LinkedIn · Apr 2024
Jeremy Osborne says the two YC companies merged on Sept. 28, 2023, had installed 50 heat pumps in the SF Bay Area, and had expanded to Los Angeles.
Tech-enabled heat pump contractor that cuts costs by 60%
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Tech-enabled HVAC contractor and venture-backed startup that sells and installs residential heat pumps in the SF Bay Area, combining online quoting, in-house technicians, software-based load calculations, financing/rebate support, and a flagship Redwood heat pump platform.
Primary product
Residential heat pump installation service and Redwood Heat Pump
Founded
2023
Headquarters
Redwood City, California, United States
Team size
1-10
Work style
Flexible
Industry
Specialty Trade Contractors
Sub-industry
Residential HVAC / heat pump installation
Offices
Redwood City, California, United States
Business model
Direct-to-homeowner installation services
Tech-enabled HVAC contracting
Hardware + installation
Financing/rebate-assisted sales
Funding
Stage
seed
Total raised
$625K
Latest round
Seed · Aug 2023
Latest amount
$125K
Jan 2024
Aug 2023
Apr 2023 · Y Combinator
People & investors
Investors
Work & culture
Mission-driven, engineering-led, fast-moving, and hands-on, with a strong emphasis on home electrification, craftsmanship, and collaboration across software, hardware, and field operations.
Work style
Flexible
Visa sponsorship
Limited
Compensation
A public Senior Full Stack Engineer posting lists $140K-$180K salary plus 0.25%-1.00% equity; roles can be remote within the Americas, but visa support is limited to U.S. citizens/visa holders.
Benefits
medical insurance
dental insurance
vision insurance
401(k)
equity
competitive pay
Product & market
Pricing
Quote-based project pricing with financing and rebate assistance; some packages are publicly advertised with starting prices.
Differentiators
- —In-house W-2 technicians
- —Software-based load calculations and quote flow
- —Prefabrication/kitting to reduce install time
- —Direct-to-homeowner online quote and financing workflow
- —Transparent upfront pricing
- —Warranty coverage up to 10 years on parts and labor
- —Flagship Redwood hardware with monitoring
- —Rebate filing and incentive support
Technology
React (Remix)
Django
PostgreSQL
Tailwind
Render
Stripe
Customers
Homeowners in the SF Bay Area
Homeowners replacing gas furnaces or baseboard heating
Homeowners with ducted or ductless homes needing heat pump installs
Competitors
DREM
Tetra
Quilt
traditional HVAC contractors
Scale & contact
Estimated revenue
$500K-$1M estimated annual revenue
Estimated monthly visits
7.9K
Traffic estimate as of Jun 2024
Latest news
Electric Air · Mar 2024
Official merger announcement explaining that Electric Air and Helios Climate Industries merged to accelerate building electrification and unify under the Electric Air name.
TechCrunch · Apr 2023
TechCrunch highlighted Electric Air as a YC Winter 2023 startup aiming to make heat pumps more accessible and compared the opportunity to the growing U.S. heat-pump market.
Y Combinator
YC launch page describes Electric Air as a direct-to-homeowner heat-pump product and system, emphasizing modern heat-pump technology, financing/rebate support, and an integrated purchase/install experience.
Jobs and careers at Electric Air
5 jobs at Electric Air
Founding Growth & Brand Lead
On-site
Headquarters
Redwood City
3mo ago
On-site
Full-time
Senior Full Stack Software Engineer
Remote
Headquarters
Americas (US, Canada, Latin America)
1y ago
Remote
Full-time
Installation Manager
On-site
Headquarters
Redwood City
1y ago
On-site
Full-time
Heat Pump Sales Engineer
On-site
Headquarters
Redwood City
1y ago
On-site
Full-time
Lead HVAC Technician
On-site
Headquarters
Redwood City
2y ago
On-site
Full-time