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§ Private Profile · Redwood City, CA, USA
Tech-enabled HVAC contractor providing residential heat pump installation, repair, and service, focused on lowering costs.
Electric Air has raised $500K across 1 funding round.
Key people at Electric Air.
Electric Air was founded in 2023 by Chris Mui (Founder) and Jeremy Osborne (Founder).
Electric Air has raised $500K in total across 1 funding round.
Based in Redwood City, California, Electric Air is a technology-enabled heating, ventilation, and air conditioning contractor specializing in residential heat pump installations, repairs, and maintenance services. The venture-backed startup operates as a licensed contractor that leverages proprietary software to streamline the customer buying process and reduce heat pump installation costs by 60 percent compared to traditional methods. The enterprise targets a $53 billion annual domestic market opportunity by providing energy-efficient heating and cooling infrastructure for American residential properties. Operating with a current headcount of 18 employees, the firm maintains an active California state contractor license and holds a top rating on the home service platform Angie's List. Backed by the prominent startup accelerator Y Combinator as part of its Summer 2023 batch, Electric Air was founded in 2023 by Jeremy Osborne and Chris Mui.
Electric Air has raised $500K across 1 funding round. Most recently, it raised $500K Seed in April 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2023 | $500K Seed | — | Y Combinator | Announced |
Key people at Electric Air.
Electric Air was founded in 2023 by Chris Mui (Founder) and Jeremy Osborne (Founder).
Electric Air has raised $500K in total across 1 funding round.
Electric Air's investors include Y Combinator.
Electric Air is a tech-enabled HVAC contractor and venture-backed startup focused on making heat pump buying and installation significantly more affordable and accessible, cutting costs by up to 60% compared to traditional methods. Their product is a modern, efficient heat pump system that provides both heating and cooling for residential homes, replacing gas furnaces and air conditioners with a single all-electric system. They serve homeowners seeking cleaner, cost-effective home climate control solutions, simplifying the process with fast online estimates, streamlined permitting, and installation by trained technicians. Their approach addresses the high installation costs and complexity that have historically limited heat pump adoption in the U.S., enabling broader electrification of home heating and cooling with improved comfort and environmental benefits[1][2][3].
Founded by engineers and entrepreneurs with backgrounds at Tesla, SpaceX, and Blue Origin, Electric Air’s leadership includes Jeremy, a renewable energy engineer and two-time Y Combinator founder, and Chris, an aerospace engineer turned HVAC expert. The idea emerged from their deep experience in heat pump technology and residential electrification, recognizing the need to reduce installation costs and complexity to accelerate adoption. Early traction includes successful venture backing, a growing customer base in the SF Bay Area, and a tech-driven installation process that leverages prefabrication and non-specialized labor to reduce time and cost on site[1][3].
Electric Air rides the accelerating trend of residential electrification and decarbonization, driven by climate goals and rising energy costs. Heat pumps are recognized as the most efficient way to heat and cool homes, replacing fossil fuel-based systems with clean electricity. The timing is critical as government incentives, financing options, and growing consumer awareness converge to make heat pumps more affordable and attractive. Electric Air’s tech-enabled, cost-cutting approach addresses key market barriers—high installation costs and complexity—thus enabling faster adoption at scale. Their work supports the broader ecosystem by demonstrating how technology and process innovation can transform traditional trades and accelerate the clean energy transition[1][2][3].
Electric Air is well-positioned to expand beyond its initial markets by scaling its tech-enabled installation model and leveraging financing and incentive programs. Future trends shaping their journey include increasing regulatory pressure to phase out gas heating, advances in heat pump technology (e.g., improved cold climate performance), and growing consumer demand for sustainable home solutions. As they grow, Electric Air could influence the HVAC industry by setting new standards for affordability, quality, and customer experience in heat pump deployment, potentially becoming a key player in the nationwide push for residential electrification and carbon reduction.
Their mission to make heat pumps the standard for modern, sustainable living ties directly to the urgent need for clean energy solutions, promising both environmental impact and strong market growth potential[1][2][3].
