Key facts
- Thermavance’s last known valuation is $5.0M (Aug 2021).
- It has raised $4.0M; the latest was Later Stage VC ($3.0M) in Jun 2025.
- Notable investors include Michigan Rise, Michigan Outdoor Innovation Fund, CitySide Ventures, Penrose Partners (United States).
- Status: Acquired/Merged (Operating Subsidiary).
- ·The complete investor list — 4 names
- ·Watchlist + deal alerts for Thermavance
- ·The full record, as it builds
Funding rounds
No funding rounds for Thermavance are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Thermavance
Developer of climate control systems designed to bring human-scaled climate control to everyday life. The company offers cooling and heating facilities to improve human comfort in traditional and unexpected places, including motorcycles, golf carts, athletic apparel, body armor, construction equipment, and automobiles, enabling users to heat and cool through conductive heat transfer, offering higher efficiency than current convective technology.
- Sector
- Business Products and Services (B2B)
- HQ
- Traverse City, MI, United States
- Founded
- 2012
- Employees
- 12
- Website
- thermavance.com/
- Ownership
- Acquired/Merged (Operating Subsidiary)
Thermavance doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Thermavance shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Thermavance in its N-PORT filings yet. We sweep new filings monthly.