Steam is a startup that aims to revolutionize energy efficiency and cost savings in homes with its Smart Water Tank technology. With a slogan of "Save energy and money with a Smart Water Tank that installs in just 10 minutes and starts paying for itself within a year in an average 3-bed home," Steam offers a solution that can be easily integrated into any existing water tank, regardless of its age. Founded in 2016, the company operates in the Consumer Electronics, ESG, Energy, Manufacturing, Renewable Energy, and Water industries. In April 2019, the company received a $10.00K Convertible Note investment from Right Side Capital Management.
Steam
Save energy and money with a Smart Water Tank that installs in just 10 minutes and starts paying for itself within a year in an average 3-bed home.
Founded 2016
2-10 employees
Convertible Note
Total: $10.00K
Consumer Electronics, ESG +4
General Information
Company Name
Steam
Founded Year
2016
Employees
2-10
Industries
Consumer Electronics, ESG, Energy +3
Funding Stage
Convertible Note
Social
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About Steam
Business keywords: Smart Home, Home Automation, Internet of Things, Energy Efficiency, Smart Water Tank, Cost Savings, Smart Technology, Retrofitting, Energy Management, Sustainable Living
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Convertible Note | $10.00K | 1 |
|
01 Apr 2019 |
Latest News
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Steam Alternatives & Competitors
View All Alternatives
Steam vs
Fourdeg
Finland
#SmartHeating #EnergyEfficiency #SustainableLiving #AI #IoT #Fourdeg #MeshWorksWireless
Non Equity Assistance
2-10 employees
Energy, Information Technology
Steam vs
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geo (Green Energy Options)
United Kingdom
Smarter Energy
Venture round
55 employees
Cloud Infrastructure, Energy
Steam vs
ecobee
Canada
We’re ecobee, a proudly Canadian consumer product company that is transforming the smart home.
Series C
565 employees
Consumer Electronics, Energy
FAQ About Steam
Save energy and money with a Smart Water Tank that installs in just 10 minutes and starts paying for itself within a year in an average 3-bed home.
Steam was founded in 2016.
Steam operates in Consumer Electronics, ESG, Energy, Manufacturing, Renewable Energy and Water. Its work centres on Smart Home, Home Automation, Internet of Things and Energy Efficiency.
Steam has approximately 2-10 employees.
Steam has completed 1 funding round, raising a total of $10.00K. The latest funding stage is Convertible Note.
Top alternatives and competitors to Steam include Fourdeg, geo (Green Energy Options), ecobee, Sengled, iO Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Steam and Fourdeg are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for Steam, https://bouncewatch.com/company/steam, updated 3 March 2025. When citing, please name BounceWatch and link this page.
