How a College Startup Scored One of the Biggest Wins in 'Shark Tank' History

Keen Home, a former finalist in Inc.'s Coolest College Startups, landed one of the highest valuations in the history of 'Shark Tank.'

When business school classmates Ryan Fant and Nayeem Hussain submitted their product idea to New York University's Entrepreneurs Challenge in 2012, they never imagined that just two years later they'd be pitching the hosts of ABC's Shark Tank.

Fant and Hussain's company, Keen Home -- one of Inc.'s 2014 Coolest College Startups -- makes a product called the Smart Vent, a wirelessly connected air vent that automatically opens and closes to intelligently redirect airflow through homes. By controlling temperatures in individual rooms using a smart phone, customers can save on their monthly energy bill.

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