About AbsolutAire
AbsolutAire is a company based in United States founded in 1998 was acquired by Modine Manufacturing Company in March 2025.. The company has 92 employees as of December 31, 2022.
- Headquarter United States
- Employees 92 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Absolutaire, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
92
as on Dec 31, 2022
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Acquired by
Modine Manufacturing Company
(Mar 11, 2025)
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Funding Insights of AbsolutAire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AbsolutAire
AbsolutAire has secured backing from 1 investor. Prominent investors backing the company include Modine Manufacturing Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Heat transfer products for vehicles are manufactured and supplied.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AbsolutAire
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AbsolutAire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Absolutaire Comparisons
Competitors of AbsolutAire
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AbsolutAire
When was AbsolutAire founded?
AbsolutAire was founded in 1998.
Where is AbsolutAire located?
AbsolutAire is headquartered in United States.
How many employees does AbsolutAire have?
As of Dec 31, 2022, the latest employee count at AbsolutAire is 92.
What does AbsolutAire do?
Manufacturer of direct and indirect fired make-up air and heatingventilating systems. These systems are designed for various applications, including kitchen and food service, heavy and light industrial settings, warehousing, paint spray and bake operations, and waterwastewater treatment. The company offers solutions for new construction, retrofits, and upgrades, focusing on cost-effective, environmentally conscious designs. They utilize advanced heat exchanger technologies and work closely with engineers, contractors, and facility owners to provide tailored solutions. The systems are designed to optimize indoor air quality by delivering tempered air to meet ventilation requirements.
Who are AbsolutAire's investors?
AbsolutAire has 1 investor. Key investors include Modine Manufacturing Company.