Medley Thermal Overview

  • Status
  • Acquired/​Merged

  • Employees
  • 2

Employees

  • Latest Deal Type
  • M&A

Medley Thermal General Information

Description

Developer of a thermal electric system software designed to deliver clean and low-cost power. The company's electrification software adds an electric boiler in parallel to the existing boiler system and uses dispatching software to manage fuel switching between the boilers without disruption to the supply of steam, enabling industries to offset higher power costs and more emissions-intensive fuels and switch to clean steam energy.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly Accelerator/Incubator backed
Corporate Office
  • 444 Somerville Avenue
  • Somerville, MA 02143
  • United States
Primary Industry
Business/Productivity Software
Other Industries
Other Energy Services
Acquirer
Vertical(s)
Corporate Office
  • 444 Somerville Avenue
  • Somerville, MA 02143
  • United States

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Medley Thermal Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 21-Dec-2022 Completed Generating Revenue
7. Accelerator/Incubator 10-Apr-2020 Completed Generating Revenue
6. Grant 30-Jan-2020 Completed Generating Revenue
5. Grant 31-Dec-2019 Completed Generating Revenue
4. Grant 15-Apr-2019 Completed Generating Revenue
3. Accelerator/Incubator 12-Oct-2018 Completed Generating Revenue
2. Grant 02-Jul-2018 $65K Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2016 Completed Startup
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Medley Thermal Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Medley Thermal Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cleantech Open Accelerator/Incubator
DeltaClimeVT Accelerator/Incubator
Greentown Labs Accelerator/Incubator
MIT Climate & Energy Prize University
MassVentures Venture Capital Minority
You’re viewing 5 of 7 investors. Get the full list »

Medley Thermal FAQs

  • Where is Medley Thermal headquartered?

    Medley Thermal is headquartered in Somerville, MA.

  • What is the size of Medley Thermal?

    Medley Thermal has 2 total employees.

  • What industry is Medley Thermal in?

    Medley Thermal’s primary industry is Business/Productivity Software.

  • Is Medley Thermal a private or public company?

    Medley Thermal is a Private company.

  • What is Medley Thermal’s current revenue?

    The current revenue for Medley Thermal is .

  • How much funding has Medley Thermal raised over time?

    Medley Thermal has raised $15K.

  • Who are Medley Thermal’s investors?

    Cleantech Open, DeltaClimeVT, Greentown Labs, MIT Climate & Energy Prize, and MassVentures are 5 of 7 investors who have invested in Medley Thermal.

  • When was Medley Thermal acquired?

    Medley Thermal was acquired on 21-Dec-2022.

  • Who acquired Medley Thermal?

    Medley Thermal was acquired by Antora Energy.

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