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- Gridspertise
Gridspertise Valuation, Funding & Investors
Gridspertise is valued at $719M as of October 2022.
Last Gridspertise valuation
$719M
Secondary · Oct 2022
Key investors in Gridspertise
About Gridspertise
Gridspertise is a Rome-headquartered Enel Group subsidiary supplying digital grid technologies to 100 million end-users worldwide. Spun out in 2021, it provides ADMS, DERMS, and GIS platforms deployed in Italy, Brazil, and Australia. Partnerships with Microsoft Azure host edge analytics for 1 million smart meters. Gridspertise equips e-distribuzione with fault prediction reducing SAIDI by 15 percent.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$719M (Oct 2022)
Sectors
Gridspertise Valuation
Gridspertise is currently valued at $719M, based on its secondary sale in October 2022.
The $297M round was led by CVC Capital Partners.
Gridspertise valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2022 | Secondary | $719M |
Gridspertise Funding History
Gridspertise has 1 recorded secondary share sale and no primary funding rounds.
Gridspertise funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2022 | Secondary | CVC Capital Partners (lead) | $297M | $719M | Gridspertise, established in 2021 by Enel Grids, provides hardware, software, and services to electricity infrastructure operators for the digital transformation of power grids into smart grids. It offers advanced solutions including smart electricity meters, grid devices, and cloud-edge platforms, serving markets in Italy, Brazil, Latin America, Spain, and beyond in a €30 billion global market. On October 20, 2022, Enel agreed to sell a 50% stake in Gridspertise to CVC Capital Partners Fund VIII for around €300 million in consideration. This valued the company at an enterprise value of €625 million, with potential deferred payments that could increase it to €1 billion. The transaction closed by December 22, 2022, enabling Enel and CVC to jointly operate and control Gridspertise. The deal aligns with Enel's strategic plan to partner with third parties for infrastructure investments and generated a positive EBITDA impact of €500 million for the Enel Group. CVC aims to enhance Gridspertise's go-to-market capabilities, geographical diversification, and operational performance, leveraging its energy infrastructure expertise. |
Who has invested in Gridspertise?
1 investor has backed Gridspertise across its funding rounds, including CVC Capital Partners.
Lead investors include CVC Capital Partners.
Gridspertise Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Gridspertise investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Gridspertise
Gridspertise has acquired 1 company to date.
Last acquisition by Gridspertise was on September 19th 2025. Gridspertise acquired Energyworx for undisclosed valuation.
Latest Acquisitions by Gridspertise
| Description | Energyworx is a Houten-headquartered software firm offering a SaaS platform for energy data management. Founded in 2012, the company processes meter data, enables smart grid balancing, and provides real-time analytics for utilities in Europe and beyond. Energyworx integrates diverse sources for loss reduction in transmission and distribution networks. |
| HQ Country | |
| HQ City | Utrecht |
| Deal Date | 19 Sep 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Gridspertise acquisitions and their M&A valuation multiples. Start Free Trial | |
Gridspertise Competitors
Gridspertise competitors include listed companies like Polenergia, Mahanagar Gas and Elektro Eletricidade, and private ones like Slovensky plynarensky priemysel, Fred. Olsen Windcarrier and View.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | $75M | $1.1B | 1.6x | ||
| Publicly listed | $856M | $162M | $1.1B | 1.1x | ||
| Private | $2.1B | - | $7B | 3.3x | ||
| Private | - | - | $708M | - | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $1.7B | $497M | $758M | - |
Gridspertise Public Comps
Gridspertise is still privately-owned, but its public comps include Elektro Eletricidade, Shizuoka Gas Co, Ascopiave, Enel Distribuição Rio, Litgrid, Rio Paranapanema Energia, WIP Terminal, ABRAJ Energy Services, Pason Systems and Caribbean Utilities Company.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.7B | $497M | 2.0x | - | 6.7x | - | |||
| $1.3B | $153M | 0.5x | 0.5x | 4.3x | 4.3x | |||
| $281M | $204M | 5.0x | 4.6x | 6.9x | 8.0x | |||
| $1.7B | $256M | 1.0x | - | 6.6x | - | |||
| $494M | $55M | 1.4x | - | 12.5x | - | |||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| $383M | $127M | 2.9x | 2.7x | 8.6x | 8.1x | |||
This data is available for Pro users. Sign up to see all Gridspertise competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gridspertise
| When was Gridspertise founded? | Gridspertise was founded in 2021. |
| Where is Gridspertise headquartered? | Gridspertise is headquartered in Rome, Italy. |
| Is Gridspertise publicly listed? | No, Gridspertise is a private, VC-backed company. |
| What is Gridspertise's valuation? | Gridspertise was last valued at $719M in its secondary sale in October 2022. |
| Who are Gridspertise's investors? | Gridspertise's investors include CVC Capital Partners. |
| Which companies are comparable to Gridspertise? | Companies comparable to Gridspertise include Polenergia, Mahanagar Gas, Slovensky plynarensky priemysel, Fred. Olsen Windcarrier, View and Elektro Eletricidade. |
| How many companies has Gridspertise acquired? | Gridspertise has acquired 1 company, including Energyworx. |
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