Station A

Station A is a technology company.

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Updated: Mar 21, 2026 ·

About

Station A provides an AI-powered software platform that automates clean energy procurement and deployment, fundamentally reshaping how clean energy is transacted. Its core offering streamlines the process for commercial and industrial clients, delivering portfolio-wide clean energy solutions with an emphasis on speed, guaranteed savings, and mitigated risk, thereby simplifying complex transactions through technological innovation.

The company was founded in 2018 by Kevin Berkemeyer, Sam Steyer, Manos Saratsis, and Jeremy Lucas. The co-founders originated the venture from an insight into the need for an expedited and simplified approach to clean energy projects, leveraging machine learning and artificial intelligence. Kevin Berkemeyer brings extensive experience from the clean energy sector, while Jeremy Lucas contributes a strong background in software engineering, laying a robust foundation for the platform's development.

Station A targets commercial real estate and large commercial and industrial customers, empowering them to adopt clean energy solutions efficiently. The company's long-term vision is to enable a carbon-neutral future by driving down energy costs and increasing property values through widespread clean energy adoption. It aims to be the definitive market-maker in clean energy procurement.

Recent News & Mentions

Jul 1, 2020FundingStation A - Seed Dec 1, 2018FundingStation A - Seed

Financial History

Station A has raised $5.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in July 2020.

Total Raised

$5.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Jul 1, 2020	$4.0M Seed		Giant Ventures, John Lyman, Powerhouse Ventures
Dec 1, 2018	$1.0M Seed		Powerhouse Ventures

Financial History

Station A has raised $5.0M across 2 funding rounds.

Total Raised

$5.0M

Valuation

N/A

Deep Dive

Station A is a software‑driven clean‑energy marketplace that helps commercial real estate owners and large enterprises quickly evaluate, procure, and track onsite solar, battery storage, and related decarbonization projects at portfolio scale. Station A combines AI, geospatial analytics, and a competitive marketplace of installers to deliver transparent financial returns and streamline the competitive‑bidding and procurement workflow for commercial & industrial (C&I) customers.[3][1]

High‑Level Overview

For an investment firm (not applicable): Station A is a portfolio company (see below).- For a portfolio company:
What product it builds: Station A builds an AI‑based software platform and marketplace that evaluates buildings, models project economics (solar, storage, EV charging), runs competitive solicitations, and supports post‑installation performance tracking.[1][6] - Who it serves: Large real‑estate owners, REITs, and enterprise tenants with multi‑site portfolios and long‑term leases — customers include HP, Nestlé, Goldman Sachs and major REITs.[3][5] - What problem it solves: It removes the complexity, lack of transparent pricing, and slow/manual procurement processes that prevent portfolio owners from scaling onsite clean‑energy projects by standardizing evaluations, comparing bids, and accelerating contract execution.[1][3] - Growth momentum: Station A has pre‑qualified over 1 million commercial buildings, identified >83 GW of financially viable projects, and lists hundreds of megawatts in transaction value while serving ~2,500 active developer partners; it has raised Series A participation from investors such as Climactic, Building Ventures, Systemiq Capital, Renewal Funds, Schneider Electric and Future Energy Ventures (FEV) support.[1][3]

Origin Story

Founding year & founders: Station A traces to a spin‑out from tools developed at NRG around 2018 and was formally built into a company by MIT alumni and former NRG colleagues Kevin Berkemeyer (CEO), Manos Saratsis (Head of Product/co‑founder), Jeremy Lucas (Head of Engineering/co‑founder) and others including Sam Steyer in early company formation phases.[3][1]- Founders’ background: The founders combine experience in utility/merchant energy (NRG), solar development (First Solar, Tesla — for Kevin Berkemeyer), architecture and building science, geospatial analytics, and engineering, giving the team domain and technical depth relevant to portfolio‑scale decarbonization.[1][2][3]- How the idea emerged & early traction: The product began as internal tools at NRG to size and evaluate projects, then was spun out in 2018 to apply the same analytics externally; early success serving energy companies and then large real‑estate portfolios led Station A to expand from analytics to a full marketplace and procurement service by ~2020.[3] Early traction includes enterprise customers and a rapidly growing developer network now numbering in the thousands.[3][1]

Core Differentiators

AI & geospatial analytics: Automated, portfolio‑level evaluation using address‑based inputs and machine learning to estimate site suitability and financial returns at scale (enables evaluating hundreds–thousands of addresses rapidly).[3][1]
Marketplace depth: A competitive, pre‑qualified developer network (~2,500 active developers) that helps run transparent bidding and selection across many projects.[3][1]
End‑to‑end procurement workflow: Beyond analytics, Station A digitizes and manages the competitive bidding, contracting, and post‑installation performance tracking — reducing transaction friction and time to execution.[6][1]
Speed & scale: Pre‑qualification of >1 million buildings and identification of tens of GW of viable projects shows capability to operate at portfolio scale and accelerate deployment.[1][3]
Execution & industry credibility: Founders’ sector experience and investor backing (including energy and climate‑focused VCs) and enterprise customers demonstrate both product–market fit and market trust.[1][3]

Role in the Broader Tech Landscape

Trend alignment: Station A rides several converging trends — corporate decarbonization targets, electrification, distributed energy adoption (onsite solar + storage + EV charging), and digital marketplaces for traditionally fragmented energy procurement.[3][1]- Why timing matters: As corporations and real‑estate owners set net‑zero and emissions targets, they require rapid, scalable ways to evaluate and implement onsite projects across portfolios; Station A lowers the transaction cost and information barriers at a moment when demand and incentives for clean energy are rising.[3][5]- Market forces in their favor: Increasing corporate sustainability commitments, improving economics for solar and batteries, and policy/incentive programs that boost returns create a large addressable market for portfolio‑scale deployment.[3][1]- Influence on ecosystem: By standardizing evaluation and running transparent competitive solicitations, Station A can broaden market access for developers, reduce procurement friction for buyers, and accelerate deployment velocity — effectively professionalizing and scaling what has been a fragmented procurement process.[3][1]

Quick Take & Future Outlook

What’s next: Expect continued expansion of customer base among large property owners and enterprises, deeper integration of storage and EV charging economics, broader services (e.g., financing facilitation, performance guarantees), and product enhancements powered by AI and expanded data sources to improve accuracy and speed of underwriting.[1][6]- Trends that will shape them: Corporate decarbonization mandates, falling hardware costs, rising demand for resilience (storage/EV charging), and policy incentives will expand market opportunities; competition will increase from vertically integrated developers and other procurement platforms.[3][1]- How their influence may evolve: If Station A successfully converts its large addressable inventory into executed projects, it could become a central procurement layer for C&I decarbonization — increasing pricing transparency, improving developer competition, and accelerating the pace of commercial solar+storage rollouts.[3][1]

Quick take: Station A turns portfolio‑scale clean‑energy planning from expensive, bespoke consulting into a data‑driven, competitive, and fast procurement process — a timely product as enterprises push to decarbonize at scale and seek standardized, low‑friction execution pathways.[3][1]

Sources

Frequently Asked Questions

How much funding has Station A raised?

Station A has raised $5.0M in total across 2 funding rounds.

Who are Station A's investors?

Station A's investors include Giant Ventures, John Lyman, Powerhouse Ventures.