What is Waterplan?
Waterplan operates as a Software-as-a-Service (SaaS) solution designed to help companies effectively manage water availability within their facilities. Headquartered in San Francisco, California, the company provides a crucial tool for industries facing increasing water scarcity and regulatory pressures. Its platform enables businesses to monitor, analyze, and optimize their water usage, contributing to operational efficiency and sustainability goals.
How much funding has Waterplan raised?
Waterplan has raised a total of $18M across 2 funding rounds:
Angel/Seed
$7M
Series A
$11M
Angel/Seed (2022): $7M with participation from Tom Blomfield, David Helgason, Giant Ventures, Leonardo DiCaprio, Transition Global, and Branson Family
Series A (2023): $11M led by Base10 Partners and YCombinator
Key Investors in Waterplan
Base10 Partners
Base10 Partners is a technology investment firm that focuses on backing founders addressing widespread societal challenges. They are known for their commitment to social impact, dedicating a portion of their profits to scholarships for underfunded colleges, aiming to cultivate future technology leaders.
YCombinator
YCombinator is a highly selective startup accelerator program that provides seed funding and mentorship to early-stage companies. It has a strong track record of supporting successful technology ventures and is a key player in the global startup ecosystem.
Leonardo DiCaprio
Leonardo DiCaprio, through his foundation, is dedicated to environmental protection and sustainability initiatives. His involvement suggests a strategic alignment with Waterplan's mission to address critical water management issues and promote ecological well-being.
What's next for Waterplan?
The recent Series A financing, characterized as a major strategic investment, positions Waterplan for accelerated scaling and market expansion. This infusion of capital is expected to fuel product development, enhance customer acquisition efforts, and potentially explore new geographical markets. The company's focus on a fundamental resource like water, combined with its SaaS model, suggests a strong potential for continued growth and industry leadership in corporate water stewardship.
See full Waterplan company page
