Aeroseal is a technology company.
Aeroseal has raised $119.0M across 3 funding rounds.
Aeroseal has raised $119.0M in total across 3 funding rounds.
Aeroseal is a clean technology company specializing in patented aerosol-based sealing for air ducts and building envelopes, sealing leaks from the inside to boost energy efficiency, indoor air quality, and occupant comfort.[1][2][3] It serves residential homeowners, new construction, retrofits, commercial properties like hospitals, schools, hotels, and offices, solving duct leakage that wastes up to 30% of heating/cooling energy, reduces CO2 emissions, and improves air health.[2][4][5] With operations in 35+ countries via 1500+ dealers, Aeroseal has sealed over 300,000 homes and 500 million ft² of commercial space, driving billions in energy savings and thousands of tons of CO2 reductions, while earning accolades like Cleantech Group’s 2024 Company of the Year.[1][2][4]
The company’s growth is rapid: from a garage invention to a global player with 157 U.S. employees in Miamisburg, OH, and partnerships like Aramco for sustainability.[1][4][6]
Aeroseal originated in 1993 in Dr. Mark Modera’s California garage at the University of California, where he invented aerosol-based duct sealing technology—sealing leaks internally without messy, labor-intensive traditional methods.[3][7] Recognized with the U.S. Department of Energy’s Energy Top 100 award, Modera partnered with HVAC industry leader Amit Gupta after initial commercialization attempts with a major manufacturer failed.[3]
Brought to market around 1997, the technology gained traction for delivering comfort, healthy air, and energy savings to homeowners.[3][5] A purpose-driven entrepreneur scaled it globally, evolving from ducts to Aeroseal Envelope and autonomous wireless tech, sealing 260,000+ buildings and aligning with a mission to cut building carbon emissions by 1 gigaton.[2][3]
Aeroseal rides the cleantech wave targeting building decarbonization, where HVAC leaks contribute massively to global emissions amid net-zero mandates and rising energy costs.[1][2] Timing aligns with post-2020 sustainability pushes, UN healthy indoor air focus, and regulations like EU building efficiency standards, amplified by AI/IoT for smarter envelopes.[1][4]
Market tailwinds include $100B+ annual U.S. HVAC waste and global retrofitting booms; Aeroseal influences by partnering with giants like Aramco, enabling contractors worldwide, and proving ROI via billions saved—pushing the industry from manual fixes to automated, scalable sealing.[1][3][4]
Aeroseal’s trajectory points to explosive expansion in envelope tech and AI-driven sealing, targeting 1 gigaton CO2 cuts as buildings electrify under IRA incentives and global green deals.[2][3] Trends like healthy buildings post-pandemic and autonomous HVAC will propel it, potentially dominating via dealer networks and new products.
As cleantech accelerates, Aeroseal could redefine efficient buildings, turning leak-prone structures into sustainability powerhouses and solidifying its lead in a trillion-dollar retrofitting market.
Aeroseal has raised $119.0M in total across 3 funding rounds.
Aeroseal's investors include Breakthrough Energy Ventures, Craig Shapiro, Darco Capital, DBL Partners, Future Shape, GE Ventures, OGCI Climate Investments (CI), Paladin Capital Group, Piva Capital, Ahmir Khalib Thompson, Bradley Horowitz, John Legend.
Aeroseal has raised $119.0M across 3 funding rounds. Most recently, it raised $67.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $67.0M Series B | Breakthrough Energy Ventures, Craig Shapiro, Darco Capital, DBL Partners, Future Shape, GE Ventures, OGCI Climate Investments (CI), Paladin Capital Group, Piva Capital, Ahmir Khalib Thompson, Bradley Horowitz, John Legend, Kevin Love, LeBron James, Mark Cuban | |
| Feb 1, 2023 | $30.0M Series B | DBL Partners, Future Shape, GE Ventures, OGCI Climate Investments (CI), Paladin Capital Group, Piva Capital, Bradley Horowitz | |
| Jun 1, 2021 | $22.0M Series A | Breakthrough Energy Ventures, Craig Shapiro, Darco Capital, Ahmir Khalib Thompson, John Legend, Kevin Love, LeBron James, Mark Cuban |