Arborlight is starting to go national this year, and has its sights set on some big milestones in 2015.
The Ann Arbor-based tech startup is starting to sell its sun-light-like LED lights across the country. It now has a backlog of orders amounting to $150,000 and is gearing up to start selling both a commercial and residential version soon.
"We have made tremendous strides,”"says Mike Forbis, CEO of
Arborlight. "We have completed product development."
The 4-year-old company is creating a "daylight emulation system." Think of it as an energy-efficient LED light that can imitate sunlight down to the color, temperature, and other subtle details. The technology has an algorithm that is connected to a weather forecast, allowing the LED to behave in the same way as the outside lighting.
Arborlight has developed a commercial version that is 4 feet by 4 feet. It also recently came out with a 2 foot by 2 foot version that can be used in residences. The company has fielded orders from architects across the U.S.
"We have a fair amount of interest and traction," Forbis says.
Arborlight is in the process of raising a $1 million Series A after raising $500,000 in seed capital last year. Forbis hopes to close on the Series A before the end of the year. The company is currently made up of six employees and the occasional summer intern. It has hired three people over the last year, including marketing and sales professionals. Forbis expects his staff to reach eight people by next year.
Source: Mike Forbis, CEO of Arborlight
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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