G
Gridwise
Transportation · Pittsburgh, United States · Founded 2016
Creating a smarter mobility grid for cities and the stakeholders within them MoreLess
Gridwise is a startup that provides a comprehensive app designed specifically for rideshare and delivery drivers. The company aims to enhance the earnings of these drivers by offering tools and insights that help them determine the best times and places to drive. According to Gridwise, their app can increase drivers' earnings by up to 39%.
The primary clients of Gridwise are rideshare and delivery drivers who work for companies like Uber, Lyft, DoorDash, and similar services. These drivers face various challenges, such as fluctuating passenger demand and the need to maximize their earnings while minimizing downtime. Gridwise addresses these issues by providing real-time data and analytics that help drivers make informed decisions about when and where to drive.
Gridwise operates in the gig economy market, which has seen significant growth in recent years. This market includes independent contractors who provide on-demand services, such as ridesharing and food delivery. The company leverages data analytics to offer actionable insights, helping drivers optimize their schedules and routes.
The business model of Gridwise is based on a freemium approach. The app is free to download and use, but it also offers premium features that users can access through a subscription. These premium features include advanced analytics, mileage tracking, and income protection plans that replace a portion of lost income when drivers are unable to work. Additionally, Gridwise generates revenue through partnerships and advertising, offering businesses the opportunity to reach their user base.
In summary, Gridwise is a valuable tool for rideshare and delivery drivers, helping them increase their earnings and efficiency through data-driven insights. The company operates in the gig economy market and employs a freemium business model, supplemented by partnerships and advertising revenue.
Keywords: rideshare, delivery drivers, earnings, data analytics, gig economy, freemium, subscription, income protection, mileage tracking, partnerships.
Company overview
Gridwise company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Pittsburgh, United States
- Employees
- 40
- Open positions
- None listed
- Dealroom signal
- 71.0
Valuation & funding
Gridwise funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2022 | $13M | $51M | Riverfront Ventures · Switch Ventures · Scribble Ventures · Crosslink Capital | ↗ |
| SEED✓Equity / VC | Jun 2021 | — | — | Undisclosed | — |
| SEED✓Equity / VC | Feb 2020 | $3.3M | $13M | Switch Ventures · Mountain State Capital · BlueTree Allied Angels | — |
| CONVERTIBLE✓Equity / VC | Jun 2019 | $0 | — | Undisclosed | — |
| SEED✓Equity / VC | Apr 2019 | $1.3M | $5.2M | Undisclosed | — |
| EARLY VC✓Equity / VC | Feb 2019 | Alumni Ventures | — | ||
| SEED✓Equity / VC | Jul 2018 | Undisclosed | — | ||
| SEED✓Equity / VC | Jan 2018 | Innovation Works | — | ||
| CONVERTIBLE✓Equity / VC | Aug 2017 | Right Side Capital Management | — | ||
| SEED✓Equity / VC | Mar 2017 | Techstars · Seth Goldstein · Innovation Works · Luis von Ahn | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $6.6M | 0% | 40 |
| 2025 | $6.6M | 0% | 41 |
| 2024 | $6.6M | 0% | 44 |
| 2023 | $6.6M | +128.3% | 51 |
| 2022 | $2.9M | +11.5% | 43 |
| 2021 | $2.6M | — | 27 |
Growth signals
Gridwise website traffic
Latest recorded traffic for Gridwise is 130K monthly website visits, up 56.6% over the last three months. Gridwise's team declined 2.4% over the past year.
Comparisons
Gridwise compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Gridwise's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Gridwise has talent and traffic
team presence
In the news
Latest news about Gridwise
Recent press, funding announcements, and product moves mentioning Gridwise — open to read from the original sources.
Market sentiment
What the market is saying about Gridwise
An AI-synthesized read of the highest-engagement posts about Gridwise on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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