Acquisition will result in technology to push geothermal industry towards critical mass
March 6, 2018 New York, New York and Elkton, South Dakota – Dandelion, a geothermal startup that recently graduated X, the research and development lab at Google’s parent company Alphabet, announced today that it has acquired Geo-Connections, the geothermal industry’s leading software as a service (SaaS) company. Over the years, their products have been used to design tens of thousands of geothermal systems across the country. As a result, this acquisition positions Dandelion to strengthen its role as a leader in residential geothermal.
Geo-Connections’ Proven Tools
Through this acquisition, Dandelion expands its suite of software tools for geothermal HVAC installers. In particular, these tools will help deliver affordable, high-quality, standardized geothermal systems to homeowners at scale. For example, Geo-Connections’ three main products—LoopLink RLC, LoopLink PRO, and LoopLink GSE —allow installers to properly configure ground loops, the underground portion of a geothermal installation.
“At Dandelion, we are committed to growing the number of home geothermal installations by making geothermal affordable,” said James Quazi, Dandelion Co-founder and Chief Technology Officer. “Consequently, enabling our installation partners to design high-quality systems quickly is critical to this mission and Geo-Connections has developed the most advanced tools for this.”
A Shared Mission for Growth
“We are absolutely thrilled to join forces with Dandelion,” said Ryan Carda, Co-Founder & President of Geo-Connections. “Ultimately, this partnership represents a huge step toward our shared goal of widespread growth and adoption of geothermal technology.”
Going forward, Geo-Connections’ management will take key roles on Dandelion’s technology team. Ryan Carda, who also chairs the Standards Committee for the International Geothermal Source Heat Pump Association (IGSHPA), will serve as Principal Engineer for Dandelion. In this role, he will focus on standardization and automation of the system engineering process. At the same time, Doug Carruthers, Lead Software Engineer for Geo-Connections, will join Dandelion in the same role. He will lead the development of new software tools that will streamline geothermal system design.
In the near term, Dandelion will continue to support all existing Geo-Connections products. However, financial terms of the transaction are not disclosed.
About Dandelion
Dandelion’s goal is to facilitate the widespread adoption of geothermal. The company offers homeowners affordable geothermal heating & cooling systems as an alternative to gas, oil, propane or electric heating. Originally, Dandelion began at Google parent company Alphabet’s X lab before launching as an independent company in New York City in May 2017. Today, it operates out of New York City. To learn more, visit us at www.dandelionenergy.com.
About Geo-Connections
Geo-Connections is the geothermal industry’s leading software as a service (SaaS) company. Importantly, the team includes mechanical engineers with over 75 years of combined industry experience. They develop industry-leading software and provide training resources to increase the knowledge, productivity, and profitability of the geothermal industry.
Media Contact:
Katie Ullmann
Director of Communications
e: Katie@dandelionenergy.com