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Armstrong - About the company

Armstrong is a funded company based in St. Joseph (United States), founded in 1900. It operates as a Provider of thermal utility solutions, systems, and services for industries. Armstrong has raised an undisclosed amount in funding. The company has 100 active competitors, including 9 funded and 39 that have exited. Its top competitors include companies like National Grid, Rexel and UGI Utilities.

Company Details

Provider of thermal utility solutions, systems, and services for industries. The company offers steam and condensate solutions, heat transfer equipment, and hot water systems. It provides services such as decarbonization roadmaps, thermal utility studies, and turnkey project management. The company also offers digital solutions for thermal utility system management.
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Email ID
*****@armstronginternational.eu
Registered Address
Three Rivers, Michigan
Key Metrics
Founded Year
1900
Location
St. Joseph, United States
Stage
Funding Raised
Ranked
Employee Count
923 as on Sep 30, 2026
Investment & Acquisitions
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Armstrong's funding and investors

Armstrong has raised funding over 2 rounds. Its first funding round was on Mar 11, 2003. Its latest funding round was a Grant (prize money) round on Mar 17, 2025 for $*****. 1 investor participated in its latest round. Armstrong has 2 institutional investors.

Here is the list of recent funding rounds of Armstrong:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 17, 2025
1921413
Grant (prize money)
3351133
3807923
7045156
7131506
Mar 11, 2003
4586264
Grant (prize money)
2165812
8799003
5978029
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Armstrong's founders and board of directors

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Armstrong's employee count trend

Armstrong has 923 employees as of Sep 26. Here is Armstrong's employee count trend over the years:
Employee count trend for Armstrong
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Armstrong's Competitors and alternates

Top competitors of Armstrong include National Grid, Rexel and UGI Utilities. Here is the list of Top 10 competitors of Armstrong, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for National Grid
National Grid
1990, London (United Kingdom), Public
Provider of transmission and distribution services of electricity and gas
-
64/100
2nd
Logo for Rexel
Rexel
1967, Paris (France), Public
Provider of electrical product and electricity services
-
63/100
3rd
Logo for UGI Utilities
UGI Utilities
1882, Lancaster (United States), Public
Limited information available
-
-
63/100
4th
Logo for SSE
SSE
1998, Perth (United Kingdom), Public
Operator of electricity infrastructure and provider of energy solutions
-
62/100
5th
Logo for Armstrong
Armstrong
1900, St. Joseph (United States), Funding Raised
Provider of thermal utility solutions, systems, and services for industries
-
58/100
6th
Distributor of gas and electricity
-
-
55/100
7th
Logo for Nous
Nous
2020, Chester (United Kingdom), Series A
Provider of automated household contract management and bill switching services
$26M
54/100
8th
Logo for Centrica
Centrica
1997, Windsor (United Kingdom), Public
Provider of renewable energy producer and supplier services
-
53/100
9th
Logo for Shell Energy
Shell Energy
1980, London (United Kingdom), Unfunded
Provider of energy solutions including natural gas, power, and renewable products
-
-
53/100
10th
Logo for Ipsum
Ipsum
2017, Chorley (United Kingdom), Acquired
Supplier of electricity and water
-
50/100
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Armstrong's Investments and acquisitions

Armstrong has made 1 investment in Everactive and acquired HygroTemp.

Reports related to Armstrong

Here is the latest report on Armstrong's sector:

News related to Armstrong

lockFilter this list
Media has covered Armstrong for 1 event in last 1 year, It was about company updates.
•
Armstrong International fired up about carbon freeGrand Rapids Business Journal•Apr 30, 2022•Armstrong
•
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FAQs about Armstrong

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