What is Conservation Labs?
Founded in 2016, Conservation Labs is dedicated to revolutionizing water usage with its proprietary technology that leverages machine learning to understand water flow. Their flagship product, H2know, offers actionable water insights, real-time leak alerts, and customized conservation recommendations via an easy-to-install sensor and app. The solution is designed to help users save up to 20% on water consumption and associated expenses. As a graduate of the Alexa Accelerator, powered by Techstars, and an Amazon Alexa Fund portfolio company, Conservation Labs is positioned at the intersection of smart home technology and environmental sustainability.
How much funding has Conservation Labs raised?
Conservation Labs has raised a total of $9.2M across 2 funding rounds:
Angel/Seed
$1.7M
Series A
$7.5M
Angel/Seed (2019): $1.7M with participation from Innovation Works, Amazon Alexa Fund, Serra Ventures, Mountain State Capital, and Irish Angels
Series A (2024): $7.5M led by RET Ventures and SustainVC
Key Investors in Conservation Labs
RET Ventures
RET Ventures is a leading real estate technology investment firm focused on "rent tech" for multifamily and single-family rental real estate, providing strategic investors with access to cutting-edge innovation.
SustainVC
SustainVC supports entrepreneurs creating a sustainable, equitable, and healthier world, focusing on climate, sustainability, and access to opportunity.
Innovation Works
Innovation Works is an organization that supports and funds early-stage technology startups, fostering innovation and economic development within its region.
What's next for Conservation Labs?
The recent major strategic investment in Conservation Labs' Series A round indicates a strong market validation and provides the company with substantial resources to scale its operations, enhance its technology, and expand its market reach. This enterprise-level funding is expected to accelerate the adoption of H2know by a wider range of customers, from residential users to commercial entities seeking to optimize water management and reduce environmental impact. The company's focus on sustainability and cost-effectiveness aligns with growing global demand for intelligent resource management solutions.
See full Conservation Labs company page
