What is KETOS?
Founded in 2015 and headquartered in Milpitas, California, KETOS addresses critical challenges in the water industry by automating traditionally manual, slow, and expensive testing and monitoring processes. The company has developed an innovative, vertically integrated water quality and monitoring platform. This comprehensive solution includes intelligent hardware, bi-directional connectivity infrastructure, interactive software, and services, all provided under a predictable, flat service fee. KETOS aims to make water quality management more efficient and accessible for today and future generations.
How much funding has KETOS raised?
KETOS has raised a total of $38.1M across 5 funding rounds:
Series A
$9M
Debt
$350K
Other Financing Round
$18M
Debt
$768K
Private Equity
$10M
Series A (2019): $9M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Other Financing Round (2020): $18M supported by Better Ventures, Plum Alley, Illuminated Funds Group, Rethink Impact, Citi, Broadway Angels, and Ajax Strategies
Debt (2021): $768K featuring PPP
Private Equity (2024): $10M backed by Tenfore Holdings, Accenture, and Plug and Play Tech Center
Key Investors in KETOS
Tenfore Holdings
Tenfore Holdings is an independent provider of globally sourced real-time market data, specializing in financial content and technology solutions for organizations to derive business benefits from data sets. They have over 15 years of experience delivering information-based solutions for global equities, derivatives, and treasury markets.
Accenture
Accenture is a leading global professional services company that helps organizations build their digital core, optimize operations, accelerate revenue growth, and enhance citizen services. They combine strengths in technology, cloud, data, and AI with unmatched industry experience.
Plug and Play Tech Center
Plug and Play Tech Center is an early-stage investor, accelerator, and corporate innovation platform with global headquarters in Sunnyvale, California. Founded in 2006, they operate internationally, connecting startups with corporations and investors.
What's next for KETOS?
The recent major strategic investment in KETOS signals a strong validation of its mission and technology in the water industry. This capital infusion is expected to accelerate the company's expansion, further enhance its innovative platform, and broaden its market reach. With a focus on sustainability and safety, KETOS is well-positioned to capitalize on the growing demand for advanced water quality solutions, potentially leading to further scaling and industry leadership.
See full KETOS company page
