October 31, 2014
Ryan Fant, Nayeem Hussain, and Will McLeod saw an opportunity to get into the connected home market, and they’ve been actively building a company in Keen Home to adequately tackle the challenge. Keen Home not only wants to provide benefits for the inhabitants of the home, but they also want to do it in an environmentally sound way.
To that end they create intelligent hardware and software solutions to improve the core functions of a home. And the first product the team is building, The Keen Home Smart Vent, is a wirelessly networked home air vent that enhances the efficiency of the central HVAC airflow.
“For most people, maintaining and affording a home is their biggest source of worry,” says Hussain. “Our goal at Keen Home is to help your home take care of you—not the other way around.”
This week the team announced that Keen home has successfully closed a seed funding round that will go towards bringing the Smart Vent to market. In total, Keen Home secured $1.52 million from RMR Capital, participants from R/GA Ventures, Bullet Time Ventures, NYU Innovation Venture Fund, Rugged Ventures, Galvanize Ventures, Brand Foundry Ventures, American Family Ventures, and Comporium Inc.
“Keen Home strategically anticipated consumer interest in the connected home and created a well-designed product that provides a subtle, seamlessly integrated utility,” says Stephen Plumlee, Global Chief Operating Officer, R/GA Ventures. “We see the Smart Vent as the launch pad for a suite of products and services that will inspire and excite consumers with convenient ways to reduce energy consumption and monitor their homes.”
According to the team, the Smart Vent is just the beginning. They plan to develop devices that will “wake up” traditionally sleepy devices around the house by combining new technologies with a keen design aesthetic. They’ve already forged partnerships with Lowe’s Home Improvement Centers, SmartThings, and Wink, and they’re planning to ship the first Smart Vents in Spring 2015.
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