HeatTransformers operates a platform that guides consumers through heat pump adoption—linking producers, installers and energy partners and supporting installation, maintenance, online monitoring and system optimization. The company has secured partnerships with global energy firms and manufacturers including Engie, Bosch and BDR Thermea Group, plus dozens of local and national installers. HeatTransformers says heat pumps offer an unmatched CO2 reduction per dollar invested and built the business beginning in 2018 to address uneven global adoption. The firm cites growing market momentum—European heat pump sales rose almost 38% last year, replacing roughly 4 billion cubic meters of natural gas and avoiding about 8 million tons of CO2—and regulatory pressure such as the Netherlands' planned boiler ban by 2026. HeatTransformers plans to use new capital to cement its market-leading position in the Netherlands, expand into markets like Germany and the U.K., build teams, further develop its tech platform and deepen partnerships with suppliers, energy companies and installers.

Total raised

$16M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2023