About Chromagen
Chromagen is a company based in Haifa (Israel) founded in 1962 was acquired by Ariston in January 2022. It operates as a Direct-to-Consumer (D2C) and Professional Services. Chromagen has raised $5 million across 1 funding round from investors including Groupe Atlantic, Tene Capital and Ariston Group. Chromagen offers products and services including Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems. Chromagen operates in a competitive market with competitors including Zodiac Energy, Enerworks, Frisquet, VSVPRO and Sunne Heater, among others.
- Headquarter Haifa, Israel
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website chromagen.com
- Social LinkedIn
- Acquired by Ariston (Jan 2022)
- Legal Name Chromagen Israel Ltd
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Jun 2006
- InvestorsGroupe Atlantic
& 2 more
- Acquired by
Products & Services of Chromagen
Chromagen offers a comprehensive portfolio of products and services, including Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems.
Hot water systems using natural circulation are provided.
Hot water systems with forced circulation are offered.
Drain back systems for hot water are supplied.
Funding Insights of Chromagen
Chromagen has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2006. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Jun 2006)
- Investors Count 1
All 1 funding rounds of Chromagen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2006 | $5M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Chromagen
Chromagen has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Groupe Atlantic, Tene Capital and Ariston Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tene Capital is recognized as a leading private equity fund in Israel. | 2005 | tenecapital.com | Tel Aviv, Israel | |
Thermal comfort solutions are provided by Groupe Atlantic globally. | 1968 | groupe-atlantic.fr | Arcueil, France | |
Heating and water heating solutions are offered by Ariston Group. | – | ariston.com | - |
Investor details for Chromagen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Chromagen
18 people are tracked at Chromagen (5 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Barak Rayner | CFO | Leadership |
Ron Zardok | Vice President Supply Chain | Leadership |
Sharon Fridman | Vice President Supply Chain | Leadership |
Nir Ashkenazi | VP Of Quality | Leadership |
Anat Milo | VP Of HR | Leadership |
Igal Tsur | Mechanical Eng. | Team |
Mohamed Khalaila | Research And Development Engineer | Team |
Asher Bar | Technician | Team |
Alberto Landau | Technical Manager Department | Team |
יניב בטש | Sales Manager | Team |
Steve Norris | Trade Sales Representative | Team |
Nevo Shaham | Production And Supply Chain Planner | Team |
Orit Harosh | Coordinator Of Project And Planning Department | Team |
Alon Yaar | Planning & Control Department Manager | Team |
Julio Zeltser | IT Manager | Team |
Dion Chris | Installation Coordinator | Team |
Gal Castro | Supply Chain Planner | Team |
Rivka Goldberg | Accountant | Team |
Complete people profiles for Chromagen
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Chromagen
4 dated milestones of Chromagen across 60 years, from founding to its latest funding, stage changes and deals.
- Founded Chromagen is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by GROUPE ATLANTIC.
- Exit Acquired by Ariston.
Competitors of Chromagen
Chromagen 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 Zodiac Energy, Enerworks, Frisquet, VSVPRO and Sunne Heater, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zodiacenergy.com | 1992 | Ahmedabad, India | – | 119 | Solar parabolic troughs, water heaters, and PV modules are installed. | |
| enerworks.com | 1998 | Woodstock, Canada | $8.75M | 9 | Solar thermal energy technology developer | |
| frisquet.com | 1936 | Meaux, France | – | – | Delivers smart solar water heating solutions for efficient energy use. | |
| vsvpro.lv | 2024 | Riga, Latvia | – | 3 | Offers solutions for air conditioning and heating systems to optimize energy efficiency. | |
| sunneheater.com | 2010 | Mayaguez, Puerto Rico | – | – | Solar water heaters are manufactured for domestic use. |
Detailed competitors of Chromagen
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Chromagen
Websites that share an audience with Chromagen (chromagen.com).
Websites whose visitors overlap most with Chromagen. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| australianenergyupgrades.com.au | 100% | 14.2K | #1,210,076 | View details | |
solarmax.co.nz | solarmax.co.nz | 96% | – | – | – |
suelosolar.com | suelosolar.com | 90% | – | #1,417,860 | – |
| energymatters.com.au | 90% | – | #691,156 | View details | |
| austria-email.com | 59% | – | – | View details |
Latest news on Chromagen
Complete news archive for Chromagen
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Chromagen
10 companies that operate in the same segment as Chromagen (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Chromagen
Chromagen was founded in 1962 and raised its 1st funding round 44 years after it was founded.
Chromagen is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
Chromagen is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2006.
Chromagen is established as a prominent provider of hot water solutions worldwide, catering to diverse sectors such as residential, commercial, industrial, hotels, hospitals, schools, universities, factories, and sports clubs. Comprehensive water heating solutions are offered through a specialized engineering department, including project data analysis, design drafts with ROI calculations, quotations, detailed plans, installation, supervision, and after-sale support. Various systems like thermosiphon, forced circulation, and drain back are provided to meet client needs across multiple applications.
Chromagen's top competitors include Zodiac Energy, Enerworks and VSVPRO.
Chromagen offers Thermosiphon Systems, Forced Circulation Systems, and Drain Back Systems.
Chromagen has 3 investors. Key investors include Groupe Atlantic, Tene Capital, and Ariston Group.
Chromagen operates through Chromagen Israel Ltd.
Yes. Chromagen was acquired by Ariston in January 2022.