Heat Geek Raises £3.7M in Seed Funding

Heat Geek

Heat Geek, a London, UK-based provider of a digital platform for heating engineers, raised £3.7M in Seed funding

The round, which brought total funding to £4.2M, was led by Transition, with participation from Triple Point Ventures, Ed Broussard, Rob Harris, Jeff Twentyman, Akta Raja, Stewart Seigel and others.

The company intends to use the funds to expand operations and development efforts.

Founded by Adam Chapman, Aadil Qureshi, and Matthew Gunn, Heat Geek provides a digital platform that offers heating engineers with a “business-in-a-box”, empowering them with training, innovative technology and a pipeline of paying customers that have been pre-qualified using the company’s proprietary property intelligence algorithms.

All Heat Geek certified installers will soon be given access to the digital platform, featuring tools such as a digital surveying and system design process, a training and community hub, MSC certification, plus an end-to-end digital journey for homeowner.

The company has already established a partnership with OVO Energy was launched in September, and with Resi, a digital-first renovation and extension service. 

Commenting on the news, Aadil Qureshi said: “At the heart of our business is a shared obsession with empowering everyone in the UK to upgrade their home and save money every month. But one of the biggest issues facing mass uptake of heat pumps is a lack of skilled installers. Our solution is simple – train thousands of existing heating engineers and give them the skills, knowledge and tools to unlock the support for thousands of homeowners wanting to decarbonise their homes and save money on their energy bills.”

FinSMEs

29/02/2024