Dropcountr

Redwood City, United States Founded: 2013 • Age: 13 yrs Acquired By KUBRA
Water conservation applications for utilities and consumers are developed.

About Dropcountr

Dropcountr is an Environment company based in Redwood City (United States) founded in 2013, and was acquired by KUBRA in February 2022. Water conservation applications for utilities and consumers are developed. It operates on a SaaS (Software-as-a-Service) model. Dropcountr has raised $600 thousand across 1 funding round from investors including KUBRA, Urban Innovation Fund and Zipdragon Ventures. Its chief executive, as recorded, is Rick Watkin. Dropcountr offers products and services including Dropcountr Platform. Its focus areas include Technology, Software and Utility Management Software. Its competitors include Phyn, Flo Technologies and StreamLabs; 2 of its 3 listed competitors have raised funding.

Company details

Dropcountr is focused on providing cloud-based data analytics and customer engagement solutions for water utilities. The platform transforms water meter data into actionable insights for utility staff and customers. It serves both standard and smart meter utilities, enabling digital communication, reducing service inquiries, and meeting modern customer expectations. Solutions are designed to modernize utilities by automating alerts and facilitating self-service tasks like bill payments.

Key Metrics
  • Total Equity Funding
    $600K (USD)

    in 1 rounds

  • Latest Funding Round
    $600K (USD), Seed

    Jul 2017

  • Investors
    KUBRA

    & 2 more

  • Acquired by
    KUBRA

    (Feb 2022)

Products & Services of Dropcountr

Dropcountr offers a comprehensive portfolio of products and services, including Dropcountr Platform.

Dropcountr Platform
Water Utility Software

Data analytics and engagement for water utility customers.

Funding Insights of Dropcountr

Dropcountr has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in July 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.

  • Total Funding $600,000
  • Total Rounds 1
  • Last Round Seed β€” $600,000
  • First Round $600,000

    (Jul 2017)

  • Investors Count 2

All 1 funding rounds of Dropcountr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2017$600,000Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in Dropcountr

Dropcountr has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KUBRA, Urban Innovation Fund and Zipdragon Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Seed-stage sector-agnostic VC firm investing primarily in the US
urbaninnovationfund.comSan Francisco, United States
zipdragon.com
AI-based billing and payment solutions are provided for businesses.
1992kubra.comTempe, United States
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Investor details for Dropcountr

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People of Dropcountr

2 people are tracked at Dropcountr (1 in leadership, 1 in team).

NameRoleGroup
Rick Watkin
CEOLeadership
Rob Elam
AdvisorTeam
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Timeline of Dropcountr

3 dated milestones of Dropcountr across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dropcountr is founded.
  2. Funding First funding round of $600K.
  3. Exit Acquired by KUBRA.

Competitors of Dropcountr

Dropcountr has 3 listed competitors in our database, 2 of them funded. They include Phyn, Flo Technologies and StreamLabs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
phyn.com2016Torrance, United States$10M
Connected water pressure monitoring system for smart homes
meetflo.com2015Culver, United States$39.21M
Connected water-monitoring solution for smart home applications
streamlabswater.com2011Atlanta, United States
Provider of water leak detection solution
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Detailed competitors of Dropcountr

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Web traffic of Dropcountr

The website of Dropcountr (dropcountr.com) receives about 3.2K visits a month.

  • Monthly visits
    3.2K

    ▼ 41.4% vs previous month

Similar websites

Websites whose visitors overlap most with Dropcountr. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as Dropcountr (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Waste collection and management services are provided nationwide.
1968Houston, Texas, United StatesUSD 25.2 B61,700
Integrated waste management services are provided nationwide.
1998Phoenix, Arizona, United StatesUSD 16.59 B42,000
Smart water dispensers with flavored options are provided for offices.
2013Boston, Massachusetts, United StatesUSD 135.53 M102
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Related news about Dropcountr

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Frequently Asked Questions about Dropcountr

Dropcountr was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Dropcountr is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Rick Watkin is the CEO of Dropcountr, as recorded in our data.

Dropcountr is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Jul 2017.

Dropcountr is focused on providing cloud-based data analytics and customer engagement solutions for water utilities. The platform transforms water meter data into actionable insights for utility staff and customers. It serves both standard and smart meter utilities, enabling digital communication, reducing service inquiries, and meeting modern customer expectations. Solutions are designed to modernize utilities by automating alerts and facilitating self-service tasks like bill payments.

Dropcountr's top competitors include Phyn, Flo Technologies and StreamLabs.

Dropcountr offers Dropcountr Platform.

Dropcountr has 3 investors. Key investors include KUBRA, Urban Innovation Fund, and Zipdragon Ventures.

Yes. Dropcountr was acquired by KUBRA in February 2022.

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