Tech Company Financing Transactions
Kelvin Funding Round
Kelvin, based in Brooklyn, raised $130.5 thousand from private investors.
Transaction Overview
Company Name
Announced On
3/25/2016
Transaction Type
Online Capital
Online Capital
Online Capital
Amount
$130,480
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. Transaction amount may include investment reservation only or amount actually remitted to company. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Brooklyn Navy Yard 63 Flushing Ave. Unit 286 702
Brooklyn, NY 11205
USA
Brooklyn, NY 11205
USA
Phone
Website
Email Address
Overview
Kelvin was founded in New York City in 2013 by Marshal Cox, a material science engineer with a Masters from Cornell University and a PhD in electrical engineering from Columbia University. The inspiration for the company came from Marshal's twin brother, who complained about the heat in his apartment while staying with him for a month. Marshal came up with a solution that eventually became the basis of Radiator Labs, the original name of the company. Unknowingly, from that day forward, he set out on a mission to decarbonize legacy building's heating and cooling systems.
Management Team
Title
Name
Email & Social
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