2024 Revenue
$5M
Funding
$0
YOY
292.7%
Team
26
Founded
2012
How SteamaCo CEO Tom Parkinson grew to $5M revenue with a 26 person team in 2024.
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
SteamaCo Revenue
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | SteamaCo Hit $5m revenue in November 2024Source | |
| 2023 | SteamaCo Hit $1.3m revenue in December 2023 | |
| 2021 | SteamaCo Hit $930.7k revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
SteamaCo Valuation, Funding Rounds
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 | Quote |
|---|
Founder / CEO
Tom Parkinson
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
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for SteamaCo yet.
SteamaCo Employees & Team Size
SteamaCo employs approximately 26 people as of 2026, down from 32 in 2023.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about SteamaCo
What is SteamaCo's revenue?
SteamaCo generates $5M in revenue.
Who founded SteamaCo?
SteamaCo was founded by Tom Parkinson.
Who is the CEO of SteamaCo?
The CEO of SteamaCo is Tom Parkinson.
How much funding does SteamaCo have?
SteamaCo is bootstrapped and has not raised outside funding.
How many employees does SteamaCo have?
SteamaCo has 26 employees.
Where is SteamaCo headquarters?
SteamaCo is headquartered in Manchester, England, United Kingdom.
Compare SteamaCo to the industry
SteamaCo operates across multiple industries. Browse revenue, funding, and growth data for SteamaCo in each sector below.
Data and Sources
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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