When was H2O Innovation founded?

H2O Innovation was founded in 2000 and raised its 1st funding round 16 years after it was founded.

Where is H2O Innovation located?

H2O Innovation is headquartered in Quebec City, Canada. It is registered at Champlin, Minnesota.

How many employees does H2O Innovation have?

As of Mar 31, 2026, the latest employee count at H2O Innovation is 555.

Is H2O Innovation a funded company?

H2O Innovation is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jul 2016.

When was the latest funding round of H2O Innovation?

H2O Innovation's latest funding was a $***** Post IPO round on Oct 28, 2019, with participation from 0 investor.

Where does H2O Innovation rank among its competitors?

H2O Innovation ranks 11th amongst 716 active competitors, of which 80 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was NanoH2O, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of H2O Innovation?

H2O Innovation's top competitors include Gradiant, Xylem Water Solutions and Cambrian Innovation. Among them, NanoH2O secured the most recent funding round in December, 2025.

H2O Innovation - 2026 Company Profile, Funding & Competitors

Q: Is H2O Innovation an acquired company?

H2O Innovation got acquired by Ember on Oct 03, 2023.

H2O Innovation is an acquired company based in Quebec City (Canada), founded in 2000. It operates as a Provider of comprehensive solutions for water, wastewater, and water reuse. H2O Innovation has raised an undisclosed amount in funding. The company has 716 active competitors, including 80 funded and 45 that have exited. Its top competitors include companies like Gradiant, Xylem Water Solutions and Cambrian Innovation.

Company Details

Provider of comprehensive solutions for water, wastewater, and water reuse. The company delivers equipment, chemicals, consumables, and long-term services supporting the full life cycle. It integrates products into systems meeting effluent quality and performance criteria. The company offers tailored water system designs to meet client requirements. It provides technologies, specialty products, and operation and maintenance services.

Website: www.h2oinnovation.com/
Social
Email ID: *****@h2oinnovation.com
Registered Address: Champlin, Minnesota

Key Metrics

Founded Year

2000

Location

Quebec City, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Oct 28, 2019, $*****

Investors

BDC

Ranked

11^th among 716 active competitors

Employee Count

555 as on Mar 31, 2026

Investment & Acquisitions

Distributedwater & 9 more

Similar Companies

Gradiant & 463 more

Exit Details

Acquired by Ember (Oct 03, 2023)

View H2O Innovation's full profile

H2O Innovation is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
H2O INNOVATION USA, INC. CIN: 205584930 , United States, Active	Dec 31, 1999	-	851 (As on Dec 31, 2024)	-
H2O Innovation Inc. CIN: 1761181 , United States, Active		$5M - $25M (As on Dec 16, 2021)	-	-

H2O Innovation got acquired by Ember on Oct 03, 2023 at an acquisition amount of $290M. It was facilitated by Norton Rose Fulbright, Raymond James, Scotiabank and 5 more.

Click here to take a look at H2O Innovation's acquisition in detail

H2O Innovation has raised funding over 3 rounds. Its first funding round was on Jul 2016. H2O Innovation has 1 institutional investor.

Here is the list of recent funding rounds of H2O Innovation:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2019	2169393	Post IPO	4210074	5156249	2523416	4884062
Nov 30, 2018	5857906	Post IPO	4063883	6494731	8380330	BDC
Jul 2016	7983886	Post IPO	9016987	9112038	6671773	2437960

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H2O Innovation's employee count trend

H2O Innovation has 555 employees as of Mar 26. Here is H2O Innovation's employee count trend over the years:

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Top competitors of H2O Innovation include Gradiant, Xylem Water Solutions and Cambrian Innovation. Here is the list of Top 10 competitors of H2O Innovation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gradiant 2013, Woburn (United States), Series D	Provider of industrial water treatment solutions and technologies	$400M	Warburg Pincus, SLB & 16 others	69/100
2nd	Xylem Water Solutions 1924, New York City (United States), Public	Provider of water and wastewater treatment systems, solutions, and related services	-	Triodos Investment Management, Europa & 1 others	66/100
3rd	Cambrian Innovation 2006, Boston (United States), Series C	Bio-electro-chemical wastewater treatment systems developer	$237M	Spring Lane Capital, Pennybacker Capital & 9 others	63/100
4th	EvolOH 2020, Santa Clara (United States), Series A	Manufacturer of electrolyzer stacks for clean hydrogen production	$20.1M	Engine Ventures, URBAN-X & 6 others	63/100
5th	NanoH2O 2005, Los Angeles (United States), Acquired	Developer of reverse osmosis membranes for water treatment	$89.9M	Total, BASF & 9 others	63/100
6th	Epic Cleantec 2015, San Francisco (United States), Series B	Provider of wastewater infrastructure development services	$24M	1776, Stanford University & 16 others	61/100
7th	ZwitterCo 2018, Somerville (United States), Series B	Manufacturer of wastewater treatment systems using membrane technology	$102M	DCVC, Evok Innovations & 17 others	58/100
8th	Membrion 2016, Seattle (United States), Series B	Developer of membranes for the flow battery market	$55.2M	Pangaea Ventures, Lam Research Capital & 25 others	57/100
9th	De Nora 1923, Milan (Italy), Public	Provider of energy-saving products and water treatment solutions	-	Snam, FCH JU & 3 others	57/100
10th	Streamline Innovations 2015, San Antonio (United States), Series C	Technology solutions provider for water treatment	$48.2M	eldon pass, Kayne Anderson & 7 others	56/100
11th	H2O Innovation 2000, Quebec City (Canada), Acquired	Provider of comprehensive solutions for water, wastewater, and water reuse	-	BDC	50/100

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H2O Innovation has not made any investments yet. H2O Innovation has made 10 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 01, 2024	Acquisition	Distributedwater		-
Apr 12, 2022	Acquisition	Leader Evaporator	1888	Swanton (United States)
Dec 15, 2021	Acquisition	Environmental Consultants	1997	Poughkeepsie (United States)