Bolstered by a recent round of equity funding, Raleigh startup FilterEasy went shopping. On Tuesday, the startup announced the search for growth through acquisition paid off.
Filter Easy
FilterEasy disclosed the addition of California-based CleanFilters.com, which is part of Renew Co. Financial terms were not disclosed.
It’s the third buy of a competitor that FilterEasty has made since its launch five years ago.
The startup, which recently moved into a new headquarters, offers air filter services for HVAC systems on a subscription basis. It closed on $6.9 million in new venture funding last July Triangle investors included: NC State Endowment Fund IDEA Fund Partners Triangle Angel Partners Cofounders Capital and Arsenal Venture Partners.
The deal adds an undisclosed number of new customers for FilterEasy, which said it will assume deliveries to CleanFilters customers.
“CleanerFilters.com’sscription service aligns perfectly with FilterEasy’s model, and we’re confident customers will be extremely happy with our ability to deliver high quality filters and exemplary customer service,” said Thad Tarkington, CEO of FilterEasy, in the announcement. “We’ve planned a seamless transition of service for CleanerFilters.com, so customers won’t have to worry about a thing. Plus, CleanerFilters.com’s customers will receive enhanced value, like free shipping on all orders and, in many cases, higher quality air filters. We’re committed to making sure we deliver on our mission to make cleaner air easier for consumers.”
FilterEasy says it is “the largest home air filter subscription service in America” but doesn’t disclose financial details.
