About Armstrong International
Armstrong International is a company based in St. Joseph (United States) founded in 1900. It operates as a Steam-as-a-Service (SaaS), Managed Services, and Direct-to-Consumer (D2C). Armstrong International has completed 1 acquisition, including HygroTemp. Armstrong International offers products and services including Steam & Condensate Solutions, Heat Pump Solutions, Humidification Solutions, and Hot Water Solutions. Armstrong International operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
- Headquarter St. Joseph, 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
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- Legal Name Armstrong International Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$520.89 K (USD), Grant
Mar 11, 2003
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Armstrong International
Armstrong International offers a comprehensive portfolio of products and services, including Steam & Condensate Solutions, Heat Pump Solutions, Humidification Solutions, and Hot Water Solutions. 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.
Solutions for steam and condensate management are provided.
Heat pumps for various applications are manufactured.
Humidification systems for health and well-being are offered.
Hot water systems for processes are developed.
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Sales and Marketing
37 people
Software Development Team
20 people
Human Resources and Administration
8 people
Product Management Team
7 people
Senior Team
6 people
Leadership Team
4 people
Finance and Accounting
4 people
Thermal Team
4 people
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Funding Insights of Armstrong International
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $520,892
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First Round
First Round
(11 Mar 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2003 | Amount | Grant - Armstrong International | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Armstrong International
Armstrong International has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Military Health. 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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Administers health care and support for military personnel and operations.
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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 Armstrong International
Armstrong International has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HygroTemp. 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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Humidity control solutions are specialized in for various industries.
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2007 |
| 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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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 - Armstrong International
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Armstrong International Comparisons
Competitors of Armstrong International
Armstrong International 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 Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, 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 |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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Energy efficiency and smart grid management solutions
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Automotive lighting equipment is manufactured by Osram in Germany.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Armstrong International
Frequently Asked Questions about Armstrong International
When was Armstrong International founded?
Armstrong International was founded in 1900 and raised its 1st funding round 103 years after it was founded.
Where is Armstrong International located?
Armstrong International is headquartered in St. Joseph, United States. It is registered at St. Joseph, Missouri, United States.
What does Armstrong International do?
Armstrong International is involved in providing thermal utility management solutions across various industries including hydrocarbon, chemical processing, food and beverage, pharmaceutical, healthcare, higher education, and hospitality. Services and products are designed to enhance efficiency, reduce energy consumption, and lower environmental emissions. Specialized solutions such as steam and condensate systems, heat pumps, hot water systems, and humidification equipment are offered. The company also focuses on decarbonization through innovative approaches like Circular Thermal and Steam-as-a-Service. Operations span over 100 countries with a commitment to sustainability and net-zero goals.
Who are the top competitors of Armstrong International?
Armstrong International's top competitors include Particle, Landis+Gyr and Signify.
What products or services does Armstrong International offer?
Armstrong International offers Steam & Condensate Solutions, Heat Pump Solutions, Humidification Solutions, and Hot Water Solutions.
How many acquisitions has Armstrong International made?
Armstrong International has made 1 acquisition, including HygroTemp.
Who are Armstrong International's investors?
Armstrong International has 1 investor. Key investors include Military Health.
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