WellAir

Stamford, United States Founded: 2012 • Age: 14 yrs
Developer of an indoor air disinfection system
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About WellAir

WellAir is a company based in Stamford (United States) founded in 2012.. WellAir has raised $38 million across 4 funding rounds from investors including F-Prime Capital. WellAir has completed 1 acquisition, including UV Innovators. WellAir offers products and services including HVAC Air Purification and Portable Air Disinfection. WellAir operates in a competitive market with competitors including CleanSlate UV, UV Partners, Sterifre Medical, SystemOne and Petriss, among others.

  • Headquarter Stamford, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wellair Limited
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8 M (USD), Series B

    Jul 06, 2020

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of WellAir

WellAir offers a comprehensive portfolio of products and services, including HVAC Air Purification and Portable Air Disinfection. 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.

Primary

Purifies air in HVAC systems to reduce pathogens and pollutants.

Disinfects air using NanoStrike for various indoor settings.

People of WellAir
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Cindy Caserta
Vice President Marketing Communications
People
Brad Niemann
EVP of Healthcare
People
Kevin Devlin
Chief Executive Officer
People
Steve Hamm
Regional Sales Leader

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Funding Insights of WellAir

WellAir has successfully raised a total of $38M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in July 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
  • Total Rounds 4
  • Last Round Series B — $8.0M
  • First Round

    (01 Jun 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Series B - WellAir Valuation F-Prime Capital
Jun, 2019 Amount Series B - WellAir Valuation F-Prime Capital
Jun, 2016 Amount Series B - WellAir Valuation F-Prime Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in WellAir

WellAir has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include F-Prime Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by WellAir

WellAir has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UV Innovators. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
UV-based disinfection devices for hospital infection control are developed.
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - WellAir

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wellair Comparisons

Employees
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Competitors of WellAir

WellAir 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 CleanSlate UV, UV Partners, Sterifre Medical, SystemOne and Petriss, 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
domain founded_year HQ Location
A device for tracking disinfection of hospital smartphones is developed.
domain founded_year HQ Location
UV-based air sterilization devices are supplied for healthcare settings.
domain founded_year HQ Location
Provider of an infection management solution for healthcare professionals
domain founded_year HQ Location
Real-time laboratory data sharing is enabled through specialized platforms.
domain founded_year HQ Location
Delivers software for tracking surgical instrument decontamination and sterilization.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wellair

Frequently Asked Questions about WellAir

When was WellAir founded?

WellAir was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is WellAir located?

WellAir is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

Is WellAir a funded company?

WellAir is a funded company, having raised a total of $38M across 4 funding rounds to date. The company's 1st funding round was a Series B of $16M, raised on Jun 01, 2014.

What does WellAir do?

WellAir was founded in 2012 in Stamford, United States, focusing on the health technology sector. Portable air disinfection units, HVAC purification devices, sensors, and monitoring software are provided to disinfect indoor air. Operations target environments such as hospitals, where air quality improvements are aimed at supporting health, wellbeing, cognitive function, and productivity. The domain wellairsolutions.com is utilized for operations.

Who are the top competitors of WellAir?

WellAir's top competitors include Soapy, UV Partners and CleanSlate UV.

What products or services does WellAir offer?

WellAir offers HVAC Air Purification and Portable Air Disinfection.

How many acquisitions has WellAir made?

WellAir has made 1 acquisition, including UV Innovators.

Who are WellAir's investors?

WellAir has 1 investor. Key investors include F-Prime Capital.

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