The problem
Utilities face fast load growth from EVs and devices without overbuilding transformers, feeders and substations
What they do
Software that lets utilities orchestrate EV charging, home batteries and smart devices on the grid
Traction ~$5.5M revenue (est.); works with utilities serving 50%+ of US EVs; 4+ new utility programs in 2026
Hiring trend
- Open roles
- 2
- Headcount
- ~60-75
Shrinking: ~87 → ~59 staff Q1 2025 to Q1 2026 (Revelio), LinkedIn ~74 (-16% YoY); 3 open roles; ~20% layoff Sep 2025
Hiring in
- Remote
Latest news
Sep 2026
Powers new PG&E and GM Energy home-charging bundle with managed-charging savings ↗Glassdoor
4.0 ★ 10 reviews ↗Funding
- Last round
- $28M
- Stage
- Series B
- Date
- Dec 2024
Led by Woven Capital (Toyota); Salesforce Ventures (Series B lead)
- Hiring+0.52 open roles on the live job board (1–2 roles = +0.5)
- Funding recency+0.5Series B · $28M, Dec 2024 (22 months ago): 12–24 months = +0.5
- Traction+0.75Some growth: ~$5.5M revenue (est.); works with utilities serving 50%+ of US EVs; 4+ new utility programs in 2026
- Red flags−11 significant flag in the last 24 months, −1 eachSep 2025 layoff cut ~20% of staff across teams and seniority; headcount down ~32% YoY to ~59 by Q1 2026 (Revelio). No new priced VC round since Dec 2024; only undisclosed strategic checks from Hyundai/Kia (Jan 2025) and LG Technology Ventures (Sep 2025).LinkedIn: former employee on ~20% layoff at WeaveGrid (Sep 2025) ↗ · TrueUp: WeaveGrid layoff tracker (Sep 2025, 16 impacted) ↗ · Revelio Labs: Weave Grid headcount 87 → 59, Q1 2025 to Q1 2026 ↗
- Total0.750.5 + 0.5 + 0.75 − 1 = 0.75 → Cool-down
Cool-down rule: score under 1.5 and headcount is shrinking or there were layoffs.
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: hard to leave
A recognized leader in US EV managed charging (Wood Mackenzie; utilities serving 50%+ of US EVs, sticky multi-year regulated programs), but a small, shrinking company in a crowded field with EnergyHub (Alarm.com), ev.energy and the automaker JV ChargeScape, and it depends on automaker telematics access.
Sources: WeaveGrid: Wood Mackenzie names WeaveGrid a managed-charging leader (Sep 2025) ↗ · Teardown: ev.energy competitive landscape (ChargeScape, EnergyHub, WeaveGrid) ↗ · EnergyHub: EV utility programs, 60%+ of EVs reachable via integrations ↗
Watch-outs
Sep 2025 layoff cut ~20% of staff across teams and seniority; headcount down ~32% YoY to ~59 by Q1 2026 (Revelio). No new priced VC round since Dec 2024; only undisclosed strategic checks from Hyundai/Kia (Jan 2025) and LG Technology Ventures (Sep 2025).
Sources: LinkedIn: former employee on ~20% layoff at WeaveGrid (Sep 2025) ↗ · TrueUp: WeaveGrid layoff tracker (Sep 2025, 16 impacted) ↗ · Revelio Labs: Weave Grid headcount 87 → 59, Q1 2025 to Q1 2026 ↗
Open ops roles
No ops roles open right now
Last checked Oct 25, 2026