Growth Capital | VCTs
London based Guru Systems is a trusted supplier of IoT (Internet of Things) hardware, software, and analytics solutions to clients such as energy companies, house builders and property developers, which are looking to reduce their carbon footprint and operating costs, meet their regulatory obligations and deliver the most cost-effective service to their own customers.
Guru’s widely adopted carbon saving monitoring technology has been developed to initially focus on heat networks, which generate heat centrally and supply to consumers via a network of underground hot water pipes, avoiding the need for individual heating systems in every building.
Guru’s hardware can be fitted to new build developments or retrofitted to capture data from existing energy systems. AI-driven analytics software then provides complete visibility over the system, from a bird’s eye view down to the performance in each individual dwelling. This helps Guru’s client’s identity performance issues, improve efficiency, and reduce carbon emissions. The VCT investment will support Guru’s investment in sales and marketing resource, as well as the development and roll out of new software and hardware products.
Maven’s investment in Guru Systems enables us to grow our team, accelerate our revenue growth and capitalise on the significant growth of low carbon heating in the UK and beyond. Our technology supports the digitalisation and decarbonisation of heat, two of the biggest challenges we face in the transition to a net zero emissions future, allowing our clients to make their energy systems more transparent, lower cost and lower carbon.
Casey Cole, CEO at Guru
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