Locations
United States · Philadelphia, PA, USA · New Philadelphia, PA, USA
industry
Hardware · Real Estate
Size
1 - 10 employees
Stage
Series A
founded in
2016
Kapsul creates modular room HVAC products that optimize air-comfort along the dimensions of temperature, humidity, and air quality. They combine award winning design and best in market fit and finish with a novel device control scheme that virtualizes a whole-house HVAC system from modular devices. Kapsul launched its first product, a room air conditioner, in summer 2020 and sold out of inventory in three-months after taking over $3M in orders prior to launch. They are poised to 15X annual revenue based on waitlist, demand, and an increase in manufacturing capacity and credit. Kapsul has solved inventory finance with terms that leverage a 10% deposit into 90% carried for 120-days, effectively allowing repayment after the sale of finished goods.
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