Stepwise accelerates residential electrification by making it faster, cheaper, and easier for everyone to electrify their homes. We are tackling the $386 billion problem of old electric infrastructure. Our product eliminates a homeowners’ need for expensive and time-consuming electric upgrades that often accompany the addition of an EV charger, heat pump, or water heater. Simultaneously, we increase electricians’ hourly revenue thus empowering these small business owners. We are building a suite of smart distributed devices that add intelligence to the electric panel thereby removing the need for a replacement. Stepwise came out of MIT and is funded by Techstars, 43North, NYU, NextFab, and MassCEC.

Jane Chen

Jane Chen, CEO and Co-Founder

Jane Chen has seven years of experience in business, electrification, and startups, working in Asia and North America. She fell in love with electrification technology by working for an EV charging station manufacturer, where she saw the opportunity to help Americans save money on their fuel.

Afterward, she ran a home EV installation platform, where she saw the deeper inefficiencies surrounding the electric panel. Solving this problem drove her to start Stepwise. Jane graduated from the University of Pennsylvania with a degree in chemistry and one in business operations from the Wharton School of Business. She also holds a Master of Business from Massachusetts Institute of Technology. She is an avid outdoor adventurer and can often be found exploring our National Parks.

Inspiration to Start Company

Jane saw an opportunity to reduce adoption barriers to electrification. In 2020, she ran a residential installation platform for EV chargers in Boston, while she was in business school. While running this business, she saw that electric panel upgrades were often a bottleneck for both customers, who complained about high costs, and electricians, who had no choice but to add costs due to the labor-intensive nature of the project. Through collaborating with her cofounders and collecting data on energy usage, she noticed an opportunity to optimize the infrastructure that we have instead of building more.