HomeBoost Raises $4M in Seed Funding

Funding Rounds

Summary

The company intends to use the funds to accelerate customer growth, technological development, and expand the team. Led by CEO Selina Tobaccowala, HomeBoost is a home energy platform providing partnership at every stage of the homeownership journey. Its initial product, BoostBox, is a DIY home energy assessment kit that gives homeowners the tools and personalized insights to improve their home energy efficiency, save money on utility bills, and live comfortably. The thermal camera helps HomeBoost determine where insulation can be improved, window drafts mitigated, and more, while the blacklight shows which incandescent light bulbs can be replaced with longer lasting LEDs. They can choose to focus on specific problem areas in 30 minutes or less or conduct a comprehensive scan of their entire home.

$ Funding

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Amount $4.0M Total raised
Date October 29, 2024 Announcement date
Investors - Lead investors
Company homeboost.ca Funded company

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