23. March 2021
GRID launches no-code spreadsheet-to-web tool
GRID launches no-code spreadsheet-to-web tool enabling everyday spreadsheet users to build smart, interactive web documents
REYKJAVIK, Iceland, March 23, 2021 /PRNewswire/ -- GRID, the Iceland-based SaaS startup on a mission to revolutionize the way people work with data and numbers, today announced the official launch of its no-code productivity tool that will enable spreadsheet users around the world to build interactive, smart documents from their spreadsheets and share them easily on the web.
With an estimated 1 billion spreadsheet users worldwide, there are a huge number of business professionals who encounter the same challenges when it comes to sharing and presenting data from spreadsheets. Formatting, emailing, updating, and trying to communicate insights from spreadsheets are well-known headaches in the world of spreadsheet users. GRID intends to change that.
Nimrod Priell, CEO of Cord and one of GRID's earliest adopters, believes the value GRID provides to his organization is especially significant during a time when remote teams are in need of powerful software solutions. Priell shares, "GRID was invaluable for us - it's quite hard exploring a few options dynamically in an Excel file, and having the explanation together with a dynamic model with visualization is exactly what was needed to explore how growth could look like and what time horizon and budget it would take over this asynchronous, remote world we all found ourselves in!"
GRID has been in open beta since August 2020, following the company's $12M Series A led by NEA. In the six months since then, both the company and product have seen rapid growth, with the team increasing from 14 to 25 and daily signups for the beta program more than doubling. In addition, GRID has added several of its community's most requested features to the product. Users now enjoy the ability to embed GRID documents on their websites, a new and improved editor UI experience, instant synchronization with Google Sheets, and a whole host of other improvements and features.
GRID's new 'Professional' tier, offers a more powerful publishing feature set to subscribers, including custom branded embeds, more options for editing the look and feel of GRID documents, as well as document statistics and other information about document usage. These features are especially valuable for business users who want to publish data models, reports, and calculators either as a service to their existing clientele or as tools to capture new leads. GRID empowers `Professional' tier subscribers to build custom assets themselves and publish them easily to their websites, saving time and money that would otherwise be spent on hiring a developer for the task
Hjalmar Gislason, CEO and founder of GRID explains, "With GRID you no longer need to email spreadsheet files or copy-paste charts and tables into PowerPoints and PDFs for distribution."
As the author of the spreadsheet, GRID allows you to decide which data people see, how they can interact with your models, and remain in control over the distribution of those insights. "No more final-final2.xlsx!" Gislason adds, tongue in cheek. GRID will continue to offer users a feature-rich free tier, with subscription options available to those who want to make use of GRID's more powerful publishing functions as of today. Get started for free at www.grid.is.
Note: In September 2024, the product described in this press release was rebranded as Calculator Studio.
News
Updates and announcements
26.08.2020
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
27.03.2019
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.
31.10.2018
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.