# Conduit Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conduit-tech

- Industry: Software
- Headquarters: Somerville, US
- Website: www.getconduit.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Apr 12, 2023)
- Investors on record: 5

## About

Based in Massachusetts, US, and founded in 2022 by Shelby Breger and Marisa Reddy, Conduit Tech, Inc., a.k.a. Conduit Tech operates as a developer of system sizing and sales enablement tools to support HVAC Professionals in designing, selling, and installing high-efficiency HVAC systems. In April 2023, Conduit Tech, Inc. raised an undisclosed amount of funding led by new investor Breakthrough Energy Ventures, with participation from Collaborative Fund, Emerson Collective, Pear VC, and Picus Capital.

The company provides tools to help contractors design, sell and install high-performance systems leveraging software and machine learning technologies that integrate home-specific insights and data into the HVAC sales process. The software suite can be used for evaluating load sizing and calculations, critical outputs for permitting and rebates, seamless estimate tools, and homeowner-facing materials.

Conduit Tech plans to use its proceeds from April 2023 funding to speed up its product development.

## Funding rounds

- Seed, Apr 12, 2023, $2.4M — Collaborative Fund, Pear VC, Emerson Collective, Breakthrough Energy Ventures, Picus Capital

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed
- Emerson Collective — Seed
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Seed
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed
