
Stem Stock
Energy Storage and Data Solutions
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About Stem Stock
Stem pairs artificial intelligence with energy storage to help organizations automate energy cost savings and protect agains changing rates. The company's goal is to create a brighter, more cost-effective energy future. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it. Stem has used 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.
Source: Crunchbase
Investors
GE Ventures
View, Pivotal, Virgin Hyperloop One, Omada Health, Desktop Metal, Rethink Robotics, Catalant, Vineti, Syapse, Tamr
Mithril Capital Management
Palantir Technologies, Auris Health, Inc., C2FO, AppDirect, Lookout, Figure, Spaceflight Industries, GreyOrange, Stem, DoubleDutch
Temasek Holdings
PharmEasy, Tokopedia, Ola, Magic Leap, DoorDash, Impossible Foods, Commonwealth Fusion, Wish, Snyk, AvidXchange
Funding History
April 2012 | $10.2M |
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December 2013 | $15.0M |
January 2015 | $27.0M |
April 2015 | $12.0M |
August 2015 | $33.0M |
Management
CEO & Director
John Carrington
Chief Technology Officer
Johnson Larsh
Chief Financial Officer
Bill Bush
Chief Operating Officer
Mark Triplett
Press
Greentech Media - Jul, 25 2018
Stem Expands Series D by $26 Million, Gains CAD $200 Million Financing FundStem - Jul, 24 2018
Stem, Inc. Expands into Ontario with $200M Commitment From Ontario Teachers’Greentech Media - Apr, 26 2018
Meet the Top Companies Changing the Face of the Electric Grid in 2018Business Wire - Mar, 20 2018
Stem, Inc. Announces Executive Leadership AdditionsEnergy Storage - Feb, 19 2018
Stem CEO: Business models and AI developed in USA applied to Japan projectForbes - Jan, 8 2018
Stem Adding Artificial Intelligence To Storage And Branching Out To New MarketsStem - Dec, 11 2017
Stem Announces the First Energy Storage Virtual Power Plants in JapanBusiness Wire - Jan, 30 2017
Stem Connects One Megawatt of Energy Storage for Hawaiian Electric