Quilt Systems

Heating, Cooling & Ventilation Equipment and ServicesSeries BRedwood City, USquilt.com

Latest round

Series B

Last raised

Dec 2025

Total raised

$62M

Investors

10

About Quilt Systems

Founded in 2022 by Bill Kee and Paul Lambert, Quilt Systems, Inc. focuses on advanced climate control technologies. The company operates from its headquarters in Redwood City, US. In December 2025, Quilt Systems, Inc. Quilt specializes in providing advanced ductless heat pump systems that offer efficient heating and cooling solutions tailored for residential spaces. Their core product offerings include the Quilt Indoor Unit, Quilt Outdoor Unit, Quilt Dial thermostat, and the Quilt App, which collectively create a seamless climate control experience. These products utilize intelligent occupancy sensing technology, allowing users to manage temperature settings on a room-by-room basis for personalized comfort. The Quilt system is designed to reduce energy consumption while maintaining optimal climate conditions, making it suitable for various environments, including homes, offices, and even houseboats.Quilt operates on a direct-to-consumer model, wherein customers engage with the company through a network of Quilt Certified Partners for installation and service. The revenue structure is primarily based on the sale of their heat pump systems and associated products, including the Quilt Dial thermostat and subscription access to the Quilt App for enhanced functionality. Transactions typically involve upfront payments for the installation of the system, followed by optional service agreements for ongoing maintenance and updates. The company emphasizes its industry-leading 12-year product warranty, enhancing customer confidence in their investment. This pricing strategy aims to attract homeowners looking for long-term efficiency and comfort solutions, with a focus on sustainable living and energy savings.

Who invested in Quilt Systems

10 investors across 3 rounds

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Funding rounds

  1. Series B

    Dec 8, 2025

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Apr 16, 2024

    Amount

    $33M

    Investors

    Locked

  3. Seed

    May 16, 2023

    Amount

    $9M

    Investors

    Locked

Questions about Quilt Systems

Who invested in Quilt Systems?

Quilt Systems has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Quilt Systems raised?

Quilt Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Quilt Systems last raise money?

Quilt Systems's most recent round on record is a Series B, in Dec 2025.

What does Quilt Systems do?

Founded in 2022 by Bill Kee and Paul Lambert, Quilt Systems, Inc.

Where is Quilt Systems headquartered?

Quilt Systems is headquartered in Redwood City, US.

Which VCs invest in companies like Quilt Systems?

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 Quilt Systems's stage. Their profiles are linked below.

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