Flair Raises $7.6M in Series A Funding

Flair

Flair, a San Francisco, CA-based creator of smart vents, thermostats and software for room-level temperature control, closed a $7.6M Series A funding round.

The round was co-led by Active Impact Investments and Lowercarbon Capital, with participation from existing investors SOSV, Skyview, Peter Nagar and Resilience Capital Partners, as well as new investors Shell Ventures, Susquehanna Foundation and strategic participation from 3M Ventures, the venture capital arm of 3M.

The company intends to use the funds to expand their team, grow utility and distribution partnerships, while building next generation products and experiences.

Led by Daniel Myers, Co-Founder and CEO, Flair makes smart vents, thermostats and advanced software for room-level temperature control, which are sold through multiple channels including direct to consumer, HVAC dealers/distributors, and utilities.

The company’s install base consists of tens of thousands of homes and businesses primarily in North America, with the company managing 60 Megawatts of energy globally.

FinSMEs

09/09/2022