What is TeamSolve?
Formed in 2022, TeamSolve is a pioneering force in smart water analytics and digital water solutions. The company leverages over 80 years of combined global experience from its seasoned professionals, who have a proven track record in developing, selling, and delivering multi-million dollar digital solutions and large-scale digital transformation projects for leading utilities worldwide. Building on its roots from founding Visenti in 2011, TeamSolve collaborates with forward-thinking utilities, industrial enterprises, consulting companies, and IoT solution providers, possessing a deep understanding of user challenges in enterprise-wide digital transformation.
How much funding has TeamSolve raised?
TeamSolve has raised a total of $2.5M across 1 funding round:
Angel/Seed
$2.5M
Angel/Seed (2024): $2.5M with participation from Burnt Island Ventures Fund I and SGInnovate
Key Investors in TeamSolve
Burnt Island Ventures Fund I
Burnt Island Ventures Fund I is an investment vehicle focused on supporting entrepreneurs developing solutions within the water sector, channeling capital toward companies innovating in response to pressing water resource management challenges. The fund combines financial backing with operational support and cultivates an ecosystem connecting founders with investors and industry experts.
SGInnovate
SGInnovate is dedicated to growing Singapore's Deep Tech landscape by investing in startups and nurturing talent within the sector. They provide resources and support for Deep Tech companies, facilitating career development and job opportunities, and fostering a vibrant community to catalyze innovation.
What's next for TeamSolve?
The recent major strategic investment signals a pivotal phase for TeamSolve, likely enabling accelerated scaling of its innovative smart water analytics platform and expansion into new utility markets. This capital injection is expected to bolster research and development efforts, enhance go-to-market strategies, and solidify its position as a leader in digital water solutions. The company's focus on deep tech and its strong utility relationships suggest a strategic push towards broader adoption and deeper integration of its digital transformation capabilities.
See full TeamSolve company page
