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ThermoLift Inc

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Thermolift | The Future of Clean Energy

Novi, United StatesFounded 2012Energy

Valuation $100–250M Last recorded · 2021

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About ThermoLift Inc

ThermoLift is a pioneering company in the energy sector, specializing in advanced heat pump technology designed for a sustainable and efficient future. The company's flagship product, the TC3, is a state-of-the-art heat pump that is hydrogen-ready and free of toxic refrigerants, aimed at reducing carbon footprints and enhancing energy efficiency. ThermoLift operates primarily in the clean energy market, serving both residential and commercial clients who are looking to adopt green technologies. The business model revolves around the development, manufacturing, and installation of their patented heating and cooling systems. Revenue is generated through the sale and installation of the TC3 units, as well as through partnerships and funding from both private and public sectors, including significant investments from the U.S. Department of Energy and the NY State Energy Research Development Authority. The company is expanding its operations with a new facility in Novi, MI, to increase its testing, development, and assembly capabilities.

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At a glance

Status: Operational
Founded: 2012
Headquarters: Novi, United States
Employees: 24
Open positions: None listed
Dealroom signal: 32.6/100
Industry: Energy
Sector: Energy, Hard Tech
Links: Website LinkedIn X

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VC✓Equity / VC	Jun 2021	$26M	$104M	US Department of Energy · NYSERDA · The Clean Energy Business Incubator Program · Wells Fargo Innovation Incubator	—

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Growth signals

ThermoLift Inc website traffic

Latest recorded traffic for ThermoLift Inc is 130 monthly website visits. ThermoLift Inc's team grew 0% over the past year.

Latest monthly visits130 1-year team growth0%

Monthly website visitsOct 2022–Dec 2022

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