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Overview
Kelvin is an energy management and electrification platform for radiator-heated buildings. The Radiator Labs system uses smart thermostatic radiator enclosures (Cozys) networked to central heating controls to eliminate fuel waste, reduce building emissions, and improve tenant comfort. Its hybrid electrification platform enables buildings to electrify 60-80% of their space-heating requirements for 20% of the cost of typical electrification alternatives. Buildings outfitted with the Radiator Labs Hybrid Electrification technology can be programmed to optimize heating fuel sources based on energy pricing, building energy letter grades, and carbon fines. The Radiator Labs hybrid electrification technology would enable all radiator-heated buildings to meet NYC 2030 emission caps at a significantly reduced cost.
Radiator Labs' technology has been validated by NYSERDA to save 25.5%, on average, in heating costs and was included in the 2019 New York State Technical Resource Manual (TRM).
Radiator Labs is a recipient of the 2012 MIT Clean energy prize, the 2014 Popular Science Innovation Award, the 2014 Verizon Powerful Answers Award, the 2017 Architizer A+ Award, The 1776 Challenge Cup, and the 2020 New York City Department of Buildings Carbon Neutrality Innovation Challenge. Radiator Labs is also a member of the inaugural cohort of The Clean Fight, powered by NYSERDA and the New Energy Nexus.
About
Internet of Things, Energy Efficiency, Sustainability, Energy Management
2013
11-50
Headquarters locations
New York, United States, North America
Social
N/A
Profile Resume
Kelvin headquartered in New York, United States, North America, operates in the Internet of Things, Energy Efficiency, Sustainability, Energy Management sector. The company focuses on Internet of Things and has secured $6.9B in funding across 192 round(s). With a team of 11-50 employees, Kelvin is actively contributing to advancements in Internet of Things. Their latest funding round, Pre Seed Round - Kelvin, raised $220.0K. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
12
2
0
$35.9M
Details
7
Kelvin has raised a total of $35.9M in funding over 7 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Seed | 2.4M | ||
2015 | Seed | 300.0K | ||
2015 | Seed | 250.0K | ||
2012 | Seed | 220.0K |
Investors
Kelvin is funded by 30 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Shaun Abrahamson | - | FUNDING ROUND - Shaun Abrahamson | 220.0K |
Third Sphere | - | FUNDING ROUND - Third Sphere | 220.0K |
Kelvin | - | FUNDING ROUND - Kelvin | 220.0K |
Dorm Room Fund | - | FUNDING ROUND - Dorm Room Fund | 220.0K |
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