WINT announces a $15M funding round for water sustainability and to end water waste and damage in the built environment
WINT Water Intelligence, a water management and leak-prevention solutions provider for construction, commercial and industrial applications, has completed a $15 million Series B funding round. The round was led by New York-based global private equity and venture capital firm Insight Partners with participation from existing investors including Marius Nacht, one of Israel’s leading serial entrepreneurs, founders and investors. The round also included numerous global construction and real-estate companies, who are keenly looking to solve the challenges posed by water sustainability and damage in their facilities and construction sites. These include Suffolk Construction, a national technology-driven general contractor, the Consensus Business Group, the U.K.’s largest owner and manager of residential and commercial property, Tidhar, Electra, Ashtrom, Rogovin and the Israel-Canada group.
The investment drives WINT’s continued market expansion and innovation to help owners, contractors, facility managers and insurers prevent water damage and improve their sustainability stance with reduced carbon and water footprints.