SmartAC.com came out of stealth mode Tuesday with a $10 million Series A round of funding and a heating, ventilation and air conditioning (HVAC) health platform powered by machine learning.
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The Houston-based company did not disclose investors.
SmartAC.com’s platform digitizes HVAC units so users can proactively monitor them, including receiving notifications of potential breakdowns before they occur.
“Our proactive approach offers homeowners the opportunity to save thousands in repairs and energy over the lifespan of their system,” Founder and CEO Josh Teekell said in a written statement. “None of us would own a car without a dashboard; we’re that dashboard for your AC.”
The SmartAC.com hardware setup was designed to take five minutes and includes magnetic sensors for do-it-yourself installation, the company said. The sensors are compatible with all HVAC equipment and thermostat manufacturers, as well as smart thermostats.
Daily system health checks are performed and analyze more than 50,000 temperature and airflow readings. By combining that data with machine learning, SmartAC.com said it can confidently predict when a problem might occur.
Photo courtesy of SmartAC.com
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