Home/Case Studies/GlacierGrid (formerly Therma)

    Pivoting Therma into GlacierGrid for a $19M Series A

    Industry
    IoT-to-SaaS · Climate Tech
    Timeline
    Dec 2021 – Dec 2022
    Company
    GlacierGrid (formerly Therma)
    Repositioning
    Series A
    B2B Demand Gen
    ABM
    Climate Tech

    Key Results

    Outcomes at a glance
    $19MSeries A Raised

    Directly supported by pipeline

    +600%Qualified Pipeline

    From a near-zero baseline

    +60%CAC Payback

    Improvement vs. baseline

    CreatedCategory

    Grid-responsive energy mgmt

    Chart shows quantified outcomes; other results are qualitative.

    The Challenge

    IoT hardware company stuck in a niche refrigeration-monitoring positioning with a small TAM. Needed to redefine GTM, build B2B demand from scratch, and credibly tell a Series A story to investors—on a lean team.

    The Approach

    Converted from advisory client to full-time Head of Growth. Led the strategic pivot from refrigeration monitoring to grid-responsive energy management—unlocking a fundamentally larger addressable market. Built B2B demand generation infrastructure end-to-end: ABM, funnel optimization, enterprise sales enablement.

    Key Achievements

    The outcomes that defined this engagement

    1

    Led the rebrand and repositioning from Therma → GlacierGrid

    2

    600% increase in qualified pipeline through ABM and funnel optimization

    3

    60% improvement in CAC payback while expanding TAM

    4

    Pipeline and narrative directly supported the $19M Series A close

    How it was approached

    The strategic frameworks behind this work — explore them in the System.

    The Outcome

    Repositioned a niche IoT hardware company into a grid-responsive energy management platform serving enterprise facilities—and closed the round.

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