Tem
RED™ by tem prices business energy outside the wholesale market.
$75M Series B+ ·
Led by Lightspeed · Source: Yahoo Finance
Total raised: $92.14M across 3 sourced rounds
All 3 rounds ↓Signals
Website registeredDec 19, 2021 (4 years old)
About Tem
Every charge itemised, typical savings around 30%. 8,500+ UK sites already run on RED™.
TIMELINE · MONEY RAISED
Tem | 540 days from website to first raise on record
Raised $92M in 3 sourced rounds·1 signal before the first raise
Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.
Funding rounds
| Date | Round | Amount | Lead | Source |
|---|---|---|---|---|
| Series B+ | $75M | Yahoo Finance | ||
| Series A | $14M | startupintros.com | ||
| Seed | $3.14M | newsnreleases.com |
Timeline
- Website created
Founders and team
BS
Bartlomiej Szostek FounderJS
Jason Stocks FounderJM
Joe McDonald FounderRM
Ross Mackay FounderBJ
Berian James Pricing
Investors
AAlbionVClead investor
AAllianz
AAtomicolead investor
- CChristian Deger
- HHarsh Sinha
HHitachi Ventures
- HHolly Branson
LLightspeedlead investor
NNilan Peiris
RReventlead investor
SSam Branson
SSchroders Capital
VVoyager Ventures
Companies like Tem
RReceive$4M Seed · Jul 2025
BBuymedSeries B+ · May 2023SSourcefulSeries A
AAccessNow
BBlecon$4.6M Seed · Oct 2024
- EEventualSeed · Jul 2026
Other companies backed by Lightspeed
IIndex Industries$50M Seed · Nov 2026NNominal$240M Series B+ · Nov 2026
HHypersonica$112.16M · Nov 2026
DDren Bio$350M Series B+ · Oct 2026WWarp Sciences$215M Series A · Oct 2026
RReliable Robotics$115M Series B+ · Oct 2026
Sources and API
Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/tem (get a free API key).