Jetson has secured a $50 million Series A investment led by Eclipse Ventures to fuel its mission of transforming the home energy landscape through full electrification and enhanced consumer experiences.

Target Information

Jetson is a pioneering company specializing in the electrification of home energy systems. With a focus on reinventing the outdated structures of home energy consumption, Jetson offers a fully electric and integrated ecosystem that addresses the inefficiencies of traditional fuel-powered infrastructures. The company’s initial product line centers around heat pumps, vital components of home heating and cooling systems that account for a significant portion of household energy expenditures. As of now, Jetson operates over 1,000 all-electric heat pump systems in homes across Canada and the U.S., achieving remarkable growth and customer satisfaction.

Founded by seasoned entrepreneurs Stephen Lake, Aaron Grant, and Matthew Bailey, Jetson aims to transform home energy management by providing not only state-of-the-art products but also an integrated online platform that enhances consumer engagement and control. The company has set high standards for performance and consumer experience, yielding impressive financial and environmental benefits with a Net Promoter Score of 75.

Industry Overview

The home energy industry in the United States is in a state of transition as the focus shifts from conventional gas systems to innovative electrification solutions. More than 20% of the country's total energy consumption comes from residential homes, where th