# Aclarity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aclarity

- Industry: Power & Utilities
- Headquarters: US
- Website: www.aclaritywater.com
- Total disclosed funding: $19M
- Latest round: Series A (Nov 2, 2023)
- Investors on record: 7

## About

Aclarity Inc. is a U.S.-based company specializing in the destruction and management of per- and polyfluoroalkyl substances (PFAS), utilizing innovative technologies to combat environmental contamination.Founded in 2017 in the United States, Aclarity Inc. focuses on providing solutions for PFAS management. The company has successfully completed 4 deals, with its most recent funding round occurring on November 2, 2023. Aclarity secured USD 16.00 mn in Series A funding, led by Aqualateral, with contributions from other investors. The CEO of Aclarity is Julie Mullen, who, along with founders Barrett Mully and Dean Piles, has contributed significantly to the company's growth and direction.Aclarity, Inc. specializes in the destruction and management of per- and polyfluoroalkyl substances (PFAS), commonly referred to as "forever chemicals." The flagship product, the Aclarity Octa System, utilizes electrochemical oxidation technology to break down PFAS compounds on-site, mitigating the need for extensive transport to disposal facilities. This technology serves various sectors including waste treatment, automotive, and industrial laundry, primarily catering to clients in regions with strict hazardous waste regulations, particularly in the United States.Aclarity’s revenue model is centered on service agreements with waste management and industrial clients, who pay for the installation and operation of the Aclarity Octa System at their sites. This direct-to-business model is designed to assist clients in effectively managing PFAS contamination while ensuring compliance with regulatory standards. Pricing is customized based on the scale of operations and volume of PFAS treated, aiming to foster long-term relationships with customers.In November 2023, Aclarity Inc. raised USD 16.00 mn in Series A funding as part of a larger USD 28.85 mn round, which will support a new phase of innovation and commercial expansion. The company is focusing on developing new products and expanding into new markets, although specific details on upcoming products and targeted regions have not been disclosed. The recent funding will facilitate these growth initiatives and strengthen Aclarity's position in the PFAS management sector.

## Funding rounds

- Series A, Nov 2, 2023, $16M — MassVentures, HG Ventures, Burnt Island Ventures, Nor'easter Ventures, Bidra Innovation Ventures
- Seed, Mar 11, 2022, $3.3M — MassVentures, DCVC, Maroon Venture Partners, Burnt Island Ventures

## Investors

- MassVentures (https://capitalatlas.ai/funds/massventures) — Seed, Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed
- Maroon Venture Partners (https://capitalatlas.ai/funds/maroon-venture-partners) — Seed
- Burnt Island Ventures (https://capitalatlas.ai/funds/burnt-island-ventures) — Seed, Series A
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Series A
- Nor'easter Ventures (https://capitalatlas.ai/funds/nor-easter-ventures) — Series A
- Bidra Innovation Ventures (https://capitalatlas.ai/funds/bidra-innovation-ventures) — Series A