Your Source for Venture Capital and Private Equity Financings

Massinvestor/VC News Daily

VC-funded Company:

Stem
100 Rollins Road
Millbrae, CA 94030
Phone: 415-937-7836
www.stem.com

Stem, a leading provider of energy optimization services, combines big data, predictive analytics and energy storage to reduce electricity costs for businesses. The company's solution requires no compromises on building occupant comfort and offers unparalleled energy insights, allowing a comprehensive view into past, present and future energy use. As demands on the grid continue to increase, Stem's system enables good energy citizenship and unlocks the potential for expanded renewable energy integration. Headquartered in Millbrae, California, Stem is funded by a consortium of leading investors including Angeleno Group, Iberdrola (Inversiones Financieras Perseo) and GE Ventures.

Key Contact
Name
John Carrington
Title
CEO
Funding Events

Date
Amount
Type
Investors
04/11/12 $10,200,000 Series A Angeleno Group
12/02/13 $15,000,000 Series B Angeleno Group
GE Ventures
Iberdrola
01/07/15 $27,000,000 Constellation Technology Ventures
Total Energy Ventures
08/13/15 $45,000,000 Series C RWE Supply & Trading
01/25/18 $80,000,000 Series D Activate Capital
Ontario Teachers' Pension Plan
Temasek