Richmond software developer Gridsense Ltd raises £130k at £1.5m valuation

Gridsense Ltd, a software development company headquartered in Richmond, has secured an estimated £130k in a new funding round. The investment values the business at an estimated £1.5m post-money.

The funding follows an allotment of shares dated April 4, 2026, with the corresponding documents filed on May 3, 2026. This is the first reported funding event for the company since its incorporation on December 12, 2025.

Operating under company number 16906020, Gridsense Ltd focuses on the development of business and domestic software. The company is in its early stages of operation, having been active for less than five months at the time of the share allotment. According to current LinkedIn data, the business has a headcount of one employee.

The Richmond based firm has not disclosed the specific names of the investors involved in this round. The filing confirms the issuance of new equity, which brings the company's total valuation to the £1.5m mark.

Gridsense Ltd provides software solutions tailored for both the business sector and domestic use. As a recently formed entity, the company has not yet released detailed financial metrics such as annual revenue, profit and loss statements, or total asset values. The current headcount of one suggests a founder led operation at this stage of the company's lifecycle.

This round provides the initial capital for the Richmond startup as it establishes its presence in the software development market. The estimated £130k investment serves as the primary source of external funding recorded for the business to date. The company's registered office is located in Richmond, where it manages its software development activities.

The filing on May 3, 2026, provides the most recent update on the company's capital structure. With a post-money valuation of £1.5m, the £130k investment represents a minority stake in the business. No previous funding rounds or prior valuations are available for comparison due to the recent date of incorporation.