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Office located in Somerville, MA
Geothermal installation provider
Job no longer available
Geothermal installation provider
101-200 employees
Job no longer available
+stock options
Office located in Somerville, MA
101-200 employees
To enable the widespread adoption of home geothermal systems.
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To enable the widespread adoption of home geothermal systems.
7% employee growth in 12 months
Dandelion Energy aims to make geothermal heat pumps mainstream. In doing so, it offers homeowners affordable heating and cooling systems as an attractive alternative to furnace systems that rely on gas, oil and propane. It promises to cut bills in half whilst being climate conscious.
One issue taken is that whilst it offers this solution to cut the costs of bills, installation costs remain high. However there's no denying the environmental impacts heat pump usage could have. Replacing dated equipment with Dandelion's geothermal heating and cooling system could reduce a home’s CO₂ emissions by up to 75%.
Dandelion has impressive backers, unsurprising as a product incubated at Google’s Alphabet ‘X’. It has received a significant amount of funding led by Breakthrough Energy Ventures, the clean energy investment fund started by Bill Gates, which includes money from Jeff Bezos and Michael Bloomberg. This funding will contribute towards expanding Dandelion’s reach, getting closer to its goal of ensuring widespread adoption of geothermal heat pump technology.
Steph
Company Specialist at Welcome to the Jungle
Sep 2024
$40m
SERIES C
Nov 2022
$70m
SERIES B
This company has top investors
Kathy Hannun
(President)Served as CEO until January 2020. Previously spent 7 years at Google[x] as the Product Manager. Was the Chair of the Investor Subcommittee for The California Sustainable Energy Entrepreneur Development Initiative CalSEED.