About H2O Degree
H2O Degree is a company based in Bensalem (United States) founded in 2007 by Rick Whiffen. It operates as a Product-as-a-Service, and Direct-to-Consumer (D2C). H2O Degree offers products and services including Wireless Water Metering, Leak Detection Systems, Thermostat Control Solutions, Electric Metering Products, and Gas Metering Products. H2O Degree operates in a competitive market with competitors including SMS Assist, Happy, Flo Technologies, Facilio and PowerSecure, among others.
- Headquarter Bensalem, United States
- Founders Rick Whiffen
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Sectors
EnvironmentBusiness Services Real Estate & Construction Energy & Utilities
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Social
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Annual Revenue
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Products & Services of H2O Degree
H2O Degree offers a comprehensive portfolio of products and services, including Wireless Water Metering, Leak Detection Systems, Thermostat Control Solutions, Electric Metering Products, and Gas Metering Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wireless water meters are provided for usage monitoring.
Leak detection systems are offered for water conservation.
Thermostat controls are designed for energy efficiency management.
Electric metering solutions are provided for usage tracking.
Gas metering devices are supplied for consumption monitoring.
Funding Insights of H2O Degree
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2015 | Amount | Series A - H2O Degree | Valuation | Ben Franklin Technology Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in H2O Degree
H2O Degree has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Technology ecosystem growth is supported in Southeastern Pennsylvania.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by H2O Degree
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - H2O Degree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
H2o Degree Comparisons
Competitors of H2O Degree
H2O Degree 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 SMS Assist, Happy, Flo Technologies, Facilio and PowerSecure, 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 |
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SaaS-driven maintenance solutions for commercial spaces are provided.
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Software for property maintenance, asset management, and leasing is developed.
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Connected water-monitoring solution for smart home applications
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SaaS platform for property operations and maintenance is delivered.
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Energy efficiency and smart grid management solutions
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AI-driven SaaS solutions for acoustic leak detection are offered.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on H2o Degree
Frequently Asked Questions about H2O Degree
When was H2O Degree founded?
H2O Degree was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is H2O Degree located?
H2O Degree is headquartered in Bensalem, United States. It is registered at Bensalem, Pennsylvania, United States.
Who is the current CEO of H2O Degree?
Rick Whiffen is the current CEO of H2O Degree. They have also founded this company.
What does H2O Degree do?
H2O Degree is recognized as a leading supplier of utility management products for multi-family facilities, with over 15 years of experience. Wireless utility metering, submetering, leak detection, and thermostat control solutions are provided for various applications, including residential, commercial, and industrial sectors. Products such as water meters, electric meters, gas meters, and BTU submetering systems are offered to enhance utility cost management. Services are extended to diverse facility types like apartments, student housing, and hotels. Advanced technology is utilized to support energy conservation, tenant billing, and sustainability initiatives, contributing to reduced operating expenses and increased property value.
Who are the top competitors of H2O Degree?
H2O Degree's top competitors include Happy, PowerSecure and FIDO.
What products or services does H2O Degree offer?
H2O Degree offers Wireless Water Metering, Leak Detection Systems, Thermostat Control Solutions, Electric Metering Products, and Gas Metering Products.
Who are H2O Degree's investors?
H2O Degree has 1 investor. Key investors include Ben Franklin Technology Partners.
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