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Provider of renewable energy management platform designed to deliver a complete utility management service. The company's platform web-hosted application with online access via the user interface and programmatic access via the application interface to easily integrates with telecoms, mobile money and online payment providers, enabling organizations to operate mini-grids remotely without internet connectivity and sell energy anywhere on the planet.
Last updated
In 2024, SteamaCo's revenue reached $5M. The company previously reported $2M in 2024. Since its launch in 2012, SteamaCo has shown consistent revenue growth.
SteamaCo is a bootstrapped IoT Platforms startup. Founded in 2012, SteamaCo has grown to $5M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, SteamaCo has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Tom Parkinson is an award-winning Chief Financial Officer who works with the company executive to ensure that strategic plans are funded appropriately, managed successfully, and delivered effectively. Tom believes that those who can, should. His mission is to use his financial expertise to help teams make a positive impact on global challenges. Tom is a big-four qualified accountant (EY), who has 11+ years cross-sector and inter-disciplinary experience including, innovative start-ups, private equity and investment banking. Tom is currently responsible for fundraising, financial control, and business support (inc. HR and Legal) for a growing company focused on tackling climate change and extreme energy poverty (www.steama.co). In his role, Tom has raised over $11m from equity and grant investors to help the company develop new products, enter new markets, and scale its UK operations. Tom has built up extensive financial experience in his 11 years, detailed below: - Leadership - Management (direct line including off-shore) - Strategy - Business advisory/business model design - Process improvement - System improvement - Planning/forecasting - Budgeting - Financial modelling - Investor relations/Stakeholder management - Reporting (management and statutory) - Assurance - Grant writing Tom is an award-winning chartered accountant, having been named "Accountant of the Year" at the Made in Manchester awards in 2018. He was also a finalist of the ICAS "One Young CA", for 2018, and featured in ICAS's Top 35 CAs under 35, in 2017. Tom holds a BSc in Mathematics from Hatfield College, Durham University. Systems experience: - Xero - SimPRO - TradeGecko - Board International - Confluence - Pleo - Slack - Oracle - Business Intelligence
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We do not have customer count information for SteamaCo yet.
SteamaCo employs approximately 26 people as of 2026, down from 32 in 2023.
SteamaCo generates $5M in revenue.
SteamaCo was founded by Tom Parkinson.
The CEO of SteamaCo is Tom Parkinson.
SteamaCo is bootstrapped and has not raised outside funding.
SteamaCo has 26 employees.
SteamaCo is headquartered in Manchester, England, United Kingdom.
SteamaCo operates across multiple industries. Browse revenue, funding, and growth data for SteamaCo in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$5M
Funding
$0
Team
26
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | SteamaCo Hit $5m revenue in November 2024 | neverbounce.com |
| 2024 | SteamaCo Hit $2m revenue in October 2024 | Estimated |
| 2023 | SteamaCo Hit $1.3m revenue in December 2023 | Estimated |
| 2021 | SteamaCo Hit $930.7k revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 26 employees (October 2024) | |
| 2023 | Reached 32 employees (December 2023) | |
| 2022 | Reached 27 employees (December 2022) | |
| 2021 | Reached 28 employees (December 2021) | |
| 2021 | Reached 31 employees (April 2021) |
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