Stem brings and optimizes energy consumption to business through its distributed storage technology.
Stem brings and optimizes energy consumption to business through its distributed storage technology.Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. The company uses this information to design a solution that protects companies from unnecessarily high electricity costs without requiring any changes to the way they run their businesses. Stem combines big data, predictive analytics, and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 29, 2021 | Post-IPO Equity | $225M | 5 | — | — | Detail |
Apr 29, 2021 | IPO | $608M | — | — | — | Detail |
Nov 30, 2019 | Series E | $30M | 1 | WIND Ventures | — | Detail |
Jul 24, 2018 | Series D | $26M | 2 | BNP Paribas Private Equity Magnesium Capital | — | Detail |
Jan 23, 2018 | Series D | $80M | 4 | Activate Capital Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
WIND Ventures | Yes | Series E |
BNP Paribas Private Equity | Yes | Series D |
Magnesium Capital | Yes | Series D |
Activate Capital Partners | Yes | Series D |
Starwood Energy Group Global | Yes | Private Equity(PE) |
Mithril Capital Management | Yes | Series C |
Mitsui Global Investment | Yes | Series C |
Constellation Technology Ventures | Yes | Series B |
Greener Capital | Yes | Series A |
Adage Capital Management | — | Post-IPO Equity |
Stem has acquired 2 organizations. Their most recent acquisition was Constant Power on Dec 12, 2018. They acquired Constant Power for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Dec 12, 2018
Constant Power
|
Energy | acquisition | — | Detail |
Dec 16, 2021
AlsoEnergy
|
Energy | acquisition | $ 695M | Detail |