Venmar

What Venmar does

Venmar Ventilation ULC is a Canadian-headquartered manufacturer and seller of residential ventilation and indoor air quality products, operating under the Broan-NuTone brand. Founded approximately in 1931 and headquartered in Mississauga, Canada, the company claims to be the category inventor in residential ventilation with products installed in 110 million North American homes and 13 trillion cubic feet of air moved annually. It employs 251-500 people and operates under the legal entity Venmar Ventilation ULC.

The company's product portfolio spans exhaust fans (standard, Bluetooth-enabled, humidity/motion-sensing, decorative/recessed, with lights, with heaters, and high-capacity variants), range hoods (under-cabinet, chimney wall-mount, professional, island, downdraft, outdoor, and ADA-compliant), whole-home fresh air systems (Energy Recovery Ventilators/ERVs and Heat Recovery Ventilators/HRVs), specialty ventilation and heating (in-line fans, utility/through-wall fans), doorbells, central vacuum systems, and roof/wall caps. Flagship offerings include the Broan ONE ERV (marketed as the only ERV with infield selectable airflow configuration) and the Broan ONE Exhaust Fan (marketed as the only exhaust fan with guaranteed airflow performance regardless of ductwork complexity). Core technology centers on mechanical ventilation, airflow management, and energy recovery.

Venmar's revenue model is hardware sales of one-time residential ventilation products to builders, residential contractors, and homeowners. Go-to-market combines a certified installer and dealer network across North America with a direct-to-consumer e-commerce storefront at shop.broan-nutone.com. Pricing is quote-based for contractor/installer channels and is not publicly disclosed. The company has been recognized 6 times as an ENERGY STAR Partner of the Year and provides custom specifier tools for builders and mechanical engineers to support code-compliant product specification.

Name

Venmar

Legal name

Venmar Ventilation ULC

Website

https://venmar.ca

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

251–500 employees

Short description

Venmar Ventilation ULC is a Canadian manufacturer of residential ventilation and indoor air quality products, selling exhaust fans, range hoods, HRVs/ERVs, and specialty ventilation under the Broan-NuTone brand to builders, contractors, and homeowners across North America.

Ownership category

akta.pro rank

Product category

Residential Ventilation and Indoor Air Quality Products

NAICS

Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB)

akta.pro secondary industries

Ventilation System Installation (Exhaust Fans, ERV/HRV, Make-Up Air) (HSAOAGAI), Ventilation System Installation & Repair (Bath/Kitchen Fans, ERV/HRV) (HSAOAIAF), Dampers, Louvers & Ventilation Controls (IMADANAD)

Keywords

• Residential ventilation products
• Indoor air quality
• Exhaust fans
• Range hoods
• Heat recovery ventilators

Headquarters

HQ city

Drummondville

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Residential Ventilation Hardware Sales: One-time hardware sales of exhaust fans, range hoods, Heat Recovery Ventilators (HRVs), Energy Recovery Ventilators (ERVs), and specialty ventilation products sold to builders, contractors, and homeowners.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Venmar (operating as Venmar Ventilation ULC under the Broan-NuTone brand) manufactures and sells built-in residential ventilation and indoor air exchange products, including bath exhaust fans, kitchen range hoods, Energy Recovery Ventilators (ERVs), Heat Recovery Ventilators (HRVs), specialty in-line and through-wall fans, doorbells, central vacuum systems, and roof/wall caps. The company is the category inventor in residential ventilation with 93 years of history, serving builders, residential contractors, and homeowners across North America through an e-commerce storefront and a certified installer/dealer network.

Product overview

Venmar operates as a diversified residential ventilation and indoor air quality solutions provider with a platform-plus-categories architecture. The company offers a comprehensive portfolio including Exhaust Fans (standard, Bluetooth, decorative/recessed, with lights, with heaters, humidity/motion sensing, high capacity/commercial), Range Hoods (under-cabinet, wall-mount chimney, professional style, island, built-in/power pack, downdraft, outdoor, ADA compliant), Fresh Air Systems (Energy Recovery Ventilators/ERVs and Heat Recovery Ventilators/HRVs), Specialty Ventilation & Heating (in-line fans, utility/through-wall fans), Doorbells, Central Vacuum Systems, and Roof & Wall Caps. Notable flagship products include the Broan ONE ERV (the only ERV with infield selectable airflow configuration) and the Broan ONE Exhaust Fan (the only exhaust fan with guaranteed airflow performance regardless of ductwork complexity). The company serves builders, residential contractors, and homeowners with products installed in 110 million homes across North America.

Differentiator

Problem solved

Functional benefit

Products and services

• Broan ONE Energy Recovery Ventilator (ERV)

Quantifiable outcome

• Reduces energy consumption for ventilation by 50%
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Panasonic Eco Solutions (Panasonic Home Comfort): Panasonic's WhisperLine/WhisperCeiling line competes directly with Venmar's residential exhaust fans and whole-home IAQ products. A broad global incumbent with significantly larger R&D and channel resources, competing through quiet-operation and energy-efficiency positioning.
• Carrier Global: Global HVAC leader whose residential and light-commercial product lines increasingly bundle ventilation and IAQ capabilities. Significantly larger scale, broader portfolio, and deeper contractor relationships create pricing and channel pressure on specialty players like Venmar.
• Honeywell International (Honeywell Home / Resideo): Broad HVAC and indoor air quality incumbent distributing residential ventilation components through professional contractor and retail channels. A scaled competitor with integrated thermostat/IAQ ecosystems, posing a strategic threat to standalone residential ventilation hardware.

Regional players

• Systemair: European-based manufacturer of ventilation fans, air handling units, and IAQ products serving residential and commercial markets. Comparable in residential HRV/ERV technology and product architecture, though primarily a European/regional player relative to Venmar's North American base.
• Aldes: French-headquartered ventilation and indoor air quality manufacturer with comparable residential and light-commercial product categories. Comparable on HRV/ERV and exhaust fan technology, though primarily a European/regional player relative to Venmar's North American focus.

Direct peers

• Broan-NuTone LLC: The U.S. sister entity under the Broan-NuTone brand, offering an overlapping portfolio of residential exhaust fans, range hoods, fresh-air systems, and specialty ventilation. Directly comparable in product mix, target customer (builders, contractors, homeowners), and North American distribution model.
• Fantech: Manufacturer of residential and light-commercial ventilation fans, HRVs, ERVs, and inline fans. Directly comparable product portfolio and channel strategy targeting HVAC contractors and builders in North America.
• Air King: Manufacturer of residential and commercial ventilation products including bath fans, range hoods, and inline fans sold through distributors and home centers. Comparable mid-market positioning and product breadth in the same channel ecosystem.
• Delta Breez (Delta Electronics): Specialty manufacturer of residential and light-commercial ventilation fans including humidity-sensing and energy-star-rated exhaust fans. Closely comparable product set and builder/contractor channel in North America.

Emerging players

• Zehnder Group: Swiss-headquartered manufacturer of energy-efficient residential and commercial ventilation (HRVs/ERVs) and radiant heating. Comparable in whole-home fresh-air systems category, though more active in Europe and representing an emerging competitive threat in premium North American IAQ projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/broannutone?lang=en
• YouTubeyoutube.com/user/BroanNuToneCanada
• Facebookfacebook.com/BroanNuToneCanada
• LinkedInlinkedin.com/company/venmar-ventilation-ulc
• Instagraminstagram.com/broannutonecanada/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Venmar