tem

About tem

tem has built the first AI-native transaction infrastructure to reinvent how electricity is bought, sold, and priced. Its product, RED, serves thousands of business customers, bringing transparency and fairness to energy transactions.

tem is an AI-native energy transaction infrastructure company that aims to fix the broken global energy market. The company has built a core IP called Rosso, which uses machine learning for forecasting, optimisation, and classical ML to process billions of data points and automate thousands of decisions daily. Its modern utility product, RED, has facilitated billions in energy transaction value. tem generates revenue through a pricing engine that sets fees on each transaction, balancing growth and margin. In late 2025, tem closed a $75 million Series B round led by Lightspeed Venture Partners.