Stem, Inc.

About Stem, Inc.

Stem is a global leader in AI-enabled software and services that empower customers to plan, deploy, and operate clean energy assets. They provide solutions for solar and energy storage projects, including integrated software, edge products, and full lifecycle services, trusted by over 16,000 global customers to maximize the value of their clean energy portfolios.

Products & Services

Athena®:An enterprise platform that unlocks flexibility across the clean energy value chain, enabling confident deployment and monetization of clean energy technologies at scale.

PowerTrack™ Asset Performance Management:A solution for gigawatt-scale storage and solar portfolios to optimize asset performance.

Full Lifecycle Services:Comprehensive services from a team of experts to support the development, building, and operation of solar and energy storage projects.

Stem University:A training platform to learn how to sell, model, integrate, and deploy energy storage projects using the Athena platform in top U.S. energy markets.

Specialties

AI-enabled software Clean energy asset management Solar and energy storage solutions Asset performance management Energy optimization

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 155000000 MR: - FA: $155 million FAN: 155000000	D: 2025-06-30 FD: 2025-06-30	-
2	RT: Convertible Debt T: - FT: Convertible Debt	A: 200000000 MR: - FA: $200 million FAN: 200000000	D: 2023-03-30 FD: 2023-03-30	-
3	RT: Convertible Debt T: - FT: Convertible Debt	A: 175000000 MR: - FA: $175 million FAN: 175000000	D: 2023-03-29 FD: 2023-03-29	-

Debt Latest

2025-06-30

$155.0M

Convertible Debt 2023-03-30

$200.0M

Convertible Debt 2023-03-29

$175.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

A

Arun Narayanan

Chief Executive Officer

D

Doran Hole

Chief Financial Officer & Executive VP

S

Saul Laureles

Chief Legal Officer & Secretary

T

Taylor Beeninga

VP, Human Resources

M

Michael Carlson

President, Managed Services & OEM Hardware

M

Matt Tappin

President, Software Products

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Recent News

Stem, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised