CoolIT Systems

Calgary, Canada Founded: 2001 • Age: 25 yrs Acquired By Ecolab
Provider of direct contact liquid cooling system for data centers and desktop systems
Annual revenue - Latest available
Total funding $6.5M 3 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 7 Services tracked
Competitors 10 Brand Intelligence

About CoolIT Systems

CoolIT Systems is a company based in Calgary (Canada) founded in 2001 by Brydon Gierl was acquired by Ecolab in March 2026. CoolIT Systems has raised $6.48 million across 3 funding rounds from investors including Ecolab, KKR and Mubadala. CoolIT Systems offers products and services including Coldplates, CDU, Manifolds, RDHX, and SFN. CoolIT Systems operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

  • Headquarter Calgary, Canada
  • Founders Brydon Gierl
  • Sectors
    Business Services
    Energy & Utilities Technology Real Estate & Construction
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Coolit Systems, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.48 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Ecolab

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    Ecolab

    & 1 more

    (Mar 20, 2026)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of CoolIT Systems

CoolIT Systems offers a comprehensive portfolio of products and services, including Coldplates, CDU, Manifolds, RDHX, and SFN.

Product name locked
Category locked
Primary

Devices for cooling CPU and GPU in servers

Product name locked
Category locked
Locked

Units that manage heat loads in data centers

Product name locked
Category locked
Locked

Interfaces for connecting cooling loops

Product name locked
Category locked
Locked

Systems for additional cooling in racks

Product name locked
Category locked
Locked

Custom networks for data center cooling

Product name locked
Category locked
Locked

Installation and commissioning for cooling systems

Product name locked
Category locked
Locked

On-site education for liquid cooling operations

Funding Insights of CoolIT Systems

CoolIT Systems has successfully raised a total of $6.48M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CoolIT Systems

CoolIT Systems has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Ecolab, KKR and Mubadala.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Liquidity solutions are offered for private equity stakeholders by Kline Hill.
Locked Locked Locked
Debt and equity solutions are provided to mid-to-late-stage technology companies.
Locked Locked Locked
Investments are made in early-stage technology companies by Inovia Capital.
Locked Locked Locked
Premium access

Investor details for CoolIT Systems

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by CoolIT Systems

Investments
Premium access

Investment portfolio details for CoolIT Systems

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - CoolIT Systems

Premium access

Detailed financials for CoolIT Systems

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Coolit Systems Comparisons

CoolIT Systems Primary company
Description
Provider of direct contact liquid cooling system for data ce...
Location
Calgary, Canada
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for CoolIT Systems

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of CoolIT Systems

CoolIT Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IoT connectivity platform from prototype to production is developed.
Locked Locked Locked
Signify is recognized as a global leader in lighting solutions.
Locked Locked Locked
Manufacturer of energy efficiency products
Locked Locked Locked
End-to-end energy management solutions are provided for utilities worldwide.
Locked Locked Locked
Provider of solutions for energy monitoring for residential building
Locked Locked Locked
Energy efficiency and smart grid management solutions
Premium access

Detailed competitors of CoolIT Systems

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Coolit Systems

Premium access

Complete news archive for CoolIT Systems

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about CoolIT Systems

CoolIT Systems was founded in 2001 and raised its 1st funding round 10 years after it was founded.

CoolIT Systems is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Steve Walton is the current CEO of CoolIT Systems.

CoolIT Systems is a funded company, having raised a total of $6.48M across 3 funding rounds to date.

Founded in 2001 in Calgary, Canada, CoolIT Systems operates in the data center cooling sector. Modular and rack-based liquid cooling solutions are offered to enhance in-rack densities, component performance, and power efficiency. These systems support high-performance computing clouds and are applied in both enterprise data centers and desktop environments, focusing on thermal management for computing infrastructure.

CoolIT Systems's top competitors include Particle, Landis+Gyr and Danfoss.

CoolIT Systems offers Coldplates, CDU, Manifolds, RDHX, and 3 more products and services.

CoolIT Systems has 9 investors. Key investors include Ecolab, KKR, Mubadala, nVent, and BDC.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available