Tem logo
AI/ML
Data/Analytics
Enterprise SaaS

Tem

AI-driven energy transaction infrastructure

CORE INFO

$75M
Total Funding
Series B
Round
2021
Founded
51-200
Team Size
London, United Kingdom
Headquarters

Tem Ltd is a London-based energy technology company that provides AI-driven infrastructure for energy transactions, helping businesses purchase renewable energy directly from sources. Their platform is designed to enhance transparency and efficiency in the electricity market, serving over 6,000 business customers in the UK.

  • Tem Ltd raised $75 million in a Series B funding round led by Lightspeed Venture Partners, valuing the company at over $300 million.techcrunch.com
  • The company has demonstrated significant cost savings for its customers, with reports of up to 30% reductions in energy bills.tem.energy

WHY WE WOULD WORK AT TEM LTD

Sustainable Impact

Join a company dedicated to revolutionizing the energy market by empowering businesses to purchase renewable energy directly, promoting sustainability and transparency.

Innovative Technology

Work with cutting-edge AI-driven infrastructure designed to optimize energy transactions, providing significant cost savings of up to 30% for clients.

Global Expansion

Be part of Tem's exciting growth journey as it expands into international markets like Australia and the U.S., enhancing its global footprint.

Dynamic Team Culture

Collaborate with a passionate team of innovators and experts in energy technology, fostering a culture of creativity and shared success.

Competitive Compensation

Benefit from a robust compensation package supported by a recent $75 million Series B funding round, ensuring financial stability and growth.

Recognized Leadership

Join a company led by experienced founders with a proven track record in the energy sector, driving Tem's mission to become a trusted engine for energy transactions.

MARKET AND TRACTION

GROWTH TACTICS

  • Tem Ltd raised $75 million in a Series B funding round to support its expansion into international markets, including Australia and the U.S.

  • The company aims to leverage its AI-driven technology to provide transparency and efficiency in energy transactions, which is expected to attract more business customers globally.
  • NOTABLE CUSTOMERS

  • Tem Ltd serves over 6,000 business customers in the UK, showcasing its strong market presence.

  • Notable clients include Boohoo Group, Fever-Tree, and Newcastle United FC, indicating a diverse range of industries benefiting from its services.
  • KEY METRICS

    ✦ KEY METRIC
  • Tem Ltd's innovative approach has resulted in reported cost savings of up to 30% on energy bills for its customers.

  • The company has a team size of between 51-200 employees, reflecting its growth and operational capacity.
  • COMPETITIVE ADVANTAGE

  • Tem Ltd positions itself as a 'neo-utility', enabling businesses to purchase renewable energy directly from sources, which is a unique offering in the market.

  • The use of AI in its energy transaction infrastructure allows for enhanced efficiency and transparency, setting it apart from traditional energy providers.
  • MARKET POSITION

  • With a valuation of over $300 million following its Series B funding, Tem Ltd is establishing itself as a significant player in the energy technology sector.

  • The company's mission to empower businesses with direct access to renewable energy aligns with growing global sustainability trends, positioning it favorably in the market.
  • PRODUCT AND TECH

    AI-Driven Energy Transactions

    Tem Ltd utilizes advanced AI algorithms to facilitate energy transactions, enhancing efficiency and transparency in the electricity market. This technology empowers businesses to make informed decisions when purchasing renewable energy directly from sources.

    Renewable Energy Marketplace

    The company provides a platform that allows over 6,000 business customers in the UK to buy renewable energy directly, bypassing traditional utility models. This marketplace not only promotes sustainability but also offers significant cost savings, with reports of up to 30% reductions in energy bills.

    International Expansion Strategy

    Following a successful Series B funding round, Tem Ltd is set to expand its operations into international markets, including Australia and the U.S. This strategic move aims to replicate its success in the UK and broaden access to its innovative energy solutions.

    Cost Efficiency Solutions

    Tem Ltd's technology has demonstrated the ability to significantly reduce energy costs for businesses, showcasing its commitment to providing value through sustainable practices. The reported cost savings highlight the effectiveness of its AI-driven infrastructure in optimizing energy procurement.

    Trusted Energy Infrastructure

    Positioned as a 'neo-utility', Tem Ltd aims to become the trusted engine for energy transactions, ensuring transparency and reliability in the energy sector. This infrastructure is crucial for businesses seeking to navigate the complexities of energy purchasing in a sustainable manner.

    COMPANY CULTURE

    Values

  • Commitment to sustainability and efficiency

  • Transparency in energy transactions

  • Empowerment of businesses to access renewable energy directly

  • Innovation through AI-driven solutions

  • Customer-centric approach focusing on cost savings
  • Operating Principles

  • Foster a culture of collaboration and teamwork

  • Encourage open communication and feedback

  • Prioritize ethical practices in energy sourcing

  • Embrace continuous improvement and adaptability

  • Leverage technology to enhance operational efficiency
  • Benefits

  • Significant cost savings for customers, up to 30% on energy bills

  • Opportunities for professional development and growth

  • Flexible work arrangements to support work-life balance

  • Engaging and dynamic work environment

  • Participation in sustainability initiatives and projects
  • Learning & Growth

  • Regular training sessions on AI and energy technologies

  • Access to industry conferences and workshops

  • Mentorship programs for career advancement

  • Encouragement of innovative thinking and problem-solving

  • Support for pursuing relevant certifications and education
  • Team Cadence

  • Regular team meetings to align on goals and projects

  • Monthly all-hands meetings to share company updates

  • Agile project management practices to enhance responsiveness

  • Collaborative brainstorming sessions to foster creativity

  • Quarterly reviews to assess team performance and growth
  • COMPENSATION SNAPSHOT

    C
    Comp score vs cohort
    vs. AI/ML · Series B · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Datan = 4
    $116K – $129Kmedian $123K
    Aggregate
    Engineering IC5n = 5
    $138K – $138Kmedian $138K
    Aggregate
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3