Madison Industries

Chicago, United States Founded: 1994 • Age: 32 yrs
Medical devices are manufactured diversely across various applications.

About Madison Industries

Madison Industries is a Healthcare company based in Chicago (United States) founded in 1994. Medical devices are manufactured diversely across various applications. It operates on a B2B2C and Reseller / Distribution model. Madison Industries has raised $113.94 million across 2 funding rounds. The company has 168 employees. Madison Industries has completed 15 acquisitions, including Big Ass Fans, CAE Healthcare and Cofimco. Its website madison.net draws about 11 thousand monthly visits. Madison Industries offers products and services including Filtration Solutions, Firefighting Equipment, and Blood Processing Systems. Its focus areas include Industrial, Manufacturing, Filtration and Safety Equipment and Medical Devices.

Company details

Madison Industries is engaged in building market-leading companies that enhance global safety, health, and productivity. Operations are centered on developing innovative solutions across sectors like filtration, firefighting safety, and medical diagnostics. Companies under its umbrella, such as Filtration Group, Task Force Tips, and Drucker Diagnostics, are supported to deliver products that purify air and water, protect firefighters, and improve blood processing systems. An entrepreneurial environment is fostered to help leaders thrive and grow their businesses while contributing to societal well-being.

  • Headquarters Chicago, United States
  • Employees 168
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website madison.net
  • Social LinkedIn
  • Legal Name Madison Industries
Key Metrics
  • Total Equity Funding
    $113.94M (USD)

    in 2 rounds

  • Latest Funding Round
    $56.97M (USD), Series D

    Apr 2020

  • Employee Count
    168
  • Investments & Acquisitions

Products & Services of Madison Industries

Madison Industries offers a comprehensive portfolio of products and services, including Filtration Solutions, Firefighting Equipment, and Blood Processing Systems.

Filtration Solutions
Filtration

Solutions are provided for air and water purification globally.

Firefighting Equipment
Safety Equipment

Nozzles are designed to adapt to varying pressure levels.

Blood Processing Systems
Medical Technology

Systems are developed for faster, accurate blood test results.

Funding Insights of Madison Industries

Madison Industries has successfully raised a total of $113.94M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $56.97 million completed in April 2020. 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 $113.94M
  • Total Rounds 2
  • Last Round Series D β€” $56.97M
  • First Round $56.97M

    (Mar 2020)

All 2 funding rounds of Madison Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2020$56.97MSeries D––
–
Mar 2020$56.97MSeries C––
–

People of Madison Industries

62 people are tracked at Madison Industries (49 in leadership, 1 in board & advisors, 12 in team); the tracked headcount is 168.

NameRoleGroup
Leah Larson
Chief Marketing Officer Madison Indoor Air QualityLeadership
Jill Wyant
President And CEO Madison AirLeadership
Dick Osborne
Sr. Managing DirectorLeadership
Larisa Purdy
Director Of Benefits - Madison Indoor Air QualityLeadership
Chelsea Howe Sitter
Vice President, Owner RelationsLeadership
David H. Campos
President, Air Quality & Home Solutions Group, Madison Indoor Air QualityLeadership
Jerry McClam II
President, Addison HVACLeadership
Aaron Vangetson
Managing DirectorLeadership
Haley E. White
President, Flow Dry Technology (filtration Group Company)Leadership
Philip Windham
President & CEO, Nortek Global HVACLeadership
Craig Stout
President, Madison MedicalLeadership
Kelly Reinke
President, Molecular ProductsLeadership
David J. Ball
Managing DirectorLeadership
Benjamin T. Rogers
President, Tydenbrooks Security Products GroupLeadership
Karen Geiger
President, Energy Recovery, Madison IAQLeadership
Mike J. Stein
Senior Managing DirectorLeadership
Eric Young
Group President, Indoor Air Quality, Filtration GroupLeadership
Richard Jackson
Group President, Industrial Technologies, Filtration GroupLeadership
Andrew V. Masterman
Senior Managing DirectorLeadership
Grace Brown
Executive Vice PresidentLeadership

42 more people are available in the full profile.

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Investments & Acquisitions by Madison Industries

Madison Industries has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Big Ass Fans, CAE Healthcare and Cofimco.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of a VR-based medical simulation training platform
simxvr.comMountain View, United States2013Nov 2024β€’β€’β€’β€’
Simulation solutions and learning tools for healthcare education are offered.
caehealthcare.comSarasota, United States1996Oct 2023$226.91M
Diagnostic products for hematology, immunology, and urinalysis are manufactured.
streck.comLa Vista, United States1971Mar 2023β€’β€’β€’β€’
Manufacturer of ceiling fans and LED lights for residential & commercial use
bigassfans.comLexington, United States1999Jul 2021β€’β€’β€’β€’
HVAC manufacturing, distribution, and support services focused on heating and cooling solutions.
nortekhvac.com0Jun 2021β€’β€’β€’β€’
Germicidal UV solutions provided for facility managers and engineers.
uvresources.comSanta Clarita, United States2005May 2021β€’β€’β€’β€’
Customized HVAC systems are designed and manufactured for specific needs.
nortekair.comO Fallon, United States2015Apr 2021$3.62B
Provider of UV-C air disinfection systems and replacement lamps. It designs and manufactures UV-C systems for various applications, including HVAC systems in commercial, healthcare, and industrial settings. The company offers a range of products, from small to large-scale systems, and provides replacement lamps and accessories. Its solutions aim to improve air quality by inactivating airborne pathogens. A software tool assists in system design and configuration for optimal performance and energy efficiency.
steril-aire.comBurbank, United States1993Dec 2020β€’β€’β€’β€’
Semi-custom commercial and industrial HVAC equipment is manufactured.
specifiedair.comBuffalo, United States1929Oct 2018β€’β€’β€’β€’
Hose, cord, and cable reels are manufactured by Reelcraft.
reelcraft.comColumbia, United States1943Jun 2017$115M
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Timeline of Madison Industries

13 dated milestones of Madison Industries across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded Madison Industries is founded.
  2. Acquisition Acquires Reelcraft.
  3. Acquisition Acquires Specified Air Solutions.
  4. Funding First funding round of $57.0M.
  5. Funding Latest funding round, Series D, of $57.0M.
  6. Acquisition Acquires Steril Aire.
  7. Acquisition Acquires Nortek Air Solutions.
  8. Acquisition Acquires UV Resources.
  9. Acquisition Acquires Nordyne.
  10. Acquisition Acquires Big Ass Fans.
  11. Acquisition Acquires Streck.
  12. Acquisition Acquires CAE Healthcare.
  13. Acquisition Acquires SimX.

Web traffic of Madison Industries

The website of Madison Industries (madison.net) receives about 11K visits a month.

  • Monthly visits
    11K

    ▼ 5.3% vs previous month

Similar websites

Websites whose visitors overlap most with Madison Industries. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
uvresources.com
100%
3.4K#4,999,842View details
madisonind.com
54%
#4,924,606View details

Top companies in Diversified Medical Devices

3 companies that operate in the same segment as Madison Industries (Diversified Medical Devices) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical equipment for treating over 30 chronic diseases is developed.
1949Minneapolis, Minnesota, United StatesUSD 36.36 B95,000
Wide range of medical devices
1979Marlborough, Massachusetts, United StatesUSD 20.07 B53,000
Healthcare solutions are provided by Johnson & Johnson globally.
1886New Brunswick, New Jersey, United StatesUSD 94.18 B139,800
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Related news about Madison Industries

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Frequently Asked Questions about Madison Industries

Madison Industries was founded in 1994 and raised its 1st funding round 26 years after it was founded.

Madison Industries is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Madison Industries is a funded company, having raised a total of $113.94M across 2 funding rounds to date. The company's 1st funding round was a Series C of $56.97M, raised on Mar 2020.

Madison Industries has 168 employees.

Madison Industries is engaged in building market-leading companies that enhance global safety, health, and productivity. Operations are centered on developing innovative solutions across sectors like filtration, firefighting safety, and medical diagnostics. Companies under its umbrella, such as Filtration Group, Task Force Tips, and Drucker Diagnostics, are supported to deliver products that purify air and water, protect firefighters, and improve blood processing systems. An entrepreneurial environment is fostered to help leaders thrive and grow their businesses while contributing to societal well-being.

Madison Industries offers Filtration Solutions, Firefighting Equipment, and Blood Processing Systems.

Madison Industries has made 15 acquisitions, including Big Ass Fans, CAE Healthcare, and Cofimco.

Madison Industries operates through Madison Industries.

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