U

AquaSmart

AI-powered Water Leak Prediction
Startup Seed Founded 2022 Industrial Technologies
Last Update Dec 11, 2024 · Claimed

AquaSmart News

1 article
Nov 19, 2024 · www.argusdelassurance.com
growth-positive
L'assurtech de la semaine : AquaSmart crée une appli pour traquer les fuites
AquaSmart, an assurtech company founded in 2021, specializes in leak detection to prevent water damage in homes. Their Clip-On device, which uses ultrasonic sensors and AI, alerts users to leaks and provides water consumption insights. Currently in a pilot phase in France with partners like Verisure, Macif, IMA Protect, and Covéa, AquaSmart has raised nearly $1 million from co-founders and French business angels. The company plans to expand further into Europe by 2025. AquaSmarts technology significantly reduces leak-related incidents, offering insurers a proactive risk management tool. The company is headquartered in Netanya, Israel, with operations in France and Canada.
InvestmentPartners