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Published on Feb 23, 2016
Take the first step to apply today | elementalexcelerator.com/apply
Stem is one of six companies on Elemental Excelerator's 2014 Demonstration Track. They applied to our program with an innovative solution to make buildings and the grid run more efficiently using energy storage and analytics, a strong team of 30 employees, and a customer track record in California. But to Stem, success meant utility programs. And at the time, they did not have any.
Through our program they launched a 1 MW project with Hawaiian Electric. This was the realization of their business model and it unlocked their ability to scale rapidly.
Elemental Excelerator helps startups change the world, one community at a time. Each year, we find 12-15 companies that best fit our mission and fund each company up to $1 million to improve systems that impact people’s lives: energy, transportation, water, agriculture, and beyond. To date, we have awarded over $22 million to more than 60 companies.