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Heat Geek raised £4m in a seed funding round led by Transition to expand its network of installers and support the growth of carbon-friendly electric heat pumps.

PRIVATEFeb 29, 2024over 2 years ago

Amount Raised

£4 Million

Round Type

seed

LondonManufacturingInformation TechnologyEnergyRenewable Energy

Investors

Angel InvestorsTriple Point VenturesTransition

Description

Heat Geek, previously known as Skoon Energy, has secured a seed funding round worth £3.7m, bringing the total amount raised in the last 12 months to over £4m. The funding will be used to drive growth in the installation of carbon-friendly electric heat pumps and expand its network of installers.

Company Information

Company

Heat Geek

Location

London, England, United Kingdom

About

Heat Geek is renewing the heating industry. Home heating accounts for 17% of the UK's carbon emissions and to tackle this, we've developed a digital-first experience that enables people to upgrade the homes with carbon-free heating. For installers, we've long been the go-to source of expert advice on all aspects of the heating industry for both end users and industry professionals who value the facts above all else. Heat Geeks are part of one of the largest independent renewables installer communities in the country, with access to incredible training and community support to deliver customer energy upgrades, and grow your business at the same time.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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