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IoT Water Device Company/ Machine Learning Platform Global Installs! 

Los Angeles, CA – (Los Angeles County)

Seller Financing Available!

Zip Code: 90025


  • Asking Price: N/A
  • Cash Flow: $662,390
  • Gross Revenue: $1,182,500
  • FF&E: N/A
  • Inventory: N/A
  • Established: 2016



IoT Water Device Company/ Machine Learning Platform Global Installs


IoT Water Device Company/ Machine Learning Platform Global Installs  – (Business Description)

  • Clear path to increasing their already stellar margins and unlimited potential!
  • The company’s flagship product is a water leak detection device that uses a patent-pending machine-learning platform to learn to not only detect leaks in residential and commercial property and industrial environments but allow the user to activate a remote shut-off valve using a mobile device or computer.
  • This is a great opportunity for a manufacturing-focused entity or investor to partner with a cutting-edge company that has significant intellectual property, a clear path to increasing their already stellar margins and unlimited potential for growth!
  • The Company currently has devices installed on 5 continents and in 7 countries producing data
  • The “Global Analytics of Things” or “Internet of Things Analytics” market is predicted to be $57.3 Bln USD by 2025 and grow at a CAGR of during this forecast period
  • Annual sales of smart water leak detectors in North America was predicted to exceed 3 million in 2016
  • IoT research firm shows 14% of U.S. broadband households planned to buy a smart water leak detector in 2016
  • Huge growth potential for US Residential and Commercial Property Markets: Hospitality, Multi-Family, Healthcare & Industrial Property Types all have strong potential use cases
  • Nearly 10% of U.S. broadband households own a smart thermostat
  •  “Smart leak detectors are getting serious consideration by the insurance industry thanks to their potential to mitigate the risk of water damage,” said Brad Russell, Research Analyst, Parks Associates
  • Insurance Company Marketing: the Company is in negotiations to be a data provider for the world’s largest provider of insurance underwriting data, who has indicated the machine learning analytics of the DRiY platform could increase the confidence level of predicting leaks from a current 40% to between 70-80%
  • Insurance companies will be a huge driver of growth and will be embracing IoT connected devices in the underwriting process going forward: the Company plans to aggressively market to insurance companies through the relationship mentioned above.
  • The global water leakage detector systems market to grow at a CAGR of 6.09% during the period 2017-2021 NDA is required for comprehensive CIM crafted by ProNova Partners.



IoT Water Device Company/ Machine Learning Platform Global Installs


Detailed Information:

  • Employees: 6
  • Facilities: In CIM, NDA required.
  • Competition: While there are competitors in the industry, the company has received provisional patent protections in the USA and a PCT application with the World International Property Organization has been filed in 4 additional countries + the EU covering the use of machine learning to detect water leaks…there are no other known machine learning patents pending from any competitors!
  • Growth & Expansion: In CIM, NDA required.
  • Financing: If the price and deal structure are right.
  • Support & Training: As needed.
  • Reason for Selling: Team up with well-capitalized Buyer for global expansion!

Contact info

Rick Carlson
Rick Carlson

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