How Quilt is Building the Smartest Way to Heat and Cool Your Home

Quilt, the world’s most intuitive, advanced, and efficient ductless heat pump on the market, led by Paul Lambert, Matthew Knoll, and Bill Kee, has secured a $20M Series B round from  Energy Impact Partners, Galvanize, Lowercarbon Capital, Gradient Ventures, Alumni Ventures, Incite Ventures, and others. The company is welcoming Tom vonReichbauer(former CFO of Nest, Sunrun, and ICON) and Veery Maxwell (co-head of Galvanize Climate’s Innovation + Expansion fund) to the board of directors.

The energy transition can feel distant, but it’s unfolding in homes and communities today. Take June, a retiree who installed Quilt in her manufactured home to move off gas and gain precise comfort in every room; her story has inspired the entire Quilt team. Or the Wilsons in Nova Scotia, a 106-year-old family business that evolved from selling coal to installing Quilt heat pumps. These are the real faces of the transition, happening one home at a time.

Quilt Certified Partners are more than installers, they’re educators and community builders driving the clean energy transition, one home at a time. From a handful to 60+ partners across 16 states and 5 provinces, this network forms the backbone of Quilt’s work.

Canada’s economy has long been tied to fossil fuels, and even hockey teams reflect it. The next era of human progress will be defined by the energy transition. Quilt’s approach of creating better products that people love is accelerating this shift, with the recent Canada launch marking a major step in bringing clean, efficient energy solutions to homes.

Quilt’s adoption reflects more than environmental choice, it delivers tangible benefits to homeowners. Energy efficiency drives lower bills and year-round comfort. Featuring top SEER2 and HSPF2 ratings, Auto-Away, real-time usage tracking, and over-the-air updates, Quilt’s heat pumps are:

• 20% more efficient than the next-best ductless options

• 80% more efficient at cooling than typical North American homes

• 400% more efficient at heating than typical North American homes

Expansion spans 16 states and 5 provinces, with nearly 1,000 units installed and growing, demonstrating that the energy transition is actively accelerating.

The new funding accelerates growth, product development, and overall impact:

• Homeowners: Shorter wait times, expanded service areas, and faster rollout of requested features

• Partners: Greater support, more qualified leads, and enhanced tools to serve communities

• Everyone: Contribution to a movement actively reducing emissions across North America

Hundreds of homes have already transitioned off fossil fuels. The movement multiplies as users share their experiences, advancing the energy transition one installation at a time.