GRID closes $3.5M seed funding

GRID closes $12M in Series A funding round led by NEA

We’re thrilled to announce that we have closed a $12M Series A funding round led by New Enterprise Associates (NEA), with participation from our existing investors BlueYard Capital, Slack Fund, Acequia Capital and other strategic partners! This funding will enable us to bring GRID to market and power accelerated product development. ‍ For more information see our press release. Additional coverage: Tech Crunch: GRID raises $12M Series A to turn spreadsheets into 'visual narratives' SiliconANGLE: Iceland's Grid lands $12M to help workers make their spreadsheets more visual Tech Target:  Analytics startup Grid raises $12 million in funding

GRID closes $3.5M seed funding

We are thrilled to share some great news with you: We just closed $3.5M in seed funding! The investment is led by BlueYard Capital, with participation from strategic investors such as Slack Fund, Acequia Capital and angel investor Charlie Songhurst. We are happy to work with this group, as they add a lot of value to our mission other than their funding. Needless to say, they deeply believe in our mission to empower people to turn any spreadsheet into a beautiful web report, dashboard or interactive application. After our private Alpha launch a few weeks ago, we are now all heads-down again working on product, strategy, network expansion and go-to-market planning. This investment - on top of our $1M angel round in October - fuels current plans well into 2021. It gives us breathing room to focus on building the initial version of our product, take it to market and grow it from there - by delighting our users. We will be adding a few people to our team in the coming weeks and months. This is a fantastic opportunity to join an exciting startup at an inflection point. Take a look at our open positions, and keep an eye on our tweets.

GRID closes $1M angel round

GRID, the software company here to “free the spreadsheet,” closed a $1M angel round of funding this Monday. A Software-as-a-Service (SaaS) startup, GRID’s user-friendly software empowers people to turn any spreadsheet into a beautiful web report, dashboard or interactive application. Investors worldwide participated in the round, both institutions and private individuals from the United States, Europe and Iceland. GRID’s angel investors include: Denmark’s Futuristic.vc angel fund; Iceland’s Brunnur Ventures venture capital fund; Ari Helgason, London-based principal at Index Ventures; Iceland’s early-stage investor Investa; Anthony Deighton, CMO of Celonis and former CTO of Qlik; Kristín Pétursdóttir, Chair at Kvika bank; and America’s 1/0 Capital investment fund. “We are thrilled that the international investment community joins us in our enthusiastic mission. Tremendously humbled and grateful, we look forward to partnering with these investors to expand GRID’s network and strength,” said Hjalmar Gislason, founder and CEO of GRID. “This funding will give us the runway we need to build the initial commercial version of the GRID product and fuel our go-to-market initiatives.” GRID’s founding team includes both repeat team members and Silicon Valley expertise, bringing together the strength of legacy teamwork with U.S.-based go-to-market experience. The founding team consists of: Hjalmar Gislason CEO and founder; Laura Edwards, VP of Revenue; Thorsteinn Yngvi Gudmundsson, VP of Operations; Borgar Thorsteinsson, lead client developer; and Steinn Eldjarn Sigurdarson lead cloud and server developer.