Raven Supply
Raven Supply is a privately held B2B distributor of industrial hydronic, steam, and venting equipment headquartered in Surrey, BC, serving mechanical contractors, property managers, engineers, and industrial operators across British Columbia and Yukon with quote-based pricing and Net 30 terms.
- Company typePrivate
- Founded2004
- HeadquartersSurrey, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Raven Supply does
Raven Hydronic Supply Ltd. (doing business as Raven Supply) is a privately held Canadian B2B distributor of industrial heating, hydronic, steam, and venting equipment, headquartered in Surrey, British Columbia and serving customers across British Columbia and Yukon. Founded in 2004 and now in its second generation of ownership under Partner/General Manager Ashley Bouchard (10-year tenure), the company operates with a compact office team of approximately 10 staff. The product portfolio spans steam boilers (4–1,500 HP), hydronic boilers up to 63,000,000 BTU/hr, thermal fluid boilers, venting products (Security/Duravent), burners, heat exchangers, ASME pressure vessels/tanks, water heaters, pumps (Grundfos), and aftermarket spare parts. The company represents premium manufacturers including Viessmann, Lochinvar, Navien, Fulton, Niles Steel Tank, Industrial Steam, SWEP, ACME Engineering, Modine, and Patterson-Kelley (the last as exclusive local distributor since 2019), and is described as fast-growing.
The business runs a sales-led, quote-based GTM model. Pricing is not publicly disclosed; commercial accounts complete a credit application and receive Net 30 terms post-approval. Customers include mechanical contractors, property managers/facility operators, mechanical engineers, industrial operators (mining, lumber, resource extraction), and institutional buildings (schools, hospitals, government). Notable enterprise deployments include Vancouver International Airport (YVR), St. Paul's Hospital, Puratos Fraser Valley, Hyatt Regency Vancouver, BC Ferries (Fulton marine boilers), UBC David Strangway Building, BCIT, and Stuart Lake mining. The company supports BAS integration via BACnet, Honeywell, Siemens, and Johnson Controls.
Revenue is generated primarily through hardware sales of commercial and industrial HVAC and boiler equipment to contractors, property managers, engineers, and industrial operators. Adjacent services include technical pre-sale consultation, equipment specification support, shop drawing reviews, commissioning guidance, rebate navigation (FortisBC rebates up to $27,000 per qualifying boiler), and an expanding sustainability/electrification offering that includes electric boilers (e.g., two 720 kW ACME units for Puratos Net Zero), hybrid gas-electric systems, and heat recovery via SWEP brazed plate exchangers. The company is actively investing in the energy transition, illustrated by the 2026 Puratos partnership for zero-emission heating.
Raven Supply firmographics
Firmographics- Name
- Raven Supply
- Legal name
- Raven Hydronic Supply Ltd.
- Website
- https://ravensupply.ca
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Raven Supply is a privately held B2B distributor of industrial hydronic, steam, and venting equipment headquartered in Surrey, BC, serving mechanical contractors, property managers, engineers, and industrial operators across British Columbia and Yukon with quote-based pricing and Net 30 terms.
- Ownership category
- akta.pro rank
Raven Supply industry classification
Industry- Product category
- Industrial Boiler and HVAC Equipment Distribution
- NAICS
- Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Power Boiler and Heat Exchanger Manufacturing (332410)
- SIC
- Steam & Air-Conditioning Supply (4961), Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070)
- akta.pro primary industry
- Commercial Water Heater & Boiler Service (HSAOACAJ)
- akta.pro secondary industry
- Expansion Tank, Circulator Pump & Zone Valve Service (HSAOACAG)
Keywords
Where Raven Supply is headquartered
LocationHeadquarters
- HQ city
- Surrey
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Raven Supply business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- HVAC and Boiler Equipment Sales: Revenue generated from the sale of commercial and industrial heating equipment including steam boilers, hydronic boilers, venting products, burners, heat exchangers, pumps, tanks, and spare parts to contractors, property managers, and industrial operators.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Raven Supply product offering
Product offeringCore offering
Raven Supply is a specialized B2B distributor of industrial and commercial heating equipment, supplying steam boilers (4-1500 HP), hydronic/hot water boilers (up to 63,000,000 BTU/HR), thermal fluid boilers, electric boilers, venting systems, burners, heat exchangers, economizers, ASME pressure vessels/tanks, water heaters, Grundfos pumps, and aftermarket spare parts. The company serves mechanical contractors, property managers, mechanical engineers, and industrial operators in British Columbia and Yukon, providing technical pre-sale consultation, specification support, and after-sale service alongside FortisBC rebate navigation.
Product overview
Raven Supply is a specialized B2B supplier of hydronic (hot water), steam, and venting products serving British Columbia and Yukon. The company operates as a distributor offering a comprehensive portfolio of industrial boiler equipment and HVAC solutions. The core product lineup includes Steam Boilers (4-1500 HP), Hot Water/Hydronic Boilers (up to 63,000,000 BTU/HR), Venting Products, Burners/Coils/Heat Exchangers, Economizers, Steam-to-Water Heat Exchangers, Thermal Fluid (HMO) Boilers, ASME Pressure Vessels/Tanks, Water Heaters, Grundfos Pumps, and Spare Parts. Premium brands distributed include Fulton condensing boilers (Endura+ series), Niles Steel Tanks custom hot water generators, Grundfos Magna3 pumps, Industrial Steam deaerators and boiler feed systems, SWEP brazed plate exchangers, Modine coils, and Patterson-Kelley boilers. The company also provides sustainability solutions including electrification strategies, heat recovery systems, and hybrid heating configurations for Net Zero applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Steam Boilers
Quantifiable outcome
- Efficiency improvements of 15-30% achievable with high-efficiency boiler upgrades
- +3 more outcomes
Companies that use Raven Supply
Customer profileNamed customers16 records
Segments5 records
Ideal customer profiles4 records
Raven Supply technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Raven Supply partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- PuratoscoreRaven Supply partnered with Puratos to support their Net Zero emissions goals at their Fraser Valley facility. Collaborated with ACME Engineering to deliver a split-capacity solution of two 720kW electric boilers, eliminating the need for a Class 3 Power Engineer while achieving zero-emission heating.
- FortisBCcoreOngoing rebate partnership through FortisBC Condensing Boiler Rebate Program. Raven Supply helps customers access rebates of up to $27,000 per boiler for qualifying high-efficiency installations.
- Room to ReadcoreGlobal literacy partnership since 2013. Raven Supply raises funds for girls' education in developing countries including Vietnam, Laos, Nepal, India, Cambodia, Tanzania, and Sri Lanka. 2026 goal: $50,000 for 140+ girls' scholarships in Vietnam.
- Working GearminorWork boot collection drive partnership. Working Gear is a registered charity providing free construction gear and interview clothing to individuals from Vancouver's Downtown Eastside.
- Red Wing Shoe Store North VancouverminorPartnership for work boot collection drive to support unemployed and low-income individuals reentering the workforce.
- ViessmanncorePremier equipment manufacturer represented in Raven Supply's catalogue for high-efficiency condensing boilers.
- LochinvarcorePremier equipment manufacturer represented in Raven Supply's catalogue for commercial boilers.
- NaviencorePremier equipment manufacturer represented in Raven Supply's catalogue, stocked for same-week dispatch.
- FultoncoreIndustrial boiler manufacturer with products including Endura+, VANTAGE, VMP, and FBX series. Featured in multiple case studies including YVR, BC Ferries, Stuart Lake, and Tong Louie Family YMCA projects.
- GrundfoscoreHigh-efficiency pump manufacturer providing pumps for HVAC and industrial applications, built for performance, sustainability, and smart water movement. Featured in Tong Louie Family YMCA project with Magna3 pumps.
- Niles Steel TankcoreCustom ASME pressure vessel manufacturer. Raven has provided over 280 custom tank solutions since 2013. Featured in Gilmore Place and Hyatt Regency projects.
- Security/DuraventcoreNorth America's largest and most complete line of venting products for commercial and industrial applications.
- Industrial SteamcoreBoiler heater and ancillary equipment manufacturer including deaerators, wet steam accumulators, feedwater systems, blowdown systems, and fuel oil systems. Based in Iowa, products stocked in Surrey warehouse.
- SWEPcoreBrazed plate heat exchanger supplier for heat recovery solutions in sustainability applications.
- ACME EngineeringcoreElectric boiler manufacturer supplying units for Puratos Net Zero project at Fraser Valley facility.
- ModinecoreHeating coil manufacturer. Raven Supply supplies Modine coils for St. Paul's Hospital mechanical upgrades.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Raven Supply competitors and assessment
Company assessmentDirect peers
- The Master Group: Master Group is one of Canada's largest independent HVAC/R distributors serving residential and commercial contractors with heating, air-conditioning, and refrigeration equipment. It runs a comparable B2B distribution model with technical sales support, regional branches, and digital tools that overlap significantly with Raven Supply's contractor-facing business.
- Refrigerative Supply Limited (RSL): Refrigerative Supply Limited is a Western Canadian HVAC and refrigeration equipment distributor with branches across BC and Alberta serving mechanical and industrial contractors. It directly competes with Raven Supply for hydronic, steam, and commercial HVAC projects in the same regional footprint and shares overlapping product categories including boilers, heat exchangers, and pumping equipment.
- Bartle & Gibson Co. Bartle & Gibson is a Western Canadian wholesale distributor of plumbing, heating, ventilation, and air-conditioning products serving plumbing and mechanical contractors across BC, Alberta, Saskatchewan, and Manitoba. It is the closest geographic and product-line peer to Raven Supply, competing for the same contractor and institutional accounts in BC with overlapping product categories (boilers, hydronics, venting).
Broad incumbents
- Acklands-Grainger: Acklands-Grainger is Canada's largest broad-line industrial distributor (subsidiary of W.W. Grainger) serving industrial MRO customers across the country. It overlaps with Raven Supply on industrial boiler, pumping, and heating equipment needs for industrial buyers (mining, manufacturing, processing) while operating a much broader MRO catalog and supporting digital procurement workflows.
- Carrier Enterprise Canada: Carrier Enterprise is Carrier's exclusive Canadian distribution arm distributing Carrier, Bryant, Payne, and allied brands of HVAC, commercial refrigeration, and hydronic heating equipment. It overlaps with Raven Supply on commercial heating distribution—particularly Carrier and competing boiler brands—and applies greater scale and brand-funded demand generation.
- Wajax Corporation: Wajax is a Canadian industrial equipment distributor serving mining, oil & gas, forestry, and industrial markets with a portfolio that includes power transmission, fluid power, and process heating equipment. While broader in scope, it competes with Raven Supply for large industrial heating projects at mining and resource-extraction customers, particularly in northern Canada where Raven is active.
- Ferguson Canada (formerly Wolseley Canada): Ferguson Canada is the Canadian arm of the largest North American distributor of plumbing, HVAC, and industrial supplies, with broad stocking branches and digital procurement platforms. It competes for the same contractor, mechanical, and institutional heating business as Raven Supply but at significantly larger scale across a wider geography.
- EMCO Corporation: EMCO is a TSX-listed Canadian distributor of plumbing, HVAC, waterworks, and industrial supply products with hundreds of branches nationwide. It competes with Raven Supply at the high end of commercial and institutional accounts while operating a much broader product portfolio and national footprint, making it both a competitor and an aspirational scale benchmark.
- Trane Technologies (Canada): Trane Technologies is a global HVAC manufacturer with direct Canadian sales and service operations distributing Trane and Thermo King commercial HVAC and heating systems. It competes with Raven Supply on large commercial heating installations and provides an alternative specification channel for engineers specifying high-efficiency commercial boilers and chillers.
Others
- IPEX Inc. IPEX is a leading North American manufacturer and supplier of plastic piping systems used extensively in hydronic heating, hot and cold water distribution, and HVAC applications. It is not a direct competitor but is an enabling supplier whose products (PEX, PVC, CPVC) are commonly sold alongside Raven Supply's hydronic boiler and heat exchanger portfolio by mechanical contractors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Raven Supply social profiles
Digital presenceRaven Supply financial estimates
Financial estimateRevenue estimate
Valuation estimate
Raven Supply leadership team
Management profileNumber of profiles
Profiles2 records
Raven Supply funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Raven Supply 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 Raven Supply
What does Raven Supply do?
Raven Supply is a specialized B2B distributor of industrial and commercial heating equipment, supplying steam boilers (4-1500 HP), hydronic/hot water boilers (up to 63,000,000 BTU/HR), thermal fluid boilers, electric boilers, venting systems, burners, heat exchangers, economizers, ASME pressure vessels/tanks, water heaters, Grundfos pumps, and aftermarket spare parts. The company serves mechanical contractors, property managers, mechanical engineers, and industrial operators in British Columbia and Yukon, providing technical pre-sale consultation, specification support, and after-sale service alongside FortisBC rebate navigation.
Is Raven Supply a public or private company?
Raven Supply is a private company. It is classified as family owned and is currently operating.
When was Raven Supply founded?
Raven Supply was founded in 2004. It employs 1 to 10 people.
Where is Raven Supply based?
Raven Supply is headquartered in Surrey, Canada, in the North America region.
How does Raven Supply make money?
One revenue line is on record: HVAC and Boiler Equipment Sales.
Who are Raven Supply's main competitors?
Direct peers on record are The Master Group, Refrigerative Supply Limited (RSL) and Bartle & Gibson Co.. Broad incumbents are Acklands-Grainger, Carrier Enterprise Canada, Wajax Corporation, Ferguson Canada (formerly Wolseley Canada), EMCO Corporation and Trane Technologies (Canada). IPEX Inc. is listed as an others.
Does Raven Supply have an API?
No public API is recorded for Raven Supply.
What industry is Raven Supply in?
Raven Supply's product category is Industrial Boiler and HVAC Equipment Distribution. Its primary akta.pro industry code is HSAOACAJ, Commercial Water Heater & Boiler Service, with a secondary code of HSAOACAG, Expansion Tank, Circulator Pump & Zone Valve Service. Its NAICS code is 33341 and its SIC code is 4961.