What is LB Water?
Founded in 1970 and operating as a 100-percent employee-owned organization, LB Water serves cities, counties, municipalities, private water and sewer authorities, and contractors. The company offers a comprehensive suite of products, including advanced water-metering technologies, essential water infrastructure components, sanitary and storm sewer systems, specialized products, and environmental solutions. With over 200 employees spread across eight locations in Pennsylvania, Maryland, and Virginia, LB Water has built a significant presence in the waterworks industry.
How much funding has LB Water raised?
LB Water has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in LB Water
PPP
Public-Private Partnership
What's next for LB Water?
The recent major strategic investment signals a phase of potential expansion and technological advancement for LB Water. Given its enterprise-level funding context, the company is likely poised to enhance its product offerings, potentially invest in new metering technologies, and broaden its service capabilities to meet the growing demands for modern water infrastructure. This capital infusion is expected to fortify its market leadership and support its ongoing commitment to employee ownership and regional development.
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