Skyven Technologies
Richardson, Texas, United States
How Skyven Technologies hit $3.1M revenue with a 30 person team in 2023.
Skyven is pioneering "BTUs as a Service" for industrial applications. Industrial customers, especially in regions without natural gas infrastructure, often resort to burning oil for their boiler systems. Oil, typically transported by truck, can be quite costly, with the price per BTU of heat being 5 to 10 times higher than what a similar customer would pay for natural gas in Texas. Skyven offers a cost-saving solution by producing heat without the need for fuel, thereby reducing the reliance on expensive oil deliveries. The company's innovative Intelligent Mirror Array (IMA™) technology harnesses the power of the sun to produce industrial heat more affordably, targeting an 80% reduction in the cost compared to petroleum-based methods – in a market that's worth approximately $500 billion annually worldwide. This technology can achieve temperatures as high as 400°F, making it suitable for industries such as food processing and chemicals that demand high levels of heat. Skyven's contributions to the field have not gone unnoticed. The company has received multiple accolades for its groundbreaking work, including: - Winning the $1 Million Grand Prize at the 2017 NYSERDA 76West Clean Energy Competition - Being a Preliminary Winner in the 2017 US-China Innovation Alliance Innostars - Reaching the finals in the 2017 MassChallenge Boston - Being named a National Finalist and South-central Regional Winner in the 2016 Cleantech Open - Receiving the 2016 Wild Gift Climate Change Fellowship - Winning an SBIR Award from the National Science Foundation in 2015 - Being a finalist in the Sustainability category at the 2015 SXSW Interactive Innovation Awards - Winning the 2015 Protolabs Cool Ideas! Award - Being a finalist in the Greentech category at the 2014 SXSW ECO Startup Showcase Skyven Technologies continues to push the boundaries of sustainable industrial heating solutions, aiming to make fuel-less heat a viable and cost-effective option for industries worldwide.
2013
Founded
$3.1M
2023 Revenue
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YOY
$0
Funding
Skyven Technologies Revenue
In 2023, Skyven Technologies revenue run rate hit $3.1M in revenue.
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2023
Skyven Technologies hit $3.1M in revenue in 2023
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2013
Skyven Technologies launched in 2013 with $0 revenue
Skyven Technologies Funding History
No funding has been reported for Skyven Technologies yet.
Team
Skyven Technologies has 30 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 30 |
Founder / CEO
Arun Gupta
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Skyven Technologies Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Arun Gupta | CEO | [email protected] | - |
Skyven Technologies Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Arun Gupta | CEO | [email protected] | - |
Frequently Asked Questions about Skyven Technologies
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When was Skyven Technologies founded?
Skyven Technologies was founded in 2013.
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How much revenue does Skyven Technologies generate?
Skyven Technologies generates $3.1M in revenue.
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Who is the CEO of Skyven Technologies
The CEO of Skyven Technologies is Arun Gupta.
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How much funding does Skyven Technologies have?
Skyven Technologies raised $0.
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How many employees does Skyven Technologies have?
Skyven Technologies has 30 employees.
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Where is Skyven Technologies headquarters?
Skyven Technologies is headquartered at Richardson, Texas, United States
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