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.
- Website
- conservationlabs.com
Key Metrics
Founded Year
2016
Location
Pittsburgh, United States
Stage
Series A
Total Funding
$9.96M in 6 rounds
Latest Funding Round
Investors
Ranked
12th among 140 active competitors
Employee Count
17 as on Apr 30, 2026
Legal entities associated with Conservation Labs
Conservation Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Conservation Labs, Inc CIN: 81-1758899 , United States, Active | Dec 31, 2015 | - | - | - |
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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:
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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 |
View details of Conservation Labs's funding rounds and investors
Conservation Labs' founders and board of directors
Founder? Claim ProfileThe 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:
- Mark Kovscek: Founder and CEO of Conservation Labs.
View details of Conservation Labs's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Phyn 2016, Torrance (United States), Acquired | Connected water pressure monitoring system for smart homes | $10M | 62/100 | |
2nd | Wint 2011, New York City (United States), Series C | AI-based water leakage detection solution provider | $50M | 61/100 | |
3rd | Provider of satellite-based imaging services to monitor greenhouse gas emissions | $179M | 59/100 | ||
4th | SmarterHomes 2013, Bengaluru (India), Acquired | Developer of integrated smart water meters and software for buildings | $4.21M | 57/100 | |
5th | Voda 2017, Boston (United States), Series A | AI-enabled software solution for pipe breakage prediction | $1.35M | 52/100 | |
6th | i2O Water 2005, Southampton (United Kingdom), Acquired | Software solution for utility water network monitoring | $31.7M | 51/100 | |
7th | Rezatec Geospatial 2012, Didcot (United Kingdom), Series A | Satellite imagery and geospatial data analytics for water monitoring | $17.1M | 50/100 | |
8th | Energy Assets 2005, Livingston (United Kingdom), Acquired | Provider of AI and web-based smart metering systems | - | 50/100 | |
9th | Flo Technologies 2015, Culver City (United States), Acqui-Hired | Connected water-monitoring solution for smart home applications | $39.2M | 49/100 | |
10th | Satelytics 2009, Perrysburg (United States), Series A | Developer of geospatial analytics software for industrial challenge detection and alerting | $5M | 49/100 | |
12th | 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.
News related to Conservation Labs
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Conservation Labs Raises $1.7M in Seed FundingFinSMEs•Nov 13, 2019•Conservation Labs, IrishAngels, Amazon, Serra Ventures and 3 others
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