Ketos, a San Francisco, CA-based water intelligence platform, closed a $9m Series A financing round.
Backers included Broadway Angels, Plum Alley Ventures, strategic angels from water.org, Rethink Impact and Better Ventures. In conjunction with the funding, Energy Innovation’s Veery Maxwell will join the Ketos Board.
The company will use the funds to expand its team and accelerate global market penetration of its platform.
Led by CEO Meena Sankaran, Ketos provides industrial and agricultural enterprises, commercial businesses, and institutions with a patented sensors and machine-learning analytics platform, which delivers actionable, real-time water monitoring and analytics. The system provides the tools and insights needed to optimize water usage, ensure resource efficiency and provide water safety assurance for smart irrigation, industries and cities.
KETOS Shield Fabric offers an innovative real-time water safety management solution with an advanced warning system that flags an extensive list of contaminants and heavy-metal toxins to ensure water quality and safety. It also gives operators insight on the best filtration or remediation action, how to help manage crop yields efficiently or take cost-effective measures for process control, and prompts users to proactively repair pipes at the appropriate times based on its predictive maintenance capabilities.
KETOS Wave Fabric delivers real-time water utilization data, leak detection and remote water supply management – all from innovative software fabric housed inline within the pipe. It also offers a deeper understanding of consumer behavior, predictive insights on water distribution and physical parameters of water like flow and pressure, as well as utilization forecasts for operators to have robust water grid management.
The KETOS water intelligence platform can detect 20+ parameters as direct measurements at precision levels expected in labs and has analyzed over one million water quality tests across more than one million gallons of water with 130+ deployments in India, Mexico and the United States.
FinSMEs
05/02/2019