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Kelvin logo — Decarbonizing the World's Legacy Buildings

Kelvin

Decarbonizing the World's Legacy Buildings

Founded 2011 United States Brooklyn, United States 60 employees Convertible Note Total: $35.91M Energy, IoT +2

General Information

Company Name Kelvin
Founded Year 2011
Location United States Brooklyn, United States
Employees 60
Industries Energy, IoT, Sustainability +1
Funding Stage Convertible Note
Business Model B2B, SaaS, Platform
Revenue Model Performance Based, Subscription, Leasing/Rental
Social

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About Kelvin

Kelvin, founded in 2011 and headquartered in the United States, operates in the Energy, IoT, Sustainability, and Energy Efficiency industries. The company's mission is encapsulated in its slogan: "Decarbonizing the World's Legacy Buildings."

Kelvin focuses on innovative technology solutions to enhance energy efficiency in legacy buildings. Its platform not only reduces wasted energy and saves costs but also provides precise temperature controls for apartment units. This aligns well with global sustainability trends, addressing one of the most pressing challenges: reducing carbon footprints.

The company's recent Convertible Note investment on 18 October 2023, with backing from Elemental Excelerator, underscores confidence in Kelvin's market potential and execution capability. As the demand for sustainable building solutions rises, Kelvin is strategically positioned to capitalize on the growing emphasis on decarbonization and energy optimization in urban environments.

Business keywords: Energy Management, Electrification, Smart Technology, Legacy Buildings, Radiator Heating, Building Emissions, Energy Efficiency, Carbon Neutrality, Building Innovation, Clean Energy, Heating Technology, Sustainable Buildings, Thermostat Technology, Environmental Impact

Services & Products

Energy Savings Analysis
Heating System Modernization
Smart Heat Pump Installation
Utility Rebate Processing
Incentive Procurement
Compliance Assistance
Installation and Maintenance Services

Target Customers

Property Owners Co-op Boards Multifamily Building Managers Real Estate Developers Sustainability Officers

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note Undisclosed 1
Elemental Excelerator
Elemental Excelerator
18 Oct 2023
Debt Financing Undisclosed -
18 May 2023
Series A $30.00M 3
2150 Schmidt Family Foundation Partnership for New York City
2150, Schmidt Family Foundation +1
18 May 2023
Non Equity Assistance Undisclosed 1
Leading Cities
Leading Cities
01 Jun 2020
Series A $1.15M -
15 Aug 2019
Grant $1.41M 1
National Science Foundation
National Science Foundation
04 Apr 2017
Seed Round $2.40M 1
Third Sphere
20 Oct 2016
Seed Round Undisclosed 4
1776 Ventures MetaProp Rudin Management
1776 Ventures, MetaProp +2
12 Mar 2016
Grant $178.83K 1
National Science Foundation
National Science Foundation
24 Nov 2015
Pre Seed Round $300.00K 2
1776 Ventures
1776 Ventures, Third Sphere
20 Aug 2015

View All 12 Funding Rounds

Kelvin Alternatives & Competitors

View All Alternatives
Kelvin vs
EcoSync
EcoSync United Kingdom

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25 employees
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Compare Kelvin vs EcoSync
Kelvin vs
EnergyElephant
EnergyElephant Ireland

Make Better Energy & Carbon Decisions Using Data. Inspiring climate action software.

12 employees
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Compare Kelvin vs EnergyElephant
Kelvin vs
inewa
inewa Italy

Soluzioni sostenibili e su misura per la decarbonizzazione e la transizione energetica

19 employees
Energy, Sustainability
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FAQ About Kelvin

Decarbonizing the World's Legacy Buildings
Kelvin was founded in 2011.
Kelvin is headquartered in Brooklyn, United States.
Kelvin operates in Energy, IoT, Sustainability and Energy Efficiency. Its work centres on Energy Management, Electrification, Smart Technology and Legacy Buildings. Its customers include Property Owners, Co-op Boards and Multifamily Building Managers.
Kelvin has a B2B, SaaS and Platform business model. Its revenue comes from Performance Based, Subscription and Leasing/Rental.
Kelvin has approximately 60 employees.
Kelvin has completed 12 funding rounds, raising a total of $35.91M. The latest funding stage is Convertible Note.
Kelvin offers: Energy Savings Analysis, Heating System Modernization, Smart Heat Pump Installation, Utility Rebate Processing, Incentive Procurement, Compliance Assistance, Installation and Maintenance Services.
Top alternatives and competitors to Kelvin include EcoSync , EnergyElephant, inewa, Aspen Aerogels, SensorSuite Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Kelvin and EcoSync are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Kelvin, https://bouncewatch.com/company/kelvin-1, updated 10 August 2026. When citing, please name BounceWatch and link this page.

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