# Cala Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cala-systems

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Somerville, US
- Website: www.calasystems.com
- Total disclosed funding: $5.3M
- Latest round: Seed (Dec 26, 2023)
- Investors on record: 7

## About

Cala Systems, Inc. is a US-based company specializing in innovative heating technology, primarily focusing on intelligent heat pump water heaters that enhance energy efficiency and sustainability for residential customers.Founded in 2020 and headquartered in Somerville, US, Cala Systems, Inc. develops advanced heating solutions. The firm completed its most recent funding round in December 2023, raising USD 5.261 mn in Seed funding, co-led by Clean Energy Venture Group and Massachusetts Clean Energy Center, with participation from other investors. The company was co-founded by Michael Rigney and Mike Ting, both of whom have backgrounds in technology and energy sectors.Cala Systems, Inc. specializes in the development and distribution of innovative heating technology, with a primary focus on its flagship product, the intelligent heat pump water heater. This product optimizes heating based on individual household schedules and preferences, enabling users to save money, reduce their carbon footprint, and effectively integrate with solar energy systems. Targeting residential customers in North America, Cala aims to provide sustainable solutions for hot water needs while enhancing user experience through advanced technology.Cala's revenue model is structured around direct-to-consumer sales via its intelligent heat pump water heater. Customers engage through partnerships with installation service providers or DIY options. The pricing reflects long-term savings and efficiency benefits, facilitating significant reductions in energy costs over time. The sales process includes consultations, installation services, and ongoing support to ensure comprehensive customer assistance.In December 2023, Cala Systems, Inc. raised USD 5.261 mn in Seed funding to support its upcoming product launch. The company is focused on expanding its product line and entering new markets across North America, with specific initiatives aimed at enhancing market presence throughout 2024. The recent funding will be utilized to enhance product development and marketing strategies to ensure successful market entry.

## Funding rounds

- Seed, Dec 26, 2023, $5.3M — Collaborative Fund, Clean Energy Venture Group, Massachusetts Clean Energy Center, Burnt Island Ventures, Climate Capital, Leap Forward Ventures, CapeVista Capital

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Seed
- Massachusetts Clean Energy Center (https://capitalatlas.ai/funds/massachusetts-clean-energy-center) — Seed
- Burnt Island Ventures (https://capitalatlas.ai/funds/burnt-island-ventures) — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- Leap Forward Ventures (https://capitalatlas.ai/funds/leap-forward-ventures) — Seed
- CapeVista Capital — Seed
