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Stepchange is a venture capital firm based in the United States, focused on accelerating energy abundance and upgrading critical infrastructure through software solutions. The firm has a portfolio of 20 companies and invests across various stages, including pre-seed to Series C and growth equity. Their investment strategy emphasizes sectors such as energy, AI, climate, mobility, healthcare, and industrial.
Stepchange invests in companies developing software that enhances energy abundance and improves critical infrastructure. Their focus areas include transportation, built environment, energy transition, AI infrastructure, earth intelligence, and resilience. The firm targets early to growth-stage investments, supporting innovations that contribute to sustainable energy and infrastructure.
Notable companies in Stepchange's portfolio include itselectric, which provides electric vehicle charging solutions; Nevoya, a zero-emissions truck carrier; and B Balto, focusing on whole-home electrification. Other significant investments include Audette, working on decarbonizing commercial real estate, and Shovels, which unlocks permit data for construction.
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