Torii Industries

www.toriiway.com

As the world presses forward with sustainable and real time service strategies, the water heating industry is rooted in an unremarkable status quo with little change over the past 80 years. Consider a rigid purchasing platform that requires large sums of upfront cash/credit, a product life that rarely meets industry estimates, a substandard warranty offering with marginal protection, all coupled by a product that when it fails, it usually fails without warning, that can cause massive damage, and can take weeks to replace. The simple truth is the current industry doesn’t work very well for its customers as it contains a number of high-cost, high-risk scenarios. Yet it fails to include any of the needed cost-effective or proactive responsibility for an on-demand commodity as essential as hot water. New and better choices are needed. Torii is reimagining hot water, blurring the lines of Fintech, Proptech, and Insurtech in the space of home water heaters. In the current industry model, water heaters are forgotten until they fail. Hot water as a service "hH₂OaaS" is a low-entry-cost subscription for high efficiency Torii water heaters. The patent-pending product is equipped with water quality and proprietary sensors for predictive analytics measured via wireless IoT, allowing it to be replaced before failure as a part of the subscription cost.

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As the world presses forward with sustainable and real time service strategies, the water heating industry is rooted in an unremarkable status quo with little change over the past 80 years. Consider a rigid purchasing platform that requires large sums of upfront cash/credit, a product life that rarely meets industry estimates, a substandard warranty offering with marginal protection, all coupled by a product that when it fails, it usually fails without warning, that can cause massive damage, and can take weeks to replace. The simple truth is the current industry doesn’t work very well for its customers as it contains a number of high-cost, high-risk scenarios. Yet it fails to include any of the needed cost-effective or proactive responsibility for an on-demand commodity as essential as hot water. New and better choices are needed. Torii is reimagining hot water, blurring the lines of Fintech, Proptech, and Insurtech in the space of home water heaters. In the current industry model, water heaters are forgotten until they fail. Hot water as a service "hH₂OaaS" is a low-entry-cost subscription for high efficiency Torii water heaters. The patent-pending product is equipped with water quality and proprietary sensors for predictive analytics measured via wireless IoT, allowing it to be replaced before failure as a part of the subscription cost.

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Country

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State

Montana

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Employees

11-50

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Founded

2020

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Social

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  • Chief Executive Officer

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  • Co - Founder

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  • Strategic Advisor

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