This week’s guest is Manik Suri, founder and CEO of Therma.
Manik studied Political Science as an undergrad at Harvard University and then earned his Master’s in international Relations at Cambridge University in England.
After school, he ended up working in Finance at an investment firm and then pursued law school. During law school, he worked at an internship with the economic policy team in the first Obama Administration. There, he met the Deputy CTO of the US, Beth Noveck, and was introduced to the idea that tech, law and government intersected so moved into tech for good.
He went to The Governance Lab (The Gov Lab) at NYU where tech for government was in action. Hear about the exciting project that they did with the United Nations.
Manik co-founded Therma when was Inspired to move into private sector and entrepreneurship after seeing the opportunity to build and scale a company while also having a positive social impact.
Therma is working to improve the cold chain which is the part of the supply chain that moves food and also medical supplies (like vaccines!). It is smart refrigeration technology for that seeks to reduce food waste, energy waste and refrigerant leakage.
Note from Rabiah (Host):
Manik has had a brilliant career as a student and post-college and in founding a company with the embedded value of social impact really resonated with me a lot. It was exciting to hear about his work in government and I did not know about Beth Noveck before but want to know more now! I often ask myself how I can contribute more, even on the podcast sometimes, and really found what Manik has done and is doing very invigorating. Enjoy the chat!
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Find Manik
Manik on Twitter: https://www.twitter.com/manikvsuri
Therma: https://www.hellotherma.com/
Therma Facebook: https://www.facebook.com/hellotherma/
Therma LinkedIn: https://www.linkedin.com/company/hellotherma/
Therma Twitter: https://twitter.com/HelloTherma
Email: manik @ hellotherma (dot) com
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Mentioned in this episode:
Beth Noveck: https://twitter.com/bethnoveck
The Governance Lab: https://twitter.com/TheGovLab
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More than Work Facebook, Instagram, Twitter: @morethanworkpod Please review and follow anywhere you get podcasts. Thank you for listening. Have feedback? Email morethanworkpod(at)gmail.com!
This is More Than Work, the podcast reminding you that your self worth
Rabiah (Host):is made up of more than your job title.
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Rabiah (Host):Um, this episode's really fun.
Rabiah (Host):I I've said many, many times that service is a really important part of my life
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Rabiah (Host):fellowship, which is just so cool.
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Rabiah (Host):around tech, which I didn't know.
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Rabiah (Host):It's, it's amazing.
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Rabiah (Host):about what had been going on during that time, you know, during the administration.
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Rabiah (Host):someone that was part of that.
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Rabiah (Host):So my guests founded a basically tech company that also has a social purpose.
Rabiah (Host):I'm very intrigued by companies that do align themselves with a social purpose.
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Rabiah (Host):This is the start of Earth Month, or this month is April.
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Rabiah (Host):This week, I mean, there's another thing to be mad about this.
Rabiah (Host):Louis CK winning the Grammy.
Rabiah (Host):I don't know.
Rabiah (Host):I just, I think I can't talk too much about it on here just cause my podcast
Rabiah (Host):doesn't really get into vulgarity and really everything about him is
Rabiah (Host):just incredibly vulgar at this point.
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Rabiah (Host):he won for, as far as I understand, he talks about the assaults he did.
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Rabiah (Host):know, put yourself in that situation.
Rabiah (Host):You wouldn't feel super great.
Rabiah (Host):You would feel pretty much like you'd been insulted.
Rabiah (Host):Um, well, I, it sounded like you said, insulted it'd be assaulted or insulted,
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Rabiah (Host):that are very scary before and as a female comic who's also been in situations,
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Rabiah (Host):Welcome to Earth Month.
Rabiah (Host):Have a great week.
Rabiah (Host):Everyone stay safe and stay healthy.
Rabiah (Host):And here we go.
Rabiah (Host):So you guys, this week, my guest is Manik Suri.
Rabiah (Host):He's the founder and CEO of Therma, and we're going to learn what
Rabiah (Host):Therma is and also how he got there.
Rabiah (Host):So thanks for being a guest
Manik Suri:Rabiah, it's great to be on.
Manik Suri:Thanks for having me.
Rabiah (Host):And where am I talking to you from, right now?
Manik Suri:Yeah, I'm c alling in from sunny San Francisco which is
Manik Suri:home for me and for our company.
Rabiah (Host):Nice.
Rabiah (Host):Nice.
Rabiah (Host):And so it's sunny there today.
Manik Suri:It is.
Manik Suri:We joke, it's LA weather today.
Manik Suri:It's one of those rare sunny days, but we're loving it uh after,
Manik Suri:you know, a lot of fog and we'll take every sunny day we can get.
Rabiah (Host):Yeah, I'm sure I'm in London, I've mentioned to you
Rabiah (Host):and we had two days of sun this weekend and so I totally get.
Rabiah (Host):it.
Manik Suri:I spent a little bit of time in London.
Manik Suri:I did a Master's in Cambridge and I remember, well.
Manik Suri:Many things that I loved about it, one of the best years ever.
Manik Suri:But, but the joke is always about the weather.
Rabiah (Host):yeah.
Rabiah (Host):Oh yeah.
Rabiah (Host):And Cambridge is, I think even ranier than here.
Rabiah (Host):So, yeah.
Rabiah (Host):So let's actually, we can start there too.
Rabiah (Host):Let's just talk about what you studied and where you went to school and kind of how
Rabiah (Host):you started out cause you didn't start out in kind of the area that you're in now.
Manik Suri:Absolutely.
Manik Suri:You know, the life is a kind of a twisting and turning path.
Manik Suri:The journey takes you in lots of directions that are hard to anticipate.
Manik Suri:In college and grad school, I was studying political science
Manik Suri:and international relations.
Manik Suri:So I went to Harvard for undergrad and did a master's at Cambridge.
Manik Suri:I studied government political science and undergrad, and then
Manik Suri:international relations in m y master's program and ended up going
Manik Suri:to law school thinking I was going to go into government and policy.
Manik Suri:That was you know, that was the original plan.
Manik Suri:And ended up now a kind of recovering attorney working in
Manik Suri:tech, building climate solutions.
Rabiah (Host):Yeah, And did you do any training in tech itself, like as
Rabiah (Host):far as formal education or that was all more the policy kind of stuff?
Manik Suri:Yeah, I had never trained in engineering or engineering sciences.
Manik Suri:I, I studied political theory and finance is how I kind of started my career.
Manik Suri:So I went from uh school to a big investment firm called DE Shaw where
Manik Suri:I kind of learned finance on the job.
Manik Suri:And then went back to law school, did a brief stint in government doing an
Manik Suri:internship and then fellowship as a junior person on the economic policy
Manik Suri:team in the first Obama administration.
Manik Suri:And then ended up in tech.
Manik Suri:I met someone who was a former lawyer, herself and the deputy CTO of the
Manik Suri:U S and she had gone to Harvard 10 years before me and was working at the
Manik Suri:intersection of tech, law, and government and convinced me that there were
Manik Suri:opportunities to build tech for good.
Manik Suri:And that's how I ended up moving into a the tech.
Rabiah (Host):That's awesome.
Rabiah (Host):And I, I like how you were able to identify what you kind of didn't
Rabiah (Host):want to do, I guess, and just kind of find something that you did.
Rabiah (Host):So when you go from the investment firm and then did you go into government
Rabiah (Host):after that just thinking that that's kind of where you want it to be
Rabiah (Host):ultimately, like when you're working for the Obama administration or did
Rabiah (Host):you just kind of fall into that?
Rabiah (Host):Like how does someone go into that kind of job?
Manik Suri:Yeah, well, so I decided to go to law school
Manik Suri:after deferring for many years.
Manik Suri:I'd applied to law school while I was in college.
Manik Suri:And I'd differed year after year because I'd gotten this this gig at DE Shaw and
Manik Suri:I was enjoying myself and learning a lot.
Manik Suri:But I decided to go back to law school because I really wanted to get
Manik Suri:closer to policy and and politics.
Manik Suri:And I applied for an internship while in law school, on the economic policy team
Manik Suri:at the first Obama administration's NEC, and that's how I ended up getting the
Manik Suri:opportunity was through an internship.
Manik Suri:And then they extended it to a term time fellowship.
Manik Suri:I got to work doing regulatory and economic policy.
Manik Suri:And I almost went back to a, to a full-time role.
Manik Suri:I had originally thought after law school, I would apply for a policy
Manik Suri:job, but life had other plans.
Manik Suri:I met his colleague Beth Noveck, in 2011 and she was writing and talking
Manik Suri:about themes around civic technology, bringing data science and network
Manik Suri:tools to, to bear on problems that affect all of us beyond what technology
Manik Suri:was doing, which is largely around social life and commercial life.
Manik Suri:And so she had this thesis that, Hey, we can build and deploy these
Manik Suri:technologies for improving government and law, two of the largest and most
Manik Suri:important sectors of the economy that are kind of still run like it's 1950.
Manik Suri:So I got really inspired by her and said, Hey, that makes a lot of sense.
Manik Suri:Why don't I join you Beth and we started a center together at NYU where
Manik Suri:she teaches called The Governance Lab.
Manik Suri:And I helped her get the center off the ground and then left to
Manik Suri:start a company in the space.
Manik Suri:And that's how I became a tech entrepreneur
Manik Suri:. Rabiah (Host): Oh, amazing.
Manik Suri:Yeah.
Manik Suri:So that, that is really cool because I think even, I mean, if you just kind of
Manik Suri:fast forward to the last year or so, and look at the role technology has played
Manik Suri:in government, just most recently, I'd say that I'm aware of in the States
Manik Suri:is the whole distribution of the COVID home test, the rapid home tests, right?
Manik Suri:And how different that looked say then if you look at 10 or so years
Manik Suri:before, I guess when people were trying to sign up for Obamacare, right?
Manik Suri:And the site crashes and everything, and just like the technology difference in how
Manik Suri:maybe the acumen of the government is now.
Manik Suri:What have you seen change in the tech slash government
Manik Suri:space along along those lines?
Manik Suri:Yeah.
Manik Suri:I mean, I think there's a lot to unpack and it's a space I spent a number of
Manik Suri:years in so I care a lot about bringing better tools into the public sector and
Manik Suri:helping folks in the public sector do more with, with modern technology stacks.
Manik Suri:I think one of the challenges has historically been that
Manik Suri:without the opportunity for massive growth and massive scale,
Manik Suri:a lot of entrepreneurs, a lot of venture capital investors won't
Manik Suri:consider deploying or building solutions for the public sector.
Manik Suri:And without seeing that hockey stick potential they tend to focus
Manik Suri:on problems where they can generate that kind of return or believe that
Manik Suri:that kind of scale is possible.
Manik Suri:I do think that's changing.
Manik Suri:I think governments are getting more thoughtful about and
Manik Suri:more effective at procurement.
Manik Suri:Buying technology and deploying it at scale.
Manik Suri:I think they're getting better at structuring the process of innovation
Manik Suri:using a combination of public-private partnerships, offices, and teams dedicated
Manik Suri:to bringing innovators into government to understand the problems and the
Manik Suri:workflow so they can build better tools.
Manik Suri:Those innovations and those improvements are making it easier to scale
Manik Suri:technology in the public sector.
Manik Suri:And I think that is making it more appealing for an entrepreneur or an
Manik Suri:investor to think about investing in the space or spending time
Manik Suri:building for the public sector?
Manik Suri:Still a very challenging environment because government
Manik Suri:is not a monolithic entity.
Manik Suri:There's federal government, state governments, local and municipal entities.
Manik Suri:And then of course you know, the ways in which technology gets built
Manik Suri:and scaled across those different you know, types of government agencies,
Manik Suri:it can be really challenging.
Manik Suri:But I I'm very excited whenever I see a gov tech or civic
Manik Suri:tech company get started.
Manik Suri:And I have a lot of friends in that space so I think it's, it's definitely
Manik Suri:moving in the right direction.
Rabiah (Host):That's that's just really cool.
Rabiah (Host):So can you talk a little bit about The Governance Lab that you guys
Rabiah (Host):founded and kind of, was there any project that excited you most when
Rabiah (Host):you were there or one of the first things you worked on thinking back?
Manik Suri:Absolutely.
Manik Suri:I mean, many things about The Gov Lab were inspiring and exciting.
Manik Suri:Lots of really interesting problems and ways of thinking about those problems.
Manik Suri:I think one of the early examples of a project that we got invited to
Manik Suri:help with was the, the UN development program UNDP was helping the government
Manik Suri:of, and the civil society in Libya,
Manik Suri:rewrite their constitution and figure out ways to improve and make
Manik Suri:the constitutional drafting and amending process more inclusive.
Manik Suri:And so we were asked to help the the UNDP team design a crowd sourced constitutional
Manik Suri:amendment drafting platform.
Manik Suri:A way to generate inputs, notice and comment remarks, feedback
Manik Suri:on various legislative changes.
Manik Suri:Super interesting and super compelling problem.
Manik Suri:One of those multifaceted political theory meets technology meets
Manik Suri:inclusion and social transformation.
Manik Suri:This was in the wake of the fall of the Gadaffi government as they
Manik Suri:were trying to rebuild Libyan civil society and make it more responsive.
Manik Suri:So that was that was an example of a project I found really intellectually
Manik Suri:fascinating and, and gratifying.
Rabiah (Host):That's great.
Rabiah (Host):And yeah, you wouldn't even think about that rewriting constitution
Rabiah (Host):could have a technology element with it.
Manik Suri:That's where I think a lot of technology can be an enabling
Manik Suri:force in these you know, many different areas of workflow that need help
Manik Suri:or that need to be overhauled it.
Manik Suri:Technology can kind of operate in the background and make things
Manik Suri:more inclusive, more effective.
Rabiah (Host):So.
Rabiah (Host):now you're at Therma which is a company you co-founded.
Rabiah (Host):How did you decide to go from public sector and service to private sector?
Manik Suri:Yeah, it was very intentional.
Manik Suri:I felt this kind of competing impulse between staying in the public
Manik Suri:sector and working on policy and moving back into the private sector.
Manik Suri:I think what what really inspired me to get started as an entrepreneur and
Manik Suri:to really dive in was the possibility of combining building a company and
Manik Suri:scaling solutions and products while also creating positive social value.
Manik Suri:And I felt after working at The Gov Lab with Beth and her team, that it
Manik Suri:would be very hard to scale technology products and technology solutions
Manik Suri:in the public sector alone or in the nonprofit sector as we were in.
Manik Suri:Without incentives, without the ability to create a lot of scale and impact.
Manik Suri:It's very hard to recruit the best talent.
Manik Suri:So we had to get engineers and designers and product leaders
Manik Suri:to work on these problems.
Manik Suri:And so we felt that if we could start a company and create.
Manik Suri:The structure that would enable a scaling and high growth model, but
Manik Suri:we can make sure that the products and solutions we built and worked on had a
Manik Suri:pro-social element to them, and really had that impact that that was a way to,
Manik Suri:to build, you know a organization that could scale, could attract the best
Manik Suri:talent while also doing something good.
Manik Suri:And so it was very intentional when we left The Gov Lab to start uh CoInspect.
Manik Suri:CoInspect was the precursor to Therma and it was it is a product that's focused
Manik Suri:on compliance and safety improvement.
Manik Suri:We started CoInspect very intentionally as a for-profit solution to try
Manik Suri:and improve broken workflow around regulation and compliance, you know,
Manik Suri:public public sector and private sector workflows that we thought we
Manik Suri:could build better technology for.
Manik Suri:We happened to end up in the food supply chain, just because of the timing.
Manik Suri:Chipotle had a food safety crisis and a bunch of restaurant businesses and food
Manik Suri:manufacturers were looking for better tools around safety and compliance.
Manik Suri:And so we started scaling CoInspect in the food supply chain between 2016 and 2019.
Manik Suri:Got to about 5,000 locations using the tool and that's when
Manik Suri:we discovered this even bigger opportunity around refrigeration.
Manik Suri:And that's how Thermo was born and happy to go into that, you know,
Manik Suri:you know, go deeper around that.
Rabiah (Host):Yeah.
Rabiah (Host):. So do you consider yourself, I've had people on who talk about conscious
Rabiah (Host):capitalism, but I've learned that the definition of that was a little
Rabiah (Host):bit different than it sounded.
Rabiah (Host):So do you consider yourself in that realm or in a different kind of realm of
Rabiah (Host):social responsibility with your company?
Manik Suri:Yeah.
Manik Suri:I mean, I I've never used the phrase conscious capitalism
Manik Suri:though I do think we're trying to build a high-impact company and
Manik Suri:a positive social impact company.
Manik Suri:I've used the phrase and thought about the phrase, social
Manik Suri:entrepreneurship, a lot more Rabiah.
Manik Suri:And so I think that we're trying to build a for-profit business that has
Manik Suri:a lot of scaling potential, but the goal is that the technology and the
Manik Suri:products that we build need to and must have a positive social impact.
Manik Suri:And I think the space we're in, which is sustainability.
Manik Suri:And taking on the climate crisis by trying to improve efficiency in
Manik Suri:the built environment, I think that has the potential to have
Manik Suri:high social impact if it scales.
Manik Suri:That's what I love about the space we work in.
Manik Suri:I think it is one of those areas of the world where you can
Manik Suri:improve profitability and advance sustainability at the same time.
Rabiah (Host):Cool.
Rabiah (Host):Yeah.
Rabiah (Host):And so let's talk about what Therma does and how it's related
Rabiah (Host):to the environmental impact.
Manik Suri:Absolutely.
Manik Suri:We're, we're very excited about the space we work in, which is refrigeration.
Manik Suri:We're building a smart refrigeration platform or a clean cooling company,
Manik Suri:trying to take a waste out of the refrigeration supply chain
Manik Suri:or the cold chain as it's called.
Manik Suri:Now, most people think about refrigeration.
Manik Suri:They think, well, it's been around forever.
Manik Suri:It works.
Manik Suri:Why do I have to worry about it?
Manik Suri:And it turns out that there's a lot of refrigeration in the world, but it's
Manik Suri:actually very inefficient and has not just a lot of waste and, and, and spoilage
Manik Suri:and, and over-consumption of resources, but also causes a lot of emmissions.
Manik Suri:And that's really what we're trying to work on, which is using technology
Manik Suri:in particular, IOT, sensors, data analytics, and a better workflow to
Manik Suri:reduce food waste, energy waste, and refrigerant leakage, all three of
Manik Suri:which are big drivers of warming.
Manik Suri:And we're doing that in ways that try and improve the cold chain to help humans out.
Manik Suri:Cold chain is important for humans because it provides access to fruits
Manik Suri:and vegetables and proteins and dairy and more and more fresh and local
Manik Suri:ingredients, but it also allows access to drugs and vaccines and blood and plasma.
Manik Suri:And so we need a lot of refrigeration and it's growing because a lot of
Manik Suri:the developing world wants more refrigeration, but we have to build
Manik Suri:that and scale that in ways that don't cause the kind of emissions
Manik Suri:that the current cold chain does.
Rabiah (Host):Well, yeah, in speaking of the vaccines, I mean, we were still
Rabiah (Host):in this COVID-19 pandemic and we learned a lot about vaccines and the fact that
Rabiah (Host):like the mRNA ones, I think, have to be at cold, cold temperatures and have to be
Rabiah (Host):really monitored or regulated and stuff.
Rabiah (Host):And I've worked in pharmaceuticals before too, and there's a lot of different
Rabiah (Host):products or drugs that need to be kept at different temperatures that
Rabiah (Host):people probably aren't even aware of.
Rabiah (Host):And so can you talk about maybe a workflow or something that could illustrate, how
Rabiah (Host):Therma is playing a role in, in that?
Manik Suri:Yeah, absolutely.
Manik Suri:So our, our product and our platform consists of sensors that can be dropped
Manik Suri:into and placed into refrigeration.
Manik Suri:And these sensors are wireless and continuously sending signal around the
Manik Suri:temperature and humidity inside the environment that allows us to reliably
Manik Suri:ensure that the products are being kept within safe and high quality zones.
Manik Suri:And so that's really the core offering, which is continuous monitoring, alert
Manik Suri:and alarm platform that lets you ensure no product gets spoiled or wasted.
Manik Suri:In addition to the sensors, we have a workflow app, a mobile application
Manik Suri:that you can use to create and manage set points to ensure alarms
Manik Suri:and alerts are set up correctly.
Manik Suri:The right team members get notified at the right time and then a dashboard where
Manik Suri:you can see reporting and ensure that all of your locations and all of your assets
Manik Suri:are kept safe and track any issues from a compliance standpoint that might occur.
Manik Suri:And so we, we have deployed this across you know, at this point I
Manik Suri:think over a thousand customers.
Manik Suri:So we're growing the business and, and have, you know, close to 10,000
Manik Suri:sensors in the world doing a whole bunch of quality and safety improvement.
Manik Suri:And we work across the supply chain primarily in food, but we do have
Manik Suri:some deployments in healthcare.
Manik Suri:So we have uh, customers, warehouses and distribution centers to supermarkets
Manik Suri:and convenience stores, restaurants, cafeterias, hotels, amusement parks.
Manik Suri:You name it.
Manik Suri:There's there's perishable product everywhere.
Manik Suri:And we, we often talk about how there are 90 million
Manik Suri:refrigerators in the business world.
Manik Suri:Not even counting the 1.4 billion in the residential world, just 90 million
Manik Suri:business refrigerators, almost none of which are monitored today or optimized.
Manik Suri:So we're working on that 90 million today.
Rabiah (Host):That's amazing.
Rabiah (Host):And did you guys develop both the hardware and the software, or how did you guys come
Rabiah (Host):to like pulling your products together?
Manik Suri:Yeah, we, we started working on Therma in the fall of 2019.
Manik Suri:We were watching users using our CoInspect product, the first product
Manik Suri:we built and they were checking all these things in their locations
Manik Suri:around compliance and safety, many different end points had to be checked.
Manik Suri:And what we noticed when we were watching users closely was that
Manik Suri:they kept checking temperatures.
Manik Suri:That was a big part of compliance and safety.
Manik Suri:And my colleague, Andrew Hager.
Manik Suri:Who's now our CTO looked up at me at one point and Andrew said, you
Manik Suri:know, I don't know if a mobile app is the best way to solve this.
Manik Suri:A mobile app still requires people to put the temperatures in manually, even
Manik Suri:though you know, it's better than a paper clipboard it still ultimately
Manik Suri:requires a lot of manual workflow.
Manik Suri:And so, he and I discussed that problem and said, well,
Manik Suri:what if we could automate it?
Manik Suri:What if we use automation instead of a mobile workflow?
Manik Suri:And we ended up looking into and discovering that there was a new way to
Manik Suri:get signal for refrigeration reliably using long range radio, which is much more
Manik Suri:reliable than the previous technologies, which are wifi and Bluetooth based.
Manik Suri:And that's really how Therma was born.
Manik Suri:Therma is short for temperature, humidity, energy, remote, monitoring, application.
Manik Suri:And so we started using LoRa long range radios uh, sensor.
Manik Suri:We develop the software and the platform that integrates hardware and software.
Manik Suri:So we started by originally building hardware and software, and now we focus
Manik Suri:on software and analytics where we think there's a lot more value longterm.
Manik Suri:And we use uh, partners on the hardware side to scale.
Rabiah (Host):Cool.
Rabiah (Host):That's awesome.
Rabiah (Host):And just to figure out the new technology and also just I think.
Rabiah (Host):well, I mean, depends on who's listening, but there's at least probably one other
Rabiah (Host):business process person that's interested in that aspect of things, but really
Rabiah (Host):about creating efficiencies where there aren't, because a lot of times in a lot
Rabiah (Host):of businesses they're just inefficiencies
Rabiah (Host):and so it's exciting to hear about your product and just, the problem
Rabiah (Host):it's trying to solve is one that's really going to continue to be one.
Rabiah (Host):, well done on that, identifying that kind of problem.
Rabiah (Host):Cause that's hard to do.
Rabiah (Host):Um, So as far as the humidity, cause you've mentioned that a couple
Rabiah (Host):of times, does the humidity help indicate when there's leakage in the
Rabiah (Host):refrigeration or what's the humidity measure do just out of curiosity?
Manik Suri:Yeah, well, a lot of products have a humidity sensitivity to them.
Manik Suri:So certain products like chocolates and cheeses require humidity
Manik Suri:monitoring in addition to temperature monitoring, to ensure safety
Manik Suri:and quality doesn't have issues.
Manik Suri:And so we have uh, we also use the humidity to sometimes
Manik Suri:track equipment issues.
Manik Suri:So it can be valuable from a direct standpoint in terms of the products
Manik Suri:that are stored and also indirectly to help us with our equipment
Manik Suri:downtime prevention approach.
Manik Suri:And we, we also focus on that, trying to make sure that refrigeration assets
Manik Suri:don't go down and prevent last minute, last mile failures and, and loss.
Rabiah (Host):Yeah.
Rabiah (Host):Okay.
Rabiah (Host):So for you, are you enjoying the entrepreneurship now and, and owning
Rabiah (Host):a company and, product in this way versus what you were doing, where you
Rabiah (Host):were really I think working for other people on their their needs and ideas?
Manik Suri:Absolutely.
Manik Suri:I'm loving it.
Manik Suri:It's, it's a, it's a blast to be an entrepreneur.
Manik Suri:It's definitely hard.
Manik Suri:I've never had a, a role that was as emotionally challenging or you know, or,
Manik Suri:or kind of volatile, I guess, you know, the, the kind of fluctuations in the
Manik Suri:highs and lows can be really significant.
Manik Suri:You have days where you think, oh, my gosh, I'm on top of the world
Manik Suri:where everything is working great.
Manik Suri:And then other days where it feels like everything is breaking,
Manik Suri:what am I doing with my life?
Manik Suri:And everything in between.
Manik Suri:So it's, it's very much a a rollercoaster as many
Manik Suri:people have called startups.
Manik Suri:But I do love the freedom to build and to scale in directions that.
Manik Suri:Like they resonate with my values and my goals.
Manik Suri:And I love that a Therma has brought together a team
Manik Suri:we're close to 70 people now.
Manik Suri:I love that we brought together a team that is very mission
Manik Suri:driven and very impact oriented.
Manik Suri:I think that's one of the themes in our team.
Manik Suri:You'll see people really care about the future of food and the
Manik Suri:future of the planet about improving health and improving access to high
Manik Suri:quality product, but also doing it in ways that protect the planet.
Rabiah (Host):Awesome.
Rabiah (Host):And do you guys have a way that you've found that you really anchor
Rabiah (Host):yourself in that mission or in your values that's worked well?
Rabiah (Host):I mean, you're still a really new company, so it's like critical time, but a good
Rabiah (Host):time to establish stuff versus if you went into another company and did that.
Rabiah (Host):So is there anything that has worked for you that you want to share?
Manik Suri:I think it's a really hard thing to do, Rabiah, especially
Manik Suri:in a remote first environment.
Manik Suri:It's hard enough to build culture in a pre COVID era where people were seeing each
Manik Suri:other every day and talking regularly.
Manik Suri:And we've been taking a more and more of a kind of intentional active
Manik Suri:approach as we've gotten bigger.
Manik Suri:You know, when you're three people or five people, it's easier to set culture
Manik Suri:and to maintain alignment because everyone's talking every day continuously.
Manik Suri:I think you know, now we're in, in, in kind of a slightly new
Manik Suri:phase, both growing the team, but also working primarily remote.
Manik Suri:So we've done things recently around quarterly offsite onsites
Manik Suri:where we bring the team together.
Manik Suri:We go through a series of workshops.
Manik Suri:Those workshops cover different topics that are generated by the team.
Manik Suri:And, in the process of doing that kind of bottoms up workshopping we've unpacked
Manik Suri:themes around recruiting and talent acquisition, around sustainability
Manik Suri:and walking the walk, and around vision and creating transparency
Manik Suri:and ensuring everyone understands.
Manik Suri:Some of those I think ideas that have come from workshops have really
Manik Suri:improved from a leadership standpoint, how we maintain alignment, what we do.
Manik Suri:It's changed our policies.
Manik Suri:It's changed our approach to sharing information internally, how we hire.
Manik Suri:Lots of things have been affected by that in a good way.
Manik Suri:And I think that that creating the space where the team feels they can
Manik Suri:share feedback and make suggestions has really helped with building the culture.
Manik Suri:I also think it's just great to get people together in person every
Manik Suri:so often, if you can safely, and there's no substitute for that.
Rabiah (Host):I agree and I I've been remote myself for five years and the
Rabiah (Host):company I work for has always been remote, but we would gather once a year.
Rabiah (Host):And of course we can do that last two years.
Rabiah (Host):And so now it's, it's definitely been felt, you know what I mean?
Rabiah (Host):And, and we're going to get together this year, we think,
Rabiah (Host):but you're absolutely right,
Rabiah (Host):it's hard to maintain those things and you do have to be intentional.
Rabiah (Host):So that's great that you guys kind of, you guys have figured that out.
Rabiah (Host):You were first in public policy in the public space, which I know
Rabiah (Host):it can be hard on people because you're doing such important work.
Rabiah (Host):It's hard to separate yourself for it.
Rabiah (Host):And now you're doing your company, but similar situation now you're responsible
Rabiah (Host):for a lot of these employees and stuff.
Rabiah (Host):So how, what do you do outside of that to kind of maintain balance for yourself?
Manik Suri:Well, I mean, I, I definitely feel that tension as an entrepreneur.
Manik Suri:I think it's really hard when you're building something from the
Manik Suri:ground up to not feel like there's always more work than there is time.
Manik Suri:So that feeling of "oh my gosh, there's so much to do," has always been hard.
Manik Suri:I think you know, for me in, in my past work as working in policy and finance,
Manik Suri:but also as an entrepreneur, as a different kind of personal significance
Manik Suri:that said I've been thrilled this past year to start spending a lot more time at
Manik Suri:home because I have an eight month old.
Manik Suri:So that's been one of
Manik Suri:the things that's consuming more and more of my time on nights
Manik Suri:and weekends and early mornings.
Manik Suri:I would say before our daughter Aria was born, my wife and I, we've been together
Manik Suri:for a long time for over 20 years.
Manik Suri:We met in college as freshmen so we've been really fortunate
Manik Suri:to kind of grow up together.
Manik Suri:And so we, we always I think enjoyed similar activities.
Manik Suri:Pre pandemic.
Manik Suri:We would do a lot of travel.
Manik Suri:We really enjoyed meeting up with friends and, and kind of visiting them
Manik Suri:in different parts of the country.
Manik Suri:More recently it's been local hikes and walks and we, we have a dog we got in
Manik Suri:early 2020, that's been keeping us active.
Manik Suri:Espresso.
Manik Suri:So I think it's really the small stuff these days, Rabiah.
Manik Suri:it's the, it's the morning mat time with the baby or the evening walk
Manik Suri:in the park, but definitely keeps it safe and a good excuse to turn off.
Rabiah (Host):Nice.
Rabiah (Host):Well, congratulations.
Rabiah (Host):I mean a little late, but yeah, that's, that's awesome.
Rabiah (Host):Yeah.
Rabiah (Host):So like new puppy then new kid, I guess you could try kitten next if
Rabiah (Host):you want another baby around, but.
Manik Suri:I think we're . we're hold off on any more dependent creatures
Manik Suri:for a little while, thank you.
Rabiah (Host):That's a good idea.
Rabiah (Host):All right.
Rabiah (Host):So do you have any advice or mantra that you like to share or just something that
Rabiah (Host):was bestowed upon you that you think is just generally good for people to kind
Rabiah (Host):of think about in their day-to-day?
Manik Suri:My dad always said, and still says to me you know,
Manik Suri:always believe in yourself.
Manik Suri:I admire that simplicity and the kind of the wisdom that, that encapsulates.
Manik Suri:It's not easy to do.
Manik Suri:And I've struggled many times with the fear of failure or with the thought that
Manik Suri:it's not working out and a desire to quit or to, to abandon what I'm doing.
Manik Suri:I really admire that advice.
Manik Suri:And I look up to my dad a lot so that's one thing that stayed with me, kind of
Manik Suri:just, you know, truly believe in yourself.
Manik Suri:Whatever it is that you think.
Manik Suri:The world needs or that you want to do to show up really
Manik Suri:have confidence have conviction.
Manik Suri:And, and that's something I'm trying to do every single day.
Manik Suri:And I think as a daily, it's a daily mantra for that reason.
Rabiah (Host):Nice.
Rabiah (Host):That's good.
Rabiah (Host):And that's nice dad advice too.
Rabiah (Host):I mean that you got it from him.
Rabiah (Host):The next set of questions is just called the Fun Five and it's just
Rabiah (Host):kind of some things I like to, I think are interesting to know about people.
Rabiah (Host):So we'll start with what's the oldest t-shirt you have and still wear?
Manik Suri:I have a a t-shirt that I got in india when I had gone in 2005 with
Manik Suri:some friends after college for a visit.
Manik Suri:It was in a small hill station in the mountains called Dharamsala and it
Manik Suri:was a t-shirt with The, the Hindu God Ganesha on it, which I really love.
Manik Suri:It's one of those kinds of spawn t-shirts that, you know, simple but powerful.
Manik Suri:Ganesha is the remover of obstacles in, in kind of shorthand.
Manik Suri:That's what he's known for.
Manik Suri:And, if you're off the Hindu faith, we look up to him as someone who helps
Manik Suri:enable and make possible our dreams.
Manik Suri:And so I, I love that shirt.
Manik Suri:It's also super comfy and reminds me of a great time in my life.
Manik Suri:But yeah, that's probably the oldest shirt I still have.
Rabiah (Host):Oh, that's really cool.
Rabiah (Host):All right.
Rabiah (Host):And It felt like it was Groundhog's Day for awhile, like in the
Rabiah (Host):movie cause we'd just get up and did the same thing every day.
Rabiah (Host):If it really was Groundhog's Day, what song would you have play on
Rabiah (Host):your alarm clock every morning?
Manik Suri:I found this song just another Manic Monday had come out when I was a
Manik Suri:kid and it became a joke because people would sometimes pronounce my name "manic",
Manik Suri:but you know, because it's "mon-ic" and that song had come out, it was
Manik Suri:just, it kind of took over for a while.
Manik Suri:Uh, But I, I'm a kind of high energy person.
Manik Suri:I love the start of the week and getting going.
Manik Suri:So I think I liked that it's kind of got a peppy, like, let's go,
Manik Suri:let's go just another Manic Monday.
Manik Suri:And sometimes I feel like that, you know, living and working
Manik Suri:from home amidst a pandemic.
Manik Suri:It's like, what day of the week is it, you know?
Manik Suri:Hard to remember.
Rabiah (Host):I know I've gotten more than one text from friends just saying.
Rabiah (Host):Like have a good weekend.
Rabiah (Host):And I'm like, okay.
Rabiah (Host):But we saw Friday and they're like, oh, come man.
Rabiah (Host):The disappointment, even through texts, you can tell is there.
Rabiah (Host):So I know
Manik Suri:Yes.
Rabiah (Host):that.
Rabiah (Host):All right.
Rabiah (Host):Coffee or tea or neither?
Manik Suri:Absolutely coffee.
Manik Suri:I I kind of joked that I'm addicted, but having a newborn will
Manik Suri:definitely increase that addiction.
Manik Suri:If you're not already.
Manik Suri:I love any coffee.
Manik Suri:Love to make it in many different ways.
Manik Suri:I think we've got a French press and a pour over and a
Manik Suri:traditional machine in the house.
Manik Suri:So, I'm very much coffee drinker.
Rabiah (Host):Well and you named your dog Espresso so that just,
Manik Suri:That's a pretty much tell everyone
Rabiah (Host):yeah.
Manik Suri:itself.
Rabiah (Host):Yeah, tipped me off.
Rabiah (Host):Cool.
Rabiah (Host):All right.
Rabiah (Host):So can you think of something that just makes you laugh so hard you
Rabiah (Host):cry or just crack up when you think of it or something that happened
Rabiah (Host):recently that, that did that?
Manik Suri:I was on, yeah, I was watching my daughter try out this
Manik Suri:new You know, kind of toy slash piece of equipment called the
Manik Suri:Jolly Jumper which my wife found.
Manik Suri:My wife has a habit of finding these like amazing baby products going down
Manik Suri:various websites and they show up at the house at an Amazon package.
Manik Suri:And we're like, what is this thing?
Manik Suri:But this product has been around for apparently like close to a
Manik Suri:hundred years since like the 1930s.
Manik Suri:And it's still the same way.
Manik Suri:It's like, stand and you can put an infant in it and strap them in and they
Manik Suri:can kind of get the feeling of jumping up and down, but they're well-protected
Manik Suri:and they can kind of stand on their tippy toes and she's turned eight months today
Manik Suri:and she started using it on Saturday.
Manik Suri:And was.
Manik Suri:I've never seen a jollier look on her face.
Manik Suri:And I was just laughing to myself.
Manik Suri:Like she is literally jumping up and down with a jolly expression.
Manik Suri:This is like the best named product.
Manik Suri:Probably the best product I've seen for what it does.
Manik Suri:It's like, no wonder they're out for a hundred years.
Manik Suri:It was great.
Manik Suri:I was cracking up.
Rabiah (Host):Yeah.
Rabiah (Host):Yeah, I know it's when you're talking about.
Rabiah (Host):It's so simple.
Manik Suri:so simple.
Rabiah (Host):just, yeah, they just, I mean, actually, probably
Rabiah (Host):be fun for adults too really,
Manik Suri:I think so.
Manik Suri:I think so if only I were that nimble.
Manik Suri:Yeah,
Rabiah (Host):Exactly.
Rabiah (Host):Yeah oh, cool.
Rabiah (Host):And who inspires you right now?
Manik Suri:it's a really hard you know, it's hard to name just one person.
Manik Suri:There's so many people I look up to in the world.
Manik Suri:I I definitely feel inspired by, I think I said it earlier, but
Manik Suri:I feel inspired by my dad a lot.
Manik Suri:There's a quote or a saying, "the older I get the wiser, my dad becomes."
Manik Suri:Which is kind of like a, you know, there's a certain time when lessons
Manik Suri:and insights make more and more sense.
Manik Suri:And I think he used to say a lot of stuff to me when I was a kid
Manik Suri:that I would just roll my eyes at and as I've become a dad myself.
Manik Suri:And it was our first baby.
Manik Suri:And as I kind of think about many of his encouragements and advice I, I reflect
Manik Suri:on how grounded and how thoughtful and how caring he was and has been.
Manik Suri:So yeah, I'd say he's someone who inspires me every day tries to, you know,
Manik Suri:it makes me want to be a better dad.
Rabiah (Host):Awesome.
Rabiah (Host):Yeah, so that's, that's great.
Rabiah (Host):All right.
Rabiah (Host):Well, Manik, thanks so much.
Rabiah (Host):I really appreciate you doing this.
Rabiah (Host):So, if people want to find you or learn more about Therma, where should they go?
Manik Suri:Absolutely.
Manik Suri:We'd love to connect.
Manik Suri:If you're interested in learning more about the company getting involved or
Manik Suri:exploring partnerships, our website is hello therma dot com (hellotherma.com).
Manik Suri:That's hello therma dot com (hellotherma.com).
Manik Suri:Or you can reach out to me directly.
Manik Suri:It's Manik, M A N I K at hello therma dot com (manik @ hellotherma (dot).
Manik Suri:And we're also on social on LinkedIn and Twitter at hello therma (@hellotherma).
Manik Suri:We'd love to hear from you.
Manik Suri:We have a dozen open roles.
Manik Suri:They're largely remote and we're also raising capital and building partnerships.
Manik Suri:So please reach out.
Rabiah (Host):Amazing.
Rabiah (Host):Well, that'll all be in the show notes and I really appreciate your time
Rabiah (Host):and it's been great to talk to you.
Manik Suri:Pleasure.
Manik Suri:This was fun!
Rabiah (Host):Thanks for listening.
Rabiah (Host):You can learn more about the guests and what was talked about in the show notes.
Rabiah (Host):Joe Maffia created the music you're listening to.
Rabiah (Host):You can find him on Spotify at Joe M A F F I A.
Rabiah (Host):Rob Metke does all the design for which we are so grateful.
Rabiah (Host):You can find him online by searching Rob M E T K E.
Rabiah (Host):Please leave review if you'd like to show and get in touch if you
Rabiah (Host):have feedback or guest ideas.
Rabiah (Host):The pod is on all the social channels at at more than work pod
Rabiah (Host):(@morethanworkpod) or at Rabiah Comedy (@rabiahcomedy) on TikTok.
Rabiah (Host):And the website is more than work pod dot com (morethanworkpod.com).
Rabiah (Host):While being kind to others, don't forget to be kind to yourself.