Hearthside
Series A · 2026
Series A · 2026

The stove
America upgrades to

Hearthside builds induction ranges that install like appliances and cook like restaurants — no rewiring, no compromise.

9,200
ranges shipped
$4.1M
run-rate revenue
$12M
raising
01 / 20
The problem

68 million US kitchens still burn gas indoors — and the upgrade path is a $4,000 electrician visit.

Induction wins every cooking benchmark, but panel upgrades and 240V lines stop the swap. The stove is ready; the house isn’t.

02 / 20
Why now
$840

average federal + state rebate per induction range under IRA electrification programs (Rewiring America, 2025) — the first time the switch is subsidised at the register.

03 / 20
Product

Battery-buffered induction. Plugs into the outlet you already have.

01
120V install
Onboard battery delivers 10kW burst from a standard plug.
02
Boil in 40 seconds
Outperforms every gas range sold in America.
03
Blackout cooking
The battery runs the stove for 3 hours off-grid.
[ PHOTO — range in kitchen ]
04 / 20
How it works
STEP 01
Order
Configure online; rebates applied at checkout.
→
STEP 02
Deliver
White-glove install in under an hour.
→
STEP 03
Cook
No electrician, no panel upgrade, ever.
→
STEP 04
Charge
Battery tops up overnight on off-peak power.
05 / 20
Traction

Twelve months of compounding demand

01
9,200
units shipped
02
$4.1M
revenue run-rate
03
11,800
reservation backlog
04
46 NPS
post-install survey
05
2.1%
return rate
06
$438
gross profit / unit
06 / 20
Growth

Monthly units shipped, trailing 12 months

JulAugSepOctNovDecJanFebMarAprMayJun
07 / 20
Unit economics

Hardware margins that fund the flywheel

Per unitTodayAt 30k units
ASP (after rebate)$1,890$1,890
COGS$1,452$1,180
Gross margin23%38%
CAC$310$240
Contribution$128$470
08 / 20
Market · AHAM shipment data 2025

The $5.1B US range market flips electric this decade

0100%
34%
57%
SOM — premium induction, coastal metros 9%
SAM — replacement cycle, electrified states 34%
TAM — all US range sales 57%
09 / 20
Competition
Hearthside
Pro induction
Big-box electric
Portable plates
Install simplicity → ↑ Cooking performance
10 / 20
Moat
01
01

Battery patent family

Three granted patents on burst-discharge thermal control.

02
02

Install network

340 certified installers across 28 metros — the hard part isn’t the stove.

03
03

Rebate rails

Point-of-sale rebate integrations in 14 states, 18 months ahead of OEMs.

11 / 20
In the wild

The upgrade customers show off

[ PHOTO — brownstone kitchen ]
[ PHOTO — chef partnership ]
[ PHOTO — install day ]
[ PHOTO — range detail ]
[ PHOTO — blackout demo ]
[ PHOTO — showroom ]
12 / 20
“
Customer proof

“I cooked dinner through a four-hour outage. My gas friends came over to watch the water boil faster than their flames ever did.”

Marcus Webb
Owner, Webb & Daughters Supper Club — Oakland
13 / 20
Business model

Revenue mix, next 24 months

01
Range sales71%
02
Cookware + accessories12%
03
Extended care plans9%
04
Utility partnerships8%
14 / 20
[ PHOTO — molten copper pour ]

BUILT,
NOT SHIPPED.

15 / 20
Go-to-market
Now
DTC + 3 showrooms
Coastal metros where gas bans bite first.
Q4 2026
Retail wedge
Launch in 120 appliance dealers.
2027
Builder channel
Spec’d into electrified new construction.
2028
Second line
Wall ovens on the same battery platform.
16 / 20
Team

Appliance veterans, battery engineers

[ photo ]
Dana Ortiz
CEO — ex-Whirlpool GM
[ photo ]
Sam Chen
CTO — ex-Tesla Powerwall
[ photo ]
Priya Nair
Supply chain — ex-Anker
[ photo ]
Cole Barrett
Brand — ex-Made In Cookware
17 / 20
Financial plan

Units with this round

58k
cumulative units by 2028
25
50
75
100
2.4k
4.3k
7.2k
11k
16.8k
24k
H1 ’26H2 ’26H1 ’27H2 ’27H1 ’28H2 ’28
18 / 20
Use of funds

Where the $12M goes

Raise
Tooling + COGS
Installer network
Retail launch
R&D
Buffer
sources uses ending
19 / 20
Hearthside

Gas ends at the kitchen.

dana@hearthside.com · hearthside.com
[ QR ]
20 / 20