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Company Overview

Business Description

Sector
Industrials
Industry
Electrical Equipment
Headquarters
United States of America US
Employees
423
IPO date
Aug 20, 2020

Stem helps businesses and power producers manage batteries, solar, and other distributed energy assets. Its main product is software that predicts when to store electricity, when to use it, and when to sell power back to the grid. The company also works with customers on battery systems and grid-connected energy projects, which makes it part software company and part energy infrastructure provider.

Its main customers are commercial and industrial companies, renewable energy developers, utilities, and property owners that want to lower electricity costs or make energy assets earn more money. Stem makes money by selling software subscriptions, project and system services, and contracts tied to managing customer energy assets over time. In some deals, it also earns fees for helping customers participate in electricity markets and utility programs.

What makes Stem different is that it sits at the intersection of energy hardware and software. It does not just install batteries; it helps run them intelligently so they can respond to electricity prices, demand spikes, and grid needs. That gives the company a role as an energy manager for customers that want to turn flexible power assets into an ongoing source of value.

Stem Inc Investor Relations

Address
1400 Post Oak Boulevard, Suite 560
Houston, Texas
United States of America

Business Segments

Energy storage software

Stem helps customers plan, control, and optimize battery storage and other clean energy assets with its Athena software and related services. It also sells and supports systems that help sites store power and manage when...

Customers and revenue model

Management

Mr. David S. Buzby

Interim CEO & Executive Chair of the Board

Biography unavailable

Mr. Saul R. Laureles J.D.

Chief Legal Officer & Corporate Secretary

Biography unavailable

Mr. John E. Carrington

Advisor

Biography unavailable

Mr. Brian Thompson

Founder

Biography unavailable

Mr. Spencer Doran Hole

Executive VP & Chief Financial Officer

Biography unavailable

Mr. Michael J. Carlson

Chief Operating Officer

Biography unavailable

Mr. Rahul Shukla

Chief Accounting Officer

Biography unavailable

Mr. Albert Hofeldt Ph.D.

Chief Technology Officer

Biography unavailable

Mr. Theodore J. Durbin

Head of Investor Relations

Biography unavailable

Ms. Kim Homenock

Chief People Officer

Biography unavailable

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