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Stem
AddedFeb 19, 2024
UpdatedJun 18, 2026
Stem

Stem

Public

Stem: Optimizing business energy consumption through advanced storage technology.

HQ
Millbrae, CA, US
Founded
2009
Overview
Compare
Fundraising
Employees
Website

Stem, founded with the mission to optimize energy consumption for businesses, leverages advanced distributed storage technology. The company offers integrated AI-driven clean energy solutions and services, focusing on improving returns and maximizing the economic, environmental, and resiliency value of solar and battery energy storage assets. Stem's core product, PowerTrack™ Asset Performance Management, is designed for gigawatt-scale storage and solar portfolios, catering primarily to asset owners and operators.

Notable affiliated individuals and investors include industry leaders and venture capital firms committed to advancing clean energy technologies. Stem has achieved significant milestones in the energy sector, including the deployment of large-scale energy storage systems and partnerships with key players in the renewable energy market. The company's impact is evident in its contribution to enhancing energy efficiency and sustainability for businesses globally.

Stem - Products & Services

  • Stem — Managed Services logo

    Stem — Managed Services

    Lifecycle design, procurement, commissioning, and optimization services for commercial battery storage and hybrid solar-storage systems.

    Competing Products

    MYNT Systems logo
    MYNT Systems logo

Stem - Similar Companies

MYNT Systems logo

MYNT Systems

myntsystems.com

Stem - Quick Facts

Who are Stem's competitors?

Companies similar to Stem include MYNT Systems.

When was Stem founded?

Stem was founded in 2009.

Where is Stem's headquarters located?

Stem's headquarters is located in Millbrae, CA, US.

When was Stem's last funding round?

Stem's most recent funding round was for $225M (USD) in April 2021.

How much has Stem raised to-date?

As of Apr 29, 2021, Stem has raised a total of $582.6M (USD).

How many employees does Stem have?

Stem has 660 employees as of Feb 6, 2024.

Stem - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • AI
  • Cleantech
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Tags
  • Cloud
  • SaaS
Unique IDs
  • ein: 264466193
  • secCik: 0001758766
  • ticker: STEM
NAICS
  • 220000Utilities
  • 221000Utilities
SIC
  • 3690Miscellaneous Electrical Machinery, Equipment, And Supplies
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
ISIC
  • 7020Management consultancy activities
Show 14 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541611Administrative Management and General Management Consulting Services
  • 541000Professional, Scientific, and Technical Services
  • 541600Management, Scientific, and Technical Consulting Services
  • 541610Management Consulting Services
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods
  • 6700Holding And Other Investment Offices
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services