Headquarters: Israel
Regions of operation: Middle East, United States, Europe & Asia Pacific
20% - 28%
reduction in water consumption
400+
global enterprise customers
>10,000
WINT systems
installed
Applicable across the asset lifecycle
WINT Water Intelligence CEO Alon Geva talks about relationship with Taronga Ventures
“Taronga Ventures are a good investor to have. They have a great market reach and knowledge. They are highly involved in the details. They can cut a lot of learning time and actively help with the market connections, providing industry insight and shaping the strategy of the go-to-market.”
Alon Geva,
CEO, WINT Water Intelligence
Before investment
At the time of Taronga Ventures’ investment, WINT had developed a strong technology platform but was still establishing its footing outside its home market of Israel. The company was also exploring different asset classes and entry into the construction segment.
Taronga Ventures strategic support
Taronga Ventures has supported WINT’s business expansion within its existing markets and into new markets, particularly as water management has become an issue of emerging interest across the property management space.
At a company level, Taronga Ventures’ investment team has supported WINT with a range of strategic and planning initiatives, as well as access to key customers. WINT was also part of Taronga Ventures’ exclusive ESG Impact innovation program of top global companies with an ESG impact on the real asset sector.
Value created
WINT’s business has continued to grow strongly to serve the North American, UK and Israeli markets, as well as currently expanding into Europe and Asia Pacific. The business’s customer base now includes construction, commercial, multi-family and industrial monitoring use cases.
About WINT Water Intelligence
IoT Software and hardware to prevent water damage and reduce consumption throughout the building lifecycle via intelligent detection of leaks and automatic shut off according to policy.
In 2023, WINT prevented more than 900 water damage incidents, saving customers tens of millions of dollars while conserving 652 million gallons of water and preventing 22,000 metric tons of carbon emissions. WINT has been recognized by Fast Company and CB Insights as one of the world’s most innovative AI companies and has won multiple awards including “Next Big things in Tech” and Insurance Times’ claims prevention technology award. It was also listed at the top 30% of Inc 5000 – the fastest growing companies in America.
For more information, visit https://wint.ai/.
Source: WINT Water Intelligence, June 2024
