Thursday, September 28, 2023

Intellihot’s Recognition as a Best Workplace for Innovators Reveals the Driving Force Behind Its Disruptive Products

Illinois-based water heating manufacturer Intellihot was recently recognized by Fast Company on its "The Best Workplace for Innovators" list for 2023.

Fast Company Award

Intellihot Awarded Best Workplace for Innovators

Illinois-based water heating manufacturer Intellihot was recently recognized by Fast Company on its "The Best Workplace for Innovators" list for 2023. Coming on the heels of the world's first tankless heat pump water heater being launched by Intellihot in early 2023, the development confirms the company's organizational culture as the driving force behind its history of disruptive innovations.

With over 104 patents (issued and pending), Intellihot has been innovating, manufacturing, and selling tankless water heaters for large commercial applications like hotels and multi-family properties since 2009. Their products' immense space-saving, cost-reducing, and energy-efficient features have made Intellihot the brand standard for several blue-chip companies and the most viable commercial water heating solution in the North American market. However, Chief Executive Officer at Intellihot Sri Deivasigamani reveals that the company's dogged focus on sustainability could be the most critical reason behind its award-winning work culture.

"Our organizational philosophy has been simple. If you find and nurture highly skilled individuals in an inclusively collaborative atmosphere, empower them to take up professionally rewarding responsibilities, and direct their focus towards an altruistic mission like reducing energy wastage, employees tend to find a potent purpose at work which drives their best work," says Sri.

While Intellihot's aforementioned launch of the world's first tankless heat pump water heater (The Electron Series) has become its crown jewel of innovations, the manufacturer has had a persistent history of transformational innovations. It has won an Edison Award for an AI-powered water heater failure forecasting service, built the world's highest-capacity tankless water heater as small as a refrigerator, and patented a technology that can predict failures and service needs.

"Intellihot's commitment to innovation and its proven ability to deliver meaningful, immediate and positive impact is indicative of the role dedicated companies and their teams can have on changing the world for the better," said Praveen Sahay, Co-Founder and Managing Director of Wave Equity Partners. "As Intellihot's lead investor, we immediately saw the promise of their products to drive both financial and environmental benefits, and we are incredibly proud to be involved in their ongoing growth and success."

About Intellihot

Intellihot is an innovative designer/manufacturer of built-environment systems that challenge traditional approaches for sustainability. Under the leadership of founder and CEO Sridhar (Sri) Deivasigamani, Intellihot offers a range of tankless water heaters designed and built for commercial applications with a focus on sustainability, cost savings, and water quality for safety. Winner of an Edison Award for Best New Product in 2022, and Best Products of AHR 2023, Intellihot serves the hospitality, restaurant, multi-family housing, senior living, commercial facilities, and plumbing industries. Intellihot has operations in suburban Chicago, and Galesburg, IL. with distributors across North America. Learn more at or by following the company on Twitter and LinkedIn.

About WAVE Equity Partners

Wave Equity Partners (WAVE) is an independent sustainability-focused investment firm. We partner with early-growth companies whose proven clean technologies drive meaningful bottom-line impact and environmental benefits for large industrial manufacturers. Our industry knowledge and dedication to true partnership allow us to identify and support leaders whose innovative solutions are commercially accepted, deliver immediate impact and are poised to scale. WAVE is currently investing out of its third institutional fund and has approximately $420 million under management (AUM) as of Dec. 31, 2022. For more information please visit

Contact Information:
Amy Turner
Director Marketing
[email protected]

Original Source: Intellihot's Recognition as a Best Workplace for Innovators Reveals the Driving Force Behind Its Disruptive Products
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Athletic Footwear Industry Veterans Launch Made Plus

The forward-thinking, planet-positive brand creates footwear made with purpose in Annapolis, Maryland

Athletic Footwear Industry Veterans Launch Made Plus
Made Plus Debuts The SKIFF

The SKIFF is a tribute to Annapolis' rich boating history. Ethically engineered, forward-thinking fashion made with purpose.

Made Plus, a pioneering footwear brand founded by industry veterans Trey Hentz, Kevin Fisher, and Alan Guyan, officially sets sail today. Headquartered in Annapolis, Maryland, at 190 Admiral Cochrane Dr. STE 170, Made Plus marks a new era of personalized “planet-positive” footwear proudly made in the United States. With Made Plus, every step matters, which is why the brand has reduced a complex manufacturing process from 300 steps to less than 50 – significantly eliminating negative outputs on the environment. 

Having collectively contributed their designs to industry-disrupting products for athletic footwear giants such as Under Armour, Nike, and Sketchers, the trio of Guyan, Fisher, and Hentz now embark on an extraordinary journey to redefine the traditionally tedious, outdated, and wasteful shoe manufacturing process. What started in a garage in Annapolis is now a micro-factory where the team passionately advocates for a sustainable future and a reimagined approach to crafting “made-to-order” footwear.

Local production and a relentless focus on an environmentally conscious lifestyle fall at the heart of Made Plus' identity, positioning the brand as a trailblazer in the footwear landscape. “Our core mission revolves around reducing our carbon footprint, minimizing waste, and championing ethically viable practices. Every step matters, from sourcing components to the production process to the elevated performance our customers experience,” said Alan Guyan, Founder and CEO of Made Plus. “We are also focused on maintaining a local-first approach, crafting products for locals by locals, fostering a strong sense of community and connection right here in Annapolis.” 

Unlike conventional shoe manufacturing, Made Plus employs a revolutionary made-to-order business model, significantly reducing waste while providing a design-thinking customization experience. By leveraging cutting-edge technologies, including 3D printing, knitting, and digital modeling, Made Plus offers personalized footwear tailored to each individual's needs – a shoe made just for you.

Guyan expressed his enthusiasm, stating, "We are thrilled to have the freedom to focus on our mission while doing what we love best - designing and innovating in a way that raises the bar for the footwear industry while delivering customized, elevated experiences for our customers."

The debut offering from Made Plus is the "SKIFF" lifestyle shoe, a loving tribute to Annapolis' rich boating history, specifically inspired by the small boat that shares its name. Showcasing ethically engineered performance UPKNT technology, each pair is upcycled from six plastic water bottles, free of excess foams and linings, and incorporates Azo-free dyes and upcycled components such as laces, webbing, and support structures. “The 'SKIFF' encapsulates our dedication to crafting contemporary, high-quality footwear from recycled materials, embodying our vision of forward-thinking fashion made with purpose,” added Guyan. 

About Made Plus Inc. 

Made Plus is a visionary footwear brand founded by industry veterans who have honed their craft at major companies, including Under Armour, Nike, New Balance, and Sketchers. Steadfast in its vision to revolutionize the footwear industry, Made Plus is committed to purpose-led design thinking rooted in simplified shoe science. The brand is making a positive impact through ethical manufacturing and using high-quality, sustainable materials. Headquartered in Annapolis, Maryland, every pair of Made Plus shoes is made-to-order and crafted with care in the U.S. To learn more, please visit

Contact Information:
Caitlin Wolf
PR Consultant
[email protected]

Original Source: Athletic Footwear Industry Veterans Launch Made Plus
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