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Adept Materials

Materials Technology Somerville, MA ~150 employees
Founded
--
Employees (Est.)
~150
10 leaders known
Total Funding
$4.0M
Funding Rounds
1
Last Funding
2024-08-06

About Adept Materials

Adept Materials is a company focused on revolutionizing moisture control through innovative technology. Originating from a lab at Brown University, their mission is to enhance durability, comfort, and energy efficiency in various applications by managing vapor, humidity, and temperature with sustainable materials.

Products & Services

Lilypad:The first moisture control wall paint, soon to be launched.
Moisture Control Technology:A versatile technology available in forms like coatings, films, and overlays, providing directional vapor control, humidity regulation, and temperature management for applications in buildings, apparel, packaging, and healthcare.

Specialties

Directional Vapor Control Humidity Regulation Temperature Management Sustainable Materials Energy Efficiency

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed 		A: 4000000
MR: -
FA: $4M
FAN: 4000000 		D: 2024-08-06
FD: 2024-08-06 		4 investors
Seed Latest
2024-08-06
$4.0M
4 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Derek Stein

Founder & CEO

LinkedIn (Pro only)
I

Ilya Rushkin

Principal Chemist

LinkedIn (Pro only)
D

Doycho Karagyozov

Lead Test Engineer

LinkedIn (Pro only)
S

Sarah Colburn

CFO

E

Evita Willems

Material Scientist

D

Daniel Cromie

Executive Chairman

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Recent News

Adept Materials Announces New Product Launch

2 days ago

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

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

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

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Company Recognized as Industry Leader

2 weeks ago

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

Read more →

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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

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Company Details

Industries
Materials Technology
Company Size
~150 employees (est.)
Locations
Somerville, MA

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Technology Stack

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