About AlgenAir
AlgenAir is a company based in Baltimore (United States) founded in 2018 by Daniel Fucich and Kelsey Abernathy.. AlgenAir has raised $100 thousand across 1 funding round. AlgenAir operates in a competitive market with competitors including Lasko, Pyure, Rabbit Air, Paragon Water Systems and Grow Fragrance, among others.
- Headquarter Baltimore, United States
- Founders Daniel Fucich, Kelsey Abernathy
-
Sectors
ConsumerRetail Environment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$92.35 K132as on Dec 31, 2022
-
Net Profit
$-137.51 K-32as on Dec 31, 2022
-
EBITDA
-
Total Equity Funding
$100 K (USD)
in 1 rounds
-
Latest Funding Round
$100 K (USD), Seed
Oct 27, 2022
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of AlgenAir
AlgenAir has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in October 2022. 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 1
- Last Round Seed — $100,000
-
First Round
First Round
(27 Oct 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - AlgenAir | 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 |
Investments & Acquisitions by AlgenAir
| 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 |
Financial Statements - AlgenAir
| 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 |
Algenair Comparisons
Competitors of AlgenAir
AlgenAir 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 Lasko, Pyure, Rabbit Air, Paragon Water Systems and Grow Fragrance, 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 |
Provider of home care products
|
|
| domain | founded_year | HQ Location |
Air purification systems are manufactured by HGI Industries.
|
|
| domain | founded_year | HQ Location |
Manufactures and sells innovative air purifiers for home and office use.
|
|
| domain | founded_year | HQ Location |
Certified water filtration systems are manufactured and supported worldwide.
|
|
| domain | founded_year | HQ Location |
Natural air care products are sold online by Grow Fragrance.
|
| 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.
|
Frequently Asked Questions about AlgenAir
When was AlgenAir founded?
AlgenAir was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is AlgenAir located?
AlgenAir is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is AlgenAir a funded company?
AlgenAir is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Oct 27, 2022.
What is the annual revenue of AlgenAir?
Annual revenue of AlgenAir is $92.35K as on Dec 31, 2022.
What does AlgenAir do?
Provider of algae-based solutions to clean the indoor air. Its air filter removes carbon dioxide and produces oxygen. Its air filter pulled in carbon dioxide and transformed it into oxygen through algae.
Who are the top competitors of AlgenAir?
AlgenAir's top competitors include Lasko, Paragon Water Systems and Pyure.