Tech Company Financing Transactions

Stem Funding Round

BNP Paribas Global Markets and Magnesium Capital participated in a $26 million Series D funding round for Stem. The financing round was announced on 7/26/2018.

Transaction Overview

Company Name
Announced On
7/26/2018
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series D
Investors

BNP Paribas Global Markets (Lead Investor)

Magnesium Capital (Lead Investor)

Proceeds Purpose
The company intends to use that $200 million over the next 12 months to finance projects in Ontario, Carrington noted.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
100 Rollins Rd.
Millbrae, CA 94030
USA
Email Address
Overview
Stem is leading the way to a brighter, more cost-effective energy future. Since 2009, Stem has been analyzing how various types of businesses use electricity and how they are charged for it.
Profile
Stem LinkedIn Company Profile
Social Media
Stem Company Twitter Account
Company News
Stem News
Facebook
Stem on Facebook
YouTube
Stem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Carrington
  John Carrington LinkedIn Profile  John Carrington Twitter Account  John Carrington News  John Carrington on Facebook
Chief Technical Officer
Larsh Johnson
  Larsh Johnson LinkedIn Profile  Larsh Johnson Twitter Account  Larsh Johnson News  Larsh Johnson on Facebook
VP - Engineering
David Erhart
  David Erhart LinkedIn Profile  David Erhart Twitter Account  David Erhart News  David Erhart on Facebook
VP - Operations
Tad Glauthier
  Tad Glauthier LinkedIn Profile  Tad Glauthier Twitter Account  Tad Glauthier News  Tad Glauthier on Facebook
VP - Product Management
Andrzej Skoskiewicz
  Andrzej Skoskiewicz LinkedIn Profile  Andrzej Skoskiewicz Twitter Account  Andrzej Skoskiewicz News  Andrzej Skoskiewicz on Facebook
VP - Sales
Randy Palombi
  Randy Palombi LinkedIn Profile  Randy Palombi Twitter Account  Randy Palombi News  Randy Palombi on Facebook


 

 

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Where The Data Comes From

Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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