Company Overview
Snapshot
Founded in October 2015 by Dovik Barkay, Hydrantech operates with 1–10 employees. The company has raised $1,000,000 across one funding round from one investor. In March 2020, Hydrantech secured seed funding to advance its smart fire hydrant monitoring technology.
Business overview
Hydrantech develops a smart electronic bracelet designed for fire hydrants to monitor water flow and detect issues such as water theft or contamination. Its core technology involves cellular transmitters that communicate the status of each bracelet to a central control hub. The system uses sensors to track water movement, sending data to the Hydrantech cloud for interpretation. The interface, accessible via a web browser, triggers alarms on browsers and mobile devices if problems are detected. Hydrantech serves municipalities and operates within the Industrial Technologies sector, specifically focusing on Process Automation & Intelligence Systems and Water Utilities.
Strategic signal
In January 2020, Hydrantech's technology was highlighted for its potential to prevent both terror attacks and water theft, demonstrating its dual-use capability beyond simple monitoring. This signals a broader market applicability for its smart hydrant system, positioning the company as a critical infrastructure security provider rather than just a utility management tool, which could attract increased interest from security-focused investors and government entities.
Log in to access full profile ›Company Intelligence Q&A
- When was Hydrantech founded and by whom?
- Hydrantech was founded in October 2015 by Dovik Barkay.
- What is the primary application of Hydrantech's technology?
- Hydrantech's technology is primarily used by municipalities to monitor fire hydrants for unusual water flow, detect water theft, and identify contaminated water, enhancing urban water security and management.
- Has Hydrantech's technology been deployed in any cities?
- Yes, Hydrantech's technology has been launched in several Israeli municipalities, including Haifa, Petah Tikva, Safed, Rosh Haayin, and Tel Aviv.
- What was a notable event for Hydrantech in early 2020?
- In January 2020, Hydrantech's new Israeli technology was featured in news reports for its ability to prevent terror attacks and water theft, highlighting its innovative approach to municipal security.