WeaveGrid
WeaveGrid is a software company that uses machine learning to help utilities manage the grid impact of electric vehicle charging.
Secondary Market Price
Secondary Market Price
How WeaveGrid Measures Up
To help you manage your WeaveGrid equity, Prospect has run the company through our machine learning model.
Prospect Rating
3X
Our rating projects that WeaveGrid could be worth at least 3x its current value in four years. For an employee joining with stock options, this means the value of your equity could triple if the company meets this projection.
Exit Risk
Moderate Risk
Our moderate risk rating for WeaveGrid is based on the company scaling quickly within a nascent large market after having successfully fundraised since the market downturn.
Funding Stage
Series B
WeaveGrid's Series B status indicates it's a company in a high-growth phase, having already established a solid foundation. This means you'd be joining a more stable environment than a brand-new startup, yet still have a significant opportunity to shape its future.
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Prospect Projected Future WeaveGrid Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for WeaveGrid's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
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Company Description
WeaveGrid is a software company founded in 2018 that develops data products to manage the integration of electric vehicles (EVs) with the power grid. The company operates a software-as-a-service platform that uses machine learning to help utilities predict and manage the effects of EV charging. It works with utilities, automakers, and EV owners to lower grid infrastructure costs, integrate renewable energy, and save drivers money. WeaveGrid implements managed charging programs, such as Charging Perks with Xcel Energy and FlexCharge Rewards with Orange and Rockland Utilities, to shift EV charging to off-peak hours. The company was established in San Francisco by co-founders Apoorv Bhargava, who previously worked in business strategy at Opower and Oracle Utilities, and John Taggart, who came from a role in special projects at Tesla.
WeaveGrid plans to expand its products and partnerships to support the increasing adoption of EVs. The company is focused on scaling its managed charging programs nationwide and further developing its proprietary Distribution-Integrated Smart Charging Orchestration (DISCO) technology for more precise grid management. Recent announcements reflect this strategy, including a partnership with GE Vernova's Grid Software business to integrate WeaveGrid's capabilities with GE's DERMS platform and a collaboration with Oracle to accelerate the launch of utility EV programs. The company has also secured strategic investments from automakers including Toyota, Hyundai, and Kia, as well as from LG Technology Ventures, to support its development of grid-interactive vehicle solutions.
- Coatue
- Salesforce Ventures
- Breakthrough Energy
- Collaborative Fund
- Activate Capital
- Co-Founder, CEO Apoorv Bhargava
- Co-Founder, CTO John Taggart
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is WeaveGrid worth joining?
WeaveGrid is a growing climate-tech company with significant Series B funding and partnerships with major U.S. utilities. To decide if it's a good fit, you can use a platform like Prospect to independently evaluate its growth prospects and the potential value of an equity offer.
What should I do with my WeaveGrid stock?
As WeaveGrid is a private company, your stock is illiquid, and your options are limited until an acquisition or IPO. You can use an equity management platform like Prospect to model your stock's potential future value and plan tax-optimized strategies for when you are able to sell.
Can you sell WeaveGrid stock?
Because WeaveGrid is a private company, its stock is not traded on public exchanges and is generally illiquid. Selling shares is typically only possible during specific liquidity events, such as a tender offer organized by the company or through a transaction on a secondary market.
How can I find the value of my WeaveGrid stock?
While WeaveGrid's latest company valuation is between $100M and $250M, this does not determine individual share price. You can use a platform like Prospect, which offers an equity calculator and uses data-driven models to help project what your specific stock holdings could be worth.
What is WeaveGrid's equity worth?
Based on its most recent funding round, WeaveGrid's company valuation is estimated to be between $100 million and $250 million. For a personalized projection of what your equity grant might be worth, you can use an equity calculator that models value based on company performance and market data.
What is WeaveGrid's stock ticker symbol?
WeaveGrid does not have a stock ticker symbol because it is a private company. Its shares are not listed or traded on any public stock exchange.
Can I buy or sell WeaveGrid stock?
As a private, venture-backed startup, WeaveGrid stock is not available for the public to buy or sell on stock markets. Trading is generally restricted to accredited investors participating in organized funding rounds or on specialized secondary markets.
What is the criteria to buy or invest in WeaveGrid stock?
Investment opportunities in a Series B company like WeaveGrid are typically reserved for institutional investors, venture capital firms, or accredited investors. The general public cannot purchase shares unless the company holds an Initial Public Offering (IPO) in the future.
