Announcing the closing of a $10 million Series A funding round, co-led by DBL Partners and Greensoil PropTech Ventures, Wynd Technologies Inc. is set to make indoor air monitoring and purification a breeze for businesses. While already known in the consumer segment for its innovative technologies, Wynd will be using the proceeds of this recent financing to grow the firm’s pioneering enterprise-grade, AI-based, air quality management solutions, according to PR Newswire.
From hotel rooms to restaurant tables and corporate offices, businesses, including a Fortune 500 hospitality firm and a market-leading eCommerce grocery delivery service, are increasingly using Wynd’s air monitoring and purification systems, which has led to Wynd’s development of a solution geared specifically for enterprises.
“Healthy and safe indoor air quality is a fundamental human right, not a privilege,” CEO Raymond Wu said. “Wynd’s indoor air quality platform offers affordable and effective monitoring and purification solutions for mass use among consumers and companies. Wynd is a leading indoor air quality system trusted by families, SMBs and F500 companies. We have sold over 45,000 air quality monitors and solutions, and we are building the largest data set of indoor air quality measurements in the world, so problem spaces can be identified and improved. This new funding from DBL and Greensoil allows Wynd to continue to scale our market-leading technology into commercial and residential built environments.”
Delivering on a History Rooted in Innovation
For the past five years, Wynd’s MIT alumni co-founders have been redesigning indoor air quality monitoring and analytics technology from the ground up. Wynd’s patent-pending indoor particle sensors feature Air ID technology, which leverages machine learning classification capabilities to speciate pollutants at the root level – from smog to pollen, dander, aerosols and more. In addition, Wynd’s suite of comprehensive indoor air quality sensors can be paired with the company’s powerful analytics software, allowing building owners, operators, tenants and residents to monitor and improve the health and safety of indoor air environments. Wynd’s connected products also are pioneering the creation of crowdsourced data maps of pollution hotspots based on insights from consumers and businesses.
“For years, DBL Partners has been searching for a game-changing air quality monitoring, filtration and purification company,” said Nancy Pfund, founder and managing partner of DBL Partners and a newly appointed director to Wynd’s board. “Wynd is that company. As the world grapples with pandemics and the health effects of the climate crisis, old-fashioned fans and vanilla purifiers are not enough. Wynd’s powerful, economical air purification and monitoring technology gives users what they want, when they need it and it takes the guesswork out of making sure they’re breathing healthy air. As a result, DBL Partners views Wynd as a key ally in the movement for climate justice.”