SteamaCo

Manchester, United Kingdom Founded: 2012 • Age: 14 yrs
IoT-enabled off-grid energy monitoring solutions are provided for utilities.
Annual revenue $1.1M Latest available
Total funding $8.8M 6 rounds
Employees 29 Tracked headcount
Investors 7 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About SteamaCo

SteamaCo is a company based in Manchester (United Kingdom) founded in 2012. SteamaCo has raised $8.82 million across 6 funding rounds from investors including Shell, European Union and Green Investment Group. The company has 29 employees as of December 31, 2020. SteamaCo offers products and services including Nimbus AMI, Aurora AI, ThunderBolt, SunBeam, and Savi Smart Meters. SteamaCo operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, MRI Software and Tibber, among others.

  • Headquarter Manchester, United Kingdom
  • Employees 29 as on 31 Dec, 2020
  • Sectors
    Business Services
    Energy & Utilities Technology Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Steama Company Limited
  • Date of Incorporation 24 May, 2012
  • Jurisdiction MANCHESTER
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.13 M (USD)
    32
    as on Dec 31, 2019
  • Net Profit
    -$1.05 M (USD)
    8
    as on Dec 31, 2019
  • EBITDA
    -$1.66 M (USD)
    -42
    as on Dec 31, 2019
  • Total Equity Funding
    $8.82 M (USD)

    in 6 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Jul 18, 2019

  • Investors
    Shell

    & 6 more

  • Employee Count
    29

    as on Dec 31, 2020

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Products & Services of SteamaCo

SteamaCo offers a comprehensive portfolio of products and services, including Nimbus AMI, Aurora AI, ThunderBolt, SunBeam, and Savi Smart Meters.

Product name locked
Category locked
Primary

Platform for advanced infrastructure in energy distribution and monitoring.

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AI tools for detecting theft and ensuring revenue assurance.

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Software for managing utility operations and data visibility.

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IoT system for real-time energy usage and transaction tracking.

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Smart meters for accurate electricity measurement and reporting.

People of SteamaCo

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Tom Parkinson
Advisor

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Teams

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Funding Insights of SteamaCo

SteamaCo has successfully raised a total of $8.82M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in July 2019. 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 SteamaCo

SteamaCo has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, European Union and Green Investment Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided by Praetura Ventures.
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Government agency and accelerator focusing on innovative startups and SMEs
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Infrastructure funds are focused on green and sustainable energy sectors.
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Investor details for SteamaCo

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Investments & Acquisitions by SteamaCo

Investments
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Investment portfolio details for SteamaCo

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Financial Statements - SteamaCo

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Detailed financials for SteamaCo

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Steamaco Comparisons

SteamaCo Primary company
Description
IoT-enabled off-grid energy monitoring solutions are provide...
Location
Manchester, United Kingdom
Founded Year
2012
Annual Revenue
$1.13 M (USD)
Net Profit
-$1.05 M (USD)
EBITDA
-$1.66 M (USD)
Employees
29
As of 2020
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Peer comparison for SteamaCo

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Competitors of SteamaCo

SteamaCo 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 Particle, Signify, Landis+Gyr, MRI Software and Tibber, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Detailed competitors of SteamaCo

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Latest news on Steamaco

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Complete news archive for SteamaCo

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Frequently Asked Questions about SteamaCo

SteamaCo was founded in 2012 and raised its 1st funding round 4 years after it was founded.

SteamaCo is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.

SteamaCo is a funded company, having raised a total of $8.82M across 6 funding rounds to date.

As of Dec 31, 2020, the latest employee count at SteamaCo is 29.

Annual revenue of SteamaCo is $1.13M as on Dec 31, 2019.

SteamaCo was founded in 2012 in Manchester, United Kingdom, within the energy utilities sector. IoT-enabled solutions for off-grid energy monitoring are offered, enabling data collection and remote asset control via GSM signals. Operations focus on areas lacking WiFi or facing power disruptions, where industrial hardware is monitored and information is relayed to cloud software. Mobile payments are processed, and numerous installations are managed through a unified online interface.

SteamaCo's top competitors include Particle, Landis+Gyr and Signify.

SteamaCo offers Nimbus AMI, Aurora AI, ThunderBolt, SunBeam, and Savi Smart Meters.

SteamaCo has 7 investors. Key investors include Shell, European Union, Green Investment Group, ClearlySo, and Praetura Ventures.

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