# American Aerogel Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/american-aerogel

- Industry: Packaging
- Headquarters: Rochester, US
- Website: www.americanaerogel.com
- Total disclosed funding: $3.2M
- Latest round: Series B (Nov 26, 2007)
- Investors on record: 2

## About

American Aerogel Corporation specializes in advanced thermal packaging solutions for the pharmaceutical industry, ensuring optimal temperature stability for sensitive products during logistics.American Aerogel Corporation, headquartered in Rochester, US, was founded in 1995 and focuses on innovative thermal packaging solutions. The company has completed 14 deals as of July 6, 2018, when it raised USD 5.57 mn in venture financing. The firm is led by CEO Michael Hone.American Aerogel Corporation specializes in integrated cold chain delivery solutions, particularly for the pharmaceutical sector. Its core offerings include a Cold Chain Delivery Management platform, which combines advanced thermal packaging, logistics, and customer engagement services. These solutions maintain temperature stability for over four days, addressing unexpected delivery delays and ensuring product integrity. The company caters to a diverse client base, including pharmaceutical manufacturers, healthcare providers, and logistics partners, primarily in North America and Europe, enhancing the last-mile delivery experience through innovative materials and technologies.American Aerogel Corporation generates revenue through B2B partnerships with pharmaceutical companies and healthcare providers. Its business model encompasses long-term contracts for Cold Chain Delivery Management services, which are tailored to clients' logistical needs. Clients engage the company for comprehensive delivery solutions, including thermal packaging and real-time tracking. The financial structure is based on service agreements where pricing is determined by service scope, transport volume, and required engagement levels. Specific pricing details are not publicly disclosed, but the company focuses on operational efficiency and risk mitigation in the competitive cold chain logistics sector.Following the investment of USD 5.57 mn raised in July 2018, American Aerogel Corporation plans to enhance its product offerings and expand its market presence. The funding will support the development of new products aimed at improving cold chain delivery solutions, addressing increasing market demands. The company is targeting expansion into additional markets within Europe and Asia by 2025, focusing on leveraging its innovative solutions to meet the needs of a growing customer base.

## Funding rounds

- Series B, Nov 26, 2007, $3.2M — VIMAC Ventures, Mount Royal Ventures

## Investors

- VIMAC Ventures (https://capitalatlas.ai/funds/vimac-ventures) — Series B
- Mount Royal Ventures (https://capitalatlas.ai/funds/mount-royal-ventures) — Series B