DrizzleX Raises $6.8M Series A-2

DrizzleX, based in Santa Fe Springs, California, is a water intelligence platform for multifamily and commercial real estate. The company has announced the closing of a $6.8 million Series A-2 funding round to support its expansion and product development efforts.

Investors

The funding round was led by Israel Investment Fund Group. The round also saw participation from a consortium of DrizzleX customers, including property owners and operators who utilize the company's platform.

DrizzleX Use of Funds

DrizzleX intends to use the capital to scale its sales and go-to-market operations, streamline its hardware manufacturing processes, and make key hires across its team. Additionally, the company plans to expand its partner network, including integrations with property management platforms and partnerships with plumbing and billing providers, while developing new data-driven products based on its existing water monitoring metrics.

About DrizzleX

Founded in 2026, DrizzleX was co-founded by CEO Esther Altura. The company provides a fixture-level water intelligence platform that utilizes patented micrometers to monitor water usage minute by minute. The system helps property owners identify leaks, prioritize repairs by cost, and implement tenant water billing to reduce water consumption and improve net operating income.

Funding Details

Company Website: https://drizzlex.com

Company: DrizzleX
Raised: $6.8M
Round: Series A-2
Funding Date: October 20, 2026
Lead Investor: Israel Investment Fund Group
Additional Investors: Consortium of DrizzleX customers
Company Website: drizzlex.com
Software Category: PropTech
Source: https://natlawreview.com/press-releases/owners-who-used-it-first-just-funded-it-drizzlex-raises-68-million-turn