About 7AC
7AC is a Business Services company based in Beverly (United States) founded in 2009, and was acquired by Emerson in November 2020. Cooling solutions using evaporative technology are provided for industrial applications. It operates in the Business Services and Energy & Utilities sectors. 7AC has raised $26.76 million across 8 funding rounds from investors including 3M, Emerson and Clean Energy Venture Group. The company has 15 employees. 7AC offers products and services including Precision Cooling and Climate Control Technology. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and HVAC. Its legal entity is 7AC TECHNOLOGIES, INC. Its competitors include Particle, Span.IO and PowerSecure; 2 of its 3 listed competitors have raised funding.
Company details
The company was founded in 2009 and is based in Beverly, United States. Operations focus on the HVAC sector, where evaporative technology is utilized to deliver cooling solutions for industrial use. A membrane-isolated plastic plate system is offered to support liquid desiccant-based systems. Humidity control and energy cost reduction are facilitated through these applications.
- Headquarters Beverly, United States
- Employees 15
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities
- Phone•••• ••••
- Website 7actech.com
- Social LinkedIn
- Acquired by Emerson (Nov 2020)
- Legal Name 7Ac Technologies, Inc.
Products & Services of 7AC
7AC offers a comprehensive portfolio of products and services, including Precision Cooling and Climate Control Technology.
Delivers exact air conditions to reduce energy waste and enhance comfort.
Improves efficiency by controlling humidity and temperature independently.
Funding Insights of 7AC
7AC has successfully raised a total of $26.76M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $8 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $26.76M
- Total Rounds 8
- Last Round Series C — $8M
- First Round $460,000
(Dec 2011)
- Investors Count 3
All 8 funding rounds of 7AC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $8M | Series C | – | – | – |
| Jul 2016 | $6.25M | Series C | – | – | – |
| Jun 2015 | $4.93M | Series C | – | – | – |
| Nov 2014 | $1.25M | Series B | – | – | – |
| Dec 2013 | $1M | Series B | – | – | – |
| Jul 2012 | $2.5M | Series B | – | 3M | – |
| Mar 2012 | $2.38M | Series A | – | – | – |
| Dec 2011 | $460,000 | Seed | – | Clean Energy Venture Group, 1&12 Ventures | – |
4 investors in total: 4 institutional.
Investors in 7AC
7AC has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include 3M, Emerson and Clean Energy Venture Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage climate tech startups are supported with seed capital. | cevg.com | |||
| 1and12.biz | ||||
3M is recognized as a global leader in industrial innovation. | 1902 | 3m.com | United States | |
Automation and engineering services are provided for multiple industries. | 1890 | emerson.com | St. Louis, United States |
Investor details for 7AC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of 7AC
4 dated milestones of 7AC across 11 years, from founding to its latest funding, stage changes and deals.
- Founded 7AC is founded.
- Funding First funding round of $460K.
- Funding Latest funding round, Series C, of $8.0M.
- Exit Acquired by Emerson.
Competitors of 7AC
7AC has 3 listed competitors in our database, 2 of them funded. They include Particle, Span.IO and PowerSecure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions |
Detailed competitors of 7AC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Facility Management Platforms
3 companies that operate in the same segment as 7AC (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Frequently Asked Questions about 7AC
7AC was founded in 2009 and raised its 1st funding round 2 years after it was founded.
7AC is headquartered in Beverly, United States. It is registered at Beverly, Massachusetts, United States.
7AC is a funded company, having raised a total of $26.76M across 8 funding rounds to date. The company's 1st funding round was a Seed of $460K, raised on Dec 2011.
7AC has 15 employees.
The company was founded in 2009 and is based in Beverly, United States. Operations focus on the HVAC sector, where evaporative technology is utilized to deliver cooling solutions for industrial use. A membrane-isolated plastic plate system is offered to support liquid desiccant-based systems. Humidity control and energy cost reduction are facilitated through these applications.
7AC's top competitors include Particle, Span.IO and PowerSecure.
7AC offers Precision Cooling and Climate Control Technology.
7AC has 4 investors. Key investors include 3M, Emerson, Clean Energy Venture Group, and 1&12 Ventures.
7AC operates through 7Ac Technologies, Inc..
Yes. 7AC was acquired by Emerson in November 2020.