Arsenal Invests in FilterEasy
Winter Park, FL – July 31, 2017 – Arsenal announced today its initial investment in Raleigh, NC based FilterEasy. In addition to the financing, Arsenal will be joining the FilterEasy Board of Directors.
FilterEasy was founded by Thad Tarkington and Kevin Barry. Launched in 2014, FilterEasy offers consumers automated delivery of their HVAC air filters using a proprietary web-based platform to provide a convenient solution to a common lingering problem – remembering when to change an HVAC air filter. FilterEasy’s subscription model guarantees that correct size HVAC air filters are conveniently delivered to a home’s doorstep so they may be changed on a regular basis, which can reduce monthly heating and cooling expenses by 5%-15% (according to the U.S. Department of Energy).
“We were not only impressed by FilterEasy’s sales growth, but by the strength of the team that Thad and Kevin formed,” stated John Trbovich, Arsenal General Partner.
“We look forward to leveraging Arsenal’s logistics experience and relationships to help expand our market. This is key to our continued growth. We are also excited to explore federal and corporate partners through Arsenal’s guidance,” commented Thad Tarkington, CEO.
The investment is Arsenal’s sixth investment in the Commerce/Logistics sector. Other investments include TravelTab, MyUS.com, BOXC, Le Tote and Thrive Market.
Launched in 2014, Raleigh-based FilterEasy offers consumers a subscription-based HVAC air filter fulfillment service using a proprietary web-based platform to provide a convenient solution to a common lingering problem – remembering when to change an HVAC air filter. FilterEasy’s subscription model guarantees that correct size HVAC air filters are conveniently delivered to a home’s doorstep so they may be changed on a regular basis, which can reduce monthly heating and cooling expenses by 5%-15%. AAF Flanders, the nation’s largest residential HVAC filter manufacturer and supplier to NASA and U.S. hospital systems, manufactures FilterEasy HVAC filters in the United States. https://www.filtereasy.com/
Arsenal is a unique growth equity firm that focuses at the intersection of government, large corporations, and emerging technology companies. Since 2000, Arsenal has partnered with visionary entrepreneurs building exceptional businesses in the enterprise, commerce/logistics, and healthcare sectors. Arsenal adds value by fostering relationships from our unique network and experience working with the Federal government and Global 1000 Companies. Leveraging our deep network within government agencies solidifies our position and is often our invitation into competitive syndicates. With a nationwide team, we take a theme driven approach that drives methodical outreach and targeted investments. Read more about Arsenal Venture Partners at www.arsenalvp.com and connect with us on LinkedIn and Twitter.
Arsenal Venture Partners