About Mysa
Mysa is a company founded in 2016 by Zachary Green and Joshua Green.. Mysa has raised $22.91 million across 3 funding rounds from investors including BDC, Export Development Canada and Cycle Capital. Mysa offers products and services including Mysa Smart Thermostat for Baseboards, Mysa LITE for Baseboards, Mysa for In-Floor Heating, and Mysa for Mini-Split Heat Pumps. Mysa operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Tibber and tado°, among others.
- Founders Zachary Green, Joshua Green
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.91 M (USD)
in 3 rounds
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Latest Funding Round
$16.35 M (USD), Series B
Nov 03, 2021
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Investors
BDC
& 6 more
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Employee Count
Employee Count
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Products & Services of Mysa
Mysa offers a comprehensive portfolio of products and services, including Mysa Smart Thermostat for Baseboards, Mysa LITE for Baseboards, Mysa for In-Floor Heating, and Mysa for Mini-Split 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.
Smart thermostat for controlling electric baseboard heaters remotely.
Affordable smart thermostat for energy-efficient baseboard heating.
Smart thermostat for managing in-floor heating systems effectively.
Smart thermostat for controlling mini-split heat pumps and AC.
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Software Development Team
15 people
Finance and Accounting
3 people
Sales and Marketing
2 people
Leadership Team
2 people
Human Resources and Administration
2 people
Product Management Team
1 people
Data Analysis and Operations Team
1 people
Co Team
1 people
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Funding Insights of Mysa
Mysa has successfully raised a total of $22.91M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $16.35 million completed in November 2021. 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 3
- Last Round Series B — $16.4M
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First Round
First Round
(11 Dec 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Series B - Mysa | Valuation | Cycle Capital | |
| Jul, 2020 | Amount | Seed - Mysa | Valuation | Killick Capital , BDC |
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| Dec, 2018 | Amount | Seed - Mysa | Valuation |
investors |
| 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 Mysa
Mysa has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, Export Development Canada and Cycle Capital. 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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Cycle Capital is engaged in venture capital for clean tech innovations.
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Founded Year | Domain | Location | |
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Killick Capital is engaged in private equity investments in Canada.
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Founded Year | Domain | Location | |
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Round13 Capital is engaged in venture capital investments across Canada.
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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 Mysa
| 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 - Mysa
| 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 |
Mysa Comparisons
Competitors of Mysa
Mysa 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 ecobee, MRI Software, Savant Systems, Tibber and tado°, 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 |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
IoT and SaaS solutions for building energy management are provided.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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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 Mysa
Frequently Asked Questions about Mysa
When was Mysa founded?
Mysa was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Who is the current CEO of Mysa?
Joshua Green is the current CEO of Mysa. They have also founded this company.
Is Mysa a funded company?
Mysa is a funded company, having raised a total of $22.91M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Dec 11, 2018.
What does Mysa do?
Mysa was founded in 2016 as a provider of connected thermostats controlled via mobile apps. The devices are engineered for high-voltage systems, such as electric baseboard, fan-forced, and in-floor heaters. Scheduling based on location and a vacation mode are supported. Compatibility is ensured with Android and iOS platforms, focusing on residential heating management.
What products or services does Mysa offer?
Mysa offers Mysa Smart Thermostat for Baseboards, Mysa LITE for Baseboards, Mysa for In-Floor Heating, and Mysa for Mini-Split Heat Pumps.
Who are Mysa's investors?
Mysa has 7 investors. Key investors include BDC, Export Development Canada, Cycle Capital, Killick Capital, and Round13 Capital.
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