Pat the beef stew meat dry with a paper towel and season with half of the sea salt and black pepper.
Heat the extra virgin olive oil in a large heavy-bottomed pot or Dutch oven over medium-high heat.
Add the beef to the pot and sear until browned on all sides, then remove the meat and set it aside on a plate.
In the same pot, add the diced yellow onion, carrots, parsnip, and celery, sautéing for 5-7 minutes until the onions begin to soften.
Stir in the minced garlic and dried thyme, cooking for 60 seconds until the aromatics are fragrant.
Pour in the tomato puree and beef bone broth, using a wooden spoon to scrape up any browned bits from the bottom of the pot.
Return the seared beef and any accumulated juices back into the pot and bring the liquid to a gentle boil.
Reduce the heat to low, cover with a tight-fitting lid, and simmer for 45 to 60 minutes until the beef is tender.
Taste and adjust seasoning with the remaining sea salt and black pepper before serving in deep bowls.