WINT Water Intelligence, an Israeli startup that uses AI for water management and leak-prevention solutions for construction, commercial, residential and industrial applications, raised $35 million in a Series C funding round co-led by Inven Capital, a leading European climate tech fund and global software investor Insight Partners, which also led WINT’s B round.
It’s about water conservation. And these days, with climate change causing drought everywhere, saving every drop counts more than ever. And being a desert country, Israel has always been at the forefront of water conservation.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Founded in 2018 by Alon Geva and Yaron Dycian, WINT solutions are used by organizations worldwide to save water, reduce consumption, and prevent water leaks. WINT is used in commercial and industrial facilities, offices, homes and apartments. It prevents water damage caused by leaks, broken pipes or malfunctioning water systems. WINT boasts that the firm’s customers gain deep insights about their water use to identify water waste and reduce consumption by 25%.
WINT uses artificial intelligence and pattern matching to detect water leaks and waste. It continuously learns and adapts to your water network to ensure detection is optimized for your site. And it compares your site’s usage patterns with our pre-established database of water users such as irrigation, lavatories, or specialized equipment.
WINT integrates with building management systems for unified control across the facility.
WINT devices communicate with the cloud over the cellular network. They are fully autonomous and will continue to operate even regardless of communication.
“We’re excited to close this round at a time when water scarcity and climate change are becoming some of humanity’s greatest challenges, while the costs of water leak damage in buildings is reaching unacceptable levels for insurers, owners, developers and contractors,“ said Alon Geva, CEO of WINT. “We’re thrilled by the opportunity to partner with Inven and with other world-leading real estate and climate tech investors, and we are confident that their support and industry depth will help us solve these massive challenges for the world’s built environment.”
