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Midwest HVAC News
SmartAC.com Exits Stealth
In Time For Summer with a DIY HVAC Monitoring Platform, Offering
Homeowners Convenience and Savings.
Powered by a $10M Series A, SmartAC.com is committed to
making AC ownership easier and more affordable.
SmartAC.com
officially launched out of stealth mode with $10 million in funding
for its air conditioning and heating (HVAC) health platform that
digitizes the experience of AC ownership, extends equipment life and
saves homeowners money. Powered by machine learning, the SmartAC.com
platform enables a proactive approach to HVAC monitoring, notifying
users of a potential breakdown before it occurs. SmartAC.com sensors
monitor temperatures, airflow, air filter life and drain lines to
ensure the health of critical HVAC components.
As summer months approach and people across the country shelter at
home, it is more important than ever for AC units to function
properly - especially where social distancing efforts make in-home
repairs increasingly difficult. To address this need, SmartAC.com is
launching at a discount with a membership fee of just $5 per month
and hardware bundles starting at $99. Membership includes a lifetime
warranty on the hardware, daily HVAC health checks, discounted air
filters, active water leak monitoring to enable home insurance
discounts, and live chat with HVAC technicians in the app. The
platform is available today at
SmartAC.com.
“Over 70 million homes have central air in the U.S., making indoor
comfort a regular way of life. People don’t often think about their
HVAC systems, taking it for granted, until the day the AC or heat
goes out. These systems require regular upkeep, and when they aren’t
maintained, costs can get out of hand. SmartAC.com’s offer is
simple; we care about your AC so you don’t have to,” said Josh
Teekell, CEO and founder of SmartAC.com. “Our proactive approach
offers homeowners the opportunity to save thousands in repairs and
energy over the lifespan of their system. None of us would own a car
without a dashboard; we’re that dashboard for your AC.
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The SmartAC.com
hardware setup takes just five minutes, with magnetic sensors
enabling a simple, first-of-its-kind DIY installation. The
sensors are compatible with all HVAC equipment and thermostat
manufacturers, including smart thermostats like Nest and Ecobee,
and enable professional monitoring and daily system health
checks with over 50,000 temperature and airflow readings. This
robust data set, when coupled with machine learning, enables
SmartAC.com to confidently alert users when problems occur and
also predict when the system is headed for a serious breakdown.
The company even offers a Comfort Guarantee in support of these
claims, granting users a year of free service if an unpredicted
breakdown occurs when the SmartAC.com platform is installed.
While empowering consumers is the company’s primary focus,
SmartAC.com is also partnering with HVAC service providers. One
of the company’s HVAC partners, David Lewis of Mission AC,
stated: "SmartAC.com is a total game-changer. Our clients love
the additional transparency and the technology allows us to
improve our service speed and quality because, for the first
time, we have real-time data on the systems we service.”
The SmartAC.com platform was thoughtfully designed by industry
experts to eliminate common HVAC issues. The system includes:
The Comfort Sensor, which monitors the temperature of the
air coming from your vents during each heating or cooling cycle
allowing performance to be compared to manufacturer’s specs.
The Filter Sensor,
which tracks the lifespan of your air filters by monitoring pressure
and airflow changes over time, alerting you when they need to be
changed. Forgetting to change your air filter is one of the most
common causes of failure and leads to increased energy consumption
and poor air quality.
The Water Sensor,
which guards against leaks and clogs in AC drain lines that can
cause major damage to the home. Additional water sensors can be
added if users wish to extend coverage to other home appliances.
The SmartAC.com Hub,
which sends the sensor data to the cloud so the SmartAC.com app
can deliver valuable intel and recommendations to help users reduce
their overall AC costs.
“The average AC
replacement cost is $7,500 - an expense that can be a huge burden on
homeowners. Caring for these assets is inconvenient and oftentimes
confusing, resulting in 80 percent of homeowners skipping the
recommended maintenance on their AC systems,” said Andrew Fuselier,
SmartAC.com’s COO. “It’s time to digitize the AC ownership
experience to solve a decades old problem. SmartAC.com was formed in
stealth mode with feedback from thousands of homeowners, so we’re
thrilled to finally show the world what we’ve built.”
Further proving the company's momentum, Zach Axelrod, formerly VP of
Corporate Strategy and Business Development at Arcadia, recently
joined the SmartAC.com team as Chief Business Development Officer.
Having helped grow Arcadia more than 30x in three and a half years,
from just a few customers to hundreds of thousands, while adding
several successful business lines, Zach sees the similarly huge
growth potential for the SmartAC.com platform. “The SmartAC.com
platform has the potential to revolutionize the HVAC industry with
its clear value and ease of use for homeowners and service
partners,” said Axelrod.
Pricing and Availability
The SmartAC.com HVAC health monitoring system is available for
purchase today at SmartAC.com. SmartAC.com has launched with a
discounted membership rate of $5 per month as well as discounted
hardware rate starting at $99. Membership includes a lifetime
warranty on the hardware, daily system health checks, discounted air
filters, active water leak monitoring to enable home insurance
discounts, and live chat with HVAC technicians in the app. The
company also offers air filter subscriptions, as well as annual AC
tune-ups in select markets through the SmartAC.com service network.
About SmartAC.com
SmartAC.com is on a mission to transform air conditioner and heating
(HVAC) ownership for homeowners by enabling customers to care for
their systems more easily and affordably. Created by industry
experts and powered by machine learning, the SmartAC.com platform is
designed to track daily AC system performance from all angles to
notify users of a potential issue or breakdown before it occurs. The
SmartAC.com platform, which includes the SmartAC Hub, three
universally compatible sensors, and the SmartAC.com app, enables
customers to understand and control the factors that can lead to
operational inefficiencies and premature AC system failure so they
are not caught off guard by unexpectedly high bills. To learn more,
visit SmartAC.com.
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