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Conservation Labs - About the company

Conservation Labs is a series A company based in Pittsburgh (United States), founded in 2016 by Mark Kovscek. It operates as a Provider of IoT-based water pipeline monitoring solutions. Conservation Labs has raised $9.96M in funding from investors like IrishAngels, Momenta and RET Ventures. The company has 140 active competitors, including 28 funded and 16 that have exited. Its top competitors include companies like Phyn, Wint and GHGSat.

Company Details

Provider of IoT-based water pipeline monitoring solutions. The device can be plugged into the water plumbing system which senses water flow and transmits data over a wifi network. The data is processed using a proprietary machine-learning algorithm in a cloud platform to provide water flow behaviour & detects leakage conditions. Provides a smartphone application that gives water usage reports and alerts the user about water leakages. Can be used in residential properties and restaurants.
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Key Metrics
Founded Year
2016
Location
Pittsburgh, United States
Stage
Series A
Total Funding
$9.96M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
17 as on Apr 30, 2026
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Conservation Labs's funding and investors

Conservation Labs has raised a total funding of $9.96M over 6 rounds. Its first funding round was on Dec 15, 2017. Its latest funding round was a Series A round on Feb 21, 2024 for $*****. 2 investors participated in its latest round. Conservation Labs has 13 institutional investors.

Here is the list of recent funding rounds of Conservation Labs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 21, 2024
2802926
Series A
8075874
1952220
5678234
7662646
Dec 2023
4430107
Seed
7708678
7899047
6527022
Aug 20, 2020
5983007
Seed
2207627
9972358
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Conservation Labs' founders and board of directors

Founder? Claim Profile
The founders of Conservation Labs is Mark Kovscek. Mark Kovscek is the CEO of Conservation Labs.
Here are the details of Conservation Labs' key team members:

Conservation Labs' employee count trend

Conservation Labs has 17 employees as of Apr 26. Here is Conservation Labs's employee count trend over the years:
Employee count trend for Conservation Labs
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Conservation Labs's Competitors and alternates

Top competitors of Conservation Labs include Phyn, Wint and GHGSat. Here is the list of Top 10 competitors of Conservation Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Phyn
Phyn
2016, Torrance (United States), Acquired
Connected water pressure monitoring system for smart homes
$10M
62/100
2nd
Logo for Wint
Wint
2011, New York City (United States), Series C
AI-based water leakage detection solution provider
$50M
61/100
3rd
Logo for GHGSat
GHGSat
2011, Montreal (Canada), Series C
Provider of satellite-based imaging services to monitor greenhouse gas emissions
$179M
59/100
4th
Logo for SmarterHomes
SmarterHomes
2013, Bengaluru (India), Acquired
Developer of integrated smart water meters and software for buildings
$4.21M
57/100
5th
Logo for Voda
Voda
2017, Boston (United States), Series A
AI-enabled software solution for pipe breakage prediction
$1.35M
52/100
6th
Logo for i2O Water
i2O Water
2005, Southampton (United Kingdom), Acquired
Software solution for utility water network monitoring
$31.7M
51/100
7th
Logo for Rezatec Geospatial
Rezatec Geospatial
2012, Didcot (United Kingdom), Series A
Satellite imagery and geospatial data analytics for water monitoring
$17.1M
50/100
8th
Logo for Energy Assets
Energy Assets
2005, Livingston (United Kingdom), Acquired
Provider of AI and web-based smart metering systems
-
50/100
9th
Logo for Flo Technologies
Flo Technologies
2015, Culver City (United States), Acqui-Hired
Connected water-monitoring solution for smart home applications
$39.2M
49/100
10th
Logo for Satelytics
Satelytics
2009, Perrysburg (United States), Series A
Developer of geospatial analytics software for industrial challenge detection and alerting
$5M
49/100
12th
Logo for Conservation Labs
Conservation Labs
2016, Pittsburgh (United States), Series A
Provider of IoT-based water pipeline monitoring solutions
$9.96M
46/100
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Conservation Labs's Investments and acquisitions

Conservation Labs has made no investments or acquisitions yet.

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