About tem
tem is a company based in London (United Kingdom) founded in 2021 by Jason Stocks, Bartlomiej Szostek, Ross Mackay, and Joe McDonald.. tem has raised $95.78 million across 5 funding rounds from investors including Revent Store, Atomicorp and AlbionVC. The company has 7 employees as of August 31, 2024. tem offers products and services including RED Platform and Energy Quoting Service.
- Headquarter London, United Kingdom
- Employees 7 as on 31 Aug, 2024
- Founders Jason Stocks, Bartlomiej Szostek, Ross Mackay, Joe McDonald
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Sectors
Energy & 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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- Legal Name Tem Ltd
- Date of Incorporation 26 Aug, 2008
- Jurisdiction PAISLEY, SCOTLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$95.78 M (USD)
in 5 rounds
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Latest Funding Round
$75 M (USD), Series B
Feb 09, 2026
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Investors
Revent Store
& 10 more
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Employee Count
7
as on Aug 31, 2024
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Products & Services of tem
tem offers a comprehensive portfolio of products and services, including RED Platform and Energy Quoting Service. 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.
Platform for direct renewable energy buying and transaction tracking.
Service to generate quick quotes for renewable energy contracts.
Unlock access to complete
Funding Insights of tem
tem has successfully raised a total of $95.78M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $75 million completed in February 2026. 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 5
- Last Round Series B — $75.0M
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First Round
First Round
(25 Jan 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series B - tem | Valuation | Lightspeed Venture Partners | |
| Sep, 2024 | Amount | Series A - tem | Valuation | Atomicorp | |
| Jun, 2023 | Amount | Seed - tem | Valuation | AlbionVC |
| 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 tem
tem has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Revent Store, Atomicorp and AlbionVC. 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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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Revent is focused on investing in purpose-driven technology startups.
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Founded Year | Domain | Location | |
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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 tem
| 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 - tem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tem Comparisons
Competitors of tem
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Tem
Frequently Asked Questions about tem
When was tem founded?
tem was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is tem located?
tem is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of tem?
Joe McDonald is the current CEO of tem. They have also founded this company.
Is tem a funded company?
tem is a funded company, having raised a total of $95.78M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.14M, raised on Jan 25, 2022.
How many employees does tem have?
As of Aug 31, 2024, the latest employee count at tem is 7.
What does tem do?
Tem was founded in 2021 in London, United Kingdom, and operates within the renewable energy sector. A platform named Renewable Energy Direct (RED) is utilized to link businesses with UK-based renewable energy generators, avoiding intermediaries such as wholesalers and utilities. This method is employed to streamline energy procurement, with services focused on the UK market and supported by a team of co-founders including Joe McDonald as CEO.
What products or services does tem offer?
tem offers RED Platform and Energy Quoting Service.
Who are tem's investors?
tem has 11 investors. Key investors include Revent Store, Atomicorp, AlbionVC, Revent, and Christian Deger.