About Aeroseal
Aeroseal is a company based in Miamisburg (United States) founded in 1993 by Mark Modera was acquired by Carrier in June 2001.. Aeroseal has raised $119 million across 3 funding rounds from investors including Carrier, Beazer Homes and Breakthrough Energy. Aeroseal has completed 1 acquisition, including Aeroseal Arabia. Aeroseal operates in a competitive market with competitors including Wrench Group, American Residential Services, Goettl Air Conditioning, Hajoca and Nana, among others.
- Headquarter Miamisburg, United States
- Founders Mark Modera
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Sectors
Business ServicesTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Funding Insights of Aeroseal
Aeroseal has successfully raised a total of $119M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $67 million completed in July 2023. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $67.0M
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First Round
First Round
(22 Jun 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Aeroseal | Valuation | Breakthrough Energy , Climate Investment | |
| Feb, 2023 | Amount | Series B - Aeroseal | Valuation | OGCI |
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| Jun, 2021 | Amount | Series A - Aeroseal | Valuation | Breakthrough Energy |
| 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 Aeroseal
Aeroseal has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Carrier, Beazer Homes and Breakthrough Energy. 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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Climate solutions are advanced via venture capital and startup acceleration.
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Founded Year | Domain | Location | |
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Building Ventures is focused on investing in built environment innovations.
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Founded Year | Domain | Location | |
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Early-stage startups are targeted for investment by Aramco Ventures.
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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 Aeroseal
Aeroseal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aeroseal Arabia. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Aeroseal Arabia is engaged in providing duct sealing solutions.
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| 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 - Aeroseal
| 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 |
Aeroseal Comparisons
Competitors of Aeroseal
Aeroseal 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 Wrench Group, American Residential Services, Goettl Air Conditioning, Hajoca and Nana, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web application that enables tradesmen to create customized preventive maintenance programs
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| domain | founded_year | HQ Location |
Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses
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| domain | founded_year | HQ Location |
HVAC and plumbing services are provided by Goettl Air Conditioning.
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| domain | founded_year | HQ Location |
Offers comprehensive HVAC repair, plumbing, and other maintenance services.
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an app-based retail platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Aeroseal
Frequently Asked Questions about Aeroseal
When was Aeroseal founded?
Aeroseal was founded in 1993 and raised its 1st funding round 28 years after it was founded.
Where is Aeroseal located?
Aeroseal is headquartered in Miamisburg, United States. It is registered at Miamisburg, Ohio, United States.
Who is the current CEO of Aeroseal?
Amit Gupta is the current CEO of Aeroseal.
Is Aeroseal a funded company?
Aeroseal is a funded company, having raised a total of $119M across 3 funding rounds to date. The company's 1st funding round was a Series A of $22M, raised on Jun 22, 2021.
What does Aeroseal do?
Aeroseal was founded in 1993 by Mark Modera in Miamisburg, United States. Duct sealing services are delivered to residential and industrial clients, focusing on the HVAC and energy efficiency sector. Operations center on aerosol-based sealing technology to address air leakage in ductwork. The company is led by CEO Amit Gupta, with activities conducted primarily in the United States through aeroseal.com.
Who are the top competitors of Aeroseal?
Aeroseal's top competitors include Wrench Group, Nana and Service Experts.
How many acquisitions has Aeroseal made?
Aeroseal has made 1 acquisition, including Aeroseal Arabia.
Who are Aeroseal's investors?
Aeroseal has 9 investors. Key investors include Carrier, Beazer Homes, Breakthrough Energy, Climate Investment, and Building Ventures.
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