What is Resource Wise?
Resource Wise LLC is a specialized provider of advanced water utility services and solutions, operating primarily in Albuquerque and Rio Rancho, New Mexico. The company's comprehensive offerings include automated metering infrastructure, automated meter reading systems, water meters, leak detection products, and H20 analytics software. Resource Wise is committed to empowering municipalities and consumer water associations to significantly reduce water loss and improve revenue streams through the strategic implementation of innovative technologies and dedicated services. Their core focus on water conservation and efficient resource management underscores a deep commitment to preserving New Mexico's vital water resources.
How much funding has Resource Wise raised?
Resource Wise has raised a total of $31K across 1 funding round:
Debt
$31K
Debt (2021): $31K with participation from PPP
Key Investors in Resource Wise
PPP
Public-Private Partnership
What's next for Resource Wise?
With significant Series B/C stage funding, Resource Wise is poised for accelerated growth and market penetration. The recent influx of expansion capital will likely be directed towards scaling operations, enhancing technological development, and potentially expanding its service area. This strategic investment suggests a strong investor confidence in Resource Wise's business model and its capacity to address critical water management challenges. The company's focus on analytics and loss reduction technologies aligns with increasing global demand for sustainable water solutions, indicating a promising trajectory for future development and market leadership.
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