Fundz

Quilt Raises $9M Seed Round To Become The Nest Of Heat Pumps

PRIVATEMay 16, 2023

Amount Raised

$9 Million

Round Type

Seed

Redwood CityManufacturing

Investors

SpacecadetClimate CapitalGarage CapitalMCJ CollectiveIncite VenturesGradient VenturesLowercarbon Capital

Description

Last year, Americans bought more heat pumps than gas furnaces, a striking split that’s likely to widen in the coming years as consumer awareness and climate regulations foster their uptake.

Quick answer

Quilt raised $9 Million in a Seed round, dated May 16, 2023. Investors: Spacecadet, Climate Capital, Garage Capital, MCJ Collective, Incite Ventures, Gradient Ventures and Lowercarbon Capital. Quilt is based in Redwood City, California, United States.

How much did Quilt raise?
Quilt raised $9 Million in a Seed round on May 16, 2023.
Who invested in Quilt?
Spacecadet, Climate Capital, Garage Capital, MCJ Collective, Incite Ventures, Gradient Ventures and Lowercarbon Capital are named as investors in this round.
What does Quilt do?
Quilt creates home climate systems designed to move humanity off fossil fuels.
Where is Quilt based and how big is it?
Quilt is based in Redwood City, California, United States.
Who are the decision-makers at Quilt?
Fundz holds 3 contacts at Quilt, including the Chief Revenue Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Quilt that raised within 45 days of this round, from Fundz verified event records.

  • NEO Battery Materials raised an undisclosed amount (Funding Round) on June 30, 2023.
  • Newlight raised $271M on June 30, 2023.
  • Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
  • Material Evolution raised $19M (Funding Round) on June 29, 2023.
  • IPG Photonics Corporation raised $1M (Seed) on June 29, 2023.
  • Berlin Heals raised an undisclosed amount (Funding Round) on June 29, 2023.

Who to call at Quilt, and when

A new round usually means Quilt is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Quilt raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Quilt, from your own LinkedIn network

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Company Information

Company

Quilt

Location

Redwood City, California, United States

About

Quilt creates home climate systems designed to move humanity off fossil fuels. As the smartest way to heat and cool your home, Quilt blends seamlessly into any home environment, offering intuitive room-by-room control, occupancy awareness for unmatched energy efficiency, and predictive technology.

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Fundz sees it the moment Quilt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsMark S., Chief Revenue Officer hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Quilt's next move

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Quilt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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