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How SteamaCo CEO Tom Parkinson grew SteamaCo 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.

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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.

SteamaCo Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2012201420162018202020222024$0$931K$1M$5MSource: GetLatka.com
YearMilestone
2024SteamaCo Hit $5m revenue in November 2024Source
2024SteamaCo Hit $2m revenue in October 2024
2023SteamaCo Hit $1.3m revenue in December 2023
2021SteamaCo Hit $930.7k revenue in April 2021
2012Launched 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.

SteamaCo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

SteamaCo Employees & Team Size

SteamaCo employs approximately 26 people as of 2026, down from 32 in 2023.

SteamaCo has 26 total employees in different roles and functions.

SteamaCo Team GrowthReported headcount over time08152330382012201420162018202020222024002626Source: GetLatka.com
YearMilestone
2024Reached 26 employees (October 2024)
2023Reached 32 employees (December 2023)
2022Reached 27 employees (December 2022)
2021Reached 28 employees (December 2021)
2021Reached 31 employees (April 2021)

Founder / CEO

Tom Parkinson

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

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Customers

We do not have customer count information for SteamaCo yet.

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 raised $0.

How many employees does SteamaCo have?

SteamaCo has 26 employees.

Where is SteamaCo headquarters?

SteamaCo is headquartered in Manchester, England, United Kingdom.

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Compare SteamaCo to the industry

SteamaCo operates across multiple industries. Browse revenue, funding, and growth data for SteamaCo in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .