HomeBoost, a San Francisco, CA-based provider of a home energy platform, raised $4M in Seed funding.
The round was led by True Ventures, Gigascale Capital, and Incite.org.
The company intends to use the funds to accelerate customer growth, technological development, and expand the team.
Led by CEO Selina Tobaccowala, HomeBoost is a home energy platform providing partnership at every stage of the homeownership journey. Its initial product, BoostBox, is a DIY home energy assessment kit that gives homeowners the tools and personalized insights to improve their home energy efficiency, save money on utility bills, and live comfortably.
BoostBox includes a thermal camera that plugs into an iPhone along with a blacklight. The thermal camera helps HomeBoost determine where insulation can be improved, window drafts mitigated, and more, while the blacklight shows which incandescent light bulbs can be replaced with longer lasting LEDs. A mobile app—available for free download on the Apple App Store—walks homeowners through the entire assessment process. They can choose to focus on specific problem areas in 30 minutes or less or conduct a comprehensive scan of their entire home. Its AI and computer vision engine quickly turns the inputs homeowners share into a detailed report, complete with recommendations on product upgrades, maintenance they can complete themselves, and larger projects that require contractors.
FinSMEs
29/10/2024