How Much Did Phyn Raise?
Funding & Key Investors

Phyn, a specialized entity operating at the intersection of IoT and residential infrastructure, has successfully secured significant capital to bolster its market position. With a cumulative capital infusion reaching $37.4M, the firm continues to demonstrate robust growth trajectories within the smart home sector. The most recent strategic investment of $350K underscores the ongoing commitment from its parent organizations to scale intelligent water monitoring solutions globally.

This latest financing round serves as a critical milestone, enabling the company to refine its high-definition pressure sensing capabilities and expand its footprint in both residential and commercial plumbing markets. By leveraging advanced machine learning, Phyn remains at the forefront of proactive damage prevention and resource conservation.

What is Phyn?

Phyn
ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment

Headquartered in Torrance, California, Phyn functions as a strategic joint venture between Belkin International and Uponor. The company specializes in intelligent water solutions, most notably the Phyn Plus, a sophisticated monitor that integrates directly into a property's main water line. By utilizing high-definition pressure sensing and proprietary machine learning algorithms, the device provides real-time diagnostics, leak detection, and automated shut-off capabilities. This technology addresses the critical need for infrastructure resilience, helping homeowners and businesses mitigate the financial risks associated with plumbing failures while simultaneously promoting water conservation through data-driven insights.

How much funding has Phyn raised?

Phyn has raised a total of $37.4M across 4 funding rounds:

2018

Other Financing Round

$10M

Other Financing Round

$15M

2019

Unspecified

$12M

2020

Debt

$350K

Other Financing Round (2018): $10M with participation from Uponor

Other Financing Round (2018): $15M led by Uponor

Unspecified (2019): $12M supported by Uponor and Belkin

Debt (2020): $350K featuring PPP

Key Investors in Phyn

Uponor

Uponor is an international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling, and reliable infrastructure.

Belkin

Belkin is a prominent consumer electronics manufacturer specializing in connectivity devices and smart home hardware solutions.

PPP

Public-Private Partnership

What's next for Phyn?

Looking ahead, Phyn is positioned to capitalize on the increasing demand for smart home integration and utility management. The recent capital injection is expected to accelerate the deployment of its next-generation sensing hardware and enhance the software ecosystem that supports its predictive maintenance features. As the company matures, it will likely focus on deepening its penetration into the enterprise sector, where the cost of water-related damage is significantly higher. By maintaining its focus on high-fidelity data and automated response systems, Phyn is well-equipped to define the standard for intelligent water management in an era of increasing environmental and operational scrutiny.

See full Phyn company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturing
Industrial Machinery & EquipmentManufacturing
ManufacturingTires & RubberCleaning ProductsChemicals & Related Products
Building MaterialsManufacturingArchitecture, Engineering & DesignConstruction ManagementConstruction

Frequently Asked Questions Regarding Phyn Financial Insights

What are the most recent funding rounds that Phyn has completed, and what were the funding rounds?
Phyn has recently completed 3 funding rounds: Debt on May 5, 2020, Unspecified on May 9, 2019, Other Financing Round on Feb 13, 2018.
What is the total amount of funding Phyn has raised to date?
Phyn has raised a total of $37.4M in funding to date.
How many funding rounds has Phyn completed?
Phyn has completed 3 funding rounds.
How much funding did Phyn raise in its most recent funding round?
Phyn raised $350K in its most recent funding round.
Who are the lead investors in Phyn's latest funding round?
The lead investor in Phyn's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phyn's history?
The largest funding round in Phyn's history was $15M.
See more information about Phyn