About RainStick
RainStick is a company based in Toronto (Canada) founded in 2019 by Sean McFetridge and Alisha McFetridge.. RainStick offers products and services including RainStick Shower and ROCP. RainStick operates in a competitive market with competitors including Gjosa, Hydrao, Shower Stream, Hamwells and Cascade Water Products, among others.
- Headquarter Toronto, Canada
- Founders Sean McFetridge, Alisha McFetridge
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Sectors
EnvironmentTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Red Thread Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of RainStick
RainStick offers a comprehensive portfolio of products and services, including RainStick Shower and ROCP. 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.
Recirculating technology saves up to 80% water and energy
Enhances shower experience with water-efficient features
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Funding Insights of RainStick
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Grant - RainStick | Valuation |
investors |
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| Aug, 2021 | Amount | Seed - RainStick | Valuation | John Rose |
| 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 |
Investors in RainStick
RainStick has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Red Thread Ventures, John Rose and Sustainable Development Technology Canada. 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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Limited information is provided about Red Thread Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Tech companies are supported to start, grow, and succeed in Waterloo Region.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RainStick
| 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 - RainStick
| 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 |
Rainstick Comparisons
Competitors of RainStick
RainStick 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 Gjosa, Hydrao, Shower Stream, Hamwells and Cascade Water Products, 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 |
Developer of smart water showers for reducing water consumption
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| domain | founded_year | HQ Location |
Water consumption is optimized by Hydrao's smart shower heads.
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| domain | founded_year | HQ Location |
Smart IoT-based showers are developed for water and energy conservation.
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| domain | founded_year | HQ Location |
Water-efficient shower systems are developed by Hamwells.
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| domain | founded_year | HQ Location |
Water consumption reduction solution
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| domain | founded_year | HQ Location |
Provider of smart water solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RainStick
When was RainStick founded?
RainStick was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is RainStick located?
RainStick is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does RainStick do?
RainStick was founded in 2019 in Toronto, Canada, and operates in the water conservation sector. Shower systems are offered with features including adjustable heads, integrated heaters, foot spouts, real-time purifiers for water reuse, usage trackers, and screens for object capture. Energy and water savings are facilitated through these recirculating technologies, supporting sustainable home applications.
Who are the top competitors of RainStick?
RainStick's top competitors include WOTA, Hamwells and Shower Stream.
What products or services does RainStick offer?
RainStick offers RainStick Shower and ROCP.
Who are RainStick's investors?
RainStick has 4 investors. Key investors include Red Thread Ventures, John Rose, Sustainable Development Technology Canada, and Communitech.
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