Phigenics receives investment from Battery Ventures
The undisclosed investment will support growth of Phigenics’ water-safety services and software for facilities.
Testing and monitoring facility water systems
Phigenics helps facilities manage risks from Legionella and other waterborne pathogens through water-management programs, testing and continuous monitoring. Its phiAnalytics software brings test results, sensor readings, alerts and corrective-action records together so teams can track findings and document how they respond.
The company says it serves more than 250 organizations across healthcare, hospitality and retail. It plans to expand its capabilities and market reach and invest in new and existing products; the transaction amount was not disclosed.
Use of funds
Expand capabilities and market reach
Invest in new and existing products