Web Analytics

3 Latest Announced Rounds

  • $7,500,000
    Seed

    2 Investors

    Software Development
    Nov 21st, 2024
  • $6,000,000
    Series A

    1 Investors

    Transportation, Logistics, Supply Chain and Storage
    Nov 21st, 2024
  • $30,000,000
    Unknown

    1 Investors

    Financial Services
    Nov 21st, 2024
$1,631.41M Raised in 96 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Cala Systems

start up
United States - Somerville, MA
  • 07/08/2024
  • Seed
  • $5,600,000

Residential water heating accounts for 3% of all U.S. greenhouse gas emissions and 19% of home energy use, contributing to sky-high bills for many households. We started Cala with the goal to decarbonize home water heating, lower costs, and create a better experience for consumers.

So we turned to the source for a better solution: your hot water tank. For the past 130 years, water heaters have been designed to heat the tank when the water gets cold. But we believe it’s time for a change.

Cala maximizes the flexibility of your hot water tank by adjusting when, how quickly, and to what temperature your water is heated. Cala heats at the most efficient speed, generates more hot water before periods of high demand, uses electricity when your home solar system is operating or the electric grid is cleanest, and more - all without compromising on comfort.

By electrifying water heating and minimizing energy use, Cala significantly reduces greenhouse gas emissions today. And by synchronizing water heating with zero-carbon electricity as it continues to grow, Cala can make every bubble bath, shower, and hand wash a zero-emission comfort in the future.

We’re committed to a future where hot water is both a comfort and a step towards a cleaner, more sustainable planet. We hope you’ll join us.


Related People

Michael RigneyFounder

Michael Rigney United States - Boston, Massachusetts

I am a repeat founder, co-founder or senior executive in start-ups ranging from initial concept to post-IPO.

I'm passionate about the energy sector and contributing to eliminating its greenhouse gas emissions. I believe start-ups are essential to achieving this goal.

I love the camaraderie of a great team, the power of a positive culture, and the surprise of a delighted customer.

Skillsets: Energy Technologies and Markets; Energy Policy; Entrepreneurship; Company Strategy; Team Building and Leadership; General Management; Go-to-Market Planning and Execution; Consultative and Executive Sales; Marketing; Regulatory Affairs; Financial Modeling; Product Management; Thermal Sciences.