i2O Water

i2O Water

i2O Water is the world's leading developer of smart pressure management solutions for water distribution networks..

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$20.0m

Valuation: $20.0m

8.7x EV/Revenue

-13.7x EV/EBITDA

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP2018201920202021202220232024
Revenues0000000000000000000000000000
% growth6 %---49 %53 %-
EBITDA0000000000000000000000000000
% EBITDA margin(148 %)--(64 %)30 %--
Profit0000000000000000000000000000
% profit margin(165 %)--(64 %)28 %(66 %)-
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about i2O Water
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Established in 2005, i2O Water provides intelligent water network solutions to utility companies worldwide. The company was founded by Adam Kingdon and Andrew Burrows. The firm is a key player in the smart water management market, offering technologies that help water utilities reduce leakage, prevent pipe bursts, and lower energy consumption. i2O's client base consists of over 100 water companies in more than 45 countries.

The business operates on a Software-as-a-Service (SaaS) model, providing clients with access to its software platforms without the need for significant in-house IT infrastructure. This approach, combined with the sale of its proprietary hardware, forms the core of its revenue generation. The company's solutions include advanced pressure management, network analytics, event management, and data logging. These products are designed to provide a comprehensive toolkit for water network monitoring and control. For instance, the advanced pressure management system remotely and automatically optimizes pressure across a network, while the data loggers gather accurate flow and pressure data. The analytics platform then processes this information to deliver actionable insights.

In June 2021, i2O Water was acquired by Mueller Water Products, a U.S.-based manufacturer of water infrastructure products, for approximately $20 million. This acquisition integrated i2O's smart network solutions into Mueller's broader portfolio and facilitated i2O's entry into the North American market. Prior to the acquisition, i2O had raised a total of $31.7 million in funding over three rounds from investors including Naxos Capital Partners, Ombu Group, and Swarraton Partners. The company is now part of Mueller's Technologies segment.

Keywords: water network management, smart water grid, leakage reduction, pressure management, utility software, non-revenue water, water conservation technology, IoT in water, network analytics, data logging, utility cost reduction, asset life extension, burst prevention, SaaS for utilities, water infrastructure monitoring, intelligent water networks, remote network control, flow optimization, event management for utilities, smart water metering

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