BIV Session with Cala Systems

​Cala Systems does the core job of delivering hot water at low cost better than any other water heater. Moreover, it empowers homeowners to integrate water heating into their homes and personal priorities as never before, through capabilities like minimizing their greenhouse gas emissions via coordination with times of clean electricity on the grid, preheating water before potential power disruptions, synchronizing water heating with the output of the home's solar system, and more. The unit they have built saves 15-45% of energy against existing HPWHs, and is a blend of hardware, software and control innovation that is nothing less than beautiful. They shipped their first unit Sept. 19th, 12 units sold since with line of sight to 30 by the end of the month. $1m remiaing in the round. As of October 17th, nine (9) units are performing in the field. None of the units are providing cold water, which as Michael says is job #1.

​Michael Rigney is a repeat founder, co-founder and senior executive in start-ups ranging from initial concept to post-IPO. He's passionate about the energy sector and contributing to eliminating its greenhouse gas emissions, and believes start-ups are essential to achieving this goal. Michael's background includes time at EnerNOC, Gridco Systems, and Energy Savvy. Michael holds an MBA from Stanford and a B.E., B.A. from Dartmouth.