Residential heat-pump retrofits, made fast, financed, and permit-ready.
01 / Problem
The retrofit is the bottleneck.
Homeowners want heat pumps. Incentives pay for a third of the cost. But the quote-to-install loop still takes 11 weeks, and two in three projects stall on permits or financing.
Average quote turnaround: 18 days
Permit rework rate: 41%
Projects abandoned before install: 38%
02 / Thesis
We run the retrofit like a product, not a job site.
One operating system for the installer, the homeowner, the utility, and the lender. Quote in 48 hours, permit in 10 days, install in 3.
03 / How it works
Three surfaces, one loop.
Homeowner app. 90-second scan produces a binding quote and a signed financing term sheet.
Utility + lender API. Settlement, rebate capture, and loan servicing on one rail.
04 / Traction
12 months in.
Projects installed
1,284
across 4 metros
Quote to install
19
days, median
Revenue run rate
$14.2M
at Q1 exit
Gross margin
31%
on installed work
05 / Why now
The tailwinds are in place.
Inflation Reduction Act rebates are live in 38 states. Utility demand-response programs now pay installers directly. Residential rates are up 22% year-over-year. The economics finally clear without a subsidy hunt.
06 / Team
Operators who shipped this before.
Maya Shaw
Co-founder, CEO
Scaled SunRun's residential ops from 8 to 42 markets. Ex-Tesla Energy.
Derek Okonkwo
Co-founder, CTO
Built the pricing engine at Opendoor. Carnegie Mellon robotics.
Priya Venkatesan
Head of Capital
Former MD at Hannon Armstrong. Structured $4B+ of climate debt.
07 / Ask
Raising $22M Series A.
18 months of runway. Opens 6 new metros, doubles install capacity, and funds the first $40M of our home improvement loan book.