When was Stem founded?

Stem was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Stem located?

Stem is headquartered in Millbrae, United States. It is registered at Millbrae, California.

How many employees does Stem have?

As of Aug 31, 2026, the latest employee count at Stem is 440.

Is Stem a funded company?

Stem is a funded company, having raised a total of $229M across 11 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Apr 13, 2011.

When was the latest funding round of Stem?

Stem's latest funding was a $***** Conventional Debt round on Jul 24, 2018, with participation from 0 investor.

What is the annual revenue of Stem?

Annual revenue of Stem is between $100M and $500M as on Dec 31, 2025

Where does Stem rank among its competitors?

Stem ranks 1st amongst 677 active competitors, of which 68 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Arintra, which secured $25M in Aug, 2026.

Who are the top competitors of Stem?

Stem's top competitors include Tibber, Uplight and Deepki. Among them, Arintra secured the most recent funding round in August, 2026.

Stem - 2026 Company Profile, Funding & Competitors

Company Details

Provider of AI and cloud-driven energy solutions. It offers a cloud-based energy solution and system that leverages real-time data, predictive analytics, energy storage, and value-added services to optimize energy use and stabilize the grid. Additionally, it offers a coordinated fleet of power monitor sub-meters, power storage devices, and monitors that give real-time visibility of grid and demand response.

Website: stem.com
Social
Registered Address: Millbrae, California

Key Metrics

Founded Year

2009

Location

Millbrae, United States

Stage

Public

Total Funding

$229M in 11 rounds

Latest Funding Round

Conventional Debt, Jul 24, 2018, $*****

Investors

Mitsui & 24 more

Ranked

1^st among 677 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

440 as on Aug 31, 2026

Investment & Acquisitions

AlsoEnergy & 2 more

Similar Companies

Tibber & 807 more

Exit Details

Public

View Stem's full profile

Stem is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Stem, Inc. CIN: 1758766 , United States, Active		$100M - $500M (As on Dec 31, 2025)	-	-
STEM CIN: 40103387024 , Latvia, Active	Mar 01, 2011	€0 - €1M (As on Dec 31, 2024)	2 (As on Dec 31, 2023)	-
Stem, Inc. CIN: 264466193 , United States, Active	Jan 30, 2000	$100M - $500M (As on Dec 31, 2025)	425 (As on Dec 31, 2023)	-

Stem got listed on Oct 09, 2020.

Click here to take a look at Stem's IPO in detail

Stem has raised a total funding of $229M over 11 rounds. Its first funding round was on Apr 13, 2011. Stem has 25 institutional investors.

Here is the list of recent funding rounds of Stem:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 24, 2018	9505179	Conventional Debt	4460795	7056648	5993038	5244393
Jul 24, 2018	9934189	Series D	1630798	5162501	9218434	4928746
Jan 23, 2018	5928574	Series D	3399004	9690149	Activate Capital	Temasek & 1 more

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View details of Stem's funding rounds and investors

Stem's employee count trend

Stem has 440 employees as of Aug 26. Here is Stem's employee count trend over the years:

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Top competitors of Stem include Tibber, Uplight and Deepki. Here is the list of Top 10 competitors of Stem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stem 2009, Millbrae (United States), Public	Provider of AI and cloud-driven energy solutions	$229M	Mithril, BNP Paribas & 23 others	72/100
2nd	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Founders Fund, Summa Equity & 10 others	69/100
3rd	Uplight 2019, Boulder (United States), Acquired	AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings	$30M	Schneider Electric, AES & 3 others	65/100
4th	Deepki 2014, Paris (France), Series C	SaaS-driven solutions for energy monitoring for buildings	$177M	Highland Europe, Demeter & 10 others	64/100
5th	ConnectM 2007, Marlborough (United States), Public	Network of companies delivering equipment, mobility, and distributed energy solutions	$12.1M	Chiratae Ventures, MDB4L Capital & 4 others	64/100
6th	Porch Group 2013, Seattle (United States), Public	Provides software & service to home improvement industries	-	-	62/100
7th	Bohr Energie 2020, Toulouse (France), Series A	Provider of grid management solutions for power distribution	$15.9M	Suma Capital, Varsity Ventures & 7 others	59/100
8th	Arintra 2020, Austin (United States), Series B	AI powered autonomous medical coding solution for hospitals	$46.5M	Peak XV Partners, Define Ventures & 10 others	58/100
9th	Cleanwatts 2020, Coimbra (Portugal), Acquired	Provider of energy management software solutions for commercial and industrial applications	$26.4M	Verdane, Portugal Ventures & 4 others	56/100
10th	Capalo AI 2022, Kuopio (Finland), Series A	Provides services for traders, optimizers, and operators of battery energy storage systems through AI-optimized trading and forecasts	$17.7M	Venture Friends, Heartcore Capital & 4 others	56/100

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Stem has acquired 3 companies including AlsoEnergy, Constant Power and AlsoEnergy. Stem has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 16, 2021	Acquisition	AlsoEnergy	2007	Boulder (United States)
Dec 11, 2018	Acquisition	Constant Power	2016	Toronto (Canada)
Nov 02, 2016	Acquisition	AlsoEnergy	2007	Boulder (United States)