ETwater

Novato, United States Founded: 2002 • Age: 24 yrs Acquired By Husqvarna Group
Cloud-based IoT devices for smart irrigation are provided.
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About ETwater

ETwater is a company based in Novato (United States) founded in 2002 was acquired by Husqvarna Group in March 2024.. ETwater has raised $3.22 million across 4 funding rounds from investors including Jain Irrigation Systems and Husqvarna Group. ETwater operates in a competitive market with competitors including Rachio, Irrigreen, SOLEM, Flora and Reinke Manufacturing, among others.

  • Headquarter Novato, United States
  • Sectors
    Environment
    Agriculture Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Agriculture → Agricultural Technology & Innovation
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.22 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Mar 21, 2011

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Husqvarna Group

    & 1 more

    (Mar 13, 2024)

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Funding Insights of ETwater

ETwater has successfully raised a total of $3.22M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in March 2011. 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
  • Total Rounds 4
  • Last Round Series A — $2.0M
  • First Round

    (05 Aug 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2011 Amount Series A - ETwater Valuation

investors

Jul, 2010 Amount Seed - ETwater Valuation

investors

Mar, 2010 Amount Seed - ETwater Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ETwater

ETwater has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Jain Irrigation Systems and Husqvarna Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Outdoor power products are manufactured for consumer and professional use.
Founded Year Domain Location
Manufacturer and distributor of irrigation equipment
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ETwater

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ETwater

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Etwater Comparisons

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Competitors of ETwater

ETwater 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 Rachio, Irrigreen, SOLEM, Flora and Reinke Manufacturing, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Smart sprinkler controllers and flow meters are provided by Rachio.
domain founded_year HQ Location
Provider of smart sprinkler systems and irrigation solutions
domain founded_year HQ Location
Connected devices for irrigation and garden management are supplied.
domain founded_year HQ Location
Flora is focused on plant care through technology solutions.
domain founded_year HQ Location
Produces irrigation equipment for farming, including center pivots and precision tools.
domain founded_year HQ Location
Provider of smart watering systems and irrigation components
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about ETwater

When was ETwater founded?

ETwater was founded in 2002 and raised its 1st funding round 7 years after it was founded.

Where is ETwater located?

ETwater is headquartered in Novato, United States. It is registered at Novato, California, United States.

Is ETwater a funded company?

ETwater is a funded company, having raised a total of $3.22M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 05, 2009.

What does ETwater do?

Provider of cloud-based IoT devices for smart irrigation applications. It offers an iOS Android compatible application which provides insights about water requirements for gardening, landscape planning, a satellite of vegetation, and water quantity calculation for plants. Has developed irrigation system controllers connected with a patented big data analytics cloud platform that manages the landscape watering according to a weather forecast, plant-soil type other environmental data. The controllers are connected through cellular data networks or WiFi which can be remotely monitored through computers, tablets smartphones. It also alerts the user about abnormal water flow rates and automatically schedules irrigation processes according to municipal restrictions.

Who are the top competitors of ETwater?

ETwater's top competitors include Rachio, Irrigreen and Orbit Irrigation.

Who are ETwater's investors?

ETwater has 2 investors. Key investors include Jain Irrigation Systems, and Husqvarna Group.

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