WINT Water Intelligence News
15 articles
WINT and HSB partner to deliver holistic water protection
WINT Water Intelligence, a company specializing in water management and leak-prevention solutions, has announced a partnership with multi-line specialty insurer HSB. The partnership will combine WINTs AI-based water management solutions with HSBs expertise in IoT technology and OEM uptime warranty solutions to provide businesses with comprehensive protection from water leak damage. As part of the partnership, HSB will distribute WINTs solutions to its customers and provide a performance warranty for WINT technology. The partnership aims to mitigate the rising costs of water damage claims in commercial properties and on construction sites.
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The start-up WINT raises 35m$
Israeli start-up WINT, which has developed a technology to prevent water leaks and damage in buildings, has raised $35 million in a funding round led by Inven Capital and Insight Partners. The companys system reads water flow data in real time and applies artificial intelligence algorithms to learn the characteristics of the water flow and immediately detect any deviation or anomaly. WINTs clients include global giants such as Microsoft, HP, PepsiCo, and the Empire State Building, as well as Israeli customers such as the Weizmann Institute, insurance companies, building management companies, Discount Bank, Tidhar, Azrieli, and more.
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WINT announces $35 million Series C funding round
WINT Water Intelligence, a leader in AI-based water management solutions, has raised $35 million in a Series C funding round. The investment was co-led by Inven Capital and Insight Partners, with participation from Taronga Ventures and other prop-tech and construction-tech investors. The funding will be used to drive WINTs growth and innovation in AI- and IoT-based solutions for managing water and mitigating water damage. The investment reflects the increasing global need for water management solutions that prevent water waste and its associated carbon emissions.
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WINT and HSB offer water damage warranty to protect contractors and developers from rising water damage costs - WINT
HSB and WINT announce a joint program to reduce the financial impact of water damage on construction jobsites. The partnership provides financial relief of up to $250,000 through an industry-first warranty program. HSB will reimburse the cost of resulting water damage if the WINT system fails to prevent it. This initiative aims to protect general contractors and developers from the rising costs of water damage in the construction industry.
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WINT Announces a $15 Million Round for Water Sustainability and To End Water Waste and Damage in the Built Environment
WINT Water Intelligence has completed a $15 million Series B funding round led by Insight Partners. The funding will drive WINTs market expansion and innovation in water management and leak-prevention solutions. WINT aims to help prevent water damage, reduce consumption, and cut operational expenses and environmental footprint. The investment is expected to address the challenges of water waste and leaks in the built environment, contributing to global water scarcity and carbon emissions. Numerous global construction and real-estate companies, including Suffolk Construction and Consensus Business Group, participated in the funding round. WINTs AI-driven water intelligence technology helps organizations eliminate water damage and improve sustainability.
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WINT named to Fast Company's first-ever list of the next big things in tech
WINT Water Intelligence has been named to Fast Companys Next Big Things in Tech list, recognizing 65 technologies that are making waves in various industries. WINTs solutions use AI, machine learning, and signal processing to analyze water flow and identify inefficiencies and leaks, reducing waste and consumption by 20%-25%. The company aims to optimize water consumption, reduce waste, and eliminate carbon emissions. The recognition from Fast Company highlights the importance of advanced technologies in solving real-world problems and their potential impact on the future.
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WINT launches leak prevention solution for HVAC chilled water systems
WINT Water Intelligence has developed a solution to detect and prevent leaks and other issues in chilled water systems and pipes. The solution uses advanced AI, machine learning, and signal processing technologies to deliver high detection accuracy. It detects drip-level leaks and can shut off water flows and isolate impacted areas. The solution helps facilities teams and insurance companies prevent damage and reduce ongoing water bills. WINTs edge devices are installed on chilled pipes and use AI technology combined with cloud-based computing and a mobile app for remote control and valve shut-off. The company aims to help businesses prevent water leaks and eliminate the hazards, costs, and waste associated with them.
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WINT to provide water leak detection in AXA XL's Construction Ecosystem
WINT Water Intelligence has partnered with AXA XL to provide an integrated digital platform for contractors to manage and reduce risks on construction jobsites. AXA XLs Construction Ecosystem incorporates WINTs AI-powered system to prevent water-leak damage and provide unique insights and risk management tools. The partnership aims to help contractors and operational facilities eliminate costs associated with repairs, lost time, increased insurance premiums, and project delays. WINTs leak prevention solution will be available to select AXA XL customers in June, with wider access scheduled for later in 2020.
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WINT Named to Fast Company's Annual List of the World's Most Innovative Companies for 2020
WINT Water Intelligence has been named to Fast Companys Worlds Most Innovative Companies list for 2020. WINT uses artificial intelligence and pattern matching to detect water leaks and waste, helping organizations reduce their environmental footprint and improve sustainability. The companys solutions have been successfully deployed at thousands of locations worldwide and have won multiple awards. WINTs inclusion on the list showcases its impact on the industry and culture, highlighting its innovative approach to addressing water leak issues.
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WINT AI-Powered Leak Prevention Technology Wins Gold Award
WINT Water Intelligence, a water intelligence technology provider, has won a gold award at the Insurance Times Awards for its Excellence in Technology - Claims category. WINTs artificial intelligence-powered solution helps insurers, facilities managers, and contractors reduce water damage risk and claims by identifying anomalies and leaks. The companys technology has been recognized for improving operational efficiencies, claims processes, customer services, and business administration in the insurance market. WINTs solution is used at thousands of locations worldwide, helping organizations avoid costly water damage and reduce their environmental footprint.
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Artificial Intelligence Can Prevent Enormous Amounts Of Damage And Water Loss From Building Leaks
The article discusses the problem of water damage in buildings and the solutions provided by WINT Water Intelligence, an Israeli company. WINT uses artificial intelligence to detect leaks and conserve water in commercial and government buildings. The system can save significant amounts of water and prevent costly damage caused by leaks. The article highlights the financial and environmental benefits of WINTs solution and mentions examples of buildings that have experienced water damage. WINT is expanding its operations to the U.S., UK, Australia, and Singapore, and expects growing demand for its services.
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WINT Water Intelligence Tackles Waste While Improving Efficiency
WINT Water intelligence, a company that uses smart technology and AI to save water and reduce expenses for businesses, is now available in the United States. The companys CEO, Alon Geva, states that up to 25 percent of water is wasted through leaks, bursts, and overuse. WINTs comprehensive system of smart valves, AI, machine learning, and communication systems can detect anomalies, overuse, and leaks in real time, allowing businesses to take action to conserve water. The technology promises a rapid return on investment, as businesses can save approximately 25% on their water bills. WINT has already seen success with Fortune 500 companies and is expanding its customer base in the US. The company aims to address the growing need for water conservation and reduce water waste.
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Nevada Casino Resort Uses AI to Manage Water Consumption
Atlantis Casino Resort Spa has implemented smart water-metering devices and artificial intelligence in an effort to prevent damage from leaks and reduce its water consumption. This move is part of the companys conservation and facilities management efforts.
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Facilities Management News:Software Aims To Reduce Water Consumption - Plumbing & Restrooms Coverage
WINT Water Intelligence has announced the availability of its products and services in the United States. The companys solution uses advanced artificial intelligence to analyze water flow and identify anomalies, waste, and leaks in real-time. It provides instant alerts and can automatically shut off water to prevent damage. The solution also offers detailed analytics and reports to help reduce water consumption and prevent damage. WINT Water Intelligence devices are designed for use in commercial facilities. The company aims to help businesses avoid water damage and become more sustainable.
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Artificial Intelligence-Powered Leak Detection and Water Conservation System Launches in the U.S.
WINT Water Intelligence has announced the availability of its water management solutions in the United States. The company uses advanced artificial intelligence to analyze water flow in real-time and identify anomalies, waste, and leaks. It provides instant alerts and can automatically shut off water to prevent damage. The solution also offers detailed analytics and reports to help reduce consumption and prevent damage. WINT Water Intelligence devices are designed for use in commercial facilities. The company aims to help businesses avoid water damage and become more sustainable. The announcement signifies growth for WINT Water Intelligence.
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