Tem
Tem uses AI to remake electricity markets by matching generators with consumers.
About this profileCompany details: from public sourcesFunding: no announced round on fileOwnership: not yet claimed by the companyScores: measured by named tools; each links to its methodOur rules
About
Tem has built an energy transaction engine that relies on AI to cut prices relative to other energy traders. The company has signed up more than 2,600 business customers throughout the U.K. on the promise that buying energy from its utility division can save them up to 30% on their energy bills.
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Key facts
- Headquarters
- London, United Kingdom
- Total funding
- $75M (Series B)
- Business model
- B2B
Frequently asked
What does Tem do?
Tem is a marketplace play, matching electricity generators with consumers, focusing on renewable energy generators and small businesses. The company operates two businesses: Rosso, the transaction engine using AI to predict supply and demand, and RED, a 'neo-utility' built to prove the value of Rosso.
How much funding has Tem raised?
Tem has raised a total of $75M in funding. The most recent round on record is Series B.
Public record
SEC filings, insider activity, nonprofit links and pay benchmarks for Tem
