# Molekule

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

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.molekule.com
- Total disclosed funding: $96M
- Latest round: Series C (Feb 25, 2020)
- Investors on record: 11

## About

Molekule, Inc. is a US-based company specializing in advanced air purification technologies to enhance indoor air quality for both residential and commercial audiences.Founded in 2014 in San Francisco, US, Molekule, Inc. focuses on innovative air purification solutions. The company has raised a total of USD 10.00 mn, with its latest funding round in September 2021 from Sourcenext, Inc. The founders include Dilip Goswami, Jay Rao, Lovely Goswami, and Yogi Goswami, with Jason DiBona and Jaya Rao serving as executives.Molekule specializes in innovative air purification solutions designed to improve indoor air quality for residential and commercial spaces. The company's core offerings include the Air Pro and Air Mini+, both of which utilize proprietary PECO (Photo Electrochemical Oxidation) technology combined with HEPA filtration to effectively capture and destroy a wide range of airborne pollutants, including allergens, viruses, mold, and volatile organic compounds. Released after 25 years of research, these products cater to various environments, such as bedrooms, offices, and larger living areas, and are specifically marketed to health-conscious consumers, individuals with allergies, and those seeking cleaner indoor air. Molekule’s products are available in multiple geographical markets, including the United States, Canada, and regions within the UK and EU, targeting both individual consumers and businesses.Molekule generates revenue primarily through the sale of its air purifiers and associated products, facilitating transactions with both direct-to-consumer sales and partnerships with retailers. The company employs a subscription model known as Molekule Monthly, allowing customers to rent the Air Pro for a fixed monthly fee, providing flexibility without long-term commitment, while also ensuring regular access to innovative air purification technology. Revenue from direct sales includes flagship products such as the Air Pro and Air Mini+, which serve both residential and commercial clients. The company emphasizes affordability and accessibility, with pricing structures designed to accommodate a diverse customer base, from individual households to larger organizations seeking to maintain healthy indoor environments.In September 2021, Molekule, Inc. raised USD 10.00 mn in venture funding, which will be utilized to advance its air quality technology and expand its business reach. The company aims to continue developing new products tailored for different market segments and plans to explore additional markets and geographic regions to enhance its distribution. Specific future initiatives will include launching updated models of their air purifiers and expanding distribution into new territories to capture a broader customer base.

## Funding rounds

- Series C, Feb 25, 2020, $58M — Crosslink Capital, TransLink Capital, Foundry Group, Uncork Capital, Inventec Appliances Corp, Founders Circle Capital, RPS Ventures
- Series B, Jun 12, 2018, $25M — Crosslink Capital, TransLink Capital, Foundry Group, Uncork Capital
- Series A, Jul 19, 2017, $10M — Crosslink Capital, TransLink Capital, Uncork Capital, HCM Capital, Hack VC
- Seed, May 24, 2016, $3.3M — Crosslink Capital, China Science & Merchants Capital Management, Uncork Capital, Hone Capital, Hack VC

## Investors

- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Seed, Series A, Series B, Series C
- China Science & Merchants Capital Management (https://capitalatlas.ai/funds/china-science-merchants-capital-management) — Seed
- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Seed, Series A, Series B, Series C
- Hone Capital — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed, Series A
- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Series A, Series B, Series C
- HCM Capital (https://capitalatlas.ai/funds/hcm-capital) — Series A
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B, Series C
- Inventec Appliances Corp — Series C
- Founders Circle Capital (https://capitalatlas.ai/funds/founders-circle-capital) — Series C
- RPS Ventures (https://capitalatlas.ai/funds/rps-ventures) — Series C