Subeca

Dallas, United States Founded: 2008 • Age: 18 yrs
Provider of cloud-based dual-network meters for water flow monitoring and leak detection
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About Subeca

Subeca is a company based in Dallas (United States) founded in 2008 by Hank McCarrick.. Subeca has raised $10.13 million across 5 funding rounds from investors including SUEZ, Burnt Island and The Climate Pledge. Subeca offers products and services including Utility Metering, Sustainability Metering, Android App, and iOS App. Subeca operates in a competitive market with competitors including Badger Meter, Aclara Technologies, Kando, WEGoT and Citylitics, among others.

  • Headquarter Dallas, United States
  • Founders Hank McCarrick
  • Sectors
    Environment
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Subeca, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.13 M (USD)

    in 5 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    May 20, 2024

  • Investors
    SUEZ

    & 2 more

  • Employee Count
    Employee Count
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Products & Services of Subeca

Subeca offers a comprehensive portfolio of products and services, including Utility Metering, Sustainability Metering, Android App, and iOS App. 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.

Primary

Platform for monitoring and managing water utility usage efficiently.

Tools for tracking sustainable water practices and resource conservation.

App for accessing water management data on Android devices.

App for iOS users to monitor water solutions and data.

People of Subeca
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Don E Whitson
Executive Chairman

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Teams

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Funding Insights of Subeca

Subeca has successfully raised a total of $10.13M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in May 2024. 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 5
  • Last Round Series A — $6.0M
  • First Round

    (29 Mar 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Series A - Subeca Valuation SUEZ
Sep, 2022 Amount Series A - Subeca Valuation

investors

Feb, 2021 Amount Series A - Subeca 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 Subeca

Subeca has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SUEZ, Burnt Island and The Climate Pledge. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A global initiative focused on net-zero carbon emissions by 2040 through company commitments.
Founded Year Domain Location
Provider of solutions for water and waste treatment
Founded Year Domain Location
Provider of water management services
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 Subeca

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 - Subeca

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

Subeca Comparisons

Employees
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Competitors of Subeca

Subeca 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 Badger Meter, Aclara Technologies, Kando, WEGoT and Citylitics, 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
IoT-based water management solutions are provided for smart buildings.
domain founded_year HQ Location
Smart infrastructure solutions are provided to global utilities.
domain founded_year HQ Location
Provider of solutions for wastewater network management
domain founded_year HQ Location
Smart water management solutions are provided for buildings.
domain founded_year HQ Location
Predictive analytics are delivered for public and utility sectors.
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.

Latest news on Subeca

Frequently Asked Questions about Subeca

When was Subeca founded?

Subeca was founded in 2008 and raised its 1st funding round 11 years after it was founded.

Where is Subeca located?

Subeca is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Who is the current CEO of Subeca?

Patrick Keaney is the current CEO of Subeca.

Is Subeca a funded company?

Subeca is a funded company, having raised a total of $10.13M across 5 funding rounds to date. The company's 1st funding round was a Series A of $625K, raised on Mar 29, 2019.

What does Subeca do?

Provider of cloud-based dual-network meters for water flow monitoring and leak detection. Its water meter can be retrofitted with existing water meters for flow monitoring and leak detection. It communicates water flow characteristics via a LoRa-enabled communication network to an analytics platform for rapid data analysis and flow characterization. Its water management platform enables homeowners and utilities to view water usage data, set goals for optimal water consumption and remotely shut off the valve during leakage conditions.

Who are the top competitors of Subeca?

Subeca's top competitors include Kando, Badger Meter and Aclara Technologies.

What products or services does Subeca offer?

Subeca offers Utility Metering, Sustainability Metering, Android App, and iOS App.

Who are Subeca's investors?

Subeca has 3 investors. Key investors include SUEZ, Burnt Island, and The Climate Pledge.

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