About The Detection Group
The Detection Group is a company based in Palo Alto (United States) founded in 2006 by Matt Barth was acquired by Watts in February 2021.. The Detection Group has raised $2.23 million across 2 funding rounds from investors including Watts. The Detection Group offers products and services including Trident Platform, Wireless Sensors, and Automated Shutoff Valves. The Detection Group operates in a competitive market with competitors including FIDO, Phyn, Alert Labs, Flo Technologies and StreamLabs, among others.
- Headquarter Palo Alto, United States
- Founders Matt Barth
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Sectors
EnvironmentFinancial Services Technology
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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 Detection Group Inc
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Products & Services of The Detection Group
The Detection Group offers a comprehensive portfolio of products and services, including Trident Platform, Wireless Sensors, and Automated Shutoff Valves. 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.
Cloud-based system for real-time water leak detection and alerts.
Devices that monitor and identify water leaks in buildings.
Valves that automatically stop water flow upon leak detection.
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Funding Insights of The Detection Group
The Detection Group has successfully raised a total of $2.23M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $627.5 thousand completed in July 2016. 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 Funding
- Total Rounds 2
- Last Round Seed — $627,499
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First Round
First Round
(06 Apr 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2016 | Amount | Seed - The Detection Group | Valuation |
investors |
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| Apr, 2015 | Amount | Seed - The Detection Group | Valuation |
investors |
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| 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 The Detection Group
The Detection Group has secured backing from 1 investor. Prominent investors backing the company include Watts. 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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Water quality testing, rainwater harvesting, and management services are provided.
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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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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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Founded Year | Domain | Location |
Investments & Acquisitions by The Detection Group
| 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 - The Detection Group
| 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 |
The Detection Group Comparisons
Competitors of The Detection Group
The Detection Group 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 FIDO, Phyn, Alert Labs, Flo Technologies and StreamLabs, 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 |
AI-driven SaaS solutions for acoustic leak detection are offered.
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| domain | founded_year | HQ Location |
Connected water pressure monitoring system for smart homes
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| domain | founded_year | HQ Location |
A range of connected sensors for basement monitoring is developed.
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| domain | founded_year | HQ Location |
Connected water-monitoring solution for smart home applications
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| domain | founded_year | HQ Location |
Provider of water leak detection solution
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| domain | founded_year | HQ Location |
Smart water management solutions are offered for usage optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on The Detection Group
Frequently Asked Questions about The Detection Group
When was The Detection Group founded?
The Detection Group was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is The Detection Group located?
The Detection Group is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of The Detection Group?
Tom Barth is the current CEO of The Detection Group.
Is The Detection Group a funded company?
The Detection Group is a funded company, having raised a total of $2.23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Apr 06, 2015.
What does The Detection Group do?
Wireless water leak detection system provider. The solution consists of a sensor solution with an onboard battery which detects water leakage inside walls, chillers, water heaters, refrigerators dishwashers; an automatic shut-off valve that closes the water supply valve if a leak is sensed by the sensor; leak sensing cable to extend leak sensing area; a cloud-based web portal for customers which constantly monitors sensors collects data, analyzes operates shut-off valve according to data output. Also sends text messages and email alerts to management staff about malfunctioning or abnormal behaviour of the system. Customers can use the web portal to view the status of system devices, record the date time of leaks, document alarm events, and access reports. The solutions can be used in commercial, residential corporate buildings.
Who are the top competitors of The Detection Group?
The Detection Group's top competitors include FIDO, Phyn and Alert Labs.
What products or services does The Detection Group offer?
The Detection Group offers Trident Platform, Wireless Sensors, and Automated Shutoff Valves.
Who are The Detection Group's investors?
The Detection Group has 1 investor. Key investors include Watts.