Jetson, a home electrification company, has closed $50M in Series A funding to speed up the adoption of all-electric heat pump systems across the United States. Eclipse led the round, joined by 8VC, Activate Capital, and existing backers Garage Capital and Active Impact. The capital will support Jetson's geographic expansion and strengthen its end-to-end platform that makes switching to electric heating faster and more affordable for homeowners.
The investment comes as the company prepares to enter additional U.S. states and scale its workforce to meet growing demand for residential electrification solutions.
Founded in 2024, Jetson deliberately focused its initial product strategy on all-electric heat pump systems designed to replace gas furnaces, which represent one of the biggest contributors to household emissions. Nearly half of all homes in the U.S. and Canada still rely on gas furnaces for primary heating, creating a massive opportunity to reduce residential carbon footprints.
Late last year, Jetson launched Jetson Air, its flagship smart central heat pump system. The product heats and cools entire homes through existing ductwork, eliminating the need for costly infrastructure changes. Unlike traditional residential systems that have barely evolved in decades, Jetson Air integrates smart technology and software for real-time monitoring, performance alerts, remote updates, and air quality sensing.
"Heat pumps have worked for decades, but their cost and complexity have put them out of reach of most homeowners," said Stephen Lake, co-founder and CEO of Jetson. "We're removing the friction by making the process digital, fast, and affordable, while fully managing the purchase from start to finish. This funding will help us quickly bring this experience to more homeowners across the U.S. and Canada."
The new capital will fuel several growth initiatives. Jetson plans to accelerate deployment of Jetson Air while advancing its broader product roadmap, which includes additional intelligent home solutions designed to make all-electric living more practical and accessible. The company is also preparing to launch operations in new states beyond its current markets.
A significant portion of the funding will go toward workforce expansion as Jetson scales its in-house installation teams and continues building out its technology platform.
Before launching Jetson, Lake and his co-founders Aaron Grant and Matthew Bailey built North, a company that designed and manufactured augmented reality smart glasses. Google acquired North, but the experience left a lasting impression on how the trio approaches product development.
Building AR glasses required simultaneous mastery of hardware, software, manufacturing, and customer experience. The team handled everything in-house, with every decision anchored to what would work best for the end user. It was complex, demanding work that taught them how to build vertically integrated products at scale.
After the acquisition, Lake started thinking about where to apply those same principles next. Climate technology emerged as the clear answer, especially electric home heating and cooling. The impact would be immediate, and unlike cutting-edge consumer hardware that requires years of R&D breakthroughs, the underlying heat pump technology already worked. The barriers weren't technical but practical: cost was too high, coordination was too complicated, and the process wasn't designed for regular homeowners.
Heat pumps represented one of the fastest ways to cut residential emissions, yet adoption remained stubbornly low. Lake saw an opportunity to take the North playbook, tight integration, thoughtful design, relentless focus on the user, and apply it to make electrification accessible. That thinking became Jetson.
What sets Jetson apart is its vertically integrated approach. The company manages the entire electrification process, from initial assessment through installation and ongoing support. This model combines direct-to-consumer pricing, remote assessments, rebate management, and professional installation to simplify what has traditionally been a complicated, expensive home upgrade.
By controlling the full customer experience, Jetson has reduced electrification costs by 30% to 50% compared to traditional HVAC contractors. The company has already installed over 1,000 systems and earned recognition on the TIME 2025 Best Inventions list. Homeowners in Colorado, Massachusetts, New York, and Vancouver have made the switch through Jetson's platform.
Most residential heating systems today offer little visibility into performance or efficiency. Jetson embeds software directly into its hardware, creating systems that are smarter, more responsive, and easier to maintain over time. This technology foundation positions the company to expand beyond heat pumps into a broader suite of connected home energy products.
Eclipse's investment reflects confidence in Jetson's ability to modernize an industry that has seen limited innovation. Ryan Gibson, Investor at Eclipse, highlighted the team's background in building sophisticated hardware and software products.
"Jetson is delivering the future of residential electrification, starting with heat pumps. They've transformed a traditionally painful purchasing and installation cycle into a low-cost and delightful experience for homeowners," said Gibson. "This is all driven by a veteran technology team that has previously built extremely advanced hardware and software products, now going after transforming old-line industries."
The Series A builds on earlier support from Garage Capital and Active Impact, who continue to back the company's mission to help millions of households cut emissions, lower energy bills, and improve indoor air quality.
