Smart grid companies in Massachusetts focus on modernizing electrical systems using advanced technologies. These firms range from energy storage developers to analytics software providers, offering innovative solutions for optimized grid performance, renewable energy integration, and overall sustainability. The industry is trending towards greater efficiency and resilience, especially as renewable resources gain prominence. Notably, the growth of virtual power plants and energy management systems reflects the shift towards decentralized energy models, indicating a robust future for smart grid technologies. As startups continue to rise, the Massachusetts smart grid scene showcases a vibrant ecosystem aimed at enhancing energy reliability and sustainability.


The companies listed here include a mix of small to medium-sized businesses, mostly established since 2000. Located primarily in Boston and surrounding areas, these firms specialize in energy technologies, smart home solutions, and energy storage. From well-established firms like Doble Engineering to startups like LineVision, they offer various products, including monitoring systems, energy management solutions, and battery technologies, contributing to a move towards more resilient energy systems.


Read on to discover the top smart grid companies in Massachusetts.


Top 19 Smart Grid Companies in Massachusetts


1. LineVision

  • Website: linevisioninc.com
  • Ownership type: Venture Capital
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 98%, Switzerland 2%
  • Latest funding: Series C, $33.0M, October 2022
  • Founded year: 2018
  • Headcount: 51-200
  • LinkedIn: linevision

LineVision, founded in 2018 and based in Boston, Massachusetts, is an energy technology company that specializes in transmission line monitoring and analytics solutions. The firm focuses on providing utility companies with tools to enhance grid performance and facilitate the integration of renewable energy sources. Their flagship offerings include Dynamic Line Ratings (DLR) and situational awareness tools, which help utilities optimize the capacity and reliability of electric power transmission. LineVision's innovative sensor technology, particularly the LineVision LUX, is notable for being the only non-contact sensor in the industry, allowing for safer and more efficient monitoring of transmission lines. The company has successfully installed over 400 sensors globally, contributing to significant emissions reductions and cost savings for its utility partners. In 2022, LineVision raised $33 million in Series C funding, indicating strong investor confidence in its technology and market potential.


2. Latitude Media

  • Website: latitudemedia.com
  • Ownership type: Venture Capital
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Seed, $2.0M, June 2022
  • Founded year: 2018
  • Headcount: 11-50
  • LinkedIn: post-script-media-inc

Latitude Media, based in Boston, Massachusetts, is an energy management company that operates through its subsidiary, Renew Home. Founded in 2018, the company focuses on virtual power plants and energy solutions, providing services to utility companies and residential users. Renew Home aims to improve grid stability and efficiency by specializing in demand response and smart home integrations. The company has recently secured $2 million in seed funding, which supports its ambitious goals in the energy sector. With a workforce of around 29 employees, Latitude Media is positioned to make significant contributions to the evolving energy landscape, particularly in the context of smart grid technologies.


3. Acelerex

  • Website: acelerex.com
  • Ownership type: Private
  • Headquarters: Cambridge, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 62%, Turkey 12%, India 12%, Other 12%
  • Founded year: 2017
  • Headcount: 11-50
  • LinkedIn: acelerex

Acelerex, founded in 2017 and based in Cambridge, Massachusetts, is a consulting and software firm dedicated to the power sector. The company specializes in clean energy asset valuations, grid automation, and analytics. Acelerex combines its proprietary software innovations with consulting expertise to improve energy management and operational efficiency. Their services include integrated resource planning, utility restructuring, and policy-making for energy storage. Acelerex has worked with a variety of clients, including utilities, investment funds, and government departments, showcasing their influence in the energy sector. They also engage in training and testing services, further solidifying their role in the industry. Acelerex operates internationally, with offices in Turkey, India, and Chile, reflecting their global reach and commitment to advancing energy solutions.


4. Savant Systems

  • Website: savant.com
  • Ownership type: Private Equity
  • Headquarters: Barnstable, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 99%, Other 1%
  • Latest funding: $90.0M, September 2014
  • Founded year: 2005
  • Headcount: 201-500
  • LinkedIn: savant-systems

Savant Systems, Inc., founded in 2005 and based in Barnstable, Massachusetts, is a smart home technology provider that specializes in energy management solutions. The company offers a range of products designed to enhance living and working environments through advanced technology. Their portfolio includes smart home systems, energy monitoring devices, and automated lighting solutions. Savant's clientele consists of both homeowners and businesses looking to improve their energy efficiency and overall comfort. A significant aspect of their operations is the Savant Power System, which provides users with tools to monitor energy consumption, manage solar and battery backup systems, and optimize energy usage. This system is particularly relevant in the context of smart grid technology, as it helps users reduce dependency on the traditional power grid and manage energy resources more effectively. Savant has also received substantial funding, with a reported amount of $90 million in 2014, which underscores its growth potential and commitment to innovation in the smart home and energy management sectors.


5. Form Energy

  • Website: formenergy.com
  • Ownership type: Private Equity
  • Headquarters: Somerville, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Other (Debt), $50.0M, December 2024
  • Founded year: 2017
  • Headcount: 501-1000
  • LinkedIn: form-energy

Form Energy, founded in 2017 and based in Somerville, Massachusetts, is an energy storage technology company that specializes in developing and manufacturing iron-air batteries. These batteries are designed for multi-day energy storage, enabling utilities and energy providers to manage the variability of renewable energy sources effectively. Form Energy's flagship product can store electricity for up to 100 hours, offering a cost-effective alternative to traditional power plants. The company has received significant funding, including a recent $405 million investment aimed at expanding its operations and battery technology. With facilities across several states, Form Energy is actively engaged in projects with major utilities, positioning itself as a key player in the transition to a cleaner and more reliable electric grid.


6. Doble Engineering

  • Website: doble.com
  • Ownership type: Corporate
  • Headquarters: Marlborough, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 65%, Italy 8%, United Kingdom (UK) 7%, Other 20%
  • Latest funding: $319.0M, November 2007
  • Founded year: 1920
  • Headcount: 501-1000
  • LinkedIn: doble-engineering

Doble Engineering Company, founded in 1920 and based in Marlborough, Massachusetts, specializes in diagnostics and testing solutions tailored for the energy sector. With a workforce of approximately 738 employees, the company provides a comprehensive range of products and services, including condition monitoring, electrical testing instruments, and consulting services. Their primary clientele consists of utility companies and organizations within the energy industry, where they play a critical role in ensuring the reliability and safety of electrical assets. Doble's innovative solutions, such as partial discharge testing and cybersecurity measures, are designed to meet the evolving demands of the energy sector, particularly as it transitions towards smarter grid systems. Their extensive experience and commitment to quality have established them as a trusted partner in the industry.


7. ESCO Energy Services Co.

  • Website: goesco.com
  • Ownership type: Corporate
  • Headquarters: Lenox, Massachusetts, United States (USA)
  • Employee distribution: Nigeria 100%
  • Latest funding: October 2014
  • Founded year: 1992
  • Headcount: 11-50
  • LinkedIn: esco-energy-services-co.

ESCO Energy Services Co., based in Lenox, Massachusetts, is an energy solutions provider that specializes in distributed energy infrastructure. Founded in 1992, the company has carved out a niche in the design, implementation, and management of microgrids and energy efficiency services. They cater to a variety of sectors, including healthcare, manufacturing, and retail, offering tailored solutions that enhance energy reliability while reducing operational costs. Their approach integrates advanced technologies and ongoing management to ensure optimal performance of energy systems. ESCO's commitment to sustainability is evident in their focus on renewable energy and energy storage solutions, which are critical for modern energy management. Although the company has not reported any recent funding, their established presence in the energy sector and expertise in microgrid technology position them as a relevant player in the industry.


8. Rexel Energy Solutions USA

  • Website: rexelenergy.com
  • Ownership type: Family Owned
  • Headquarters: Taunton, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 97%, Indonesia 3%
  • Founded year: 1942
  • Headcount: 51-200
  • LinkedIn: rexel-energy-solutions-usa

Rexel Energy Solutions USA, based in Taunton, Massachusetts, is an energy solutions provider that specializes in energy optimization and electrification. Founded in 1942, the company has built a reputation for offering tailored solutions that help businesses achieve their energy efficiency and sustainability goals. Their product offerings include lighting, EV charging stations, HVAC solutions, solar PV, and battery storage, all aimed at enhancing energy performance. Rexel Energy Solutions collaborates with ESCOs and utility programs, providing high-quality energy efficiency solutions and logistical support to ensure successful project execution. Their extensive experience in rebate analysis and project management further solidifies their role in the energy sector, making them a valuable partner for clients looking to navigate the complexities of energy projects.


9. GridUnity

  • Website: gridunity.com
  • Ownership type: Private
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: Other (Grant), $49.5M, October 2024
  • Founded year: 2010
  • Headcount: 51-200
  • LinkedIn: gridunity

GridUnity, founded in 2010 and based in Boston, Massachusetts, is a private software solutions provider specializing in energy analytics and interconnection management. The company focuses on helping utilities and energy project developers navigate the complexities of integrating distributed energy resources into the electric grid. Their platform leverages advanced analytics and cloud computing to optimize utility operations, significantly reducing the time and cost associated with interconnection applications. GridUnity has processed over one million interconnection applications, achieving a remarkable 98% faster processing rate compared to traditional methods. The company collaborates with various utilities, Independent System Operators (ISOs), and Regional Transmission Organizations (RTOs) across North America, enhancing grid reliability and customer satisfaction. Recently, GridUnity secured $49.5 million in funding, which underscores its commitment to innovation and growth in the energy sector.


10. 3C Electrical Co.


3C Electrical Co., based in Westborough, Massachusetts, is a private power services firm founded in 1971. The company specializes in engineering and technical solutions tailored for utilities and industrial clients. Their service offerings include project management, renewable energy solutions, and specialized field services. 3C Electrical Co. plays a significant role in the energy sector by providing reliable and innovative power system solutions. They cater to a variety of clients, including government entities and energy developers, focusing on enhancing the efficiency and reliability of power systems. Their expertise extends to grid modernization and resource interconnection, which are critical components in the transition towards smarter energy systems. The company is actively involved in the integration of renewable energy sources, contributing to the development of sustainable energy solutions.


11. Noresco

  • Website: noresco.com
  • Ownership type: Corporate
  • Headquarters: Westborough, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 99%
  • Latest funding: December 2008
  • Founded year: 1984
  • Headcount: 201-500
  • LinkedIn: noresco

Noresco, founded in 1984 and based in Westborough, Massachusetts, specializes in energy efficiency and sustainability solutions. The company offers a wide array of services, including performance contracting, renewable energy integration, and infrastructure design, catering to sectors such as government, education, and healthcare. Noresco's business model is centered on delivering tailored solutions that enable clients to lower operational costs and meet sustainability objectives. Their expertise extends to energy efficiency retrofits, microgrid development, and comprehensive sustainability consulting. By focusing on innovative energy solutions, Noresco plays a significant role in advancing energy management practices and supporting the transition to a more sustainable energy future.


12. ControlPoint Technologies, Inc.

  • Website: cpteng.com
  • Ownership type: Private
  • Headquarters: Rockland, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1999
  • Headcount: 51-200
  • LinkedIn: controlpoint-technologies

ControlPoint Technologies, Inc., founded in 1999 and based in Rockland, Massachusetts, is an engineering consulting firm dedicated to providing technical solutions for electric power utilities, public power utilities, electric cooperatives, and various facilities. With a workforce of approximately 64 employees, the company offers a comprehensive suite of services that includes renewable energy studies, grid modernization, microgrid development, and project management. Their expertise extends to distribution planning, power system studies, and substation engineering, making them a valuable partner for utilities aiming to enhance their infrastructure. ControlPoint's commitment to quality and customer service is evident in their approach to project management, where they prioritize collaboration and effective communication with clients. Their work supports the integration of new technologies and the modernization of existing systems, which is vital in today's energy landscape.


13. GreenStruxure

  • Website: greenstruxure.com
  • Ownership type: Private
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 44%, Mexico 33%, France 20%, Other 3%
  • Latest funding: $15.0M, June 2022
  • Founded year: 2020
  • Headcount: 51-200
  • LinkedIn: greenstruxure

GreenStruxure, founded in 2020 and based in Boston, Massachusetts, is an energy solutions provider that specializes in sustainable energy and microgrid development. The company offers innovative services such as Energy as a Service (EaaS) and Energy Cost Optimization, aimed at helping businesses and organizations enhance energy resilience and sustainability. Their clientele spans various sectors, including healthcare, logistics, and commercial real estate, all seeking reliable energy solutions without the need for upfront capital investment. GreenStruxure has received $15 million in funding as of June 2022, which supports its mission to industrialize the development of microgrids for medium-sized buildings. The company is backed by notable partners like Schneider Electric, Huck Capital, and ClearGen, which strengthens its position in the energy market and underscores its commitment to facilitating the transition to clean energy.


14. Nexamp

  • Website: nexamp.com
  • Ownership type: Venture Capital
  • Headquarters: Boston, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 99%, Other 1%
  • Latest funding: Other (Debt), $340.0M, April 2025
  • Founded year: 2007
  • Headcount: 201-500
  • LinkedIn: nexamp

Nexamp, founded in 2007 and headquartered in Boston, Massachusetts, is a clean energy provider specializing in solar energy and energy storage solutions. The company offers a range of services, including community solar, energy storage, and power purchase agreements, aimed at helping residential consumers, businesses, and municipalities reduce energy costs and achieve sustainability goals. With a workforce of over 500 employees, Nexamp has established itself as a significant player in the renewable energy sector. The company has received substantial funding, with a recent amount of $340 million reported in April 2025, indicating strong investor confidence in its business model. Nexamp's operations include the development, management, and maintenance of solar and energy storage assets across the United States, making it a key contributor to the transition towards a cleaner energy future.


15. Malta Inc

  • Website: maltainc.com
  • Ownership type: Venture Capital
  • Headquarters: Cambridge, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 47%, Spain 27%, Italy 7%, Other 20%
  • Latest funding: $21.6M, November 2023
  • Founded year: 2018
  • Headcount: 11-50
  • LinkedIn: maltainc

Malta Inc., founded in 2018 and based in Cambridge, Massachusetts, specializes in long-duration energy storage solutions. The company is dedicated to providing innovative technologies that facilitate the integration of renewable energy sources while enhancing grid stability. Their flagship product, the thermo-electric energy storage system, allows for the storage of energy from various generation sources, making it a versatile solution for electric utilities and industrial users. Malta Inc. operates on a global scale, with a significant presence in the United States, Spain, and Italy, among other countries. The company has recently secured funding of approximately $21.6 million, which underscores its potential for growth and development in the energy sector. Malta's technology not only aims to support the transition to sustainable energy but also addresses the economic challenges posed by the retirement of fossil fuel plants, offering a pathway for communities to adapt to changing energy demands.


16. NewGrid

  • Website: newgridinc.com
  • Ownership type: Private
  • Headquarters: Somerville, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 88%, Germany 12%
  • Latest funding: Other (Grant), $250,000, August 2021
  • Founded year: 2016
  • Headcount: 1-10
  • LinkedIn: newgrid

NewGrid, founded in 2016 and based in Somerville, Massachusetts, is an energy management company that specializes in grid congestion monitoring and mitigation services. The firm provides advanced topology optimization software and consulting services tailored for transmission operators and utilities. Their offerings include comprehensive auditing, monitoring, and mitigation services designed to enhance grid reliability and reduce operational costs. NewGrid's innovative solutions help clients navigate the complexities of energy distribution, particularly in managing congestion and integrating renewable resources. The company has received funding, including a grant of $250,000 in August 2021, which supports its ongoing development and expansion in the energy sector. With a small but experienced team, NewGrid is committed to improving the efficiency of the grid and ensuring that energy operators can make informed decisions in an increasingly unpredictable environment.


17. Dalkia Energy Solutions

  • Website: dalkiasolutions.com
  • Ownership type: Private
  • Headquarters: Beverly, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 78%, France 9%, United Kingdom (UK) 8%, Other 4%
  • Founded year: 1985
  • Headcount: 51-200
  • LinkedIn: dalkia-energy-solutions

Dalkia Energy Solutions, based in Beverly, Massachusetts, is an energy services company that specializes in providing energy-efficient technologies and services primarily to commercial and industrial clients. Founded in 1985, the company has developed a robust portfolio of solutions that includes chiller services, combined heat and power systems, and digital services aimed at enhancing energy management and sustainability. Dalkia serves a variety of sectors, including healthcare, education, and manufacturing, helping clients reduce energy costs and minimize their environmental impact. Their digital services facilitate advanced energy management, integrating multiple energy systems to optimize performance. Dalkia's strategic energy management programs are designed to assist large corporations in achieving their sustainability goals, showcasing their commitment to innovation in energy efficiency.


18. REON Technology

  • Website: reoncorp.com
  • Ownership type: Private
  • Headquarters: Somerville, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 94%, China 6%
  • Founded year: 2022
  • Headcount: 11-50
  • LinkedIn: reon-technology

REON Technology, Inc. is an energy solutions provider based in Somerville, Massachusetts, founded in 2022. The company focuses on renewable energy management and energy storage systems, offering products such as the Mobile Power Station, Energy Block System, and Latitude Energy System. These solutions are designed to help businesses optimize energy use and reduce costs. REON's technology leverages artificial intelligence to enhance the performance of batteries and solar panels, significantly extending their usable life. The company is committed to supporting the global goal of net-zero carbon emissions by 2050, aiming to democratize renewable energy access. With a small team of 11-50 employees, REON is actively contributing to the renewable energy sector, emphasizing safety, reliability, and efficiency in their offerings.


19. Upstart Power

  • Website: upstartpower.com
  • Ownership type: Venture Capital
  • Headquarters: Southborough, Massachusetts, United States (USA)
  • Employee distribution: United States (USA) 94%, Puerto Rico 6%
  • Latest funding: Series A, $22.5M, July 2024
  • Founded year: 2018
  • Headcount: 11-50
  • LinkedIn: upstart-power-inc

Upstart Power, founded in 2018 and based in Southborough, Massachusetts, is an innovative energy solutions provider specializing in Solid Oxide Fuel Cell (SOFC) technology. The company focuses on developing products that enhance energy independence for residential, industrial, and commercial customers. Their flagship offering, the Upgen NXG fuel cell generator, is designed to provide reliable power during grid outages and to help manage energy costs in an era of rising utility rates. Upstart Power's solutions are particularly relevant for customers seeking to optimize their energy use and ensure resilience against grid disruptions. The company has recently secured over $22 million in Series A funding, highlighting investor confidence in their technology and market potential. With a team of experienced professionals from the fuel cell industry, Upstart Power is positioned to contribute significantly to the transition towards cleaner and more efficient energy systems.



Smart Grid Insights: Key Companies in Massachusetts


CompanyHeadquarterSizeFoundedOwnership
LineVisionBoston, Massachusetts, United States (USA)51-2002018Venture Capital
Latitude MediaBoston, Massachusetts, United States (USA)11-502018Venture Capital
AcelerexCambridge, Massachusetts, United States (USA)11-502017Private
Savant SystemsBarnstable, Massachusetts, United States (USA)201-5002005Private Equity
Form EnergySomerville, Massachusetts, United States (USA)501-10002017Private Equity
Doble EngineeringMarlborough, Massachusetts, United States (USA)501-10001920Corporate
ESCO Energy Services Co.Lenox, Massachusetts, United States (USA)11-501992Corporate
Rexel Energy Solutions USATaunton, Massachusetts, United States (USA)51-2001942Family Owned
GridUnityBoston, Massachusetts, United States (USA)51-2002010Private
3C Electrical Co.Westborough, Massachusetts, United States (USA)51-2001971Private
NorescoWestborough, Massachusetts, United States (USA)201-5001984Corporate
ControlPoint Technologies, Inc.Rockland, Massachusetts, United States (USA)51-2001999Private
GreenStruxureBoston, Massachusetts, United States (USA)51-2002020Private
NexampBoston, Massachusetts, United States (USA)201-5002007Venture Capital
Malta IncCambridge, Massachusetts, United States (USA)11-502018Venture Capital
NewGridSomerville, Massachusetts, United States (USA)1-102016Private
Dalkia Energy SolutionsBeverly, Massachusetts, United States (USA)51-2001985Private
REON TechnologySomerville, Massachusetts, United States (USA)11-502022Private
Upstart PowerSouthborough, Massachusetts, United States (USA)11-502018Venture Capital


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