Propelair Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Propelair Ltd. - overview

Established

2001

Location

Essex, -, UK

Primary Industry

Logistics & Distribution

About

Propelair Ltd. delivers innovative, water-saving toilet systems aimed at significantly reducing water consumption in commercial and public facilities, enhancing sustainability in sanitation practices. Founded in 2001 and headquartered in Essex, UK, Propelair Ltd. specializes in advanced toilet systems that utilize unique technology to replace water with air for flushing.


The company has completed 4 funding deals, including a recent round in which it raised GBP 3. 070 mn led by Earth Capital Holdings, bringing the total amount raised to GBP 3. 070 mn and the current company valuation to GBP 13. 704 mn.


The CEO, David Hollander, guides the company towards its sustainability goals. Propelair specializes in the development and installation of advanced water-saving toilet systems designed for commercial and public use. Their core offering includes a low-flush toilet that employs a unique technology, replacing 7. 65 liters of water with 70 liters of air, achieving an impressive 85% reduction in water consumption per flush.


This innovative system addresses significant water inefficiencies in traditional toilets, which typically flush around 9 liters per use and contribute to high water consumption rates in commercial buildings. Propelair's solutions cater to diverse sectors including healthcare, manufacturing, retail, education, transport, and industrial markets. The company serves a global clientele, with products distributed across Europe, Asia, the Middle East, and Sub-Saharan Africa, effectively targeting public and commercial washrooms where water usage can be notably high. Propelair generates revenue primarily through the direct sale and installation of its proprietary toilet systems to businesses and public institutions.


The company operates on a B2B model, engaging clients in various sectors to provide tailored solutions that align with their water conservation goals. Transactions typically involve a detailed business case presented to potential customers, outlining the expected savings in water usage and costs. Propelair's flagship low-flush toilet, along with accompanying smart IoT-connected systems for asset tracking and facility management, forms a crucial part of its offerings. Clients may engage in one-time purchases or ongoing service agreements ensuring maintenance and support, thus fostering long-term relationships and stable revenue streams.


In the most recent year of 2021, Propelair reported an EBITDA of GBP 0. Propelair Ltd. is focused on expanding its product line and enhancing its market presence. The company plans to launch new toilet models designed for various commercial sectors within the next year.


Propelair aims to penetrate new geographic markets, specifically targeting expansion into North America and Southeast Asia by 2025. The recent funding of GBP 3. 070 mn will aid in research and development for these new products as well as support marketing initiatives in the targeted regions.


Current Investors

Woodford Patient Capital Trust, Investec, Earth Capital Holdings

Primary Industry

Logistics & Distribution

Sub Industries

Electrical, Plumbing & Hardware Distributors

Website

www.propelair.com

Verticals

Clean Technology

Company Stage

Growth Stage/Expansion

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.