GreenIQ

Company Overview

Snapshot

Founded in May 2013 by Odi Dahan, GreenIQ operates with 1–10 employees. The company has secured funding across 4 rounds from 2 investors, including a Seed round in November 2013 led by Entrée Capital. GreenIQ develops an IoT platform for efficient landscape irrigation, a technology that was highlighted in September 2015 with the launch of its 3G-powered smart garden device, connected exclusively by AT&T.

Business overview

GreenIQ develops an IoT platform designed for efficient landscape irrigation, aiming to reduce water consumption by up to 50%. Its core technology involves a smart sprinkler controller with Wi-Fi and 3G/4G connectivity, accessible via a mobile app. The platform integrates with soil sensors for moisture balance control and flow meters to detect leaks. GreenIQ serves a diverse market including homeowners, professional landscapers, irrigation companies, commercial real estate firms, and municipalities, operating within the Agriculture & Food Technologies sector.

Strategic signal

In September 2015, GreenIQ launched the first 3G-powered smart garden device, connected exclusively by AT&T. This development signaled a significant advancement in smart home and IoT technology for agriculture, demonstrating the company's capability to integrate advanced connectivity into its irrigation solutions. For investors, this indicated strong strategic partnerships and a commitment to innovation in water management and smart gardening.

Company Intelligence Q&A

What is GreenIQ's primary focus?

GreenIQ focuses on developing an IoT platform for efficient landscape irrigation, designed to optimize water usage and provide remote control capabilities for smart garden systems.

When was GreenIQ founded and by whom?

GreenIQ was founded in May 2013 by Odi Dahan.

What was a key product launch for GreenIQ?

In September 2015, GreenIQ launched the first 3G-powered smart garden device, which was connected exclusively by AT&T.

Which company led GreenIQ's Seed funding round?

In November 2013, Entrée Capital led GreenIQ's Seed funding round. This was one of four funding rounds for GreenIQ, which raised a total of $6.14M.

How does GreenIQ's technology help with water conservation?

GreenIQ's IoT platform controls irrigation scheduling based on current and forecasted weather, and can connect to soil sensors and flow meters, which helps reduce water consumption by up to 50%.