About Cotes
Cotes is a company based in Slagelse (Denmark) founded in 1986 by Ellen Olesen and Soren Ronnow Olesen, and was acquired by CAREL in July 2026. Adsorption dehumidification technologies are supplied by Cotes for industrial uses. Cotes was last valued at $4.71 million in June 2013. Its chief executive, as recorded, is Martin Brochner Mortensen. Its website cotes.com draws about 17 thousand monthly visits. Cotes offers products and services including Adsorption Dehumidifiers and Dry-Air Solutions.
Company details
Cotes was established in 1986 in Slagelse, Denmark, as a provider of adsorption dehumidification technologies. Solutions are developed for humidity control in industrial and environmental sectors. Operations center on manufacturing and distributing dehumidification systems to clients globally. Leadership is provided by CEO Martin Brochner Mortensen, alongside co-founders Ellen Olesen and Soren Ronnow Olesen. Focus remains on practical applications in sectors requiring precise moisture management.
Products & Services of Cotes
Cotes offers a comprehensive portfolio of products and services, including Adsorption Dehumidifiers and Dry-Air Solutions.
These devices are used for controlling humidity in industrial settings to prevent issues like corrosion and mould growth.
Strategies and systems are provided for humidity control across various industries, including battery manufacturing and building drying.
Apps and channels of Cotes
its YouTube channel Cotes A/S has 1.26K subscribers and 30 videos.
Videos from Cotes
The most watched videos on Cotes's YouTube channel, Cotes A/S (1.26K subscribers). Click a video to play it here.
More on Cotes A/S.
Funding Insights of Cotes
- Total Rounds 2
- Last Round Unspecified — $265,410
- First Round $910,830
(Sep 2011)
All 2 funding rounds of Cotes 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 2013 | $265,410 | Unspecified | $4.71M | – | – |
| Sep 2011 | $910,830 | Unspecified | $4.55M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2013 | $4.71M | •••••••• |
| Sep 2011 | $4.55M | •••••••• |
Last known valuation $4.71M (Jun 2013). 1 investors in total: 1 institutional.
Investors in Cotes
Cotes has secured backing from 1 investor. Prominent investors backing the company include CAREL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Develops humidifiers and control systems for refrigeration and air conditioning | 1973 | carel.com | Brugine, Italy |
Investor details for Cotes
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Cotes
3 people are tracked at Cotes (3 in leadership).
| Name | Role | Group |
|---|---|---|
Ellen Olesen | Co-Founder | Leadership |
Soren Ronnow Olesen | Co-Founder | Leadership |
Martin Brochner Mortensen | CEO | Leadership |
Complete people profiles for Cotes
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Cotes
5 dated milestones of Cotes across 40 years, from founding to its latest funding, stage changes and deals.
- Founded Cotes is founded.
- Funding First funding round of $911K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $265K.
- Exit Acquired by CAREL.
Web traffic of Cotes
The website of Cotes (cotes.com) receives about 16.5K visits a month.
- Monthly visits16.5K
▼ 9.6% vs previous month
Websites whose visitors overlap most with Cotes. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ultra-aire.com | ultra-aire.com | 100% | – | ||
fisair.com | fisair.com | 100% | #2,564,809 | – | |
bry-air.com | bry-air.com | 99% | – | ||
| munters.com | 96% | 97.9K | #372,073 | View details | |
de.trotec.com | de.trotec.com | 95% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Cotes
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Cotes
Complete news archive for Cotes
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Frequently Asked Questions about Cotes
Cotes was founded in 1986 and raised its 1st funding round 25 years after it was founded.
Cotes is headquartered in Slagelse, Denmark.
Martin Brochner Mortensen is the CEO of Cotes, as recorded in our data.
Cotes was established in 1986 in Slagelse, Denmark, as a provider of adsorption dehumidification technologies. Solutions are developed for humidity control in industrial and environmental sectors. Operations center on manufacturing and distributing dehumidification systems to clients globally. Leadership is provided by CEO Martin Brochner Mortensen, alongside co-founders Ellen Olesen and Soren Ronnow Olesen. Focus remains on practical applications in sectors requiring precise moisture management.
Cotes offers Adsorption Dehumidifiers and Dry-Air Solutions.
Cotes has 1 investor. Key investors include CAREL.
The valuation of Cotes is $4.71M as of Jun 2013.
Cotes operates through Cotes.
Yes. Cotes was acquired by CAREL in July 2026.