About Stepwise
Stepwise is a company based in Buffalo (United States) founded in 2022 by Austin Hunt, Ethan Brewer, and Jane Chen. It operates as a Product-as-a-Service. Stepwise has raised $20 thousand across 1 funding round from investors including Techstars. Stepwise offers products and services including Stepwise Tap. Stepwise operates in a competitive market with competitors including EV Realty, Exro, Levistor, Numbat and Solus Power, among others.
- Headquarter Buffalo, United States
- Founders Austin Hunt, Ethan Brewer, Jane Chen
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 29, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Stepwise
Stepwise offers a comprehensive portfolio of products and services, including Stepwise Tap. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device manages home electricity for efficient appliance use.
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Funding Insights of Stepwise
Stepwise has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $20,000
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First Round
First Round
(29 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Stepwise | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Stepwise
Stepwise has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Stepwise
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Stepwise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stepwise Comparisons
Competitors of Stepwise
Stepwise 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 EV Realty, Exro, Levistor, Numbat and Solus Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Grid-scale EV charging infrastructure is developed for fleet electrification.
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Developer of power electronics for electric vehicles and energy storage
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| domain | founded_year | HQ Location |
Kinetic energy storage solutions for electric vehicle charging are developed.
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| domain | founded_year | HQ Location |
Provider of a sustainable energy solutions provider that offers high-power charging and smart energy management technology for electric vehicles, combining e-mobility and media services
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| domain | founded_year | HQ Location |
Off-grid EV charging and energy storage solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Stepwise
When was Stepwise founded?
Stepwise was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Stepwise located?
Stepwise is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
Who is the current CEO of Stepwise?
Jane Chen is the current CEO of Stepwise. They have also founded this company.
Is Stepwise a funded company?
Stepwise is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 29, 2023.
What does Stepwise do?
Stepwise is engaged in providing innovative energy management solutions for homes. The company offers technology to manage electricity usage, enabling the installation of EV chargers and electric appliances without costly panel upgrades. Services are extended to sectors like residential energy, supporting electric vehicle charging, solar energy optimization, and efficient appliance integration. Solutions are designed to save costs and enhance clean energy usage for homeowners.
Who are the top competitors of Stepwise?
What products or services does Stepwise offer?
Stepwise offers Stepwise Tap.
Who are Stepwise's investors?
Stepwise has 1 investor. Key investors include Techstars.