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CorporateVentureCapital.com

National Grid Partners

Profile, fund size and portfolio

Parent National Grid plcHQ Menlo Park, United StatesFounded 2018

National Grid Partners is the corporate venture arm of National Grid plc (electricity and gas utility). It was founded in 2018 and is based in Menlo Park, United States. It invests from Seed to Growth in future of Electric, operational Efficiency, customer First.

Cumulative investedS5
USD 450M+
Companies backedS1
50+

Every figure links to its source

Snapshot

Investment stage: Seed to Growth
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Growth
SectorsFuture of Electric, Operational Efficiency, Customer First, Clean Energy Vision, Fund of Funds
GeographyUnited States, United Kingdom and Israel
OfficesSilicon Valley (Menlo Park), United States, Boston, United States, New York, United States, London, United Kingdom

Sources: S2 National Grid Partners: portfolio.

Graphic 1 of 3

Investment stage: Seed to Growth

Investment stage: Seed to GrowthBar showing National Grid Partners invests from seed to growth. Sector chips: future of electric, operational efficiency, customer first, clean energy vision, fund of funds. Geography: United States, United Kingdom and Israel.Investment stage: Seed to GrowthNational Grid PartnersSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stageSECTORSFuture of ElectricOperational EfficiencyCustomer FirstClean Energy VisionFund of FundsGEOGRAPHYUnited States, United Kingdom and IsraelCorporateVentureCapital.comSource: National Grid Partners: portfolio
Data behind this graphic
ItemValue
Stage rangeSeed to Growth
SectorsFuture of Electric, Operational Efficiency, Customer First, Clean Energy Vision, Fund of Funds
GeographyUnited States, United Kingdom and Israel
OfficesSilicon Valley (Menlo Park), United States, Boston, United States, New York, United States, London, United Kingdom

Sources: S2 National Grid Partners: portfolio.

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Investments closed by outcome
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
Active4178.8%
Exited1121.2%

Status as the firm tags it

Sources: S4 NGP CMS (Prismic) company documents behind the portfolio page.

Graphic 2 of 3

Investments closed by outcome

Investments closed by outcomeDonut chart of companies by status on the firm's list: Active 78.8%, Exited 21.2%.Investments closed by outcomeNational Grid Partners · Companies by status on the firm's list52COMPANIESActive78.8% 41Exited21.2% 11CorporateVentureCapital.comSource: NGP CMS (Prismic) company documents behind the portfolio page
Data behind this graphic
ItemCompaniesShare
Active4178.8%
Exited1121.2%

Status as the firm tags it

Sources: S4 NGP CMS (Prismic) company documents behind the portfolio page.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 450M+Cumulative investedStated by the firm or its parentS5
Companies backed50+companiesStated by the firmS1
Companies on the firm's portfolio page52companiesCounted from the firm's own listS4

Sources: S5 PR Newswire: NGP achieves key milestones, $450M+ across 50 investments; S1 National Grid Partners: about; S4 NGP CMS (Prismic) company documents behind the portfolio page.

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedNational Grid Partners headline size USD 450M+, basis: Cumulative invested. Dot strip of 2 published counts: Companies backed 50+; Companies on the firm's portfolio page 52.Scale and capital allocatedNational Grid PartnersUSD 450M+CUMULATIVE INVESTEDCOMPANIES BY STATUS ON THE FIRM'S LIST, 52 COMPANIESEXITED 11 · 21.2%ACTIVE 41 · 78.8%COUNTS THE FIRM AND ITS PAGES PUBLISH10100Companies backed50+ companiesCompanies on the firm's portfolio page52 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: S5, S1, S4, listed on the profile
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 450M+Cumulative investedStated by the firm or its parentS5
Companies backed50+companiesStated by the firmS1
Companies on the firm's portfolio page52companiesCounted from the firm's own listS4

Firms and databases count companies, rounds and investments differently.

Sources: S5 PR Newswire: NGP achieves key milestones, $450M+ across 50 investments; S1 National Grid Partners: about; S4 NGP CMS (Prismic) company documents behind the portfolio page.

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Where it invests and who leads it

Geography

Headquarters
Menlo Park, United States
Offices
  • Silicon Valley (Menlo Park), United States
  • Boston, United States
  • New York, United States
  • London, United Kingdom

Investment regionsS2

  • United States, United Kingdom and Israel

LeadersS6S3

National Grid Partners on LinkedIn

Key facts

FactValueStatusSource
Parent companyNational Grid plcSingle sourceS5
Parent industryElectricity and gas utilitySingle sourceS5
Founded2018Single sourceS1
HeadquartersMenlo Park, United StatesSingle sourceS5
StatusActiveSingle sourceS1
Capital sourceParent company onlySingle sourceS1
Headline sizeUSD 450M+ (Cumulative invested)Single sourceS5
Companies backed50+Single sourceS1
People on the team page25Single sourceS3
StagesSeed, GrowthSingle sourceS2

Notable outcomes

IPOs and acquisitions of portfolio companies. Price shown only where published.

CompanyTypeYearAcquirer or exchangePriceSource
1touch.ioAcquisitionEverpureS4
AiDASHAcquisitionSchneider ElectricS4
AporetoAcquisitionPalo Alto NetworksS4
Audio AnalyticAcquisitionMetaS4
AutogridAcquisitionSchneider ElectricS4
CopperleafAcquisitionS4
DragosAcquisitionAccentureS4
EdcastAcquisitionCornerstoneS4
PixeomAcquisitionSiemensS4
RiskIQAcquisitionMicrosoftS4
UrbintAcquisitionItronS4

Portfolio

The firm's portfolio page lists 52 companies: 11 exited, 41 active.S4

Companies by status on the firm's list. Status as the firm tags itS4
TagCompaniesShare
Exited1121.2%
Active4178.8%

Shared portfolio with other corporate VCs

20 companies on the National Grid Partners portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
Salesforce Ventures4Emerald AI, GoCardless, Sitetracker, Urbint
Cisco Investments3Uniphore, Cogniac, Panaseer
Samsung Ventures2Emerald AI, Amperon
GV2Incorta, GoCardless
Aramco Ventures2Captura, Dragos
Presidio Ventures2Leap, Nu Quantum
NVentures1Emerald AI
M121Incorta
Wipro Ventures1Incorta
Hitachi Ventures1Captura
Koch Disruptive Technologies1Dragos
NTT DOCOMO Ventures1Sitetracker

Companies backed by the most corporate VCs

Every company on the National Grid Partners list

52 companies, as listed on the firm's own website: 41 active, 11 exited.S4 Read the firm's list.

Active 41

  • Accuknox
  • AINA
  • Amperon
  • Aperio
  • AptEdge
  • Avathon
  • Captura
  • Centinel
  • CNIGuard
  • Cogniac
  • Cyolo
  • Emerald AI
  • Energy Impact Partners
  • EV Energy
  • Exodigo
  • Finite State
  • GoCardless
  • GridCARE
  • HelixIntel
  • Incorta
  • IQ Capital
  • Jerusalem Venture Partners
  • Leap
  • LineVision
  • Luminance
  • Nu Quantum
  • Omnidian
  • Panaseer
  • Risilience
  • Sensat
  • Sitetracker
  • Terragrit
  • The Hive
  • Tomorrow.io
  • Transcend
  • TS Conductor
  • Uniphore
  • VEIR
  • Viridi
  • Visionary.AI
  • VulnCheck

Exited 11

  • 1touch.io
  • AiDASH
  • Aporeto
  • Audio Analytic
  • Autogrid
  • Copperleaf
  • Dragos
  • Edcast
  • Pixeom
  • RiskIQ
  • Urbint

For founders

ItemWhat the firm saysSource
StagesSeed, GrowthS2
Beyond capitalNextGrid Alliance of over 150 global utilities ; access to National Grid operations and innovation teamS1

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2024-04-11CapturaNot statedNot statedS5
2024-04-11LuminanceNot statedNot statedS5
2024-04-11TranscendNot statedNot statedS5

History

  1. National Grid Partners launched.S1
  2. Founding president Lisa Lambert leaves NGP (GCV report dated 2023-08-18).S7
  3. NGP reaches 50 investments and more than $450 million deployed; 15 follow-on rounds totaling $26 million in the prior year.S5

Official pages

Read the firm's own pages for current information.

Sources

  1. S1National Grid Partners: aboutFirm
  2. S2National Grid Partners: portfolioFirm
  3. S3National Grid Partners: our teamFirm
  4. S4NGP CMS (Prismic) company documents behind the portfolio pageFirm
  5. S5PR Newswire: NGP achieves key milestones, $450M+ across 50 investmentsFirm
  6. S6Pradeep Tagare LinkedIn (search result headline)Third-party report
  7. S7Global Venturing: Lambert leaves National Grid PartnersPress

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by National Grid Partners or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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