About Paragon Water Systems
Paragon Water Systems is a company based in Tampa (United States) founded in 1988 by George Lutich was acquired by Culligan in March 2018.. Paragon Water Systems offers products and services including Sediment Filters, Carbon Block Water Filter, Reverse Osmosis Systems, Carbon Cartridges, and Refrigerator Inline Water Filters. Paragon Water Systems operates in a competitive market with competitors including Delos, Molekule, Wynd Technologies, Mila and Lasko, among others.
- Headquarter Tampa, United States
- Founders George Lutich
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Sectors
Consumer
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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 Paragon Water Systems, Inc.
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Products & Services of Paragon Water Systems
Paragon Water Systems offers a comprehensive portfolio of products and services, including Sediment Filters, Carbon Block Water Filter, Reverse Osmosis Systems, Carbon Cartridges, and Refrigerator Inline Water Filters. 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.
Removes sediments from water for purification purposes
Filters impurities using carbon blocks in various systems
Purifies water through osmosis for drinking and cooking
Provides carbon-based filtration for refrigerators and appliances
Ensures clean water in refrigeration units
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Funding Insights of Paragon Water Systems
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Paragon Water Systems
Paragon Water Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EcoLeague and Culligan. 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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A consortium of colleges focused on sustainability education is operated.
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Water treatment solutions are provided for residential and commercial use.
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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 Paragon Water Systems
| 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 - Paragon Water Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Paragon Water Systems Comparisons
Competitors of Paragon Water Systems
Paragon Water Systems 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 Delos, Molekule, Wynd Technologies, Mila and Lasko, 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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| domain | founded_year | HQ Location |
Indoor air purifiers using disinfectant filtration technology are provided.
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Air purifiers and accessories are distributed by an internet-first brand.
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Smart air purifiers are provided for monitoring and purification.
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Air purifiers are branded and distributed by Mila.
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Provider of home care products
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Developer of air filtration systems
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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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Frequently Asked Questions about Paragon Water Systems
When was Paragon Water Systems founded?
Paragon Water Systems was founded in 1988.
Where is Paragon Water Systems located?
Paragon Water Systems is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of Paragon Water Systems?
George Lutich is the current CEO of Paragon Water Systems. They have also founded this company.
What does Paragon Water Systems do?
Paragon Water Systems was established in 1988 by George Lutich in Tampa, United States, within the water treatment sector. Operations include manufacturing at multiple certified facilities, producing custom and standard carbon blocks, sediment filters, and related products. Design and development services are offered for proprietary solutions, alongside full lifecycle support encompassing technical assistance, regulatory compliance, and logistics. Research efforts are directed toward maintaining product performance and reliability.
Who are the top competitors of Paragon Water Systems?
Paragon Water Systems's top competitors include Molekule, Delos and Wynd Technologies.
What products or services does Paragon Water Systems offer?
Paragon Water Systems offers Sediment Filters, Carbon Block Water Filter, Reverse Osmosis Systems, Carbon Cartridges, and Refrigerator Inline Water Filters.