Canada
Mysa is a Canadian startup that has positioned itself at the intersection of Consumer Electronics, Internet, and Telecom. Founded in 2016, the company is headquartered in Canada and specializes in designing smart thermostats that provide users with extensive control over their electric heating or cooling systems via a single app. The company's slogan, "The only Canadian-designed smart thermostat that gives you full control of your electric heating or cooling with one app," encapsulates its commitment to convenience and energy efficiency.
Focused on sustainability, Mysa claims that users can reduce their energy bills by up to 26% through features like remote control, scheduling, and geofencing, enhancing smart home or office integrations. The company plays a significant role in large-scale decarbonization projects across North America, aligning with global climate change initiatives.
In November 2021, Mysa secured a $20.30M Series B investment. The funding was led by a consortium of notable investors, including Cycle Capital, Export Development Canada, Killick Capital, Round13 Capital, Climate Innovation Capital, and BDC Capital Cleantech Practice. This financial boost is expected to drive further innovation and expansion in the smart home market.
