Gridless

Gridless

Private
NairobiEnergy & Sustainabilityhttps://gridlesscompute.com

Last Round

Seed

Dec 6, 2022

Total Funding Raised

$2M

Company Overview

Gridless is a bitcoin mining company that designs, builds, and operates bitcoin mining sites alongside small-scale renewable energy producers in rural Africa where excess energy is not utilized.

Sector

Energy & Sustainability

Verticals

Blockchain Infrastructure, Renewable Energy, Energy Management, Smart Grid

Business Model

B2B

Customer Profile

Revenue Share

AI Layer

Application

Keywords

bitcoin miningstranded energy monetizationgreen bitcoin miningrenewable energy miningbuyer of last resortsustainable miningrural electrificationoff-grid miningmini-grid energyanchor tenantflexible loadindependent power producersIPPsmodular data centersenergy optimization softwarerevenue sharing modelfrontier markets

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Gridless Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Gridless Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedDec 6, 2022

Key People

Founding team and executive leadership

Erik Hersman

Chief Executive Officer

Executive Team

Philip Walton

Chief Technology Officer

Executive Team

Gridless Investors

Notable investors and investment history

InvestorRounds
Factor[e] VenturesSeed, Pre Seed
StillmarkSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 26, 2025

    Plans to build more mini power plants in rural villages.

Gridless Filings

SEC and related filings with document metadata.

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Gridless Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Gridless's valuation, stock price, and market status.

Firmographic Details

HeadquartersNairobi
Employee Range13
Year Founded2022
Last FundingDec 6, 2022

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