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TimberHP logo — Insulate Better. Live Better.

TimberHP

Insulate Better. Live Better.

Founded 2017 United States United States 32 employees Venture round Total: $4.46M Manufacturing, Construction

General Information

Company Name TimberHP
Founded Year 2017
Location United States United States
Employees 32
Industries Manufacturing, Construction
Funding Stage Venture round
Social

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About TimberHP

TimberHP is a Maine-based building products corporation founded in 2017 with a focus on developing and manufacturing renewable, biodegradable, and non-toxic wood fiber insulation for the residential and light commercial construction market. The company's products aim to tackle the urgent threat of global climate change by addressing the unsustainable dynamic of 44% of global carbon emissions coming from energy consumed by buildings. By offering wood fiber batts, blown-in insulation, and exterior boards, TimberHP aims to create tighter building envelopes, reducing the need for heating and cooling. Additionally, the products are cost-competitive and environmentally sustainable, aligning with the increasing demand for energy-efficient and low carbon footprint construction. The company is set to launch a cutting-edge manufacturing facility in a former paper mill in Madison, Maine, leveraging wood chips from local lumber yards to produce transformative insulation products. The last investment, a Venture Round investment, was secured on 07 June 2023 from the Main Venture Fund, signifying confidence in the company's potential to drive environmental sustainability while revitalizing the local forest products industry and creating employment opportunities.

Business keywords: Sustainable Construction, Eco-friendly Materials, Insulation Technology, Carbon Neutrality, Energy Efficiency, Green Building, Sustainable Manufacturing, Environmental Sustainability, Wood Fiber Products, Construction Industry, Maine Economy, Forest Products, Climate Change, Green Jobs

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Main Venture Fund
Main Venture Fund
07 Jun 2023
Seed Round $3.24M -
04 Mar 2021
Debt Financing $200.00K 1
Maine Technology Institute
Maine Technology Institute
01 Jan 2020
Grant $250.00K -
14 May 2019
Grant $750.00K 1
Maine Technology Institute
Maine Technology Institute
01 Jan 2019
Grant $24.84K 1
Maine Technology Institute
Maine Technology Institute
13 Dec 2016

TimberHP Alternatives & Competitors

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TimberHP vs
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TimberHP vs
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Also compare with: TimberHP vs LuxWall, Inc. LuxWall, Inc. View all alternatives

FAQ About TimberHP

Insulate Better. Live Better.
TimberHP was founded in 2017.
TimberHP is headquartered in United States.
TimberHP operates in Manufacturing and Construction. Its work centres on Sustainable Construction, Eco-friendly Materials, Insulation Technology and Carbon Neutrality.
TimberHP has approximately 32 employees.
TimberHP has completed 6 funding rounds, raising a total of $4.46M. The latest funding stage is Venture round.
Top alternatives and competitors to TimberHP include Hempitecture, BioTwin, Aisti, GreenJams, LuxWall, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TimberHP and Hempitecture 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 TimberHP, https://bouncewatch.com/company/timberhp, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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