🚀 Heizma raised €2.5M - did we fail bootstrapping?
Heizma was born in December 2023 with one bold mission: transform the renewable energy landscape for private homes in Austria. Just over a year later, we’re leading the charge — all bootstrapped, with zero external funding until now.
Why bootstrap? Simple: We wanted to build real value from the start.
When Michael Kowatschew, Alexander V., and I teamed up, we had one non-negotiable requirement: create a business that generated real revenue by solving real problems.
That meant our customers became our investors.
No customer value = no revenue
No revenue = no growth.
Period.
This focus on delivering value led us to do only the right things, and cut out the rest. Here’s the result:
- 500+ heat pumps sold
- 70+ strong team
- 4 local installation units covering 80% of Austria
But here’s the reality: Bootstrapping from 0 to 1 was possible at speed, but as we expanded from just heat pumps to full electrification solutions, we hit growth limitations. Bootstrapping got us here—but it’s time to scale.
So we raised €2.5M in an oversubscribed round—just 2 weeks from start to finish. 🏁
But we’re not just welcoming capital. We’re inviting partners who think like us, share our vision, and will help us elevate Heizma to the next level.
A huge thanks to all the incredible investors backing us! 🙌
Bernhard Niesner, Felix Porsche, Daniel W. Dippold, Ignaz Forstmeier, Hanno Lippitsch, Flyer One Ventures & Vital Laptenok, Christopher Zemina, Fiona Macintyre, Henrik Piroth, Karl Josef Seilern & Angel Invest, Laura Warnier and other outstanding entrepreneurs from across Europe.
What’s next?
We’re reinventing the energy bill. Instead of paying thousands upfront for installations and receiving a separate bill for electricity, we’re offering one monthly fee for everything—saving customers money from day one. 💸
Say goodbye to complex bills, and hello to a single, affordable electricity + warmth bill. And all while reducing our carbon footprint 🌍.
We're expanding across 100% of Austria, investing in our tech stack, and rolling out flexible financing solutions to make the transition to renewables easier for homeowners everywhere.
A huge shout-out to our amazing team, our loyal customers, and of course, my co-founders, Alexander V. and Michael Kowatschew. ❤️
The energy transition starts at home, and we’re just getting started. 💡
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