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Venture Capital News: WINT Receives $35M Series C Financing Round

2023-08-10
NEW YORK, NY, WINT Water Intelligence has completed a $35 million Series C funding round.
WINT Water Intelligence, the leader in cutting-edge water management and leak-prevention solutions for construction, commercial, residential and industrial applications, has completed a $35 million Series C funding round to drive continued growth and innovation in AI- and IoT-based solutions for managing water and mitigating water damage throughout a building's lifecycle.

The round was co-led by Inven Capital, a leading European climate tech fund, and global software investor Insight Partners, which also led WINT's B round. The round was joined by Taronga Ventures, one of the world's leading real asset technology investors, and other prop-tech and construction-tech investors, providing WINT strategic access to new markets.

WINT Water Intelligence is dedicated to helping businesses reduce their environmental footprint by preventing the hazards, costs, waste and environmental impact associated with water leaks and waste. Utilizing the power of artificial intelligence and IoT technology, WINT provides a solution for commercial facilities, construction sites and industrial manufacturers looking to cut water waste and its associated carbon emissions and to eliminate the impact of water-leak disasters. WINT has been recognized by Fast Company and CB Insights as one of the world's most innovative AI companies and has won multiple awards including "Next Big things in Tech" and Insurance Times' claims prevention technology award. It was also listed at the top 30% of Inc 5000 - the fastest growing companies in America in 2022.
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