About Vapor Power
Vapor Power is a company based in Franklin Park (United States) founded in 1903, and was acquired by Thermon in January 2024. Packaged boiler systems are manufactured for commercial applications. Vapor Power has raised $2.85 million across 1 funding round from investors including Thermon and Midwest Mezzanine Funds. Vapor Power offers products and services including Steam Boilers and Thermal Fluid Heaters. Its legal entity is Vapor Power International.
Company details
Vapor Power was founded in 1903 in Franklin Park, United States, where packaged boiler systems are produced for commercial sectors like brewing, distilling, chemical processing, food processing, and healthcare. Steam generators, thermal fluid heaters, electric boilers, and superheaters form the core product line. Aftermarket components, including air-cooled pumps, control panels, flame safeguard controls, and temperature controls, are also manufactured. Acquisition by Tag Equity took place in 2007.
- Headquarters Franklin Park, United States
- Stage Acquired
- Website vaporpower.com
- Social LinkedIn X Facebook
- Acquired by Thermon (Jan 2024)
- Legal Name Vapor Power International
Products & Services of Vapor Power
Vapor Power offers a comprehensive portfolio of products and services, including Steam Boilers and Thermal Fluid Heaters.
Steam boilers are provided for generating steam in various industrial settings.
Thermal fluid heaters are supplied for heating processes in sectors like chemical and food processing.
Funding Insights of Vapor Power
Vapor Power has successfully raised a total of $2.85M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $2.85 million completed in April 2014. 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 $2.85M
- Total Rounds 1
- Last Round Private Equity Round — $2.85M
- First Round $2.85M
(Apr 2014)
- Investors Count 1
All 1 funding rounds of Vapor Power 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 |
|---|---|---|---|---|---|
| Apr 2014 | $2.85M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Vapor Power
Vapor Power has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Thermon and Midwest Mezzanine Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm invests in the US | mmfcapital.com | Chicago, United States | ||
Engineered thermal solutions are provided for industrial heat tracing applications. | 1954 | thermon.com | San Marcos, United States |
Investor details for Vapor Power
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.
Timeline of Vapor Power
3 dated milestones of Vapor Power across 121 years, from founding to its latest funding, stage changes and deals.
- Founded Vapor Power is founded.
- Funding First funding round of $2.9M.
- Exit Acquired by Thermon.
Web traffic of Vapor Power
The website of Vapor Power (vaporpower.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 74.7% vs previous month
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Frequently Asked Questions about Vapor Power
Vapor Power was founded in 1903 and raised its 1st funding round 111 years after it was founded.
Vapor Power is headquartered in Franklin Park, United States. It is registered at Franklin Park, Illinois, United States.
Vapor Power is a funded company, having raised a total of $2.85M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $2.85M, raised on Apr 2014.
Vapor Power was founded in 1903 in Franklin Park, United States, where packaged boiler systems are produced for commercial sectors like brewing, distilling, chemical processing, food processing, and healthcare. Steam generators, thermal fluid heaters, electric boilers, and superheaters form the core product line. Aftermarket components, including air-cooled pumps, control panels, flame safeguard controls, and temperature controls, are also manufactured. Acquisition by Tag Equity took place in 2007.
Vapor Power offers Steam Boilers and Thermal Fluid Heaters.
Vapor Power has 2 investors. Key investors include Thermon, and Midwest Mezzanine Funds.
Vapor Power operates through Vapor Power International.
Yes. Vapor Power was acquired by Thermon in January 2024.