Windmill
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.
Windmill - overview
Established
2018
Location
New York, NY, US
Primary Industry
Consumer Products
About
Windmill, based in the US, specializes in innovative air care solutions, offering products such as air purifiers and air conditioning units that blend efficiency with contemporary design for residential climate control. Founded in 2018 and headquartered in New York, Windmill focuses on modern air care solutions. The founders, Danny Mayer, Michael Mayer, and Ryan Figlia, have a background in design and technology. Windmill raised USD 5.
00 mn in Series A funding on October 8, 2024, co-led by YETI Capital, Pentland Ventures, and Dot Capital, marking a pivotal step in their growth strategy. The company has completed three funding deals to date. Windmill Air specializes in the design and manufacture of modern air care solutions, including air purifiers, air conditioning units, and fans, which collectively address the need for efficient and aesthetically pleasing climate control in residential spaces. Their flagship product, the Windmill AC unit, features a minimalist design that integrates seamlessly into home environments, providing efficient cooling performance through a user-friendly interface and a top-rated mobile application.
The air purifiers enhance indoor air quality, catering to health-conscious consumers who prioritize clean air. Windmill's products are particularly popular among homeowners in urban settings, where space is at a premium, and stylish functionality is a significant consideration. Windmill Air generates revenue through direct-to-consumer sales of its products via its online store, with a diverse pricing structure aimed at making their air care solutions accessible to a broad customer base. The Windmill AC unit is priced at approximately USD 299, while the air purifier costs around USD 369.
Customers may also purchase complementary products such as fans and air filters. The company promotes various bundles and offers free shipping, encouraging higher sales volume and customer retention. Windmill Air operates a straightforward business model that supports individual purchases rather than subscription services. In October 2024, Windmill raised USD 5.
00 mn in Series A funding to support brand-building and marketing efforts, sales and distribution initiatives, and the continued development of its smart product suite, starting with the Windmill air purifier. The company plans to launch new products in the coming year, targeting expansion into additional urban markets across the United States. These efforts will be bolstered by the recent funding, enabling Windmill to enhance its market presence and product offerings.
Current Investors
Graph Ventures, Pentland Ventures, Next Play Ventures
Primary Industry
Consumer Products
Sub Industries
Household Appliances
Website
www.windmillair.com
Verticals
E-commerce, Manufacturing, Mobile Apps
Company Stage
Series A
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.