Kelvin

Kelvin is an energy management and electrification platform for radiator heated buildings

Business Model:

Revenue: $0

Employees: 11-50

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Detailed Kelvin Information

Geographic Data

Kelvin headquarters map

Address:

City: Brooklyn

State: New York

Zip:

Country: United States

Financial Info

Stage:

series a

Raised Last:

$0

Raised Total:

$36M

Metrics

3,625,995Website Global Rank

3,516Website Monthly Traffic

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Description

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. Our 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&s; 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. Radiator Labs was founded in 2011 and is based in Brooklyn, New York.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2015 Grant 1 $178.8k National Science Foundation
National Science Foundation
3/2015 Pre Seed Round 1 $250k MetaProp
MetaProp
6/2020 Non Equity Assistance 1 - AcceliCITY powered by Leading Cities
AcceliCITY powered by Leading Cities
8/2019 Series A $1.1M
8/2015 Pre Seed Round 2 $300k 1776 Ventures
Third Sphere
4/2017 Grant 1 $1.4M National Science Foundation
National Science Foundation
5/2023 Debt Financing -
3/2016 Seed Round 3 - Columbia University
MetaProp
Rudin Ventures
Columbia University
MetaProp
Rudin Ventures
5/2023 Series A $0 2150
Partnership Fund for New York City
Schmidt Family Foundation
2150
Partnership Fund for New York City
Schmidt Family Foundation
2150
Partnership Fund for New York City
Schmidt Family Foundation
2150
Partnership Fund for New York City
Schmidt Family Foundation
10/2016 Seed Round 1 $2.4M Third Sphere
Third Sphere
5/2012 Pre Seed Round 2 $220k Third Sphere
Dorm Room Fund
Third Sphere
Dorm Room Fund
3/2016 Seed Round 1 - 1776 Ventures
1776 Ventures
5/2023 Debt Financing -
5/2023 Series A 3 $30M 2150
Partnership Fund for New York City
Schmidt Family Foundation
2150
Partnership Fund for New York City
Schmidt Family Foundation
6/2020 Non Equity Assistance 1 - AcceliCITY powered by Leading Cities
AcceliCITY powered by Leading Cities
3/2016 Seed Round 3 - Columbia University
MetaProp
Rudin Ventures
Columbia University
MetaProp
Rudin Ventures
3/2016 Seed Round 1 - 1776 Ventures
1776 Ventures
Announced Date Name Price

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