Wint raises $36m Series D for water intelligence platform
LIP Ventures and Inven Capital co-led the round as Wint expands software for monitoring water use and leaks in buildings.
Detecting water problems across a building
Wint analyzes water data from commercial and industrial buildings in real time, giving facilities and risk teams visibility into consumption, waste and leaks. Its platform can alert staff to abnormal conditions and provides insights on water temperature and boiler health across a building’s lifecycle.
The company says the new financing will support product development and strengthen its market position. Wint’s monitoring combines sensor data with software that helps teams respond before a leak causes wider damage.
Use of funds
Accelerate product development
Consolidate market position