Steam Energy Labs

Canada
Maple Bay, British Columbia, Canada

Company profile

Steam Energy Labs company profile

Steam Energy Labs offers an intelligent thermostat designed to help utilities to balance the electricity grid for water heater management. The thermostat provides consumption data of water heater on a timeline, dynamic smart control, AwaySense, alongside providing mobile notifications to compliment feature to detect malfunctions and overheating incorporating sustainable energy sources into the grid, sources that are inherently intermittent due to weather patterns, enabling consumers to save their money with efficient gas water heaters. Elad Wallach and Vitaly Rubinovich co-founded Steam Energy Labs in Montreal, Quebec, Canada in 1976.

Business identity

Contact email
[email protected]
Operating status
Closed
Company type
For Profit
Employee range
1-10 employees
Revenue range
$0+
Founded
2015-01-01, Year

Headquarters

Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Seed
Funding rounds
1
Total equity funding
$10,000
Last funding
Pre Seed / $10,000 / 2019-03-01
Last equity funding
Pre Seed / $10,000
Investors
3
Lead investors
2
Founders
1

Founders and investors

Founders

Elad Wallach

Lead investors

Boomtown AcceleratorsInNEVator Blockchain Accelerator

Investors

Boomtown AcceleratorsInNEVator Blockchain AcceleratorRight Side Capital Management