Flair Secures Investment and Strategic Relationship with RectorSeal®

Rhea-AI Summary

Flair, a smart home HVAC control solutions provider, has secured a strategic investment from RectorSeal, a leading HVAC/R and plumbing accessories manufacturer. The investment round, which included participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital, will help Flair accelerate growth and expand its hvacOS™ platform.

The strategic relationship grants Flair access to RectorSeal's extensive distribution network and opens opportunities for mutual strategic initiatives. This collaboration aims to increase Flair's market reach to homeowners and HVAC professionals, while strengthening its position in the home HVAC control market.

Positive

• Strategic investment secured from established HVAC/R manufacturer RectorSeal
• Access gained to RectorSeal's extensive distribution network
• Additional funding received from multiple venture capital investors

Negative

• None.

SAN FRANCISCO, Dec. 18, 2024 /PRNewswire/ -- Flair, a leading provider of smart home HVAC control solutions, today announced a strategic investment from RectorSeal, a leading manufacturer of HVAC/R and plumbing accessories.

This investment will empower Flair to accelerate its growth and expand its market leading hvacOS™ platform.

This investment—led by RectorSeal with participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital—will empower Flair to accelerate its growth, expand its market leading hvacOS™ smart heating and cooling platform, strengthen its position in the home HVAC control market, and drive its mission to bring meaningful energy reduction while improving comfort in people's lives.

"We are thrilled to develop a strong working relationship with RectorSeal, whose commitment to excellence, extensive channel presence and standing in the HVAC market aligns perfectly with our passion for delivering breakthrough, simple, and affordable solutions to address heating and cooling airflow and control issues that have plagued homeowners for decades. This collaboration allows us to deliver even greater value to our customers, channels, and HVAC industry partners." – Daniel Myers, Co-Founder and CEO, Flair

The relationship provides Flair access to invaluable RectorSeal resources, including a vast distribution network and opportunity to work towards a variety of mutually beneficial strategic initiatives. Ultimately, the collaboration will enable Flair to reach a wider audience of homeowners and HVAC professionals, driving further adoption of its smart home devices.

"Flair's innovative technology aligns perfectly with our mission to provide cutting-edge solutions to the HVAC/R industry and expand our presence in the emerging smart home HVAC control market. We are excited to support Flair's growth and help them bring their smart home hvacOS™ platform and products to a broader market." – Jeff Underwood, President, RectorSeal

About Flair
Founded in 2014, Flair is a leading provider of smart home technology that empowers homeowners to control their indoor climate and energy consumption. With its innovative products and user-friendly app, Flair offers a seamless and efficient way to manage home comfort.
For more information about Flair's smart home HVAC control solutions please visit flair.co.

About RectorSeal
RectorSeal, LLC, a wholly owned subsidiary of CSW Industrials, Inc. [NASDAQ: CSWI], is a leading provider of quality solutions for the professional trades serving heating, ventilation, and air conditioning (HVAC/R), plumbing, electrical, and construction markets.
For more information about RectorSeal's innovative products and brands that increase efficiency and improve reliability, please visit rectorseal.com.

Media Contact
media@flair.co

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SOURCE Flair

FAQ

What is the strategic investment partnership between Flair and RectorSeal?

RectorSeal has made a strategic investment in Flair to help accelerate growth and expand its hvacOS™ platform, providing access to RectorSeal's distribution network and strategic resources.

Who are the investors participating in Flair's latest funding round?

The investment round was led by RectorSeal with participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital.

How will the RectorSeal investment benefit Flair's market expansion?

The investment will help Flair accelerate growth, expand its hvacOS™ platform, strengthen its position in the home HVAC control market, and reach a wider audience of homeowners and HVAC professionals.

What are the strategic benefits of Flair's partnership with RectorSeal?

The partnership provides Flair access to RectorSeal's vast distribution network and opportunities for mutually beneficial strategic initiatives in the HVAC market.