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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompleted120 Water Audit, Inc.-

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