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Carrier - About the company

Carrier is a public company based in Palm Beach Gardens (United States), founded in 1915 by Willis Carrier. It operates as a Manufacturer of heating ventilation air conditioning and refrigeration system equipment. The company has 390 active competitors, including 59 funded and 40 that have exited. Its top competitors include companies like Smart Joules, Optimum Energy and Whisker Labs.

Company Details

Manufacturer of heating ventilation air conditioning and refrigeration system equipment. Products include climate control hardware for residential and commercial applications. Systems facilitate temperature regulation and air quality management across various building types. Technologies also encompass cold chain storage solutions for temperature sensitive goods.
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Phone Number
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Key Metrics
Founded Year
1915
Location
Palm Beach Gardens, United States
Stage
Public
Ranked
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
26,159 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Carrier's IPO details

Carrier got listed on Mar 20, 2020.
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Carrier's funding and investors

Carrier is a funded company. Carrier has 2 institutional investors.

Carrier's founders and board of directors

Founder? Claim Profile
The founders of Carrier is Willis Carrier.
Here are the details of Carrier's key team members:

Carrier's employee count trend

Carrier has 26,159 employees as of Aug 26. Here is Carrier's employee count trend over the years:
Employee count trend for Carrier
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Carrier's Competitors and alternates

Top competitors of Carrier include Smart Joules, Optimum Energy and Whisker Labs. Here is the list of Top 10 competitors of Carrier, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smart Joules
Smart Joules
2014, Delhi (India), Series B
Provider of AI-powered energy efficiency solutions for commercial buildings
$20.7M
69/100
2nd
Logo for Optimum Energy
Optimum Energy
2005, Seattle (United States), Acquired
SaaS-driven HVAC optimization software for commercial spaces
$40.9M
65/100
3rd
Logo for Carrier
Carrier
1915, Palm Beach Gardens (United States), Public
Manufacturer of heating ventilation air conditioning and refrigeration system equipment
-
64/100
4th
Logo for Whisker Labs
Whisker Labs
2014, Germantown (United States), Acquired
Provider of sensor hardware and software infrastructure
$6.86M
63/100
5th
Logo for Genea
Genea
2006, Irvine (United States), Series C
Provider of cloud-based software for access control, HVAC, and submeter billing
$12.1M
61/100
6th
Logo for AtmosZero
AtmosZero
2021, Fort Collins (United States), Series A
Manufacturer of industrial heat pumps for boilers
$28.5M
61/100
7th
Logo for Yale
Yale
1840, Stockholm (Sweden), Acquired
Provider of smart locks
-
-
60/100
8th
Logo for BrainBox AI
BrainBox AI
2017, Montreal (Canada), Acquired
Developer of an AI platform for building HVAC system optimization
$103M
60/100
9th
Logo for Axiom Cloud AI
Axiom Cloud AI
2014, Oakland (United States), Series A
AI & SaaS-driven refrigeration management solution for facility managers
$27.9M
60/100
10th
Logo for encentive
encentive
2019, Neumunster (Germany), Seed
Provider of energy management system
$10.3M
58/100
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Carrier's Investments and acquisitions

Carrier has made 14 investments in companies including Heatgeek and Ember LifeSciences. Carrier has also acquired 16 companies including Blaich Automation and AddVolt.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 17, 2026
Investments
2016
Dec 16, 2025
Investments
2022
Westlake Village (United States)
Oct 20, 2025
Investments
2015
Sunnyvale (United States)
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See all investments and acquisitions by Carrier

Reports related to Carrier

Here is the latest report on Carrier's sector:

News related to Carrier

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Media has covered Carrier for a total of 97 events in the last 1 year, 67 of them have been about company updates and 2 about people movement.
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