About Adept Materials
Adept Materials is a company based in Somerville (United States) founded in 2018 by Derek Stein. Adept Materials has raised $4.36 million across 6 funding rounds from investors including PulteGroup, DOE and DR Horton. Adept Materials operates in a competitive market with competitors including Leadax and Weatherskin, among others.
- Headquarter Somerville, United States
- Founders Derek Stein
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Sectors
Real Estate & Construction
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.36 M (USD)
in 6 rounds
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Latest Funding Round
$4 M (USD), Seed
Jul 22, 2024
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Investors
PulteGroup
& 7 more
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Employee Count
Not available
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Funding Insights of Adept Materials
Adept Materials has successfully raised a total of $4.36M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in July 2024. 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 Adept Materials
Adept Materials has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include PulteGroup, DOE and DR Horton.
| Investor | Description | Founded Year | Domain | Location |
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Accelerator & incubator focused on clean energy firms
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Investment expertise and capital are provided by Point Cove.
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Startups are accelerated via a 12-week program with funding support.
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Investor details for Adept Materials
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Investments & Acquisitions by Adept Materials
Investment portfolio details for Adept Materials
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Financial Statements - Adept Materials
Detailed financials for Adept Materials
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Adept Materials Comparisons
Peer comparison for Adept Materials
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Competitors of Adept Materials
Adept Materials 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 Leadax and Weatherskin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of waterproof building materials
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Produces innovative eco-friendly coatings for construction, agriculture, and industrial applications worldwide.
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Detailed competitors of Adept Materials
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Latest news on Adept Materials
Complete news archive for Adept Materials
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Frequently Asked Questions about Adept Materials
Adept Materials was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Adept Materials is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Derek Stein is the current CEO of Adept Materials. They have also founded this company.
Adept Materials is a funded company, having raised a total of $4.36M across 6 funding rounds to date.
Adept Materials was founded in 2018 and is based in Somerville, United States. Operations focus on the production of advanced materials used in coatings, overlays, and films. These materials enable directional vapor control, humidity regulation, and temperature management. Applications span construction, apparel, packaging, and healthcare sectors, supporting functional performance in diverse industries.
Adept Materials's top competitors include Leadax and Weatherskin.
Adept Materials has 8 investors. Key investors include PulteGroup, DOE, DR Horton, MassCEC, and Gener8tor.