About HeatTransformers
HeatTransformers is a company based in Woerden (Netherlands) founded in 2018 by Guido van Els de Haan, Gijs van Vrede, and Stijn Otten.. HeatTransformers has raised $16 million across 1 funding round from investors including InnovationQuarter, Energy Impact Partners and Fair Capital Partners. HeatTransformers offers products and services including Hybrid Heat Pumps and All-Electric Heat Pumps. HeatTransformers operates in a competitive market with competitors including Attema, Duurzame Energie Veenendaal-Oost, Telecombinatie, Van den Berg and Recupair, among others.
- Headquarter Woerden, Netherlands
- Founders Guido van Els de Haan, Gijs van Vrede, Stijn Otten
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Heattransformers B.V.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 1 rounds
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Latest Funding Round
$16 M (USD), Series A
Apr 04, 2023
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Investors
InnovationQuarter
& 3 more
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Employee Count
Employee Count
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Products & Services of HeatTransformers
HeatTransformers offers a comprehensive portfolio of products and services, including Hybrid Heat Pumps and All-Electric Heat Pumps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Combines heat pump with boiler to reduce gas consumption by up to 81 percent.
Provides fully electric heating for complete independence from gas.
Funding Insights of HeatTransformers
HeatTransformers has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series A round of $16 million completed in April 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $16.0M
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First Round
First Round
(04 Apr 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - HeatTransformers | Valuation | Energy Impact Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HeatTransformers
HeatTransformers has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include InnovationQuarter, Energy Impact Partners and Fair Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on growth-stage startups
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Founded Year | Domain | Location | |
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Energy innovation funding is provided by ENERGIIQ in Zuid-Holland.
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Founded Year | Domain | Location | |
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Sector-agnostic VC firm investing primarily in the Netherlands
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HeatTransformers
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HeatTransformers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heattransformers Comparisons
Competitors of HeatTransformers
HeatTransformers 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 Attema, Duurzame Energie Veenendaal-Oost, Telecombinatie, Van den Berg and Recupair, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Construction products and installation services are provided by Attema.
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| domain | founded_year | HQ Location |
Energy company that provides heat and cooling solutions to residential and commercial properties
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| domain | founded_year | HQ Location |
Home repair and installation services are provided by Telecombinatie.
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| domain | founded_year | HQ Location |
Provider of commercial & residential electrical and air conditioning installation services
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| domain | founded_year | HQ Location |
Air conditioning services are provided throughout the Netherlands.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Heattransformers
Frequently Asked Questions about HeatTransformers
When was HeatTransformers founded?
HeatTransformers was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is HeatTransformers located?
HeatTransformers is headquartered in Woerden, Netherlands. It is registered at Woerden, Utrecht, Netherlands.
Who is the current CEO of HeatTransformers?
Stijn Otten is the current CEO of HeatTransformers. They have also founded this company.
Is HeatTransformers a funded company?
HeatTransformers is a funded company, having raised a total of $16M across 1 funding round to date. The company's 1st funding round was a Series A of $16M, raised on Apr 04, 2023.
What does HeatTransformers do?
HeatTransformers was founded in 2018 in Woerden, Netherlands, within the residential heating sector. Advice and installation services for heating solutions are offered, with specialization in heat pumps and hybrid models. Ongoing monitoring and maintenance are provided to support system performance. Operations emphasize environmental aspects, including energy efficiency and carbon reduction, for household applications.
Who are the top competitors of HeatTransformers?
HeatTransformers's top competitors include Recupair, DeurenServiceCentrum and Attema.
What products or services does HeatTransformers offer?
HeatTransformers offers Hybrid Heat Pumps and All-Electric Heat Pumps.
Who are HeatTransformers's investors?
HeatTransformers has 4 investors. Key investors include InnovationQuarter, Energy Impact Partners, Fair Capital Partners, and ENERGIIQ.