Trutankless, Inc. Overview
Pro stress-test →Trutankless, Inc. manufactures smart electric tankless water heaters designed to provide endless hot water supply by heating water as it flows through the system. Founded in 2011 and publicly trading as TKLS, the company operates with 11-50 employees from its Scottsdale headquarters. The product targets energy-conscious residential and commercial consumers seeking to replace inefficient traditional tank water heating systems.
Strategic Profile
Pro stress-test →Trutankless operates in the electric tankless water heater market, which is dominated by four major competitors: Stiebel-Eltron, Rheem (Eemax/EcoSmart), Seisco by Microtherm, Inc., and Power Star by Bosch. The company distributes through wholesale plumbing channels including Ferguson, Hajoca, and WinSupply, with primary markets concentrated in Florida, Texas, Arizona, and the Sunbelt region. Trutankless products have been introduced into Lennar communities with expectations for Wi-Fi certification and integration with Amazon Alexa voice command capabilities.
Competitive Landscape
Pro stress-test →The U.S. electric tankless water heater market is dominated by four companies: Stiebel-Eltron, Rheem (Eemax/EcoSmart), Seisco by Microtherm, Inc., and Power Star by Bosch. Trutankless differentiates through smart-home integration, installer simplicity, and whole-house hot water capacity. The broader water heating market also includes gas tankless competitors (Noritz, Rinnai, Takagi, Aqua Star by Bosch, Rheem by Paloma), but electric systems represent a growing segment driven by energy efficiency and home automation trends.
Industry Context
Trutankless, Inc. operates in Electric tankless water heater manufacturing.
Key facts
Founded: 2008 · Headquarters: Scottsdale, AZ, USA · Employees: 11-50 · Revenue: N/A · Market cap: N/A