Enterprise Ireland has invested €250,000 in SMART FLOW, SMART FLOW is a real-time intelligent water monitoring provider, helping with water usage reduction, while providing property protection from plumbing leaks- An ESG essential solution for water sustainability. Founder David Hogan said it would help the company break into the US market.
SMART FLOW, founded in 2017 by David Hogan, is a water technology company that enables end-users to monitor their water usage 24×7 utilizing AI and a monitoring team.
Clients of SMART FLOW includes, major Irish and UK brands like Great national hotels, An Post, Omni Cinemas, Radisson Hotels, Harbor Hotels and the Talbot collection to name but a few.
The company is expected to raise €1.5 million for its next funding round in Q4 2022 which will be assisting in further expansion.
The company said the new investment would go towards the further development of the technology with new features planned for the platform.
SMART FLOW has already grown substantially over the last year.
“We have been blown away by the tremendous growth we’ve seen, but mostly by the huge impact on water savings and sustainability made by SMART FLOW for our clients,” said SMART FLOW CEO David Hogan. “We’re working with some of the world’s largest organizations to help them achieve their water sustainability targets.
“We assist a lot of companies in the UK and Ireland to achieve their water sustainability targets and to future proof their business against water-related issues. We’re thrilled to announce this new round of funding which will help fuel the next step in our journey to the U.S market.”
With water scarcity in the Top 5 Global crisis since 2018, along with your property 3 times more likely to be damaged by a plumbing leak than burglary. Water management is high on most organizations priority list due to the direct relation with ESG ,SMART FLOW is playing a significant role within the water sector.
By:- SMART FLOW