AAON, Inc.

About AAON, Inc.

AAON is a leader in HVAC innovation, focusing on advancing commercial and industrial heating, ventilation, and air conditioning solutions. The company aims to provide clean, efficient comfort through high-performance equipment and sustainable practices, with a commitment to decarbonization and energy efficiency.

Products & Services

Packaged Rooftop Units:Complete HVAC systems designed for rooftop installation, offering efficient heating and cooling.

Split Systems:Flexible systems combining indoor and outdoor units for optimized performance and decarbonized heating.

Air Handling Units:Indoor and outdoor units providing high-performance air management with options for humidification and heat recovery.

Air-Source Heat Pumps:Energy-efficient heating and cooling solutions using air as the heat source.

Water-Source Heat Pumps:Systems utilizing water for efficient heat transfer in heating and cooling applications.

Condensing Units:Durable and energy-efficient units designed for easy installation and pairing with air handling units.

Self-Contained Systems:Compact, all-in-one HVAC solutions for various applications.

Geothermal Heat Pumps:Sustainable systems using ground heat for energy-efficient heating and cooling.

Controls:Advanced systems to maximize HVAC performance, energy savings, and occupant comfort.

Alpha Class:Innovative commercial heat pump technology focused on cleaner, efficient comfort.

Delta Class:Highly configurable Dedicated Outdoor Air Systems (DOAS) for flexibility and efficiency.

Specialties

Commercial & Industrial HVAC Dedicated Outdoor Air Systems (DOAS) Decarbonization Energy Efficiency Indoor Air Quality Geothermal Systems Heat Pump Technology

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 600000000 MR: - FA: $600.0 million FAN: 600000000	D: 2025-12-29 FD: 2025-12-29	-

Debt Latest

2025-12-29

$600.0M

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

N

Norman H. Asbjornson

Executive Chairman

M

Matt Tobolski

CEO

G

Gary D. Fields

CEO

A

Angela E. Kouplen

Independent Director

C

Caron A. Lawhorn

Independent Vice Chair

S

Stephen O. LeClair

Independent Director

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Recent News

AAON, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised