Waterplan, a San Francisco, CA-based B2B SaaS start-up utilizing artificial intelligence to analyze climate data models and water data, enhancing organizations’ water security, closed a $7 million seed funding round.
The round was led by Transition Global (David and Ari Helgason) and Giant Ventures, also saw participation from investors including the Branson Family and Leonardo DiCaprio.
This funding round will allow Waterplan to grow its team, and refine and improve the product and customer experience.
Company: Climateplan Inc.
Raised: $7.0M
Round: Seed Round
Funding Month: April 2022
Lead Investors: Transition Global, and Giant Ventures
Additional Investors: the Branson Family and Leonardo DiCaprio
Company Website: https://www.waterplan.com/
Software Category: Water Resilience Planning
About the Company: Founded in 2020 by CEO José Ignacio Galindo (entrepreneur and software engineer), CSO Nicolas Wertheimer (medical doctor, water expert, and sustainability professor), COO Olivia Cesio (entrepreneur, industrial engineer, ex-CCO Wolox), CPO Matias Comercio (entrepreneur, software engineer, ex-Head of Architecture, Wolox) and Chief Scientist Jay Famiglietti (hydrologist, professor, former NASA Senior Water Scientist) and a participant in YCombinator’s Summer 2021 cohort. Waterplan is a B2B SaaS platform focused on Water Resilience Planning, catered to businesses in water-reliant industries such as agriculture, food and beverages, paper products, and apparel manufacturing. Harnessing AI to analyze water supply vulnerabilities and calculate associated financial risks, Waterplan platform empowers companies to monitor and assess ongoing water supply security, conserve water, protect waterways from pollution, and proactively take action to prevent disruptions. Waterplan’s ultimate goal is to accelerate the transition to a water-secure world. Waterplan has already helped measure, mitigate and adapt to water risk for 10 Fortune 500 companies, including Coca-Cola, Colgate, and McCain Foods.
Source: https://www.watertechonline.com/industry/article/14274984/waterplan-closes-7-million-seed-round-led-by-transition-global-and-giant-ventures