Gridspertise Valuation, Funding & Investors

Gridspertise is valued at $719M as of October 2022.

Last Gridspertise valuation

$719M

Secondary · Oct 2022

Key investors in Gridspertise

Gridspertise Overview

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

ItalyRome

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$719M (Oct 2022)

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

Gridspertise valuation by funding round
DateStageValuation
Oct 2022Secondary$719M

Gridspertise Funding History

Gridspertise has 1 recorded secondary share sale and no primary funding rounds.

Gridspertise funding rounds

Gridspertise funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2022SecondaryCVC Capital Partners (lead)$297M$719MGridspertise, 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

Investors in Gridspertise by funding rounds participated
InvestorHQRoundsRoleFirst 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 Trial

Acquisitions 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

Energyworx
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 CountryNetherlands
HQ City
Utrecht
Deal Date19 Sep 2025
Valuationundisclosed
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.

Public and private companies comparable to Gridspertise
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PolenergiaPolandPolandPublicly listed$1.1B$75M$1.1B1.6x
Mahanagar GasIndiaIndiaPublicly listed$856M$162M$1.1B1.1x
Slovensky plynarensky priemyselSlovakiaBratislavaPrivate$2.1B-$7B3.3x
Fred. Olsen WindcarrierNorwayOsloPrivate--$708M-
ViewUnited StatesSan Jose, CAPrivate--$700M-
Elektro EletricidadeBrazilBrazilPublicly 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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Elektro Eletricidade$1.7B$497M2.0x-6.7x-
Shizuoka Gas Co$1.3B$153M0.5x0.5x4.3x4.3x
Ascopiave$281M$204M5.0x4.6x6.9x8.0x
Enel Distribuição Rio$1.7B$256M1.0x-6.6x-
Litgrid$494M$55M1.4x-12.5x-
Rio Paranapanema Energia------
WIP Terminal------
ABRAJ Energy Services$383M$127M2.9x2.7x8.6x8.1x

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.

See companies similar to Gridspertise

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial