Gradient Thermal
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.
- Company typePrivate
- Founded2011
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Gradient Thermal firmographics
Firmographics- 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
Gradient Thermal industry classification
Industry- 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 primary industry
- Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)
- akta.pro secondary industries
- Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)
Keywords
Where Gradient Thermal is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Gradient Thermal business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations
Revenue model
- 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
Gradient Thermal product offering
Product offeringCore 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
Companies that use Gradient Thermal
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Gradient Thermal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Gradient Thermal partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Calgary Chamber of CommerceminorGradient 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
Gradient Thermal competitors and assessment
Company assessmentDirect 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
Gradient Thermal social profiles
Digital presenceGradient Thermal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gradient Thermal leadership team
Management profileNumber of profiles
Gradient Thermal funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gradient Thermal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gradient Thermal
What does Gradient Thermal do?
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.
Is Gradient Thermal a public or private company?
Gradient Thermal is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Gradient Thermal founded?
Gradient Thermal was founded in 2011. It employs 11 to 50 people.
Where is Gradient Thermal based?
Gradient Thermal is headquartered in Calgary, Canada, in the North America region.
How does Gradient Thermal make money?
One revenue line is on record: heating Equipment Sales.
Who are Gradient Thermal's main competitors?
Direct peers on record are Navien, IBC Technologies, HTP (Heat Transfer Products), Rinnai, Triangle Tube and Weil-McLain. Broad incumbents are Viessmann, Bosch Thermotechnology and Lennox International. Navien Canada (regional operations) is listed as a regional player.
Does Gradient Thermal have an API?
No public API is recorded for Gradient Thermal.
What industry is Gradient Thermal in?
Gradient Thermal's product category is Residential and Commercial Heating Equipment. Its primary akta.pro industry code is IMAHAKAD, Boilers, Furnaces & Process Heating Equipment, with a secondary code of IMADANAF, Heat Exchangers, Coils & Hydronic HVAC Components. Its NAICS code is 333415 and its SIC code is 3585.