TEAL

TEAL manufactures managed industrial plant solutions for building owners, developers, and property managers. The company’s solutions are designed for domestic hot water (TEAL System), hydronic heat (TEAL Aquatherm), and chilled water (TEAL iPlant). Unlike traditional HVAC and domestic hot water systems with their “break and repair” cycles, TEAL’s hardware is equipped with sensors and connected to its proprietary Beacon monitoring technology—machine learning algorithms that virtually supervise the hardware to identify and resolve potential issues. TEAL’s AI ensures zero downtime, so a building never runs out of hot water. Customers include hospitality and healthcare facilities, school campuses, and multi-family and commercial office developments.

The company offers its solution as an end-to-end “mechanical-equipment-as-a-service” or “central-plant-as-a-service” solution: Clients don’t own, operate, or maintain the equipment themselves. TEAL’s solution includes the infrastructure, its remote monitoring technology, and a comprehensive warranty that covers all maintenance and repairs. The company’s Network Operations Center is staffed with engineers working 24/7/365 to monitor and respond to its systems.