About Powrmatic
Powrmatic is a company based in Ilminster (United Kingdom) founded in 1949 was acquired by Carver Group in May 2023. It operates as a Reseller / Distribution, and Professional Services. Powrmatic offers products and services including Vision 4.1kW, Eeco-X Heat Pump, Krystalite Ventilation System, and LX Warm Air Heaters. Powrmatic operates in a competitive market with competitors including Petro, Ambient, Climaveneta, Johansen & Anderson and Air Force One, among others.
- Headquarter Ilminster, United Kingdom
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Powrmatic Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Carver Group
(May 31, 2023)
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Products & Services of Powrmatic
Powrmatic offers a comprehensive portfolio of products and services, including Vision 4.1kW, Eeco-X Heat Pump, Krystalite Ventilation System, and LX Warm Air Heaters. 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.
Designed for larger spaces with efficient cooling performance.
Provides efficient heating for decarbonizing building systems.
Offers discreet ventilation design for retirement developments.
Delivers reliable heating for workshop environments efficiently.
Funding Insights of Powrmatic
| 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 Powrmatic
Powrmatic has secured backing from 1 investor. Prominent investors backing the company include Carver Group. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Powrmatic
| 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 |
Financial Statements - Powrmatic
| 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 |
Powrmatic Comparisons
Competitors of Powrmatic
Powrmatic 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 Petro, Ambient, Climaveneta, Johansen & Anderson and Air Force One, 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 |
Local home heating oil and home comfort services are provided.
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HVAC services including installation and maintenance are provided.
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Offers comprehensive air conditioning services for efficient climate control solutions.
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| domain | founded_year | HQ Location |
Heating and air conditioning services are offered for residential properties.
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Provides HVAC solutions, mechanical maintenance, and energy services to diverse sectors.
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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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Frequently Asked Questions about Powrmatic
When was Powrmatic founded?
Powrmatic was founded in 1949.
Where is Powrmatic located?
Powrmatic is headquartered in Ilminster, United Kingdom. It is registered at Ilminster, Somerset, United Kingdom.
Who is the current CEO of Powrmatic?
Marilyn Skony Stamm is the current CEO of Powrmatic.
What does Powrmatic do?
Powrmatic is involved in designing, developing, and delivering HVAC solutions for commercial and industrial applications worldwide. The company operates across sectors such as heating, ventilation, air conditioning, and engineered products. Solutions are provided for creating comfortable and safe environments, with a focus on innovation, compliance, and energy efficiency. Support is extended through free site surveys, CPD courses, and partnerships with installers for tailored installations.
Who are the top competitors of Powrmatic?
Powrmatic's top competitors include Petro, Johansen & Anderson and Ambient.
What products or services does Powrmatic offer?
Powrmatic offers Vision 4.1kW, Eeco-X Heat Pump, Krystalite Ventilation System, and LX Warm Air Heaters.
Who are Powrmatic's investors?
Powrmatic has 1 investor. Key investors include Carver Group.