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SteamaCo

Advanced IoT technology for energy utilities in emerging markets

Founded 2012 United Kingdom Manchester, United Kingdom 26 employees Venture round Total: $8.86M Automation, Energy +2

General Information

Company Name SteamaCo
Founded Year 2012
Location United Kingdom Manchester, United Kingdom
Employees 26
Industries Automation, Energy, Information Technology +1
Funding Stage Venture round
Social

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About SteamaCo

SteamaCo is an innovative startup that offers advanced IoT smart metering platform. The company is focused on revolutionizing the energy industry in Southeast Asia and Sub-Saharan Africa. They provide solutions for utilities to detect and resolve theft, meet regulatory losses targets, and deliver clean, reliable, and low-cost energy for off-grid sectors. Founded in 2012 and based in the United Kingdom, the company has recently received Venture Round investment on 04 November 2024 from Praetura Ventures, KawiSafi Ventures, and Equator. With its mission to bring better energy management to more people, places, and utilities, SteamaCo is collaborating with industry pioneers to make positive changes in the world.

Business keywords: IoT smart metering platform, energy utilities, distribution grid sector, off-grid sector, operational costs reduction, revenue boost, frontier markets, smart grid solutions, energy access, loss prevention, data-efficient energy management system, underserved energy consumers

Services & Products

Scalable IoT smart metering platform
revenue management solutions
technical loss monitoring

Target Customers

Distribution grid utilities off-grid sector

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 3
Praetura Ventures, KawiSafi Ventures +1
04 Nov 2024
Series B $5.00M 2
Praetura Ventures, Shell Ventures
19 Jul 2019
Series A $2.90M 2
Shell Ventures, GReeN Investor Group
21 Dec 2017
Seed Round $960.00K 1
GReeN Investor Group
17 May 2016

SteamaCo Alternatives & Competitors

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SteamaCo vs
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SteamaCo vs
Esyasoft Holding
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Solutions for a Smart and Connected World

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FAQ About SteamaCo

Advanced IoT technology for energy utilities in emerging markets
SteamaCo was founded in 2012.
SteamaCo is headquartered in Manchester, United Kingdom.
SteamaCo operates in Automation, Energy, Information Technology and IoT. Its work centres on IoT smart metering platform, energy utilities, distribution grid sector and off-grid sector. Its customers include Distribution grid utilities and off-grid sector.
SteamaCo has approximately 26 employees.
SteamaCo has completed 4 funding rounds, raising a total of $8.86M. The latest funding stage is Venture round.
SteamaCo offers: Scalable IoT smart metering platform, revenue management solutions, technical loss monitoring.
Top alternatives and competitors to SteamaCo include Ripple Metering, S-Labs , Esyasoft Holding, WASSHA Inc., Greenbird Integration Technology. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SteamaCo and Ripple Metering 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 SteamaCo, https://bouncewatch.com/company/steamaco, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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