Heatworks

Overview
Activities
News

Heatworks is a company that specializes in innovative water heating technology. At the core of its product line is the proprietary Ohmic Array Technology, which uses the natural conductivity of liquids to generate heat. This method applies a dynamically controlled electrical current through graphite electrodes, instantly increasing water temperature with precision and efficiency. The company's flagship product, the MODEL 3 smart home water heater, integrates this technology with IoT capabilities, allowing users to control and monitor their water and energy usage through a smartphone app. Heatworks claims this system can save users up to 40% on their home water heating bills. The company's vision extends beyond residential water heaters, aiming to incorporate its Ohmic Array Technology into various electric liquid heating devices, from coffee machines to desalination plants.

Key customers and partnerships

Heatworks has partnered with several technology firms to enhance its product offerings. In January 2017, the company collaborated with Xively to showcase its IoT water heater vision at the Consumer Electronics Show (CES) in Las Vegas. Additionally, Heatworks worked with frog, a global design and strategy firm, to develop its brand identity, product strategy, and hardware/software integration plan. This partnership resulted in the launch of the MODEL 3 smart home water heater in 2017, completed in just nine months. The collaboration with frog also led to the creation of the Tetra dishwasher, which was unveiled at CES 2019 and won the Most Innovative Design award. The Tetra dishwasher received recognition from Time Magazine and CNET.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Mount Pleasant, SC
Founded year:
2006
Employees:
1-10
IPO status:
Private
Total funding:
USD 10.3 mn
Last Funding:
USD 2.0 mn (Series Unknown; Oct 2017)
Last valuation:
-
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.