Empowered Homes

Heating, Cooling & Ventilation Equipment and ServicesSeries BSt. John's, Canadagetmysa.com

Latest round

Series B

Last raised

Nov 2021

Total raised

$26M

Investors

9

About Empowered Homes

Empowered Homes Inc.Empowered Homes Inc. specializes in smart thermostatic solutions for electric heating and cooling systems. Founded in 2016 in St. The company's founders include Aimée Bran, Arpita Kapoor, Joanna Kinastowska, Joshua Green, Marcin Rzetecki, Mohit Rangaraju, Nikitha Bommireddy, Sneha Dakalia, Swastii Barjatya, and Zachary Green.Mysa Smart Thermostats specializes in smart thermostatic solutions designed to enhance control over electric heating and cooling systems. Their primary products include smart thermostats for electric baseboard heaters, mini-split heat pumps, and in-floor heating systems. These devices enable users to manage their home’s temperature remotely through a mobile application available for both iOS and Android, addressing the need for convenience and energy efficiency. Mysa’s products allow for easy customization of heating schedules, real-time monitoring of temperature and humidity, and integration with popular smart home systems like Siri, Alexa, and Google Assistant.Mysa generates revenue through direct sales of its smart thermostat products, offering bundled savings for larger purchases. Customers can save up to USD 20 per unit when buying three or more thermostats, with the flagship Mysa Smart Thermostat for electric baseboard heaters priced at USD 159 per unit and the Mysa LITE variant at USD 99. The transaction structure is primarily B2C, as customers purchase these devices directly through the company’s website, benefiting from promotions such as free shipping on orders over USD 100.Empowered Homes Inc.3 mn to advance its mission of combating climate change by developing energy-efficient hardware and software solutions. The company is also focusing on launching new products designed to enhance user experience and efficiency, with plans to enter additional international markets in the next few years.

Who invested in Empowered Homes

9 investors across 4 rounds

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Funding rounds

  1. Series B

    Nov 3, 2021

    Amount

    $20M

    Investors

    Locked

  2. Seed

    Jul 15, 2020

    Amount

    $3.2M

    Investors

    Locked

  3. Seed

    Dec 4, 2018

    Amount

    $2M

    Investors

    Locked

  4. Seed

    May 4, 2017

    Amount

    $0.6M

    Investors

    Locked

Questions about Empowered Homes

Who invested in Empowered Homes?

Empowered Homes has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Empowered Homes raised?

Empowered Homes has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Empowered Homes last raise money?

Empowered Homes's most recent round on record is a Series B, in Nov 2021.

What does Empowered Homes do?

Empowered Homes is a heating, cooling & ventilation equipment and services company.

Where is Empowered Homes headquartered?

Empowered Homes is headquartered in St. John's, Canada.

Which VCs invest in companies like Empowered Homes?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back heating, cooling & ventilation equipment and services companies at Empowered Homes's stage. Their profiles are linked below.

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