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— Jetson announced it has raised $50 million in Series A funding to expand its residential electrification business and accelerate the adoption of all-electric heat pump systems across new U.S. markets.
The funding round was led by Eclipse, with participation from 8VC, Activate Capital, and existing investors Garage Capital and Active Impact. According to the company, the capital will support entry into additional U.S. states, workforce growth, and continued development of its heat pump product pipeline.
Jetson’s business model centers on vertically integrated residential electrification, managing everything from remote home assessments and rebate processing to installation through in-house teams. The company says this approach reduces installation timelines and lowers heat pump upgrade costs by 30% to 50%.
“Jetson is delivering the future of residential electrification, starting with heat pumps. They’ve transformed a traditionally painful purchasing and installation cycle into a low-cost and delightful experience for homeowners,” said Ryan Gibson, investor at Eclipse. "This is all driven by a veteran technology team that has previously built extremely advanced hardware and software products, now going after transforming old-line industries."
Founded in 2024, Jetson focuses on replacing gas furnaces with all-electric heat pump systems. Its flagship product, Jetson Air, is a central heat pump designed to heat and cool homes using existing ductwork while embedding software for monitoring and system performance.
“Heat pumps have worked for decades, but their cost and complexity have put them out of reach of most homeowners,” said Stephen Lake, co-founder and CEO of Jetson. “We’re removing the friction by making the process digital, fast, and affordable, while fully managing the purchase from start to finish. This funding will help us quickly bring this experience to more homeowners across the U.S. and Canada.”
Jetson reports installing more than 1,000 systems to date and currently operates in Colorado, Massachusetts, New York, and Vancouver. The company plans to use the new funding to expand its footprint and continue developing intelligent home electrification solutions aimed at scaling residential heat pump adoption.











