Stem Lands $15,000,000 Series B Round

  • Feed Type
  • Date
    12/17/2013
  • Company Name
    Stem
  • Mailing Address
    100 Rollins Road Millbrae, CA 94030
  • Company Description
    Stem is leading the way to 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.
  • Website
    http://www.stem.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The Series B funds will enable expansion to new commercial and industrial sectors and geographies primed to benefit from the cost savings associated with advanced energy storage systems.
  • M&A Terms
  • Venture Investor
    Iberdrola Group
  • Venture Investor
    GE Ventures
  • Venture Investor
    Angeleno Group

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