About American Aerogel
American Aerogel is a private company based in Rochester, New York. It has reported $174,423,694 raised in 13 offerings on Form D since May 2011. Its chief executive is Peter McHarg.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Aug 22, 2023 | Sep 5, 2023amended Apr 3, 2025 | $78,024,302of $78.0M target | 33 | $2.3M | EquityRule 506(b) | Form D/A ↗2 earlier filings |
| Apr 14, 2023 | Apr 27, 2023 | $3,000,000of $8.0M target | 3 | $1.0M | Debt, OptionsRule 506(b) | Form D ↗ |
| Aug 31, 2022 | Sep 12, 2022 | $5,172,240of $15.0M target | 8 | $646K | Debt, OptionsRule 506(b) | Form D ↗ |
| Aug 21, 2020 | Sep 4, 2020 | $17,500,000fully sold | 5 | $3.5M | EquityRule 506(b) | Form D ↗ |
| Jul 3, 2019 | Jul 18, 2019 | $31,494,371of $36.4M target | 12 | $2.6M | EquityRule 506(b) | Form D ↗ |
| Apr 17, 2018 | Jul 10, 2018 | $5,569,200of $7.0M target | 2 | $2.7M | EquityRule 506(b) | Form D ↗ |
| May 31, 2017 | Jun 13, 2017 | $1,750,000of $4.0M target | 2 | $875K | Equity, OptionsRule 506(b) | Form D ↗ |
| Sep 30, 2016 | Oct 17, 2016 | $1,250,000of $2.0M target | 2 | $625K | Equity, OptionsRule 506(b) | Form D ↗ |
| Dec 22, 2015 | Dec 30, 2015 | $10,397,359of $10.8M target | 28 | $371K | EquityRule 506(b) | Form D ↗ |
| Mar 10, 2015 | Jul 31, 2015 | $5,088,500of $8.5M target | 20 | $254K | Equity, DebtRule 506(b) | Form D ↗ |
| Apr 7, 2014 | Apr 18, 2014 | $2,500,000of $7.0M target | 5 | $500K | EquityRule 506(b) | Form D ↗ |
| Jan 28, 2013 | Feb 11, 2013 | $4,690,811of $5.6M target | 22 | $213K | Equity06 | Form D ↗ |
| May 13, 2011 | May 26, 2011 | $7,986,911of $12.0M target | 5 | $1.5M | Equity, Debt06 | Form D ↗ |
| Total, 13 offerings | $174,423,694 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on American Aerogel's Form D filed Apr 3, 2025.

Earlier filings also listed Robin Smith-Hoke (director, last listed Apr 2023), Roberto Gualdoni (director, last listed Apr 2023), Nicholas Lopocaro (director, last listed Apr 2023), Stephen McCluski (director, last listed Jul 2019), Peter Los (director, last listed Jul 2019), Michael Hammons (director, last listed Jul 2019), Joseph Stanislaw (director, last listed Jul 2019) and Mag Saba (executive officer, last listed Jun 2017).