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High Tech Series B Founded 2012

SteamaCo

Provider of smart metering platform and revenue management solutions. The platform offers prepaid smart metering, revenue visibility, and interoperable solutions. It features theft detection, technical loss monitoring, and tools to investigate revenue loss. The platform aims to improve profitability, customer experience, and attract investment for grid growth. The company was founded in 2012 and headquartered in…

📍 Manchester, United Kingdom · Smart Cities,

Funding snapshot

Last roundSeries B
Amount$5M
Date18 July 2019
Total raised$9M
Valuation14,588,046 (Jan 10, 2023)
Team size15

About

Provider of smart metering platform and revenue management solutions. The platform offers prepaid smart metering, revenue visibility, and interoperable solutions. It features theft detection, technical loss monitoring, and tools to investigate revenue loss. The platform aims to improve profitability, customer experience, and attract investment for grid growth. The company was founded in 2012 and headquartered in Manchester, United Kingdom. It has raised $8.8M in series b funding, with backing from EIC Fund, Ashden, Green Investment Group, Shell, and others. The company operates in the High Tech - Smart Cities, Internet of Things - Industry Applications - Smart Cities, Energy Tech - Smart Grid space. Its offerings span Smart Grid - Utility Management - Fra.

Business model

Smart Cities > Smart Utilities > Energy Management > Electricity Meters,

Energy Efficiency Tech > Energy Management System > Building Automation Systems > BEMS,

Smart Grid > Utility Management > Fraud Prevention,

Facility Management Tech > Building Management > Building Energy Management,

Property Management Tech > Building Energy Management

Institutional investors

EIC Fund Ashden Green Investment Group Shell Praetura Ventures ClearlySo Europa Equator Interactive Investor Segal Family Foundation Alain Carrier Emily Moder Philip Mcdermott Wesley Verne Abyd Karmali

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