What is Aeroseal?
Based in Miamisburg, Ohio, Aeroseal specializes in innovative duct sealing technology designed for ESCOs and commercial contractors. Their proprietary system effectively seals leaks from the inside of HVAC ductwork by utilizing a fog of aerosolized sealant particles. This process automatically identifies and precisely seals air leaks, while simultaneously measuring and recording the results, thereby ensuring projects meet their energy conservation goals with enhanced efficiency and effectiveness. The company's technology is crucial for improving indoor air quality and reducing energy waste in commercial buildings.
How much funding has Aeroseal raised?
Aeroseal has raised a total of $89M across 2 funding rounds:
Series A
$22M
Series B
$67M
Series A (2021): $22M with participation from Breakthrough Energy Ventures, Building Ventures, and Energy Impact Partners
Series B (2023): $67M led by OGCI Climate Investments, Aramco, Breakthrough Energy Ventures, and Beazer Homes
Key Investors in Aeroseal
OGCI Climate Investments
OGCI Climate Investments is an initiative by major global oil and gas companies focused on accelerating the transition to a net-zero future through investments in low-carbon technologies and strategies.
Aramco
Aramco Services Company (ASC) contributes to the U.S. energy sector through employment, partnerships, and research, focusing on energy industry advancements and collaborations.
Breakthrough Energy Ventures
Breakthrough Energy Ventures (BEV) is a fund backed by prominent business leaders that invests in cutting-edge companies aiming to achieve net-zero emissions across various sectors like agriculture, buildings, and transportation.
What's next for Aeroseal?
The recent major enterprise-level funding and strategic investment signal a strong growth trajectory for Aeroseal. This capital infusion is expected to accelerate the company's market penetration, further develop its technology, and expand its reach within the commercial and industrial sectors. Aeroseal is poised to become a leader in HVAC efficiency solutions, driven by its commitment to innovation and sustainability.
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