Wint Raises $35M in Series C Funding
Summary
Wint Water Intelligence, a New York-based water management and leak-prevention solutions for construction, commercial, residential and industrial applications, raised $35M in Series C funding. The round was led by Inven Capital and Insight Partners, with participation from Taronga Ventures. The company intends to use the funds to support its global market expansion and technological innovation. Led by CEO Alon Geva, Wint Water Intelligence equips contractors, developers, owners and facility management teams with solutions which leverage artificial intelligence and IoT technology to manage water throughout the lifecycle of a building, from construction to operations, preventing the hazards, costs, waste and environmental impact associated with water leaks and waste. The company provides a solution for commercial facilities, construction sites and industrial manufacturers looking to cut water waste and its associated carbon emissions and to eliminate the impact of water-leak disasters.