When was SES founded?

SES was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is SES located?

SES is headquartered in Orem, United States.

How many employees does SES have?

As of Aug 31, 2026, the latest employee count at SES is 21.

Is SES a funded company?

SES is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 30, 2010.

When was the latest funding round of SES?

SES's latest funding was a $***** Grant (prize money) round on Jun 06, 2025, with participation from 1 investor. Its primary sector is Air Management Services. In United States, the Air Management Services sector has seen $10.9B in funding in 2026 to date.

Where does SES rank among its competitors?

SES ranks 35th amongst 150 active competitors, of which 5 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Madison Air, which secured $10.9B in Apr, 2026.

Who are the top competitors of SES?

SES's top competitors include Halton, Thermax and Filtration Group. Among them, Madison Air secured the most recent funding round in April, 2026.

SES - 2026 Company Profile, Team, Funding & Competitors

SES is an acquired company based in Orem (United States), founded in 2008 by Larry Baxter. It operates as a Provider of storage tanks, heat exchangers, and gas treating systems. SES has raised an undisclosed amount in funding. The company has 150 active competitors, including 5 funded and 25 that have exited. Its top competitors include companies like Halton, Thermax and Filtration Group.

Company Details

Website: sesinnovation.com
Social
Email ID: *****@sesinnovation.com
Phone Number: +1 **********

Key Metrics

Founded Year

2008

Location

Orem, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Jun 06, 2025, $*****

Investors

Hall Venture Partners & 1 more

Ranked

35^th among 150 active competitors

Employee Count

21 as on Aug 31, 2026

Similar Companies

Thermax & 115 more

Exit Details

Acquired by Chart Industries (Dec 23, 2020)

View SES's full profile

SES got acquired by Chart Industries on Dec 23, 2020.

Click here to take a look at SES's acquisition in detail

SES has raised funding over 2 rounds. Its first funding round was on Jun 30, 2010. Its latest funding round was a Grant (prize money) round on Jun 06, 2025 for $*****. 1 investor participated in its latest round. SES has 2 institutional investors.

Here is the list of recent funding rounds of SES:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 06, 2025	9301418	Grant (prize money)	1868038	5149963	9036285	8854686
Jun 30, 2010	3442826	Grant (prize money)	6444762	1007686	1675112	OSTI

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View details of SES's funding rounds and investors

The founders of SES is Larry Baxter.

Here are the details of SES's key team members:

Larry Baxter: Co-Founder of SES.

View details of SES's Founder profiles and Board Members

SES's employee count trend

SES has 21 employees as of Aug 26. Here is SES's employee count trend over the years:

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Top competitors of SES include Halton, Thermax and Filtration Group. Here is the list of Top 10 competitors of SES, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Halton 1969, Helsinki (Finland), Series A	Provider of indoor environmental management products	$3M	JSH Capital, Europa & 1 others	65/100
2nd	Thermax 1966, Pune (India), Public	Provider of energy and environmental solutions for industrial and commercial sectors. This includes boiler and heater systems, process heating solutions, steam engineering, absorption cooling, and air pollution control technologies. The company also offers water and waste solutions, chemical services, and outsourced utility delivery services. A focus is on sustainable solutions, including solar power and green technologies, to improve resource productivity and environmental performance for clients. They provide services across the entire lifecycle, from project design and engineering to operations and maintenance.	-	Nalanda Capital, Elevation Capital & 1 others	60/100
3rd	Filtration Group 1942, Austin (United States), Acquired	Manufacturer of filtration products and solutions	-	Eiffel Investment Group	53/100
4th	Zehnder Group 1895, Aarau (Switzerland), Public	Provider of indoor climate controlling solution for businesses	-	VERAISON Capital, Economy And Finance	53/100
5th	Madison Air 2005, Minneapolis (United States), Public	Homepage \| Madison Air	$10.9B	-	51/100
6th	Wavin 1955, Zwolle (Netherlands), Late Stage	Provider of air and waste water management solutions	$2.38M	Impact Fund Denmark, Triodos Investment Management	50/100
7th	Swegon 1961, Gothenburg (Sweden), Acquired	Provider of air diffusers	-	-	49/100
8th	Alan Scott Industries 1994, Mumbai (India), Unfunded	Provider of air purifier technology and equipment services	-	-	47/100
9th	Centrotherm Clean Solutions 1990, Blaubeuren (Germany), Acquired	Provider of industrial point-of-use exhaust gas purification systems	-	-	47/100
10th	Mansfield Pollard 1866, Bradford (United Kingdom), Funding Raised	Manufacturer, supplier and installer of ventilation, air handling, acoustic, and air conditioning systems	-	-	45/100
35th	SES 2008, Orem (United States), Acquired	Provider of storage tanks, heat exchangers, and gas treating systems	-	Hall Venture Partners, OSTI	29/100