Airthings

Oslo, Norway Founded: 2008 • Age: 18 yrs
Smart radon detector
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About Airthings

Airthings is a company based in Oslo (Norway) founded in 2008.. Airthings has raised $9.5 million across 2 funding rounds from investors including Aksel Lund Svindal. Airthings has completed 1 acquisition, including Airtight. Airthings offers products and services including View Plus, Renew Air Purifier, and Corentium Home. Airthings operates in a competitive market with competitors including Resideo, Wynd Technologies, Awair, uHoo and Blueair, among others.

  • Headquarter Oslo, Norway
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.5 M (USD), Series A

    Apr 12, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Airthings

Airthings offers a comprehensive portfolio of products and services, including View Plus, Renew Air Purifier, and Corentium Home. 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.

Primary

Monitors indoor air for radon and pollutants in homes.

Removes fine particles and improves air quality indoors.

Detects radon levels for safer living environments.

People of Airthings
Headcount 50-200
Employee Profiles 29
Employee Profiles
People
Heather Kweiser
Senior Key Account Manager
People
Nicolai Grevstad
Senior Customer Experience Manager
People
Andy Brown
Amazon E-Commerce Manager
People
Rémy Journet
Business Development Manager

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Funding Insights of Airthings

Airthings has successfully raised a total of $9.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in April 2019. 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 Rounds 2
  • Last Round Series A — $6.5M
  • First Round

    (01 Jun 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2019 Amount Series A - Airthings Valuation Aksel Lund Svindal
Jun, 2017 Amount Seed - Airthings Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Airthings

Airthings has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Aksel Lund Svindal. 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.

All
Angel
Investor Description Founded Year Domain Location

Aksel Lund Svindal

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Airthings

Airthings has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Airtight. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Sensor based solution for detailed analysis of energy waste for individual buildings
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Airthings

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Airthings Comparisons

Employees
+
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Competitors of Airthings

Airthings 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 Resideo, Wynd Technologies, Awair, uHoo and Blueair, 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
Smart home products for security and energy efficiency are provided.
domain founded_year HQ Location
Smart air purifiers are provided for monitoring and purification.
domain founded_year HQ Location
Developing smart connected air related products
domain founded_year HQ Location
Indoor air quality is monitored via online platform with sensors.
domain founded_year HQ Location
Smart air purifiers are offered via an internet-first brand model.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Airthings

Frequently Asked Questions about Airthings

When was Airthings founded?

Airthings was founded in 2008 and raised its 1st funding round 9 years after it was founded.

Where is Airthings located?

Airthings is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Is Airthings a funded company?

Airthings is a funded company, having raised a total of $9.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 01, 2017.

What does Airthings do?

Airthings is a manufacturer of radon detectors using accurate technologies. Their product Wave, is a smart radon detector that works with or without a smartphone. Users need to simply wave the hand in front of the detector to get a visual indication of radon levels even in the dark.

Who are the top competitors of Airthings?

Airthings's top competitors include Resideo, uHoo and Blueair.

What products or services does Airthings offer?

Airthings offers View Plus, Renew Air Purifier, and Corentium Home.

How many acquisitions has Airthings made?

Airthings has made 1 acquisition, including Airtight.

Who are Airthings's investors?

Airthings has 1 investor. Key investors include Aksel Lund Svindal.

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