MyHEAT

Overview
Smart Building Technology?
Product stageSegments
Seed
?
Energy management
?

MyHEAT is a company that provides energy maps and interactive tools to utility companies and their customers to improve building efficiency and reduce energy consumption. It utilizes high-resolution thermal infrared (TIR) imagery, powerful Geographic Object-Based Image Analysis (GEOBIA), and machine learning techniques to detect, map, and monitor invisible energy waste in residential, municipal, commercial, and industrial buildings.

By capturing aerial TIR data using advanced sensors, MyHEAT generates heat loss maps and ratings that highlight areas of significant heat loss in individual homes. This data enables utility companies to devise targeted customer-centric energy-saving offerings and encourage behavioral change. MyHEAT's platform delivers personalized heat loss maps, guidance on heat loss causes, relevant program information, and a 1-10 heat rating for easy comparison.

The company's proven solution has driven impressive results for its clients, including up to 7x increase in marketing response, 2.4x reduction in energy use, and 30% increase in heat pump rentals. Its unique approach has been recognized for excellence in using thermal imagery as a powerful behavioral nudge, proving to be twice as effective as traditional Home Energy Reports.

In December 2021, MyHEAT provided its heat loss mapping services to a leading energy provider in New York and Massachusetts, helping them design and market a new weatherization program to address forecasted demand-supply gaps and meet regulatory requirements for energy efficiency.

Key customers and partnerships

MyHEAT partners with leading utility companies and governments across the US and Canada. One of its notable partnerships is with Saint John Energy in New Brunswick, where it helped launch the Home Heat Saver program in 2020. This program, a first for Atlantic Canada, enabled Saint John residents to view thermal images of their rooftops and identify areas of heat loss, with the goal of encouraging energy efficiency upgrades and reducing greenhouse gas emissions.

MyHEAT has also collaborated with the City of Edmonton, supporting its solar rebate program by providing Solar Maps that quickly educate building occupants and provide detailed solar potential estimates. In Saskatoon, the company's Solar Maps helped bust solar myths by driving nearly 5,000 web visits in just 30 days, showcasing the city as one of Canada's sunniest.


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:
201 — 1228 Kensington Rd NW Calgary AB CAN
Founded year:
2014
Employees:
11-50
IPO status:
Private
Total funding:
USD 2.4 mn
Last Funding:
USD 1.7 mn (Grant; Mar 2022)
Last valuation:
-
Key competitors
 
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