120Water Secures $43M Growth Investment Led By Edison Partners

Jan 10, 2024•almost 2 years ago

Amount Raised

$43 Million

ZionsvilleSoftware Development

Investors

Allos VenturesEdison Partners

Description

Growth equity investment firm Edison Partners today announced leading a $43 million growth investment in 120Water, a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures. The new funds will be used to further expand the 120Water team, technology investments, and go-to-market efforts.

Company Information

Company

120 Water Audit

Location

250 S. ELM ST.

Zionsville, Indiana, United States

About

120Water is the fastest growing digital water company in the country. Our platform is a turnkey solution that makes drinking water and wastewater program management and compliance simple. Our mission is to transform the water industry by enabling government agencies, public water systems, and facilities to easily manage their drinking water or wastewater programs.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends