Where is Pellet Heat located?

Pellet Heat is headquartered in Jaffrey, United States.

How many employees does Pellet Heat have?

As of Jul 01, 2024, the latest employee count at Pellet Heat is 20.

Is Pellet Heat a funded company?

Pellet Heat is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 20, 2011.

When was the latest funding round of Pellet Heat?

Pellet Heat's latest funding was a $***** Grant (prize money) round on Sep 15, 2014, with participation from 1 investor.

Where does Pellet Heat rank among its competitors?

Pellet Heat ranks 4th amongst 14 active competitors, only 1 of which is funded. Lignetics, which secured $455K in Feb, 2025.

Who are the top competitors of Pellet Heat?

Pellet Heat's top competitors include Enviva, Terravesta and Lignetics. Among them, Lignetics secured the most recent funding round in February, 2025.

Pellet Heat - 2026 Company Profile, Funding & Competitors

Pellet Heat is an acquired company based in Jaffrey (United States). It operates as a Manufacturer of wood pellet fuel and residential heating appliance systems. Pellet Heat has raised an undisclosed amount in funding. The company has 14 active competitors, including 1 funded and 6 that have exited. Its top competitors include companies like Enviva, Terravesta and Lignetics.

Company Details

Manufacturer of wood pellet fuel and residential heating appliance systems. Wood pellets are produced from lumber mill residuals, sawdust, and industrial wood waste to serve as a heating fuel source. Residential appliances used for this heating process include stoves, furnaces, and fireplace inserts equipped with electric igniters. These systems utilize combustion processes to warm indoor spaces while maintaining fuel efficiency.

Key Metrics

Location

Jaffrey, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 15, 2014, $*****

Investors

United States Department of Agriculture

Ranked

4^th among 14 active competitors

Employee Count

20 as on Jul 01, 2024

Investment & Acquisitions

Allegheny Pellet

Similar Companies

Enviva & 147 more

Exit Details

Acquired by Lignetics (Feb 27, 2018)

View Pellet Heat's full profile

Pellet Heat got acquired by Lignetics on Feb 27, 2018.

Click here to take a look at Pellet Heat's acquisition in detail

Pellet Heat has raised funding over 4 rounds. Its first funding round was on Sep 20, 2011. Its latest funding round was a Grant (prize money) round on Sep 15, 2014 for $*****. 1 investor participated in its latest round. Pellet Heat has 1 institutional investor.

Here is the list of recent funding rounds of Pellet Heat:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2014	6385070	Grant (prize money)	9118131	8950265	5441055	8682000
Sep 25, 2012	2564999	Grant (prize money)	9828585	8605863	7361330	United States Department of Agriculture
Sep 26, 2011	1576942	Grant (prize money)	6280640	8495361	2823545	United States Department of Agriculture

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View details of Pellet Heat's funding rounds and investors

Pellet Heat's employee count trend

Pellet Heat has 20 employees as of Jul 24. Here is Pellet Heat's employee count trend over the years:

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Top competitors of Pellet Heat include Enviva, Terravesta and Lignetics. Here is the list of Top 10 competitors of Pellet Heat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Enviva 2004, Richmond (United States), Public	Manufacturer of wood pellets for power and heat generation applications	-	Goldman Sachs, ValueAct Capital & 14 others	65/100
2nd	Terravesta 2011, Lincolnshire (United States), Seed	Supplier of hybrid miscanthus biomass for industrial and energy applications	$2.58M	Gov & 1 others	43/100
3rd	Lignetics 1983, Louisville (United States), Acquired	Manufacturer of renewable wood pellets fire logs and animal bedding	$15M	Mill Road Capital, Texas Capital Bank & 8 others	43/100
4th	Pellet Heat Jaffrey (United States), Acquired	Manufacturer of wood pellet fuel and residential heating appliance systems	-	United States Department of Agriculture	31/100
5th	Rentech 1990, Los Angeles (United States), Public	Provider of information regarding biofuel production methods and investment opportunities	-	Blackstone	31/100
6th	Green Circle Bio Energy 2004, Bethesda (United States), Acquired	Wood pellet manufacturer	-	-	30/100
7th	Forest Energy 1991, Show Low (United States), Funding Raised	Manufacturer of renewable wood pellets fire logs and animal bedding	-	-	27/100
8th	Foster Brothers 1934, Auxvasse (United States), Unfunded	Manufacturer of bulk wood mulch and assorted landscape surfacing materials	-	-	27/100
9th	Mohegan Renewable Energy 2018, Montville (United States), Funding Raised	Platform offering virtual casino games and integrated online sports betting	-	Regions Bank	24/100
10th	Lee Energy Solutions 2008, Huntsville (United States), Acquired	Developer of desktop software for batch processing of digital files	-	United States Department of Agriculture	24/100