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Jetson Home Inc.: Revolutionizing Heat Pump Installation

Former wearable tech entrepreneur Stephen Lake launches Jetson Home Inc., a vertically integrated heat pump installation company aiming to accelerate climate action by making heat pumps more accessible and affordable.

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Canada

TechnologyArtificial IntelligenceSustainabilityInnovationClean EnergyClimate Tech

Jetson Home Inc.Thalmic LabsNorth Inc.GoogleAlphabet Inc.Creative Destruction LabCanadian Climate InstituteCarrierTraneActive Impact InvestmentsBridgit Inc.

Stephen LakeAaron GrantMatthew BaileyKate HarlandMike WinterfieldLauren LakeChris Efstathiou Jr.Mike GalbraithDan DebowMarc Benioff

What are some of the challenges that Jetson Home Inc. faces?: The company is tackling challenges in recruiting experienced installers, navigating potential trade policy issues, and establishing brand recognition to compete with established HVAC companies. They are still developing key offerings like warranties and financing options.
What is Stephen Lake's background prior to founding Jetson Home Inc.?: Stephen Lake, CEO of Jetson Home Inc., previously co-founded Thalmic Labs (later North Inc.), a successful wearable technology startup that was eventually acquired by Google. After leaving Google, he shifted his focus to tackling climate change.
Describe Jetson Home Inc.'s unique approach to heat pump installation.: Jetson's innovative approach involves direct sourcing of heat pumps from Asian manufacturers, incorporating connected fittings for easier installation, and creating software to automate back-office tasks. This vertical integration allows them to control costs and offer competitive pricing.
What is Jetson Home Inc.'s main goal, and how does it aim to achieve it?: Jetson Home Inc. aims to make heat pump installation easier and more affordable, thereby increasing adoption. They achieve this through vertical integration, streamlining the supply chain, and developing efficient installation processes.
How did investors initially react to Jetson Home Inc.'s idea, and why did their perspective change?: While initially met with skepticism from investors due to its complexity and deviation from typical tech ventures, Jetson's unique business model has attracted significant funding, driven by Lake's reputation and the compelling opportunity to address climate change through heat pump adoption.

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