Reservoir
Boston, United States
◆ Total Raised
$8M
◆ Stage
seed
◆ Location
Boston, United States
◆ Founded
2024
◆ Team size
1-10
◆ Links
◆ About Reservoir
Boston-based startup developing smart heat pump water heaters that use predictive technology to reduce energy consumption and prevent household water damage.
◆ What sets it apart
Combines a heat pump water heater with predictive software and integrated installation/service to reduce energy use, prevent leaks, and improve shower comfort.
◆ Sectors
◆ Business
Modelhardware
CustomerHomeowners, initially in the Boston metro area and parts of Massachusetts, New Hampshire, and Maine
◆ Notable
- Launched in 2024 and began installations in late 2025
- Fully certified and shipping in the Boston metro area
- Raised an $8M seed round in 2026 led by Asymmetric Capital Partners with participation from Founder Collective and MCJ
- Installed about 100 systems by August 2026
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Reservoir do?
Boston-based startup developing smart heat pump water heaters that use predictive technology to reduce energy consumption and prevent household water damage.
Where is Reservoir based?
Reservoir is based in Boston, United States, founded in 2024.
How much has Reservoir raised?
Reservoir has raised $8M in tracked funding and is currently at the seed stage.
Who has invested in Reservoir?
Investors in Reservoir include Asymmetric Capital Partners, Founder Collective and MCJ.