How Much Did Air Raise?
Funding & Key Investors

Air has secured $87K in total funding, with a recent capital injection of $87K announced on September 30, 2024. This substantial expansion capital signifies a significant stage in the company's growth trajectory, likely aligning with Series B or C funding rounds.

What is Air?

Air
ManufacturingIndustrial Machinery & EquipmentHome Improvement & Hardware Retail

Air Incorporated, established in 1946, is a prominent distributor of pneumatic systems, automation components, and 80/20 aluminum framing systems, controls, and accessories across New England. The company prides itself on delivering high-quality automation products and superior customer service, maintaining an extensive inventory of leading product lines. Their online catalog features thousands of industrial automation components readily available for immediate shipment, catering to industries that require advanced pneumatic and automation solutions.

How much funding has Air raised?

Air has raised a total of $87K across 1 funding round:

2024

Debt

$87K

Debt (2024): $87K with participation from Toronto-Dominion Bank

Key Investors in Air

Toronto-Dominion Bank

Toronto-Dominion Bank is a major financial institution that likely provided debt financing, supporting Air's operational needs and expansion initiatives.

What's next for Air?

The recent influx of substantial expansion capital positions Air for significant operational scaling and market penetration. This strategic investment, likely at a Series B/C stage, suggests a focus on enhancing distribution capabilities, expanding product lines, or potentially entering new geographic markets. The company's commitment to maintaining a large inventory and offering immediate shipment indicates a strategy centered on robust supply chain management and customer responsiveness, which this new financing will further bolster.

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Frequently Asked Questions Regarding Air Financial Insights

What are the most recent funding rounds that Air has completed, and what were the funding rounds?
Air has recently completed 1 funding rounds: Debt on Sep 30, 2024.
What is the total amount of funding Air has raised to date?
Air has raised a total of $87K in funding to date.
How many funding rounds has Air completed?
Air has completed 1 funding rounds.
How much funding did Air raise in its most recent funding round?
Air raised $87K in its most recent funding round.
Who are the lead investors in Air's latest funding round?
The lead investor in Air's latest funding round was Toronto-Dominion Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Air's history?
The largest funding round in Air's history was $87K.
See more information about Air