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Aspen Aerogels

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Enabling a more sustainable future with innovative solutions for energy conservation and storage

Northborough, United StatesFounded 2001Energy
Valuation $339M Market cap · 2026
Revenue $196M Latest reported FY
Total funding $100–500M Disclosed equity funding

About Aspen Aerogels

Aspen Aerogels, Inc. specializes in advanced aerogel insulation solutions designed to enhance energy efficiency, safety, and sustainability across various industries. The company serves clients in sectors such as LNG, refining, petrochemicals, power generation, and electric vehicles. Aspen Aerogels operates in the industrial insulation market, providing products like Pyrogel and Cryogel that are essential for process stability and asset protection. The business model revolves around the commercialization of aerogel technology, which is backed by two decades of research and development. Aspen Aerogels generates revenue by selling its patented insulation products, which help clients reduce project costs, improve thermal management, and meet safety requirements. The company's solutions are particularly valuable in optimizing the energy density of lithium-ion batteries and supporting the adoption of electric vehicles. Aspen Aerogels' commitment to continuous innovation positions it as a leader in promoting a more sustainable future.

Source: Dealroom company data

At a glance

Founded
2001
Headquarters
Northborough, United States
Listing
IPO 2014
Sector
Energy
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Knowledge graph

News, research, reports and resources connected to this company by Dealroom
Market map US Advanced Materials Startups Jun 25, 2026

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A1 investor entered at this stage

  • RockPort Capital

Series B and later11 investors entered at this stage

  • Tenaya Capital
  • Lehman Brothers
  • Reservoir Capital Group
  • Arcapita Group Holdings
  • Argonaut Private Equity
  • BASF
  • BASF Venture Capital
  • Argonaut Capital Management
  • General Motors
  • Midcap Financial
  • US Department of Energy

Talent

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Employees mapped 454 incl. 2 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
18 countries with
team presence
🇺🇸 United States67.9%
🇲🇽 Mexico23.9%
🇲🇾 Malaysia1.1%
🇨🇦 Canada0.7%
🇸🇪 Sweden0.7%
Top 5 of 18 shown
Web traffic by country
44K monthly visits
across markets
🇧🇷 Brazil27%
🇺🇸 United States12.5%
🏳️ Korea10.2%
🏳️ Republic of6.8%
🇨🇦 Canada5.7%
Top 5 markets shown

Patents

Estimated portfolio value
$130M

108 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Aspen Aerogels on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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