COMPANY PROFILE

ThermoLift

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Decarbonization technology for efficient heating, cooling, and hot water, reducing energy use and greenhouse gases

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

ThermoLift specializes in advanced decarbonization technology, offering efficient heating, cooling, and hot water solutions for both residential and commercial sectors. Utilizing its patented Hofbauer cycle, ThermoLift's TC3 device significantly reduces energy consumption and eliminates traditional power conversion losses. The company serves homeowners and businesses seeking environmentally responsible solutions, operating in the clean energy market. ThermoLift's business model focuses on providing scalable, net-zero emission systems that address the growing demand for sustainable energy solutions. Revenue is generated through the sale and installation of its high-efficiency systems, which boast over 100% average efficiency, outperforming conventional gas furnaces. The TC3 unit is designed to maintain constant comfort even in cold climates, ensuring reliable performance and customer satisfaction.

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At a glance

Status: Operational
Founded: 2012
Headquarters: Novi, United States
Employees: 14
Open positions: None listed
Dealroom signal: 24.3/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy, Appliances, Solar Energy, Sustainable Development Goals, Cooling Tech, Oil & Gas, Heat Pump, Climate Tech, Building Energy Efficiency, Building Energy Retrofit, Renewable Energy
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VC✓Equity / VC	Jun 2021	$26M	$104M	Angel Dough Venture · Euclidean Capital	—
GRANT✓Other financing	Mar 2014	$480K	—	NYSERDA	—

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Growth signals

ThermoLift website traffic

Latest recorded traffic for ThermoLift is 300 monthly website visits, up 66.7% over the last three months.

Latest monthly visits300 3-month web change+66.7%

Monthly website visitsNov 2024–Jun 2026

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