Tantalus Systems Holding Inc.

About Tantalus Systems Holding Inc.

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all devices and systems, from substations to EV chargers behind the meter. They offer smart grid solutions including intelligent connected devices, communications networks, data management, enterprise applications, and analytics.

Products & Services

Tantalus Grid Modernization Platform (TGMP™):A technology architecture delivering visibility, command, and control across utility operations, providing a secure, flexible, and affordable path to grid modernization with data interoperability across devices and systems.

TRUConnect™ AMI:A multi-commodity industrial IoT network with advanced smart meters and connected devices to enhance utility resiliency, reliability, and efficiency.

TRUFlex™ Load+DER Management:A system to manage residential and commercial loads, reducing costs and supporting demand-side flexibility programs.

TRUGrid™ Automation:A suite of applications and analytics tools using AI to detect anomalies in power quality data and provide proactive insights for resolving grid vulnerabilities.

TRUSync™ Grid Data Management:Automates data integration across devices, systems, and vendors, managing data flow throughout the utility.

TRUSense Gateway™:A first-to-market solution supporting next-generation AMI, grid optimization, DER integration, and broadband initiatives by leveraging existing infrastructure.

Specialties

Grid Modernization Smart Grid Solutions Data Interoperability Advanced Metering Infrastructure (AMI) Distributed Energy Resources (DER) Management Grid Data Management Artificial Intelligence (AI) for Grid Analytics

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Private Placement T: - FT: Private Placement	A: 10000000 MR: - FA: C$10 million FAN: 10000000	D: 2024-05-08 FD: 2024-05-08	2 investors
2	RT: Debt T: - FT: Debt	A: 7000000 MR: - FA: up to US$7.0 million FAN: 7000000	D: 2023-06-30 FD: 2023-06-30	1 investors

Private Placement Latest

2024-05-08

$10.0M

2 investors (Pro only)

Debt 2023-06-30

$7.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

P

PETER LONDA

PRESIDENT & CHIEF EXECUTIVE OFFICER, DIRECTOR

A

AZIM LALANI

CHIEF FINANCIAL OFFICER

C

CHRISTOPHER ALLEN

CHIEF OPERATING OFFICER & EVP SOLUTION STRATEGY

M

MICHAEL GRANDIS

CHIEF LEGAL & ADMINISTRATIVE OFFICER AND CORPORATE SECRETARY

M

MICHAEL J. JULIAN

CHIEF REVENUE OFFICER

D

DOUGLASS CAMPBELL

CHIEF SOLUTION OFFICER

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