120 Water Audit, Inc.
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120 Water Audit, Inc. - overview
Established
2016
Location
Zionsville, IN, US
Primary Industry
Software
About
Based in Indiana, US, and founded in 2016 by co-founders Megan Glover (CEO), David Kohl, and Christopher Baggott, 120 Water Audit, Inc. operates as a provider of a cloud-based platform that offers water safety, compliance, and wastewater monitoring solutions to public water systems, government agencies, and engineering firms. In January 2024, 120 Water Audit, Inc. raised USD 48 million in growth funding led by Edison Partners, with participation from Allos Ventures.
The company provides a water testing platform that offers digital water solutions to state and national industry associations, schools, daycares, residential homeowners, and renters. The platform's services include inventory management, customer communication, and sampling logistics. Additionally, the firm offers solutions such as lead service line inventory, replacement, water testing kits, and compliance management software.
Current Investors
Edison Partners, Allos Ventures, Greenhouse Capital Partners
Primary Industry
Software
Sub Industries
Consumer Electronics, Analytics & Performance Software
Website
www.120water.com/
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
120 Water Audit, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | 120 Water Audit, Inc. | - |
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