# HomeBoost

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homeboost

- Industry: Electronics
- Headquarters: San Rafael, US
- Website: www.homeboost.com
- Total disclosed funding: $4.2M
- Latest round: Seed (May 19, 2023)
- Investors on record: 3

## About

Founded in 2023 by co-founders Selina Tobaccowala and Adam Sussman and based in California, US, HomeBoost, Inc. is a home energy platform that operates an application that analyses windows, doors, and insulation to provide personalised recommendations that can enhance energy efficiency and lower utility bills. In October 2024, HomeBoost, Inc. raised USD 4 million in seed funding co-led by investors Incite Ventures, Gigascale Capital, and True Ventures.

HomeBoost offers a DIY home energy assessment solution designed to empower homeowners with tools and insights to improve home's energy efficiency. The core product is the BoostBox, which includes a FLIR thermal camera, a blacklight, and a customised home assessment guide. This comprehensive kit allows users to conduct a thorough energy audit of their homes in less than 30 minutes, identifying issues such as drafty windows, missing insulation, and inefficient appliances. Using the data collected, the company generates a digital report with recommendations for improving energy efficiency, such as sealing drafts, adding insulation, or replacing inefficient appliances. The report also includes potential rebates or incentives available for making energy-efficient upgrades.

The company generates revenue by selling the product through its website, which costs USD 99.

The company will use the October 2024 funding to grow customers and expand its team members.

## Funding rounds

- Seed, May 19, 2023, $4.2M — True Ventures, Incite Ventures, Gigascale Capital

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Incite Ventures (https://capitalatlas.ai/funds/incite-ventures) — Seed
- Gigascale Capital (https://capitalatlas.ai/funds/gigascale-capital) — Seed