LIFAair

Helsinki, Finland Founded: 1988 • Age: 38 yrs
Manufacturer of smart air purification systems
Annual revenue $8.7M Latest available
Total funding $23.1M 1 rounds
Employees 2 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About LIFAair

LIFAair is a company based in Helsinki (Finland) founded in 1988 by Vesa Makipaa. LIFAair has raised $23.08 million across 1 funding round from investors including Edifier. The company has 2 employees as of December 31, 2023. LIFAair offers products and services including 6GCool Personal Air Purifier, Air Purifiers, Personal Masks, and Professional Machines. LIFAair operates in a competitive market with competitors including Resideo, Operto, epilot, KODE Labs and Aedifion, among others.

  • Headquarter Helsinki, Finland
  • Employees 2 as on 31 Dec, 2023
  • Founders Vesa Makipaa
  • Sectors
    Retail
    Technology Consumer Business Services Energy & Utilities Environment Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Lifa Air Manufacturing Europe Oü
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.67 M (USD)
    137
    as on Dec 31, 2024
  • Net Profit
    -$9.1 M (USD)
    -103.19
    as on Dec 31, 2024
  • EBITDA
    -$4.63 M (USD)
    -21.57
    as on Dec 31, 2024
  • Total Equity Funding
    $23.08 M (USD)

    in 1 rounds

  • Latest Funding Round
    $23.08 M (USD), Private Equity Round

    Nov 04, 2015

  • Investors
  • Employee Count
    2

    as on Dec 31, 2023

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Products & Services of LIFAair

LIFAair offers a comprehensive portfolio of products and services, including 6GCool Personal Air Purifier, Air Purifiers, Personal Masks, and Professional Machines.

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Primary

Compact device that filters fine particles and viruses for individual use.

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Units that remove impurities to enhance indoor air quality effectively.

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Masks filtering pollutants for daily health and safety needs.

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Advanced systems for large-scale air purification in professional environments.

Funding Insights of LIFAair

LIFAair has successfully raised a total of $23.08M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $23.08 million completed in November 2015. 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.

Investors in LIFAair

LIFAair has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Edifier.

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Institutional
Investor Description Founded Year Domain Location
Edifier is recognized for manufacturing audio equipment and accessories.
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Investor details for LIFAair

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Investments & Acquisitions by LIFAair

Investments
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Investment portfolio details for LIFAair

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Financial Statements - LIFAair

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Detailed financials for LIFAair

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Lifaair Comparisons

LIFAair Primary company
Description
Manufacturer of smart air purification systems
Location
Helsinki, Finland
Founded Year
1988
Annual Revenue
$8.67 M (USD)
Net Profit
-$9.1 M (USD)
EBITDA
-$4.63 M (USD)
Employees
2
As of 2023
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Peer comparison for LIFAair

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Competitors of LIFAair

LIFAair 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, Operto, epilot, KODE Labs and Aedifion, among others.

Company Name Domain Founded year HQ Location Description
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Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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Customer management solutions including CRM and automation are provided.
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SaaS driven building operating system
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AI, IoT & SaaS-driven platform providing building automation solutions
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Cloud-based data management is provided for the electrical industry.
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Detailed competitors of LIFAair

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Latest news on Lifaair

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Complete news archive for LIFAair

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Frequently Asked Questions about LIFAair

LIFAair was founded in 1988 and raised its 1st funding round 27 years after it was founded.

LIFAair is headquartered in Helsinki, Finland.

Vesa Makipaa is the current CEO of LIFAair. They have also founded this company.

LIFAair is a funded company, having raised a total of $23.08M across 1 funding round to date.

As of Dec 31, 2023, the latest employee count at LIFAair is 2.

Annual revenue of LIFAair is $8.67M as on Dec 31, 2024.

LIFAair was established in 1988 in Helsinki, Finland, within the air purification sector. Solutions are developed for residential, commercial, and automotive settings, utilizing patented 3G filtration technology. A 7-stage process is employed to address fine particles, bacteria, viruses, and gases, incorporating UV, ionization, and carbon methods. Monitoring and control occur through a mobile application. Standalone units are supplied for homes, while HVAC-compatible modules serve commercial buildings.

LIFAair's top competitors include Resideo, Aedifion and Operto.

LIFAair offers 6GCool Personal Air Purifier, Air Purifiers, Personal Masks, and Professional Machines.

LIFAair has 1 investor. Key investors include Edifier.

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