Carrier

Carrier

Integrated fire, security, and building automation

Overview

Carrier Fire & Security provides fire detection, security systems, and building automation for residential, commercial, and enterprise customers. Its products include scalable fire detection systems that range from single-panel setups to large, networked configurations with thousands of detectors, all designed to work together as integrated, smart-building solutions. The company differentiates itself through its ability to offer end-to-end, globally deployed systems that combine fire safety, security technologies, and building automation into one platform. The goal is to protect people and property by delivering reliable, integrated safety and building-management solutions for facilities of any size across North America, Europe, and Australia.

Significant Headcount Growth

About Carrier

Simplify's Rating
Why Carrier is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Government & Public Sector

Enterprise Software

Cybersecurity

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$1.4B

Headquarters

Palm Beach Gardens, Florida

Founded

2003

Simplify Jobs

Simplify's Take

What believers are saying

  • Industrial fire business sale to Sentinel Capital enables focus on higher-margin HVAC.
  • Smart building integration across fire, security, and automation attracts enterprise customers.
  • Established brand portfolio including Edwards, GST, Aritech maintains customer relationships and trust.

What critics are saying

  • Kidde Global Solutions under Lone Star captures commercial fire market share directly.
  • Spectrum Safety Solutions competes for industrial fire and smart building security integrations.
  • Honeywell bundles former Global Access Solutions with fire systems in enterprise segment.

What makes Carrier unique

  • BluEdge service platform delivers best-in-class lifecycle support for fire and security equipment.
  • Integrated portfolio spans fire detection, suppression, access control, video management across applications.
  • Global presence serves residential, commercial, industrial clients with scalable networked systems.

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Funding

Total Funding

$1.4B

Above

Industry Average

Funded Over

1 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

34%

1 year growth

34%

2 year growth

0%
PR Newswire
Feb 2nd, 2026
Carrier launches generative AI feature 'Tell Me More' to help building operations teams interpret predictive insights

Carrier Abound has launched "Tell Me More", a generative AI feature within its Abound Insights Assistant application designed to help building operations teams interpret predictive insights and take action more quickly. The feature provides additional context and actionable guidance for facility managers and technicians managing building systems. The tool combines equipment operations data from the Abound Insights platform with generative AI trained on technical manuals, creating a conversational interface to support technician workflows. When issues are identified, the feature adds context to predictive insights and recommended actions, helping reduce ambiguity and improve equipment uptime and energy efficiency. The Abound platform currently connects to over 150,000 pieces of equipment across various building environments. The feature aims to address growing HVAC technician shortages by supporting knowledge transfer and faster issue resolution.

PR Newswire
May 2nd, 2025
Carrier Completes Acquisition of Addvolt, Enhancing its Electrification Solutions

/PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has acquired long-term partner Addvolt, S.A....

GlobeNewswire
Feb 6th, 2025
75F Raises Additional $45M Series B to Increase Energy Savings and Make Building Automation Easier

75F raises $45M Series B to scale AI-powered HVAC automation and deliver smarter energy efficiency solutions for commercial buildings worldwide....

Reporter.am
Oct 31st, 2024
**Carrier Global Corporation Prices Private Offering of €750 Million Euro-Denominated Notes Due 2037**<br/><br/>**

** Carrier Global Corporation, a leading provider of heating, ventilating, and air conditioning solutions, announced on October 28, 2024, the pricing of a private offering for €750,000,000 aggregate principal amount of 3.625% euro-denominated notes due 2037. The offering, subject to customary closing conditions, is expected to conclude on November 8, 2024. The net proceeds from […]

Hankook Silicon Co., Ltd.
Aug 28th, 2024
Bank of America Funds Carrier $1.83B

Bank of America has committed to providing $1.83 billion in leveraged loans to Lone Star Funds for the acquisition of Carrier Global Corp's commercial and residential fire safety business. The proposed acquisition, valued at $3 billion, was announced two weeks ago and is expected to be completed by the end of the year.

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