
CoolIT Systems
Founded Year
2001Stage
Grant | AliveTotal Raised
$11.3MValuation
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+258 points in the past 30 days
About CoolIT Systems
CoolIT Systems provides liquid cooling solutions for high-performance computing, enterprise, and telecom sectors. The company offers products including direct liquid cooling systems, coolant distribution units, and coldplates that manage heat in data centers and computing environments. CoolIT Systems serves the artificial intelligence (AI), high-performance computing, and enterprise data center markets. It was founded in 2001 and is based in Calgary, Canada.
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CoolIT Systems Patents
CoolIT Systems has filed 56 patents.
The 3 most popular patent topics include:
- fluid dynamics
- cooling technology
- heat exchangers

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
10/19/2020 | 1/28/2025 | Cooling technology, Fluid dynamics, Atmospheric thermodynamics, Thermodynamics, Gas technologies | Grant |
Application Date | 10/19/2020 |
---|---|
Grant Date | 1/28/2025 |
Title | |
Related Topics | Cooling technology, Fluid dynamics, Atmospheric thermodynamics, Thermodynamics, Gas technologies |
Status | Grant |
Latest CoolIT Systems News
Aug 18, 2025
Key players such as Schneider Electric, Vertiv, STULZ, Rittal, and Nortek Air Solutions are leading innovation with advanced cooling technologies. With growing demand for sustainable and cost-effective systems, the market is set for strong global growth. The data center cooling market is projected to grow from USD 11.08 billion in 2025 to USD 24.19 billion by 2032, at a CAGR of 11.8% during the same period. The global market research report is a comprehensive analysis of the current data center cooling market trends , future prospects, and other pivotal factors that drive the market. The industry is driven by the increasing growth of data creation and cloud computing. As more businesses establish themselves on cloud services and adopt newer technologies like AI and Big Data, the processing load and heat generation of data centers increase, necessitating effective cooling solutions to operate optimally. Data Center Cooling Companies Companies such as Vertiv Group Corp. (US), Green Revolution Cooling, Inc. (US), Submer (Spain), Asperitas (Netherlands), and COOLIT Systems (Canada) belong to the winners' category. These companies are leading players in the global data center cooling market, and they have implemented product launches, partnerships, and expansion strategies to enhance their market share. VERTIV GROUP CORP. (US) Vertiv Group Corp. is a worldwide leader in power, thermal, and information technology infrastructure solutions for critical industries, including data centers, communication networks, and manufacturing facilities. Vertiv Group Corp. has a broad global footprint and supply chain and offers power and temperature management solutions, integrated racks, modular solutions, and digital infrastructure monitoring. Its key customers are large enterprises such as Alibaba, AT&T, Equinix, Ericsson, Reliance, and Vodafone. Vertiv Group Corp. distributes a broad portfolio of thermal management products across the Americas, Asia Pacific, and EMEA, including heat rejection, high-density cooling, room and rack cooling, and complex monitoring systems. The corporation has close to 24,000 employees worldwide, has manufacturing facilities in strategic locations, and has operations in more than 40 countries. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1038 GREEN REVOLUTION COOLING, INC. (US) Green Revolution Cooling, Inc. (GRC) is a single-phase immersion cooling solutions company for data center servers with 24 patents and support from companies such as the NSA, US Air Force, and Intel. GRC, through its association with top companies such as Vertiv, Dell, and HPE, provides ICE and HASH systems using high-performance, non-toxic ElectroSafe coolants that can be used for extended periods. Its products enable leading OEMs like Nvidia, Dell, Super Micro Computer Inc., and HPE to convert air-cooled systems into immersion-capable systems. GRC has over 22 locations across North America, Europe, Africa, Asia, and Australia and provides scalable, high-performance, cost-effective data center cooling worldwide. SUBMER (SPAIN) Submer develops new immersion cooling systems for data centers and IT infrastructure solutions like SmartPodX, SmartPodXL+, and microlise SmartPOD. These systems maintain ideal and serene cooling with the constant motion of coolants across the space. They help save energy, reduce space footprint, and maintain reliable operations under hot and humid surroundings. Submer services include industries such as colocation, education, research, and hyperscale, as well as some high-performance computing, AI, cloud, blockchain, and gaming applications. The company also provides full service concerning shipping, warranty, integration, software monitoring, and maintenance, with offices in Europe, East Asia, and North America. ASPERITAS (Netherlands) Asperitas is a pioneer of liquid immersion cooling technology and an innovator of energy-efficient and high-density data centers worldwide. Asperitas, guided by security, reliability, and sustainability, collaborates with top companies such as Shell, Dell Technologies, Intel, and NVIDIA to provide plug-and-play immersive computing solutions to scientific research centers, cloud providers, and organizations. Asperitas has empowered new digital technologies since its initial ecosystem solution launch in 2017 and has a strong global presence in Europe. Asperitas' innovative technology conserves energy and minimizes environmental impact for data centers. Asperitas remains committed to research and development to shape the future of sustainable digital infrastructure. COOLIT SYSTEMS (CANADA) COOLIT SYSTEMS provides direct liquid cooling solutions for data centers, workstations, and servers. The rack-based direct contact liquid cooling (DCLC) architecture optimizes component performance and power efficiency. The firm provides liquid cooling solutions for data center CPUs, GPUs, and memory, as well as servers and desktop computers. It is a well-known global provider of liquid cooling solutions for HPC OEMs, offering solutions from Dell EMC, HPE, Intel, Supermicro, and Huawei. The firm provides services to clients globally in the HPC, AI, finance, oil & gas, government, research, biomedical, and big data markets. Its clients include eBay, Intel, and HPE. It has operations in North America and Asia Pacific. Related Reports Methanol Market About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes , as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ‘GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. Media Contact Company Name: MarketsandMarkets™ Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email: Send Email Phone: Address: 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website: https://www.marketsandmarkets.com/Market-Reports/data-center-cooling-solutions-market-1038.html
CoolIT Systems Frequently Asked Questions (FAQ)
When was CoolIT Systems founded?
CoolIT Systems was founded in 2001.
Where is CoolIT Systems's headquarters?
CoolIT Systems's headquarters is located at 10 – 2928 Sunridge Way North East, Calgary.
What is CoolIT Systems's latest funding round?
CoolIT Systems's latest funding round is Grant.
How much did CoolIT Systems raise?
CoolIT Systems raised a total of $11.3M.
Who are the investors of CoolIT Systems?
Investors of CoolIT Systems include OCIF Express, KKR, Mubadala, nVent, BDC Capital and 6 more.
Who are CoolIT Systems's competitors?
Competitors of CoolIT Systems include UniSCool and 6 more.
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Compare CoolIT Systems to Competitors

Iceotope provides precision liquid cooling solutions for data centers, emphasizing sustainability and efficiency within the IT stack. Its offerings include cooling systems aimed at improving performance for AI workloads while reducing energy consumption, carbon emissions, and water usage. Iceotope serves sectors such as cloud service providers, telecommunications, enterprises, and original equipment manufacturers. It was founded in 2005 and is based in Sheffield, United Kingdom.
UniSCool provides liquid cooling solutions for advanced electronics within the technology sector. The company's offerings include cooling solutions designed to manage thermal challenges in data centers and other electronics that require thermal management. Its solutions aim to address the environmental impact of cooling systems in data centers, which account for a portion of global electricity demand. The company was founded in 2022 and is based in Lleida, Spain.
KyotoCooling provides water-free cooling solutions for data centers, with a focus on reliability, efficiency, and modularity. The company offers a range of products including factory-built packaged air handlers, custom air handlers, and retrofit applications designed for cooling. KyotoCooling primarily serves the sector, offering solutions that integrate with existing infrastructure. It was founded in 2008 and is based in Coppell, Texas.

Excool provides data center cooling solutions. It offers low-energy indirect adiabatic air-based cooling systems for data centers and critical systems environments. It was founded in 2010 and is based in Bromsgrove, United Kingdom.

Calyos focuses on two-phase cooling technologies for thermal management in various industries. The company provides thermal management solutions including loop heat pipes, micro-channel heat pipes, and pulsating heat pipes, which are intended to dissipate heat from electronic components, batteries, and power electronics. Calyos' products serve sectors that need effective cooling systems, including e-mobility, computing, and renewable energy. It was founded in 2011 and is based in Charleroi, Belgium.

Vigilent offers applications and services for optimizing mission critical cooling in sectors such as data centers, telecom, and commercial buildings. The company focuses on facility management with an emphasis on energy efficiency, uptime, and capacity management. Vigilent's offerings are intended for operations executives, data center operators, and energy executives across various industries. It was founded in 2009 and is based in Oakland, California.
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