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Reservoir raises $8M in a seed round led by Asymmetric Capital Partners to improve water heaters, aiming for 1,000 installations in Boston to enhance efficiency.

PUBLIC · RSVRAug 12, 2026•about 3 hours ago

Amount Raised

$8 Million

Round Type

Seed

New YorkSoftwareMedia And EntertainmentMusic And Audio

Investors

McjFounder CollectiveAsymmetric Capital Partners

Description

Reservoir announced on Wednesday that it has raised $8 million in a seed round led by Asymmetric Capital Partners with participation from Founder Collective and MCJ. The funding will help the company install more of its innovative water heaters in homes around the Boston area. Reservoir has installed about 100 devices to date and hopes to reach approximately 1,000 by the end of next year. The initiative aims to improve energy efficiency and support grid stabilization.

Company Information

Company

Reservoir

Location

New York, New York, United States

About

Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi. Reservoir is the first U.S.-based publicly traded independent music company and the first female founded and led publicly traded music company in the U.S. Founded as a family-owned music publisher in 2007, Reservoir has grown to represent over 140,000 copyrights and 36,000 master recordings with titles dating as far back as 1900 and hundreds of #1 releases worldwide. Reservoir holds a regular Top 10 U.S. Market Share according to Billboard’s Publishers Quarterly, was twice named Publisher of the Year by Music Business Worldwide’s The A&R Awards, and won Independent Publisher of the Year at the 2020 Music Week Awards. Reservoir also represents a multitude of recorded music through Chrysalis Records, Tommy Boy Records, and Philly Groove Records and manages artists through its ventures with Blue Raincoat Music and Big Life Management.

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