Merino energy Overview

  • Year Founded
  • 2024

Year Founded

  • Status
  • Private

  • Employees
  • 3

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $1.77M

  • Investors
  • 6

Merino energy General Information

Description

Developer of modular heat pump systems intended for residential heating and cooling in retrofit homes. The company offers compact electric heat pump units, installation support, and a design centered on simplified setup, lower installation time, and reduced hardware complexity, enabling homeowners and HVAC installers to replace fossil fuel heating systems with electric equipment that can be deployed in smaller living spaces and older buildings.

Contact Information

Website
www.merinoenergy.com
Formerly Known As
Velma
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • San Francisco, CA
  • United States
Primary Industry
Alternative Energy Equipment
Other Industries
Household Appliances
Corporate Office
  • San Francisco, CA
  • United States

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Merino energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Seed Round 11-Jul-2025 $1.77M Completed Generating Revenue
To view Merino energy’s complete valuation and funding history, request access »

Merino energy Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Merino energy Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Climate Capital Venture Capital Minority
Dangerous Ventures Venture Capital Minority
Marble (Capital Markets/Institutions) Venture Capital Minority
Onto Ventures Venture Capital Minority
SBXi Venture Capital Minority
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Merino energy FAQs

  • When was Merino energy founded?

    Merino energy was founded in 2024.

  • Where is Merino energy headquartered?

    Merino energy is headquartered in San Francisco, CA.

  • What is the size of Merino energy?

    Merino energy has 3 total employees.

  • What industry is Merino energy in?

    Merino energy’s primary industry is Alternative Energy Equipment.

  • Is Merino energy a private or public company?

    Merino energy is a Private company.

  • What is Merino energy’s current revenue?

    The current revenue for Merino energy is .

  • How much funding has Merino energy raised over time?

    Merino energy has raised $1.77M.

  • Who are Merino energy’s investors?

    Climate Capital, Dangerous Ventures, Marble (Capital Markets/Institutions), Onto Ventures, and SBXi are 5 of 6 investors who have invested in Merino energy.

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