Awair Raises $10M in Series B Financing

awair

Awair, a San Francisco, CA-based provider of air quality monitoring solutions for consumers and enterprise, raised $10m in Series B financing.

The round was led by The Westly Group, with participation from Altos Ventures, Emerson Electric, iRobot and Nuovo Capital.

The company intends to use the funds to:
– increase production,
– research and development efforts for new products, and
– continue growth of its enterprise business through an expanded sales process.

Founded in 2013 by Ronald Ro, CEO and Kevin Cho, CTO, Awair provides certified air quality monitoring solutions that integrate with consumer products and building systems.
Products like Awair 2nd Edition, Glow and Mint alllw users to track and analyze the key factors of air quality (Temperature, Humidity, CO2, Chemicals, and Fine Dust) in their homes and make changes to optimize their homes for healthy air. Awair’s products are now globally distributed and has shown up in over 3,000 cities across the world.
In the enterprise space, the company provides Omni, a solution that allows offices, schools, hotels, hospitals and other enterprises to track and optimize air quality in response to the growing focus on employee and occupant health. Omni is already used by organizations like WeWork, AirBnB, Harvard, and The Crown Estate to keep their facilities optimized for employee and tenant health.

The company has offices in San Francisco, CA and Seoul, South Korea.

FinSMEs

02/05/2019

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