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High Tech Series A Founded 2016

Conservation Labs

Provider of IoT-based water pipeline monitoring solutions. The device can be plugged into the water plumbing system which senses water flow and transmits data over a wifi network. The data is processed using a proprietary machine-learning algorithm in a cloud platform to provide water flow behaviour & detects leakage conditions. Provides a smartphone application that gives water usage reports and alerts the user…

📍 Pittsburgh, United States · Smart Homes,

Funding snapshot

Last roundSeries A
Amount$8M
Date21 February 2024
Total raised$10M
Team size16

About

Provider of IoT-based water pipeline monitoring solutions. The device can be plugged into the water plumbing system which senses water flow and transmits data over a wifi network. The data is processed using a proprietary machine-learning algorithm in a cloud platform to provide water flow behaviour & detects leakage conditions. Provides a smartphone application that gives water usage reports and alerts the user about water leakages. Can be used in residential properties and restaurants. The company was founded in 2016 and headquartered in Pittsburgh, United States. It has raised $10M in series a funding, with backing from IrishAngels, Mountain State Capital, Innovation Works, Serra Ventures, and others. The company operates in the High Tech - Smart Homes, Internet of Things - Industry Applications - Smart Homes, Environment Tech - Water and Wastewater Management Tech space.

Business model

Smart Homes > Energy and Utilities > Water Monitoring > Pipeline > Water Meters,

Water and Wastewater Management Tech > Pipeline > Monitoring > Water

Institutional investors

IrishAngels Mountain State Capital Innovation Works Serra Ventures Alexa Fund RET Ventures SustainVC Momenta Grouse Ridge Capital M7holdings 412 Venture Fund Techstars Mazarine Ventures

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