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Quilt Raises $20 Million Series B to Expand Heat Pump Market in US and Canada, led by Energy Impact Partners and Galvanize.

PRIVATEDec 08, 2025

Amount Raised

$20 Million

Round Type

Series B

Redwood CityManufacturing

Investors

Alumni VenturesGradient VenturesIncite VenturesLowercarbon CapitalEnergy Impact PartnersGalvanize

Description

Quilt, a startup based in Redwood City, California, has raised $20 million in a recently closed Series B round. The funding will accelerate Quilt’s expansion in the US and Canada, where they have already installed nearly 1,000 units. The round was led by Energy Impact Partners and Galvanize, with participation from several venture firms. This financing aims to support further development of Quilt's innovative product offerings in thermal energy.

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Company Information

Company

Quilt

Location

Redwood City, California, United States

About

Quilt creates home climate systems designed to move humanity off fossil fuels. As the smartest way to heat and cool your home, Quilt blends seamlessly into any home environment, offering intuitive room-by-room control, occupancy awareness for unmatched energy efficiency, and predictive technology.

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Related People

3 contacts
Verified contactsMark S., Chief Revenue Officer hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Quilt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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