Kaer - About the company
Kaer is a series D company based in Mumbai (India), founded in 1993. It operates as a Provider of cooling-as-a-service for commercial and industrial buildings. Kaer has raised $350M in funding from Mitsui and Patrizia Immobilien. The company has 1807 active competitors, including 2 funded and 88 that have exited. Its top competitors include companies like Enmac Systems, Ambient and Acumen Aircool.
Company Details
Provider of cooling-as-a-service for commercial and industrial buildings. It offers a pay-as-you-use model, eliminating capital expenditure for clients. The service includes all operational responsibilities, allowing clients to focus on their core business. This approach minimizes operational risks and promotes sustainability by utilizing clean energy sources. The service is applicable to various building types, including offices, shopping malls, and data centers.
- Website
- www.kaer.com/
- Social
- Phone Number
- +91 **********
- Registered Address
- KAER AIR LLP 17th Floor, Nirmal Building, Nariman Point, MUMBAI 400021
Key Metrics
Founded Year
1993
Location
Mumbai, India
Stage
Series D
Total Funding
$350M in 1 round
Latest Funding Round
Ranked
2nd among 1807 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
151 as on May 31, 2026
Similar Companies
Legal entities associated with Kaer
Kaer is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KAER AIR LLP CIN: AAI-1775 , India, Active | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
Sign up to download Kaer's company profile
Kaer's funding and investors
Kaer has raised a total funding of $350M over 1 round. Its latest funding round was a Series D round on Apr 17, 2025 for $*****. 2 investors participated in its latest round. Kaer has 3 institutional investors.
Here is the list of recent funding rounds of Kaer:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 17, 2025 | 9562190 | Series D | 3959583 | 6865469 | 4959095 | 9705024 |
Access funding benchmarks and valuations. Sign up today!View details of Kaer's funding rounds and investors
Kaer's founders and board of directors
Founder? Claim ProfileKaer's employee count trend
Kaer has 151 employees as of May 26. Here is Kaer's employee count trend over the years:
Uncover Kaer's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Kaer's Competitors and alternates
Top competitors of Kaer include Enmac Systems, Ambient and Acumen Aircool. Here is the list of Top 10 competitors of Kaer, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enmac Systems 2010, Chennai (India), Unfunded | Provider of HVAC services | - | - | 42/100 |
2nd | Provider of cooling-as-a-service for commercial and industrial buildings | $350M | 40/100 | ||
3rd |  Ambient 1986, Berkeley Heights (United States), Funding Raised | Provider of HVAC services | - | 38/100 | |
4th |  Acumen Aircool 2024, Delhi (India), Unfunded | Provider of air conditioning and HVAC solutions, including installation, maintenance, and repair services | - | - | 38/100 |
5th | Provider of HVAC solutions | - | - | 38/100 | |
6th | Petro 1996, Woodbury (United States), Funding Raised | Provider of local home heating oil and total home comfort services | - | - | 37/100 |
7th | Tri-Tech Energy 1988, Boonton (United States), Acquired | Provider of commercial heating and cooling solutions for large homes, commercial buildings, factories, and apartments | - | - | 37/100 |
8th |  Fayette Air Conditioning & Sheet Metal 2000, Lake Havasu City (United States), Acquired | Provider of commercial air conditioning repair & installation services | - | - | 36/100 |
9th | Brookaire Company 1974, East Rutherford (United States), Unfunded | Provider of HVAC products manufacturing,distributing, and maintenance services | - | - | 35/100 |
10th | Provider of HVAC services | - | - | 33/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Kaer's competitors? Click here to see the top ones
Kaer's Investments and acquisitions
Kaer has made no investments or acquisitions yet.
Reports related to Kaer
Here is the latest report on Kaer's geography:
News related to Kaer
•
PATRIZIA & Mitsui Invest $350M in Kaer's CaaS Expansion in AsiaDataCenterNews•Apr 17, 2025•Patrizia Immobilien, Mitsui, Kaer
•
Kaer & Lendlease's third partnership for sustainable cooling in SingaporeDataCenterNews•Dec 08, 2023•Lendlease, Kaer
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Kaer
Explore our recently published companies
- Wisdom Square Technologies - New Hyde Park based, 2008 founded, Unfunded company
- Fruverpack - Almoradi based, 1992 founded, Unfunded company
- AERA - Bouxwiller based, 1979 founded, Unfunded company
- Divine Hindu - Ujjain based, 2023 founded, Unfunded company
- Globaldigitalpartner.com - 2013 founded, Unfunded company
- OROK - Bourgoin Jallieu based, 2018 founded, Deadpooled company
