About SolarSteam
SolarSteam is a company based in Calgary (Canada) founded in 2017 by Apostol Radev and David Babich. SolarSteam has raised $1.42 million across 6 funding rounds from investors including Gener8tor. The company has 9 employees as of December 31, 2024. SolarSteam offers products and services including SolarSteam Technology and Newsletter Subscription. SolarSteam operates in a competitive market with competitors including SolarBank, Jade Power, Baseload Power, Saturn Power and NU-E Corp, among others.
- Headquarter Calgary, Canada
- Employees 9 as on 31 Dec, 2024
- Founders Apostol Radev, David Babich
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Solarsteam Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.42 M (USD)
in 6 rounds
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Latest Funding Round
$717 K (USD), Seed
Jul 21, 2025
- Investors
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Employee Count
9
as on Dec 31, 2024
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Products & Services of SolarSteam
SolarSteam offers a comprehensive portfolio of products and services, including SolarSteam Technology and Newsletter Subscription.
Concentrates sunlight to heat fluids for industrial and heating uses.
Provides updates on solar projects and company news.
People of SolarSteam
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Advisor Team
6 people
Leadership Team
2 people
Software Development Team
1 people
Finance and Accounting
1 people
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Funding Insights of SolarSteam
SolarSteam has successfully raised a total of $1.42M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $717 thousand completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SolarSteam
SolarSteam has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gener8tor.
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Startups are accelerated via a 12-week program with funding support.
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Investor details for SolarSteam
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- Investor domains
- Investor locations
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Investments & Acquisitions by SolarSteam
Investment portfolio details for SolarSteam
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- Portfolio identities
- Transaction dates
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- Investment values
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Financial Statements - SolarSteam
Detailed financials for SolarSteam
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Solarsteam Comparisons
Peer comparison for SolarSteam
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of SolarSteam
SolarSteam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SolarBank, Jade Power, Baseload Power, Saturn Power and NU-E Corp, among others.
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Utility-scale solar power farms are developed by SolarBank.
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Solar and wind energy projects are developed in renewable sector.
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Company focused on developing and delivering clean energy solutions through various projects
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Solar energy projects are developed by Saturn Power in Canada.
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Utility-scale solar power projects are developed by NU-E Corp.
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Detailed competitors of SolarSteam
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Latest news on Solarsteam
Complete news archive for SolarSteam
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- Full article archive
- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about SolarSteam
SolarSteam was founded in 2017 and raised its 1st funding round 5 years after it was founded.
SolarSteam is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Apostol Radev is the current CEO of SolarSteam. They have also founded this company.
SolarSteam is a funded company, having raised a total of $1.42M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at SolarSteam is 9.
SolarSteam was established in 2017 in Calgary, Canada, within the renewable energy sector. Solar energy projects are developed and managed by the company, with a focus on sustainable power solutions. Operations are centered in the Canadian market, supported by co-founders Apostol Radev as CEO and David Babich as CTO. Technical expertise is applied to project implementation and oversight across various scales.
SolarSteam's top competitors include SolarBank, NU-E Corp and Jade Power.
SolarSteam offers SolarSteam Technology and Newsletter Subscription.
SolarSteam has 1 investor. Key investors include Gener8tor.