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High Tech Series A Founded 2018

Pani

Pani (Pani Source) is a provider of AI-based connected water purification systems, offering a smart home product that enables consumers to personalize their purified drinking water with natural botanicals, vitamins, flavors, and temperature control. The Pani Source device features a three-stage filtration system using activated carbon, ion-exchange, and sub-micron membrane technology that removes up to 99 percent of…

📍 Austin, United States · Smart Homes,

Funding snapshot

Last roundSeries A
Amount$7M
Date26 July 2024
Total raised$10M
Team size14

About

Pani (Pani Source) is a provider of AI-based connected water purification systems, offering a smart home product that enables consumers to personalize their purified drinking water with natural botanicals, vitamins, flavors, and temperature control. The Pani Source device features a three-stage filtration system using activated carbon, ion-exchange, and sub-micron membrane technology that removes up to 99 percent of contaminants including chlorine, heavy metals, and pharmaceuticals, filtering 15 times more contaminants than leading pitcher filters. The system uses interchangeable pods that deliver up to 25 servings each, with options for flavor enhancements, vitamin boosts, and mineral additions, all formulated with non-GMO ingredients and no artificial colors, flavors, sweeteners, or preservatives. Users can adjust flavor strength, mix and match up to two pods simultaneously, and select specific water temperatures for each pour. The company's earlier technology included a connected device that could be retrofitted into any water appliance to passively measure water usage in showers, faucets, and toilets, using smart learning algorithms to provide real-time consumption data and reduce water bills. Founded in 2018 and headquartered in Austin, United States, the company has raised $10.0M in Series A funding from investors including Capital Factory.

Business model

Smart Homes > Kitchen Appliances > Water Purifiers,

Consumer Electronics E-Commerce > Home Appliances > Kitchen Appliances > Water Purifier,

Water and Wastewater Management Tech > Water Usage and Leak Detection > Smart Products > Purifiers

Institutional investors

Capital Factory Blake Chandlee Clayton Christopher Nav Sooch Daniel Cooley Brett Hurt Josh Baer

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