About 7AC
7AC is a company based in Beverly (United States) founded in 2009 was acquired by Emerson in November 2020. 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 as of December 31, 2022. 7AC offers products and services including Precision Cooling and Climate Control Technology. 7AC operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
- Headquarter Beverly, United States
- Employees 15 as on 31 Dec, 2022
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Sectors
Business ServicesEnergy & Utilities
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Phone
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- Legal Name 7Ac Technologies, Inc.
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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.
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.
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Early-stage climate tech startups are supported with seed capital.
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3M is recognized as a global leader in industrial innovation.
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Investor details for 7AC
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Investments & Acquisitions by 7AC
Investment portfolio details for 7AC
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Financial Statements - 7AC
Detailed financials for 7AC
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7Ac Comparisons
Peer comparison for 7AC
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Competitors of 7AC
7AC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy efficiency and smart grid management solutions
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of 7AC
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Latest news on 7Ac
Complete news archive for 7AC
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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.
As of Dec 31, 2022, the latest employee count at 7AC is 15.
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, Landis+Gyr and Signify.
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.