What is Aeroseal?
Based in Miamisburg, Ohio, Aeroseal has developed a unique technology that seals leaks from the inside of HVAC ductwork. Their process involves injecting a fog of aerosolized sealant particles into pressurized duct systems, which automatically locates and precisely seals air leaks. This method is crucial for ESCOs and commercial contractors aiming to meet energy conservation goals efficiently and effectively. Aeroseal's technology provides measurable results, ensuring project compliance and performance.
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 Energy Impact Partners, Building Ventures, and Breakthrough Energy Ventures
Series B (2023): $67M led by Beazer Homes, Aramco, Breakthrough Energy Ventures, and OGCI Climate Investments
Key Investors in Aeroseal
Breakthrough Energy Ventures
Breakthrough Energy Ventures (BEV) is a prominent investment firm backed by global business leaders, focused on funding cutting-edge companies that drive the transition to net-zero emissions. They invest in transformative clean energy innovations across various sectors, including buildings and transportation, aiming to accelerate market adoption.
OGCI Climate Investments
OGCI Climate Investments is an initiative uniting major oil and gas companies to accelerate the energy transition. They focus on investing in low-carbon technologies and solutions, including carbon capture and emissions reduction, to support the industry's move towards a net-zero future.
Energy Impact Partners
Energy Impact Partners (EIP) is an investment firm dedicated to advancing a decarbonized, decentralized, digitized, and electrified energy future. They partner with innovators and energy companies to foster a cleaner energy landscape, connecting visionary companies with significant market opportunities.
What's next for Aeroseal?
The substantial enterprise-level funding and recent strategic investment indicate Aeroseal is poised for significant scaling and market penetration. With backing from prominent investors focused on energy transition and the built environment, Aeroseal is well-positioned to enhance its offerings and expand its reach. Future developments are likely to focus on further optimizing their duct sealing technology, potentially exploring new applications, and solidifying partnerships within the energy and construction industries to drive broader adoption of energy-efficient HVAC systems.
See full Aeroseal company page