GlacierGrid

GlacierGrid, formerly known as Therma°, operates as a cooling intelligence platform provider with a focus on mitigating climate change. The company's history traces back to CoInspect, founded in 2014 by Manik Suri and Aaron Cohen to streamline safety and compliance workflows in the food industry. Observing clients manually checking temperatures, the founders identified an opportunity to automate refrigeration monitoring. This led to the creation of Therma° in 2019 and a subsequent rebrand to GlacierGrid in February 2024 to better reflect its emphasis on energy management.

The company's core offering is its Cooling Intelligence Platform, which utilizes Internet of Things (IoT) sensors, artificial intelligence, and equipment controls. The proprietary LoRaWAN® sensors are designed to reliably transmit data from inside refrigeration units, overcoming signal penetration issues common with Wi-Fi or Bluetooth. This system provides 24/7 remote temperature and humidity monitoring, sending alerts to prevent inventory loss from equipment failure or power outages. Beyond monitoring, the platform analyzes data to optimize energy consumption, reduce equipment downtime, and shift electricity usage to off-peak hours. This transforms refrigeration and HVAC systems into 'virtual power plants' that can help stabilize the electric grid.

GlacierGrid serves clients across the restaurant, hospitality, food manufacturing, and retail sectors, including major brands like McDonald's, Marriott Hotels, and 7-Eleven. The business model is a hardware-enabled SaaS subscription, with pricing based on the number of locations and refrigeration units monitored. Founder and CEO Manik Suri's background in law, public policy, and technology, including roles at the White House National Economic Council and co-founding the GovLab at NYU, underpins the company's mission to drive social change through technological solutions. The firm has raised significant capital to expand its operations, including a $19 million Series A funding round led by Zero Infinity Partners.

Keywords: cooling intelligence, refrigeration monitoring, IoT sensors, energy management, food waste reduction, cold chain, HVAC optimization, predictive maintenance, virtual power plant, LoRaWAN