Last Updated on April 12, 2022
The window air conditioning unit is one of the sexiest products on the market. However, Windmill argues the opposite, injecting new life into an industry that has been stumbling along for far too long. In order to make the omnipresent AC simpler to install, wiser and kinder to the environment, the business secured $10 million in funding.
“In 2018, I was relocating to Manhattan, where I had rented an apartment. The worst-looking window air conditioner you can imagine was discovered with my brother, who is now a co-founder of the firm. A common acquaintance in the city, Ryan, whose family has been in the air conditioning business for generations, was able to help us out. A few of Ryan’s technicians were dispatched, and the process was made simple. What do you do if you don’t know the guy?” asks Windmill CEO Michael Mayer. A new approach to this product category is needed. It’s very out-of-date and retrograde. Air conditioners and other air products are part of our 60-year history as an institution in this sector.
Its only product is a window-mounted 8,300 BTU unit. The next model will have a BTU rating of 5,000 and be more compact. Other air products are part of a comprehensive development strategy for the company’s product range. No details were provided, although a variety of cooling and heating solutions were mentioned by the CEO.
Windmill says that both the items themselves and the customer experience are infused with its proprietary sauce.
“I believe our appearance is the first thing consumers notice about us. Some have compared it to window eye candy since it resembles a Sonos speaker. Modern and slick characterise the industrial design. Our patent-pending, pre-assembled installation kit is very easy to use. To install the unit, just pull the box out of the ground and place it in the window. Mayer’s promise is that you won’t have to fiddle with a screwdriver.
Auto-dimming LED displays and app compatibility allow you to operate the AC unit from anywhere in the globe, allowing you to catch some shut-eye without a search-light glaring into your room. Additionally, it may be used with Google Home and Amazon’s Alexa devices.
There are thousands of Windmill air conditioners in every state of the US, according to the CEO, even though the firm won’t say how much money it raised or how many units it has sold.
Windmill expects to implement a power-saving initiative for all of its customers in 2022. Automation is being used to assist Windmill’s network of linked AC gadgets manage their power consumption. The business estimates that if the plan is effective, it may reduce electricity use by tens of thousands of kW.
Windmill’s first product was introduced in the summer of 2020 and sold out within 48 hours of its introduction, resulting in a 10,000-person waitlist by March of the following year. Customers’ interest in the product and retail relationships with Home Depot and PC Richard’s & Son led to a five-fold increase in annual growth from 2020 to 2021.
The firm obtained $3 million in funding last year; this time, it plans to seek $10 million in stock and debt. Dot capital is in charge of the group.
“This raise is really to help propel us to scale for the window AC, and we’re launching a new SKU of the window AC. We are also aiming to develop our larger vision,” explains Mayer. “I’m excited to show the world what we’re doing. For one, we are creating a connected suite of clean air products. The window AC is the first but there are tons of air products being used — heaters, fans, humidifiers, purifiers. The other side is energy management for our customers. These devices can talk to each other, and there’s a lot of things we can do with sensors, device-to-device communication, full home air management. So that’s where we’re headed.”
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