Gradient Thermal

What Gradient Thermal does

Gradient Thermal Inc. is a privately held Canadian heating technology company founded in 2011 and headquartered in Calgary, Alberta. The company designs and manufactures high-performance condensing heating systems that combine a furnace, tankless water heater, and hydronic boiler into space-saving integrated units. Its core product line is the syncFURNACE platform, anchored by the 2-in-1 syncFURNACE TANKLESS (furnace plus tankless water heater, CSA P.9-11 certified at 0.95 EF water heating efficiency) and the 3-in-1 syncFURNACE BOILER (furnace, domestic hot water, and 150,000 BTU/hr dual-pass condensing boiler with a 10:1 turndown ratio). Supporting products include tFC residential and commercial hydronic fan coils (up to 6,000 CFM), the GCx wall-hung boiler with integrated pumps and controls, and a commercial Make-up Air Unit (MUA) for hallway, corridor, and stairwell pressurization applications. Technical differentiation rests on ASME-certified stainless steel condensing heat exchangers, multi-zone priority logic (up to four set points and three external pumps), and a closet-sized footprint replacing the typical 100+ sq ft mechanical room.

Gradient Thermal operates a wholesale-driven business model, selling exclusively through wholesale distributors to professional contractors and installers across British Columbia, Alberta, Saskatchewan, and Ontario. Pricing is not publicly disclosed and is negotiated through the channel. The company does not sell direct to consumers. Primary customer segments are residential homeowners and new home builders (who use syncFURNACE as a premium differentiator in new construction), with secondary segments in commercial buildings and hydronic system integrators. End-user value propositions include approximately 30% utility savings ($500-$900/year), 95% combined space and water heating efficiency, and future-compatibility with low-carbon technologies including hydrogen, geothermal, solar thermal, micro-CHP, and natural gas heat pumps. Revenue streams are entirely hardware sales; the company has no disclosed software, subscription, or service revenue lines. As of 2024, the company secured $1.9M in non-dilutive funding from Alberta Innovates, and in 2026 it received the Enmax Amplifier Fund Award from the Calgary Chamber of Commerce.

Name

Gradient Thermal

Legal name

Gradient Thermal Inc.

Website

https://gradientthermal.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Gradient Thermal Inc. is a Calgary-based privately held Canadian manufacturer of integrated high-efficiency condensing heating systems (syncFURNACE platform) that combine furnace, tankless water heating, and hydronic boiler functions into compact single units, sold through wholesale distributors to residential contractors, homebuilders, and select commercial customers across Western Canada and Ontario.

Ownership category

akta.pro rank

Product category

Residential and Commercial Heating Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro industry

PRIMARYIMAHAKAD

Boilers, Furnaces & Process Heating Equipment

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Refrigeration, HVAC & Thermal Equipment

SECONDARYIMADANAF

Heat Exchangers, Coils & Hydronic HVAC Components

Industrials, Manufacturing & Construction/Building Materials & Products/HVAC Components & Building Ventilation Products

SECONDARYIMAHAKAC

Heat Exchangers & Thermal Transfer Equipment

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Refrigeration, HVAC & Thermal Equipment

Keywords

• High-efficiency heating
• Combi furnace systems
• Condensing boiler technology
• Hydronic heating products
• Residential HVAC equipment

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations

Revenue model

1. Heating Equipment Sales: Gradient Thermal generates revenue through the sale of heating products including syncFURNACE TANKLESS, syncFURNACE BOILER, tFC fan coils, Make-up Air Units, and GCx boilers. Products are sold through wholesale distributors to contractors and installers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Gradient Thermal manufactures high-performance condensing heating equipment that integrates furnace, tankless water heating, and hydronic boiler functions into single space-saving units. Core products include the syncFURNACE TANKLESS (2-in-1 furnace + tankless water heater), syncFURNACE BOILER (3-in-1 furnace + domestic hot water + boiler for in-floor hydronic heating), tFC hydronic fan coils, commercial Make-up Air Units, and the GCx wall-hung boiler. Units are sold through wholesale distributors to professional contractors and installers across Western Canada.

Product overview

Gradient Thermal is a Canadian heating technology company offering a portfolio of high-performance heating products for residential and commercial applications. Their product lineup centers on the syncFURNACE platform, which combines furnace functionality with water heating in space-saving designs. The syncFURNACE TANKLESS is a 2-in-1 unit combining a furnace with tankless hot water heating, while the syncFURNACE BOILER extends this to a 3-in-1 solution adding hydronic heating capability for in-floor and radiator systems. Supporting these core products is the tFC (fan-coil) series available in both residential and commercial configurations, plus a Commercial Make-up Air Unit (MUA) for commercial HVAC applications. All products emphasize compact footprint (closet-sized vs. typical 100+ sq ft mechanical rooms), high turndown ratios (10:1), and compatibility with standard thermostats, air conditioners, humidifiers, and next-generation low-carbon technologies like geothermal and solar thermal.

Differentiator

Problem solved

Functional benefit

Brands

• syncFURNACE: Combined furnace and tankless water heater units (syncFURNACE TANKLESS) and combined furnace, water heater, and boiler units (syncFURNACE BOILER).
• tFC
• Make-up Air Unit (MUA)
• GCx

Products and services

• syncFURNACE TANKLESS A 2-in-1 combination unit integrating a furnace and tankless hot water heater in a single space-saving housing. Provides forced air heating and continuous hot water with 0.95 EF water heater efficiency and CSA P.9-11 Performance Certification. Targeted at residential homeowners and new home builders replacing separate furnace and water heater systems.
• syncFURNACE BOILER A 3-in-1 combination of a furnace, domestic hot water heater, and boiler capable of in-floor and other hydronic heating. Designed for new homes and retrofits with 150,000 BTU/hr max burner input, 10:1 turndown ratio, and five furnace sizes from 500 to 2,200 CFM. Targeted at residential new construction and retrofit projects requiring hydronic heating.
• tFC Fan Coils Custom-built residential and commercial hydronic fan coils available in four models (06H, 14L, 18L, 22L) with capacities up to 6,000 CFM, featuring variable-speed blowers and energy-efficient operation. Targeted at hydronic system integrators and residential HVAC additions.
• Make-up Air Unit (MUA) A commercial-grade hydronic fan-coil product designed for conditioning make-up air in commercial buildings including hallways, corridors, emergency stairwell pressurization, apartment buildings, multi-family, and hotel applications. Features include +100 degree F delta T air-side capability, double wall insulated construction, and modular sections for simplified installation. Targeted at commercial HVAC projects with large outdoor air requirements.
• GCx Boiler An efficient and dependable wall-hung boiler with integrated pumps and controls for hydronic heating applications, requiring no floor space. Targeted at hydronic heating installations in residential and commercial settings.

Quantifiable outcome

• 30% energy savings ($500-$900 per year) compared to traditional heating systems
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Calgary Chamber of CommerceminorStrategic or Co-development Partner · 23 April 2026Gradient Thermal was awarded the 2026 Enmax Amplifier Fund by the Calgary Chamber of Commerce, recognizing the company's innovation in heating technology.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Navien: Navien is a leading manufacturer of high-efficiency condensing combi boilers and tankless water heaters. Directly comparable to Gradient's syncFURNACE TANKLESS and syncFURNACE BOILER as both offer integrated space heating + domestic hot water in a single unit for residential applications.
• IBC Technologies: Canadian-based boiler manufacturer specializing in high-efficiency condensing boilers for hydronic heating. Directly comparable as a domestic peer offering wall-hung condensing boilers (similar to Gradient's GCx) for the Canadian residential and light commercial hydronic market.
• HTP (Heat Transfer Products): Manufacturer of high-efficiency condensing boilers, combi units, and indirect-fired water heaters. Directly comparable to Gradient's integrated heating approach, particularly the combination of space heating and domestic hot water functionality in single units.
• Rinnai: Global manufacturer of tankless water heaters and condensing combination boilers. Directly comparable to Gradient's syncFURNACE TANKLESS product and overlapping in the tankless + space heating combi category.
• Triangle Tube: Manufacturer of high-efficiency condensing boilers and indirect-fired water heaters for residential hydronic heating. Comparable to Gradient's GCx boiler and syncFURNACE BOILER hydronic heating segments with similar end customers (hydronic system integrators and builders).
• Weil-McLain: Established manufacturer of hydronic heating boilers for residential and light commercial applications, including high-efficiency condensing boilers. Comparable to Gradient's GCx and the boiler portion of syncFURNACE BOILER for hydronic heating contractors.

Broad incumbents

• Viessmann: German-headquartered global manufacturer of heating, industrial, and refrigeration systems including condensing boilers, combi units, and heat pumps. A broader incumbent with overlapping product lines (wall-hung boilers, combi systems) but a much wider portfolio including renewable heating technologies.
• Bosch Thermotechnology: Global manufacturer of heating and hot water solutions including combi boilers, gas furnaces, and tankless water heaters. Overlaps with Gradient's integrated product positioning but operates as part of a much larger diversified HVAC and appliance portfolio.
• Lennox International: Major HVAC manufacturer with broad residential and commercial furnace, boiler, and air handling product lines. Competitor in the warm air furnace and integrated HVAC categories but operates a much larger portfolio across cooling and commercial refrigeration as well.

Regional players

• Navien Canada (regional operations): Navien's Canadian distribution and product line focuses on the same Western Canadian residential combi boiler market Gradient serves. Directly competitive in BC, AB, SK, and ON via plumbing wholesalers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/gradientthermal
• Facebookfacebook.com/gradientthermal
• LinkedInlinkedin.com/company/gradient-thermal-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gradient Thermal