Gridsight Raises $26M Series B
Gridsight raises $26M Series B led by Insight Partners to scale its AI-powered grid capacity management platform for utilities in the US and Australia.
Gridsight Raises $26M Series B
Gridsight, an AI-powered capacity management platform for utilities based in Australia and the United States, has raised $26 million in Series B funding. The company provides a software platform that helps utility providers optimize existing electrical grid infrastructure to handle increased demand from data centers, electric vehicles, and distributed energy resources.
Investors
The funding round was led by Insight Partners, a global software-focused venture capital firm. Participating investors included Galvanize, Airtree, Energy Transition Ventures, and Aera VC.
Gridsight Use of Funds
The company plans to use the new capital to accelerate its expansion into the United States market while continuing to support its growth in Australia. The funds will help scale its platform capabilities to assist utilities in managing grid complexity and connecting new loads more efficiently.
About Gridsight
Founded in 2021, Gridsight is led by co-founder and CEO Brendan Banfield. The company provides a software platform that integrates utility-specific grid models with AI agents and electrical physics to give grid operators real-time visibility into network capacity, allowing for smarter management and faster connection of customer energy resources.
Funding Details
Company Website: https://gridsight.ai
Company: Gridsight
Raised: $26M
Round: Series B
Funding Date: September 2026
Lead Investor: Insight Partners
Additional Investors: Galvanize, Airtree, Energy Transition Ventures, Aera VC
Company Website: https://gridsight.ai
Software Category: Energy Software
Source: https://www.pv-magazine-australia.com/press-releases/gridsight-raises-26-million-series-b-to-unlock-electric-grid-capacity-and-affordability/