Cala Systems

Somerville, MA · Founded 2020 · Privately Held (backing)

Developer of an energy technology intended to electrify residential heating, cooling, and domestic hot water. Cala Systems is based in Somerville, MA and was founded in 2020. It was valued at $29.2 million at its seed round in Feb 2026, the last priced event on record. It has raised $15.6 million across 2 recorded rounds; the latest was an $8.1 million early-stage round in May 2025.

PMV mark · valuation
$29.2M
Oct 2026
Priced at
its seed round
Feb 2026
Total raised
$15.6M
Last round
Early Stage VC
May 2025

Cala Systems key facts

as of Oct 2026
  • Developer of an energy technology intended to electrify residential heating, cooling, and domestic hot water.
  • Cala Systems is valued at approximately $29.2M as of Oct 2026, set at its seed round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $15.6M across 2 recorded rounds; the latest was Early Stage VC ($8.1M) in May 2025.
  • Notable investors include Impact Assets, Climate Capital, Greentown Labs, Collaborative Fund, Third Derivative — 16 tracked in total.
  • Cala Systems has filed 2 Form Ds with the SEC since 2024, most recently Jun 2025 ($4.8M sold to 18 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$29.2M

Valued at $29.2M at its seed round, Feb 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Cala Systems funding rounds

2 rounds
May 2025Early Stage VC$8.1MSEC filing▮
Oct 2024Seed Round$1.9MSEC filing▮

Cala Systems leadership

Cala Systems valuation

Cala Systems was valued at $29.2 million at its seed round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Cala Systems raised?

Cala Systems has raised $15.6 million in total; 2 of its rounds are on record. The largest on record was an $8.1 million early-stage round in May 2025.

Cala Systems has filed 2 Form Ds with the SEC since 2024, most recently in Jun 2025 ($4.8 million sold to 18 investors).

Cala Systems investors

16 investors are on record for Cala Systems, including Impact Assets, Climate Capital, Greentown Labs and Collaborative Fund. The early-stage round in May 2025 drew 41 investors.

Who runs Cala Systems

4 people are listed on the Cala Systems team: 1 executive and 3 board members, including Michael Rigney (Chief Executive Officer). 4 of them have a verified direct contact on file.

About Cala Systems

Developer of an energy technology intended to electrify residential heating, cooling, and domestic hot water. The company provides services by maximizing performance and allowing for better integration with intermittent renewables and other distributed energy resources, enabling residents to efficiently and cost-effectively electrify their homes.

Sector
Consumer Products and Services (B2C)
HQ
Somerville, MA, United States
Founded
2020
Employees
22
Ownership
Privately Held (backing)

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