Acquisition will result in technology to push geothermal industry towards critical mass
Dandelion, a geothermal startup that recently graduated X, the research and development lab at Google’s parent company Alphabet, announces today that it has acquired Geo-Connections, the geothermal industry’s leading software as a service (SaaS) company. Their products have been used to design tens of thousands of geothermal systems across the country.
The acquisition will add to a suite of software tools Dandelion is developing for geothermal HVAC installers to deliver affordable, high-quality, standardized geothermal to homeowners at scale. Geo-Connections’ three main products (LoopLink RLC, LoopLink PRO, and LoopLink GSE) contain software for installers to properly configure ground loops, the underground portion of a geothermal installation.
“At Dandelion, we are committed to growing the number of home geothermal installations by making geothermal affordable,” said James Quazi, Dandelion Co-founder and Chief Technology Officer. “Enabling our installation partners to design high-quality systems quickly is critical to this mission and Geo-Connections has developed the most advanced tools for this.”
“We are absolutely thrilled to join forces with Dandelion,” said Ryan Carda, Co-Founder & President of Geo-Connections. “This partnership represents a huge step toward our shared goal of widespread growth and adoption of geothermal technology.”
As part of the acquisition, Geo-Connections’ management will take key roles on Dandelion’s technology team. Ryan Carda, who also chairs the Standards Committee for the International Geothermal Source Heat Pump Association (IGSHPA), will serve as Principal Engineer for Dandelion and will focus on standardization and automation of the system engineering process. Doug Carruthers, Lead Software Engineer for Geo-Connections, will join Dandelion in the same role, leading the development of a suite of software tools that will streamline geothermal system design.
In the near-term, Dandelion will continue to support all existing Geo-Connections products. Financial terms of the transaction are not disclosed.
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