# Standard Euler

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/standard-euler

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: San Francisco, US
- Website: www.flair.co
- Total disclosed funding: $9.1M
- Latest round: Series A (Jul 28, 2022)
- Investors on record: 12

## About

Standard Euler, Inc. provides innovative HVAC solutions, focusing on smart vents and thermostats that improve energy efficiency and temperature management in residential environments.Founded in 2014 in San Francisco, US, Standard Euler, Inc. specializes in advanced HVAC technology. The company has successfully completed 8 deals, with its most recent being a Series A funding round. The founders, Daniel Myers and Kenny Tay, have laid a strong foundation for the company's growth trajectory. As of July 2022, the company raised USD 3.10 mn led by Lowercarbon Capital and Active Impact Investments, along with participation from multiple investors.Standard Euler, Inc. specializes in advanced HVAC solutions, offering two primary product lines: smart vents and smart thermostats. These products enhance temperature control and energy efficiency within residential spaces. The smart vents tackle common heating and cooling challenges, such as eliminating hot and cold spots, balancing room temperatures, and providing individual room control. They operate through a cloud-based platform, allowing users to manage their heating and cooling systems via a mobile app. The Flair Puck, a wireless thermostat compatible with over 200 brands, enables remote control of HVAC systems and integrates seamlessly with existing setups. These products cater to homeowners and HVAC professionals, primarily marketed in the United States, with growing interest in Canada and select international markets.Standard Euler, Inc. generates revenue through direct-to-consumer sales of its smart vent systems and smart thermostats, alongside partnerships with HVAC contractors and retailers. Products are typically purchased online, with options for individual smart vents, the Flair Puck, or bundled systems. The pricing structure accommodates various needs, providing flexibility for both single unit purchases and larger home installations. The integration of hardware and software ensures customers receive ongoing support through the hvacOS™ platform, promoting long-term relationships and customer satisfaction in the HVAC market.Looking ahead, Standard Euler, Inc. plans to expand its product offerings with new innovations in HVAC technology. The company aims to enter new geographic markets, specifically targeting expansion in Canada and select regions internationally by 2024. Recent funding from the Series A round, concluded in July 2022, will support these initiatives, enabling the company to enhance product development and market penetration.

## Funding rounds

- Series A, Jul 28, 2022, $3.1M — Resilience Capital Partners, Skyview Capital, SOSV, 3M Ventures, Shell Ventures, Active Impact Investments, Lowercarbon Capital, Susquehanna Foundation
- Series A, Apr 25, 2022, $5.7M — SOSV, Active Impact Investments
- Seed, Jan 3, 2019 — SOSV, HAX, Berkeley Angel Network, Third Sphere, Luminance Brands
- Seed, Sep 28, 2015, $0.3M — SOSV, HAX, Third Sphere

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A
- HAX — Seed
- Third Sphere (https://capitalatlas.ai/funds/third-sphere) — Seed
- Berkeley Angel Network — Seed
- Luminance Brands — Seed
- Active Impact Investments (https://capitalatlas.ai/funds/active-impact-investments) — Series A
- Resilience Capital Partners (https://capitalatlas.ai/funds/resilience-capital-partners) — Series A
- Skyview Capital (https://capitalatlas.ai/funds/skyview-capital) — Series A
- 3M Ventures (https://capitalatlas.ai/funds/3m-ventures) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Series A
- Susquehanna Foundation — Series A