Thermal Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
1
- Investments
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31
- Portfolio
-
15
- Exits
-
18
Thermal General Information
Company Description
Founded in 2018, Thermal is a venture capital investment firm based in Santa Monica, California. The firm seeks to make minority investments in seed-stage, early-stage, and later-stage companies.
Business Details
Website
www.thermal.coYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- 1541 Ocean Avenue
- Suite 200
- Santa Monica, CA 90401
- United States
Thermal Investments (31)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Freyr Energy | 19-Dec-2023 | Later Stage VC | Alternative Energy Equipment | Generating Revenue | ||
| 4thMVMT | 09-Dec-2021 | Other Services (B2C Non-Financial) | Generating Revenue | |||
| Elemy | 15-Apr-2021 | Clinics/Outpatient Services | Generating Revenue | |||
| Wheels | 14-Apr-2020 | Automotive | Generating Revenue | |||
| Winc | 27-Mar-2020 | Beverages | Bankruptcy: Admin/Reorg | |||
| ClassPass | 08-Jan-2020 | Application Software | Generating Revenue | |||
| Daily Harvest | 23-Dec-2019 | Other Restaurants, Hotels and Leisure | Generating Revenue | |||
| Farmshelf | 02-Dec-2019 | Other Consumer Durables | Generating Revenue | |||
| Lowell Farms | 03-Oct-2019 | Early Stage VC | Other Consumer Non-Durables | Generating Revenue/Not Profitable | ||
| LeafLink | 06-Aug-2019 | Early Stage VC | Business/Productivity Software | Generating Revenue |
Thermal Exits (18)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Eversports | 06-Sep-2024 | Buyout/LBO | |
| Wheels | 18-Nov-2022 | ||
| CreateTribe | 11-Apr-2022 | ||
| Pandora CloudCover | 12-Jan-2022 | ||
| Winc | 11-Nov-2021 | ||
| ClassPass | 15-Oct-2021 | ||
| besito | 17-Jul-2021 | ||
| FIGS | 27-May-2021 | ||
| Bridg (Business/Productivity Software) | 05-May-2021 | Merger/Acquisition | |
| Lowell Farms | 05-Mar-2021 | Reverse Merger |
Thermal Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Thermal Co-Investors (16)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Felicis | 1 |
|
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| General Catalyst |
|
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| Lotus Capital |
|
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| Schneider Electric (Electrical Equipment) |
|
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| SignalFire |
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|
Thermal FAQs
-
What is Thermal?
Founded in 2018, Thermal is a venture capital investment firm based in Santa Monica, California.
-
When was Thermal founded?
Thermal was founded in 2018.
-
Where is Thermal headquartered?
Thermal is headquartered in Santa Monica, CA.
-
How many investments has Thermal made?
Thermal has made 31 investments.
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What has Thermal invested in?
Thermal has made numerous investments in companies like Freyr Energy, 4thMVMT, and Elemy within the Alternative Energy Equipment, Services (B2C Non-Financial), and Clinics/Outpatient Services industries.
-
What has Thermal invested in recently?
Thermal's latest investment was on 19-Dec-2023 in Freyr Energy, a company within the Alternative Energy Equipment industry.
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