BREAKING Station A closes oversubscribed $8M Series A 83 GW of viable clean energy projects mapped 2,500+ developers bidding on the marketplace 288 MW listed to date ONE CLICK address in, clean-energy grade out USERS Prologis, Walmart, CBRE, Nestle, Goldman Sachs BREAKING Station A closes oversubscribed $8M Series A 83 GW of viable clean energy projects mapped 2,500+ developers bidding on the marketplace 288 MW listed to date ONE CLICK address in, clean-energy grade out USERS Prologis, Walmart, CBRE, Nestle, Goldman Sachs
San Francisco · Climate Tech · Est. 2018

Station A

The marketplace that puts a price on clean energy - starting from nothing but a building's address.

Series A · $8M Clean Energy Marketplace Solar · Storage · EV AI + Geospatial Data
Station A logo

The wordmark, plain against navy. No skyline, no stock photo of a solar panel at golden hour - a company that sells clarity ought to look like it means it.

The Pitch

A very literal idea: sell clean energy the way you sell anything else

Simplify clean energy. Amplify NOI.

Here is a thing about clean energy that sounds simple and is not: a company owns a big warehouse, the roof is enormous and flat and bathed in sun, and putting solar on it would, plausibly, save money. That is the whole idea. The problem is that getting from "plausibly" to "signed contract" has historically required consultants, feasibility studies, site visits, a stack of proposals that are impossible to compare because each installer measures things differently, and roughly the emotional experience of, as one customer put it, navigating a maze blindfolded.

Station A's insight is that most of that maze is information friction, and information friction is the kind of problem software is good at. So the company built a platform that takes a building's street address, turns it into a footprint using geospatial data and machine learning, estimates the electricity bill and the likely return on solar or batteries or EV chargers, and then - this is the part that makes it a business rather than a calculator - lets a network of thousands of developers bid on the project. Address in. Grade out. Bids attached.

"Station A was born out of a shared belief that data and transparency could unlock the full potential of clean energy technologies." - Kevin Berkemeyer, CEO

The word doing the work there is transparency. A marketplace is, at bottom, a machine for producing prices, and prices are what you get when buyers and sellers can actually see each other. Real estate owners could always buy solar; what they couldn't do was easily know whether they were getting a good deal. Station A's bet is that once you can compare bids apples-to-apples, the buying gets faster and the prices get better, and clean energy stops being a virtuous line item and starts being an obvious one.

By The Numbers

The scoreboard

Figures the company reports as of its 2025 Series A
0
Gigawatts of viable projects identified
0
Megawatts listed on the marketplace
0
Developers active on the network
0
Million raised in Series A
What You Can Actually Do With It

From a address to a signed clean-energy project

  • Type in a building address and get an instant Clean Energy Grade - the likelihood the investment pays back.
  • Skip the expensive feasibility study; the ROI math is done from data, not a site visit.
  • Create a detailed project listing for solar, battery storage, or EV charging.
  • Collect competitive bids from a network of ~2,500 vetted developers.
  • Compare levelized proposals side by side, apples to apples.
  • Deploy across an entire portfolio - hundreds or thousands of properties - not one roof at a time.
Who It's For

Real estate owners, REITs, corporate occupants, developers, financiers, utilities, and ESCOs. Named users: Prologis · Walmart · CBRE · Nestle · Goldman Sachs · HP · Pebblebrook Hotel Trust

"Our platform uses a lot of AI and machine learning to turn addresses into building footprints." Manos Saratsis, Head of Product

The Products

Three things, one loop

Data → grade → marketplace
SINCE 2018

Data & Analytics

AI and machine learning applied to energy and geospatial data. It converts an address into a building footprint and estimates electricity costs, savings, and return - no on-site study required.

LAUNCHED 2020

Clean Energy Marketplace

The core of the business: list a solar, storage, or EV-charging project and collect competitive bids from thousands of vetted developers, then compare them on equal terms.

LAUNCHED 2022

Clean Energy Grades

A one-click score, from an address alone, predicting whether a clean energy investment will pay back financially. Feasibility distilled into a letter grade.

Origin Story

The skunkworks that walked out the door

Station A did not start as a startup. It started around 2013 as a skunkworks team inside the utility NRG Energy, chartered to figure out first-of-kind clean energy projects. The team built software to make those projects pencil out - and then, in 2018, decided the software was the actual product and spun it out into an independent company, with NRG's support, rather than around its resistance.

Two of the co-founders met at MIT. Kevin Berkemeyer, now CEO, ran the MIT Energy Club and did research at the MIT Energy Initiative before an MBA; Manos Saratsis studied environmental design modeling in the architecture department. They worked together at NRG, and left with co-founders Jeremy Lucas and Sam Steyer. It is a fairly common arc - talented people build the right thing inside the wrong container - and Station A is a tidy example of the walls being the problem rather than the work.

If Station A's marketplace were counted as a single solar developer, it would rank among the top 10 in the US by annual deployment. It is not a developer. It is the place developers compete.

Timeline

How it got here

2013

A skunkworks begins

A team inside NRG Energy starts building tools for first-of-kind clean energy projects.

2018

Station A spins out

Berkemeyer, Saratsis, Lucas, and Steyer spin the software out of NRG into an independent company.

2020

From analytics to marketplace

The platform expands beyond analytics into a transparent marketplace for competitive bidding.

2022

Clean Energy Grades launch

A one-click product estimates a building's clean-energy financial return from its address alone.

2025

$8M Series A

An oversubscribed round funds engineering, marketplace operations, and AI-driven matching.

The Money

An oversubscribed $8M and a very specific plan

Series A closed June 16, 2025 · co-led by Climactic and Building Ventures

The 2025 Series A came in oversubscribed at $8 million, which in venture terms means more people wanted in than there was room for. Climactic and Building Ventures co-led; Systemiq Capital, Renewal Funds, Future Energy Ventures, SE Ventures (the venture arm of Schneider Electric), and the Steyer family climate funds joined.

The stated use of funds is refreshingly boring, which is usually a good sign: hire more engineers and customer-success and marketplace-operations people, sharpen the data platform with better analytics and AI-driven matching, and extend the marketplace model to more clean energy products. Grow the network, tighten the matching, add SKUs.

Series A '25
$8M
Reported total
~$12M–$18M range
Team size
~24 people

Total-funding figures vary by source (Crunchbase, PitchBook); treat the range as approximate.

The Founders

Four who left the utility

KB

Kevin Berkemeyer

Co-Founder & CEO
MS

Manos Saratsis

Co-Founder & Head of Product
JL

Jeremy Lucas

Co-Founder & Head of Technology
SS

Sam Steyer

Co-Founder
Culture

Five rules on the wall

01

Just Don't Wait

Swift, decisive action - the company frames climate impact as a function of speed.

02

Show Don't Tell

Data-driven decisions over assertions. Fitting for a company that sells transparency.

03

Kaizen

Continuous improvement, borrowed from the manufacturing floor and pointed at software.

04

Teamwork Makes the Dream Work

A collaborative, supportive environment across a small, cross-disciplinary team.

05

Work Hard & Go Home

An unusually plain endorsement of a life outside the office.

TEAM

~24 people

Software, data science, architecture, and clean energy expertise in one small room.

From A Customer

"Before Station A, solar development felt like navigating a maze blindfolded. This isn't just about individual projects; it's about a fundamental shift in how we approach clean energy." Raymond Martz, Chief Financial Officer, Pebblebrook Hotel Trust

Things That Amuse Us

Five true, slightly odd facts

01
You can get a clean-energy "grade" for a building using nothing but its street address.
02
Counted as one developer, the marketplace would rank in the US top 10 for annual solar deployment.
03
The company began life as a skunkworks project inside a utility, NRG Energy.
04
Two co-founders met at MIT - one led the Energy Club, one studied design modeling in architecture.
05
Its tagline is unusually blunt for climate tech: "Simplify clean energy. Amplify NOI."
06
83 gigawatts of viable projects - the equivalent scale of dozens of large power plants - sit on existing roofs.
FAQ

The questions people ask

What does Station A do?

It runs a software platform and marketplace that helps commercial real estate owners identify, evaluate, and install clean energy projects - solar, battery storage, and EV charging - by turning a building's address into financial and carbon estimates and collecting competitive bids from vetted developers.

Who founded Station A and when?

It was founded in 2018 by Kevin Berkemeyer (CEO), Manos Saratsis (Head of Product), Jeremy Lucas (Head of Technology), and Sam Steyer, after spinning out of NRG Energy.

How much funding has Station A raised?

Station A closed an oversubscribed $8M Series A in June 2025, co-led by Climactic and Building Ventures. Reported total funding across its history is in the range of roughly $12M to $18M depending on the source.

What are Clean Energy Grades?

An instant score, based only on a building's address, that predicts how likely a clean energy investment is to pay back financially - removing the need for an expensive feasibility study.

Who uses Station A?

Large commercial and industrial real estate owners, REITs, and corporate occupants such as Prologis, Walmart, CBRE, Nestle, Goldman Sachs, HP, and Pebblebrook Hotel Trust, alongside a network of roughly 2,500 clean energy developers.