About Alert Labs
Alert Labs is a company based in Kitchener (Canada) founded in 2015 was acquired by Watsco in October 2018. Alert Labs has raised $30 thousand across 3 funding rounds from investors including Watsco, Intact Ventures and BDC. The company has 72 employees as of March 29, 2024. Alert Labs offers products and services including AlertAQ™ Platform, Flowie-O Water Flow Sensor, Floodie Flood Sensor, Shuttie Auto Water Shut-Off Valve, and Humie Humidity & Temperature Sensor. Alert Labs operates in a competitive market with competitors including Flo Technologies, FIDO, Phyn, Banyan Water and OleumTech, among others.
- Headquarter Kitchener, Canada
- Employees 72 as on 29 Mar, 2024
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Sectors
TechnologyEnvironment
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Email
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Phone
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Website
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Social
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- Legal Name Alertlabs India Private Limited
- Date of Incorporation 03 Jan, 2017
- Jurisdiction Chandigarh, Chandigarh, India
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Annual Revenue
$1.77 M (USD)23.18as on Mar 31, 2022
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Net Profit
$125.75 K (USD)14.19as on Mar 31, 2022
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EBITDA
$177.82 K (USD)16.63as on Mar 31, 2022
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Total Equity Funding
$30 K (USD)
in 3 rounds
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Latest Funding Round
$30 K (USD), Seed
Dec 19, 2017
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Investors
Watsco
& 5 more
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Employee Count
72
as on Mar 29, 2024
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Acquired by
Watsco
(Oct 10, 2018)
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Products & Services of Alert Labs
Alert Labs offers a comprehensive portfolio of products and services, including AlertAQ™ Platform, Flowie-O Water Flow Sensor, Floodie Flood Sensor, Shuttie Auto Water Shut-Off Valve, and Humie Humidity & Temperature Sensor.
AI-powered system for water and A/C intelligence in buildings
Device to detect and monitor water flow for leak prevention
Tool for identifying water leaks and flooding in facilities
Automatic valve to stop water flow during detected leaks
Sensor for tracking humidity and temperature in buildings
People of Alert Labs
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Funding Insights of Alert Labs
Alert Labs has successfully raised a total of $30K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $30 thousand completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Alert Labs
Alert Labs has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Watsco, Intact Ventures and BDC.
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Garage.com is operated as a platform connecting customers to garage door service providers.
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Investments in venture capital, private equity, and real estate are conducted by Hedgewood using its own capital.
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Investor details for Alert Labs
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Investments & Acquisitions by Alert Labs
Investment portfolio details for Alert Labs
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Financial Statements - Alert Labs
Detailed financials for Alert Labs
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Alert Labs Comparisons
Peer comparison for Alert Labs
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Competitors of Alert Labs
Alert Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flo Technologies, FIDO, Phyn, Banyan Water and OleumTech, among others.
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Connected water-monitoring solution for smart home applications
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AI-driven SaaS solutions for acoustic leak detection are offered.
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Connected water pressure monitoring system for smart homes
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Smart water management solutions are offered for usage optimization.
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Provider of connected sensors
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Detailed competitors of Alert Labs
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Latest news on Alert Labs
Complete news archive for Alert Labs
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Frequently Asked Questions about Alert Labs
Alert Labs was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Alert Labs is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Alert Labs is a funded company, having raised a total of $30K across 3 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Alert Labs is 72.
Annual revenue of Alert Labs is $1.77M as on Mar 31, 2022.
Alert Labs was founded in 2015 in Kitchener, Canada, focusing on the IoT sector for residential water and environmental monitoring. Sensors are provided to detect basement issues such as water leaks, floods, power outages, and temperature fluctuations, with alerts sent when thresholds are exceeded. Products include water flow, furnace, water softener, sump pump sensors, and flood detectors, connected via cellular networks for real-time dashboard access without internet dependency.
Alert Labs's top competitors include FIDO, Phyn and Flo Technologies.
Alert Labs offers AlertAQ™ Platform, Flowie-O Water Flow Sensor, Floodie Flood Sensor, Shuttie Auto Water Shut-Off Valve, and Humie Humidity & Temperature Sensor.
Alert Labs has 6 investors. Key investors include Watsco, Intact Ventures, BDC, Accelerator Centre, and Garage.com.