridmates Valuation, Funding Rounds

Gridmates's most recent disclosed valuation is $1.9M.

Gridmates is a bootstrapped SaaS startup. Founded in 2014, Gridmates has grown to $630.1K in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Gridmates has built its business with no outside investment.

Gridmates Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12014Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

George Koutitas

George Koutitas is listed as Founder / CEO at Gridmates.

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Customers

We do not have customer count information for Gridmates yet.

Gridmates Employees & Team Size

Gridmates employs approximately 4 people as of 2026.

Gridmates Team GrowthReported headcount over time0235682014201620182020202220240044Source: GetLatka.com
YearMilestone
2024Reached 4 employees (October 2024)
2023Reached 4 employees (October 2023)
2022Reached 5 employees (October 2022)
2021Reached 4 employees (December 2021)
2021Reached 7 employees (April 2021)

Frequently Asked Questions about Gridmates

What is Gridmates's revenue?

Gridmates generates $630.1K in revenue.

Who founded Gridmates?

Gridmates was founded by George Koutitas.

Who is the CEO of Gridmates?

The CEO of Gridmates is George Koutitas.

How much funding does Gridmates have?

Gridmates raised $0.

How many employees does Gridmates have?

Gridmates has 4 employees.

Where is Gridmates headquarters?

Gridmates is headquartered in Austin, Texas, United States.

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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Gridmates Revenue 2024: $630.1K ARR, $1.9M Valuation