Heat pump startup Jetson lands $50 million investment

Jetson, a home electrification startup, on Tuesday announced that it’s secured a $50 million Series A funding round to expand across the U.S. 

What’s happening: Founded in 2024, the Vancouver-based company last year launched its flagship product, Jetson Air, a “smart, central heat pump system.”

• Jetson bills itself as a vertically integrated platform, “which combines direct-to-consumer pricing and purchasing, remote assessments, rebate management, and an in-house installation team,” according to a news release. 
• The company has partnered with an “undisclosed manufacturer” to produce its product, Canary Media reported in September 2025, and has installed over 1,000 systems across Colorado, Massachusetts, New York, and Vancouver. 

What they’re saying: “Heat pumps have worked for decades, but their cost and complexity have put them out of reach of most homeowners,” CEO Stephen Lake, who previously sold a smart-glasses company to Google, said in a statement. “We’re removing the friction by making the process digital, fast, and affordable, while fully managing the purchase from start to finish.”

Zoom in: The funds will also be invested in expanding its software platform, per the announcement, which enables “real-time monitoring, performance alerts, remote updates, and air-quality sensing.”

The big picture: The company has centered its business efforts around the 46 percent of U.S. and Canadian homes still relying on gas furnaces for primary heating, it said. 

Of note: The investment was led by venture firm Eclipse Capital, with participation from 8VC, Activate Capital, and existing investors. 

• “Jetson is delivering the future of residential electrification, starting with heat pumps,” said Ryan Gibson, an investor at Eclipse. “They’ve transformed a traditionally painful purchasing and installation cycle into a low-cost and delightful experience for homeowners.”