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Gridcare has raised $64 million in an oversubscribed Series A funding round from a combination of tech and energy investors, the company announced today. Sutter Hill Ventures led the investment, which included participation from John Doerr, National Grid Partners, and Future Energy Ventures, among others.
The news comes less than one year after Gridcare emerged from stealth in late May 2025 with $13.5 million in seed funding.
The company uses artificial intelligence to unlock the grid’s underutilized capacity. It employs grid physics, collecting billions of data points across public and proprietary sources — such as utility planning models, interconnection queues, permits, rates, and extreme weather data — to generate a granular map of the available grid capacity. Gridcare then validates its model and assumptions directly with utilities before using the map to help data center developers find available power for their facilities, reducing interconnection timelines to months rather than the usual years it can take to get connected.
CEO and founder Amit Narayan told Latitude Media last year that ideally the company “enters the process before traditional site selection, fundamentally changing how developers approach location decisions,” from a land-first model to a power-first model.
