FundedIQ
Commerce and Shopping

Stone Mountain Technologies: Funding, Investors & Team (Oct 2026)

Stone Mountain Technologies, Inc. (SMTI) is a developer and manufacturer of high-temperature gas absorption heat pumps under the ANESI brand. This best-in-class heating solution uses the existing natural gas or propane fuel supply to homes and small commercial buildings. Anesi gas heat pumps include patented compressor-less technology and operate without harmful refrigerants. The Anesi gas heat pump has an Annual Fuel Utilization Efficiency (AFUE) rating of 140% which immediately reduces fuel use and and carbon emissions. SMTI's Anesi products are ideal for a wide range of residential and light commercial heating needs, including forced air and hydronic space heating as well as water heating. Stone Mountain Technologies, Inc. was founded by Michael Garrabrant and is located in Piney Flats, TN. View Anesi Gas Heat Pump Linkedin Page: https://www.linkedin.com/showcase/anesi-gas-heat-pump/

stonemountaintechnologies.com LinkedIn Johnson City, United States 11-50 employees
Building Material Manufacturing Wholesale B2B
Total raised
$9.5M
Rounds
1
Latest
Undisclosed round
Oct 2024

Stone Mountain Technologies has raised $9.5M across 1 funding round on record, the most recent an undisclosed round of $9.5M announced in Oct 2024.

That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

Stone Mountain Technologies Company Profile and Key Stats

Total funding raised
$9.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$9.5M in Oct 2024
Employees
11-50
reported band
Headquarters
Johnson City, United States

Latest funding round on record: Oct 2024.

Stone Mountain Technologies Funding Rounds

Date
Round
Amount
Undisclosed round
$9.5M

Stone Mountain Technologies Founders and Leadership Team

Name
Role
Contact
Michael Garrabrant
Founder
Locked

Contact details for the Stone Mountain Technologies team: 1 of 1 has an email address on file.

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Stone Mountain Technologies Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round

Stone Mountain Technologies' latest round of $9.5M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Stone Mountain Technologies in Commerce and Shopping and Johnson City

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Stone Mountain Technologies Funding FAQs

What does Stone Mountain Technologies do?

Stone Mountain Technologies, Inc. (SMTI) is a developer and manufacturer of high-temperature gas absorption heat pumps under the ANESI brand. This best-in-class heating solution uses the existing natural gas or propane fuel supply to homes and small commercial buildings. Anesi gas heat pumps include patented compressor-less technology and operate without harmful refrigerants. The Anesi gas heat pump has an Annual Fuel Utilization Efficiency (AFUE) rating of 140% which immediately reduces fuel use and and carbon emissions. SMTI's Anesi products are ideal for a wide range of residential and light commercial heating needs, including forced air and hydronic space heating as well as water heating. Stone Mountain Technologies, Inc. was founded by Michael Garrabrant and is located in Piney Flats, TN. View Anesi Gas Heat Pump Linkedin Page: https://www.linkedin.com/showcase/anesi-gas-heat-pump/

How much funding has Stone Mountain Technologies raised?

Stone Mountain Technologies has raised $9.5M across 1 round on record. The most recent is an undisclosed round of $9.5M announced in Oct 2024.

When did Stone Mountain Technologies last raise funding?

Stone Mountain Technologies' most recent funding round on record is an undisclosed round of $9.5M, announced in Oct 2024.

Who founded Stone Mountain Technologies?

FundedIQ lists Michael Garrabrant (Founder) at Stone Mountain Technologies.

Where is Stone Mountain Technologies headquartered?

Stone Mountain Technologies is based in Johnson City, Tennessee, United States.

How many employees does Stone Mountain Technologies have?

Stone Mountain Technologies is in the 11-50 employee band.

How does Stone Mountain Technologies' funding compare to other Commerce and Shopping startups?

Stone Mountain Technologies' latest round of $9.5M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's Stone Mountain Technologies Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Stone Mountain Technologies is left off this page rather than filled in.

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