2024 Revenue
$5.4M
Funding
$1.8M
YOY
44.2%
Team
40
Founded
2016
How Hydrogrid CEO Janice Goodenough grew to $5.4M revenue with a 40 person team in 2024.
HYDROGRID specializes in the optimal dispatch and commercialisation of flexible, renewable power generation, especially hydro power plants. Our 365-days-a-year optimal production planning & dispatch SaaS solutions allow power plant owners to increase their revenues by aligning their production to the power markets whilst at the same time reducing daily operational workload. Contact us to find out how we can help you master the energy transition!
Last updated
Hydrogrid Revenue
In 2024, Hydrogrid's revenue reached $5.4M. The company previously reported $3.7M in 2023. Since its launch in 2016, Hydrogrid has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Hydrogrid Hit $5.4m revenue in October 2024 | |
| 2023 | Hydrogrid Hit $3.7m revenue in November 2023 | |
| 2022 | Hydrogrid Hit $2.4m revenue in November 2022 | |
| 2021 | Hydrogrid Hit $1.5m revenue in November 2021 | |
| 2016 | Launched with $0 revenue |
Hydrogrid Valuation, Funding Rounds
Hydrogrid has not publicly disclosed its valuation. The company has raised $1.8M in total funding to date.
Hydrogrid has raised $1.8M in total funding across 3 rounds, most recently a $874.3K Grant round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Grant | $874.3K | - | - | |
| 2019 | Angel Round | $227.1K | - | - | |
| 2017 | Angel Round | $681.3K | - | - |
Founder / CEO
Janice Goodenough
CEO
CEO at Hydrogrid. I chose to found HYDROGRID because I want to dedicate my work life to making a positive impact on the environment and I believe that intelligent management of renewable energy is a key piece to solving the climate change crisis that we currently face. HYDROGRID provides a fully automated IoT autopilot that delivers optimal dispatch of hydro power plants in real time. Our HYDROGRID Insight solution increases revenues for owners & investors in renewable energy by up to 18% by using cutting-edge algorithms & technology to monitor, forecast and control power plants in an intelligent way, turning hydropower into #smarthydro
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Hydrogrid yet.
Hydrogrid Employees & Team Size
Hydrogrid employs approximately 40 people as of 2026, up from 30 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 40 employees (December 2024) |
| 2024 | Reached 30 employees (October 2024) |
| 2023 | Reached 30 employees (November 2023) |
| 2022 | Reached 20 employees (November 2022) |
| 2022 | Reached 20 employees (February 2022) |
| 2021 | Reached 18 employees (November 2021) |
| 2021 | Reached 18 employees (April 2021) |
| 2020 | Reached 15 employees (November 2020) |
Frequently Asked Questions about Hydrogrid
What is Hydrogrid's revenue?
Hydrogrid generates an estimated $5.4M in annual revenue.
Who founded Hydrogrid?
Hydrogrid was founded by Janice Goodenough.
Who is the CEO of Hydrogrid?
The CEO of Hydrogrid is Janice Goodenough.
How much funding does Hydrogrid have?
Hydrogrid raised $1.8M across 3 rounds.
How many employees does Hydrogrid have?
Hydrogrid has 40 employees.
Where is Hydrogrid headquarters?
Hydrogrid is headquartered in Austria.
Compare Hydrogrid to the industry
Hydrogrid operates across multiple industries. Browse revenue, funding, and growth data for Hydrogrid 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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