Conservation Labs

Pittsburgh, United States Founded: 2016 • Age: 10 yrs
IoT-based solutions for monitoring water pipelines are offered.

About Conservation Labs

Data last updated:

Conservation Labs is a company based in Pittsburgh (United States) founded in 2016. Conservation Labs has raised $9.96 million across 6 funding rounds from investors including IrishAngels, Innovation Works and RET Ventures. Conservation Labs offers products and services including H2know and Sustainable Machines. Conservation Labs operates in a competitive market with competitors including Flo Technologies, Phyn, GHGSat, TaKaDu and Fracta, among others.

Operational Areas
Environment β†’ Environmental Management & Pollution Control → Resource Recovery Solutions → Waste & Water Management Systems
Technology β†’ Internet of Things (IoT) & Connectivity → Embedded Systems Integration → Sensors & Smart Devices
High Tech Smart Homes Energy and Utilities Water Monitoring Pipeline Water Meters Internet of Things - Industry Applications Environment Tech
Key Metrics
  • Total Equity Funding
    $9.96 M (USD)

    in 6 rounds

  • Latest Funding Round
    $7.5 M (USD), Series A

    Feb 21, 2024

  • Investors
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Products & Services of Conservation Labs

Conservation Labs offers a comprehensive portfolio of products and services, including H2know and Sustainable Machines.

H2know
Smart Water Monitor
Primary

Monitors water usage and detects leaks for conservation.

Sustainable Machines
IoT Platform

Provides data for machine function monitoring and maintenance.

Funding Insights of Conservation Labs

Conservation Labs has successfully raised a total of $9.96M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in February 2024. 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.

  • Total Funding $10.0M
  • Total Rounds 6
  • Last Round Series A β€” $7.5M
  • First Round $32,500

    (15 Dec 2017)

  • Investors Count 10

All 6 funding rounds of Conservation Labs with amounts, post-money valuations and investors.

DateAmountTransaction NameValuationLead InvestorsInvestors
21 Feb 2024$7.5MSeries A–RET Ventures
01 Dec 2023UndisclosedSeed––
20 Aug 2020UndisclosedSeed–Momenta
21 Apr 2020$725,000Seed––
–
13 Nov 2019$1.7MSeed–IrishAngels
15 Dec 2017$32,500Seed––
–
Valuation history

10 investors in total: 10 institutional.

Investors in Conservation Labs

Conservation Labs has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include IrishAngels, Innovation Works and RET Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on the real estate startups
–ret.vcPark City, United States
Impact investments are made to support sustainable and equitable ventures.
2018sustainvc.comBoston, United States
PE, VC, and single family office focused on multiple sectors
–m7holdings.comAkron, United States
Industrial impact investments are driven by Momenta in critical sectors.
–momenta.oneEngelberg, Switzerland
Venture capital fund focused on Agtech and multiple sectors
–serraventures.comChampaign, United States
Venture capital investments are made in early-stage scaling companies.
–mountainstatecapital.comMorgantown, United States
Angel investments are made in Cloud, SaaS, and manufacturing sectors.
2012irishangels.comChicago, United States
-
–grouseridgecapital.com-
Software, hardware, and life sciences startups are funded and accelerated.
1999innovationworks.orgPittsburgh, United States
-
–alexafund.comSeattle, United States
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Investor details for Conservation Labs

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Timeline of Conservation Labs

3 dated milestones of Conservation Labs across 8 years, from founding to its latest funding, stage changes and deals.

  1. Conservation Labs is founded.
  2. First funding round of $32K.
  3. Latest funding round, Series A, of $7.5M.

Competitors of Conservation Labs

Conservation 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, Phyn, GHGSat, TaKaDu and Fracta, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
meetflo.com2015Culver, United States$39.2M–
Connected water-monitoring solution for smart home applications
phyn.com2016Torrance, United States$10.0M–
Connected water pressure monitoring system for smart homes
ghgsat.com2011Montreal, Canada$179.1M–
Satellite-based imaging services for greenhouse gas emission monitoring are offered.
takadu.com2009Yehud, Israel$6.0M–
Water and gas networks are monitored via cloud-based software.
fracta.ai2013San Francisco, United States$20.0M–
Provider of a SaaS platform to assess water conditions for utilities
wint.se2011Hagfors, Sweden$2.4M–
Invoice payable and expense management software is provided by Wint.
smarterhomes.com2013Bengaluru, India$4.2M57
Integrated smart water meters and software are developed for buildings.
spotr.ai2015The Hague, Netherlands$7.9M–
AI image recognition software is utilized for building maintenance inspections.
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Detailed competitors of Conservation Labs

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Latest news on Conservation Labs

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Complete news archive for Conservation Labs

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Frequently Asked Questions about Conservation Labs

Conservation Labs was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Conservation Labs is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Conservation Labs is a funded company, having raised a total of $9.96M across 6 funding rounds to date. The company's 1st funding round was a Seed of $32.5K, raised on Dec 15, 2017.

Provider of IoT-based water pipeline monitoring solutions. The device can be plugged into the water plumbing system which senses water flow and transmits data over a wifi network. The data is processed using a proprietary machine-learning algorithm in a cloud platform to provide water flow behaviour detects leakage conditions. Provides a smartphone application that gives water usage reports and alerts the user about water leakages. Can be used in residential properties and restaurants.

Conservation Labs's top competitors include Phyn, GHGSat and Flo Technologies.

Conservation Labs offers H2know and Sustainable Machines.

Conservation Labs has 10 investors. Key investors include IrishAngels, Innovation Works, RET Ventures, SustainVC, and M7holdings.

Conservation Labs operates through Conservation Labs, Inc.

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