AquaSmart
AI-powered Water Leak Prediction
Company Overview
Snapshot
Founded in January 2022 by Avraham Davidson, Daniel KLAJMIC, and Asher Vaknin, AquaSmart operates with 1–10 employees. The company has raised $900,000 across two funding rounds. In November 2024, AquaSmart launched a new application designed to detect water leaks, enhancing its intelligent water management solutions.
Business overview
AquaSmart develops intelligent water management solutions that utilize AI, machine learning, and advanced ultrasonic sensors to monitor water flow in pipelines. The company's technology detects leaks and unusual water flow characteristics in real-time, providing immediate alerts and enabling automatic shut-off of affected sections to prevent damage and minimize water loss. AquaSmart serves markets in Israel, Europe, and North America, offering products like the Clip-On device for easy installation and a user-friendly smartphone interface for monitoring water consumption and anomalies. The company operates within the Industrial Technologies sector, with a focus on Sustainable Water Solutions and Climate Tech, targeting the Real Estate & Construction and Travel & Tourism industries.
Strategic signal
In November 2024, AquaSmart launched a new application focused on tracking water leaks. This development signals the company's continued innovation in intelligent water management, leveraging its AI-powered solutions to provide more accessible and proactive tools for leak detection. For investors, this indicates a strategic move to expand product offerings and enhance user engagement, potentially broadening its market reach within the real estate and hospitality sectors.
Company Intelligence Q&A
- When was AquaSmart founded and by whom?
- AquaSmart was founded in January 2022 by Avraham Davidson, Daniel KLAJMIC, and Asher Vaknin.
- What is AquaSmart's primary focus in terms of technology?
- AquaSmart specializes in AI-powered water leak prediction, utilizing artificial intelligence, machine learning, and advanced ultrasonic sensors for real-time monitoring of water flow in pipelines.
- What significant product development did AquaSmart announce in late 2024?
- In November 2024, AquaSmart launched a new application designed to detect and track water leaks, enhancing its intelligent water management offerings.
- What markets does AquaSmart currently serve?
- AquaSmart currently serves geomarkets in Israel, Europe, and North America.
- What is AquaSmart's total capital raised and number of funding rounds?
- AquaSmart has raised a total of $900,000 across two funding rounds.