About Aereon
Aereon is a company based in Austin (United States) founded in 1984 was acquired by Cimarron in May 2020. It operates as a Professional Services, and Pay-per-Use / Usage-Based. Aereon has completed 1 acquisition, including Abutec. Aereon offers products and services including Flare Systems, Enclosed Combustion Systems, Gas & Vapor Recovery Systems, and Rentals and Services.
- Headquarter Austin, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aereon S.R.L.
- Date of Incorporation 07 Jan, 2016
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$598.3 K (USD)48.75as on Mar 31, 2023
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Net Profit
$89.34 K (USD)138.12as on Mar 31, 2023
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EBITDA
$184.81 K (USD)66.3as on Mar 31, 2023
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Latest Funding Round
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Investors
Cimarron Solutions
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Cimarron
(May 04, 2020)
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Products & Services of Aereon
Aereon offers a comprehensive portfolio of products and services, including Flare Systems, Enclosed Combustion Systems, Gas & Vapor Recovery Systems, and Rentals and Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flare systems are provided for emissions control solutions.
Enclosed combustors are offered for safe emissions management.
Recovery systems are designed for gas emission control.
Rental units and services are provided for clients.
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Funding Insights of Aereon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Private Equity Round - Aereon | Valuation | Turnbridge Capital |
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| 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 Aereon
Aereon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cimarron Solutions and Turnbridge Capital. 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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Turnbridge Capital is engaged in private equity investments targeting middle-market energy and infrastructure companies.
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Founded Year | Domain | Location | |
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Oil and gas equipment is manufactured by Cimarron.
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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 Aereon
Aereon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Abutec. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of emissions control services
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aereon
| 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 |
Aereon Comparisons
Competitors of Aereon
| 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 Aereon
When was Aereon founded?
Aereon was founded in 1984 and raised its 1st funding round 27 years after it was founded.
Where is Aereon located?
Aereon is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
What is the annual revenue of Aereon?
Annual revenue of Aereon is $598.3K as on Mar 31, 2023.
What does Aereon do?
Aereon is established as a leading provider of environmental solutions tailored for the oil and gas sector. The company is focused on delivering advanced emissions management technology and equipment. Solutions offered include flare systems, enclosed combustion systems, and gas and vapor recovery units. Comprehensive technical support services are provided across more than 45 countries. Aereon is committed to cost-effective and environmentally conscious practices. As part of the Cimarron group, the company operates internationally with a broad product line. Its mission is centered on sustainability in energy production.
What products or services does Aereon offer?
Aereon offers Flare Systems, Enclosed Combustion Systems, Gas & Vapor Recovery Systems, and Rentals and Services.
How many acquisitions has Aereon made?
Aereon has made 1 acquisition, including Abutec.
Who are Aereon's investors?
Aereon has 2 investors. Key investors include Cimarron Solutions, and Turnbridge Capital.
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