Pani - About the company
Pani is a series A company based in Austin (United States), founded in 2018 by Allen Tsai. It operates as a Provider of AI-based connected water purifiers. Pani has raised $10M in funding. The company has 26 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Bevi, ZeroWater and Stonehouse Water.
Company Details
Provider of AI-based connected water purifiers. The company has developed a connected smart home product that helps consumers and water utilities better understand residential water usage and reduce the bill for the same. The device can be retrofitted into any water appliance in the house and connects to the home Wi-Fi network for passively measuring water use in showers, faucets, and toilets. The company claims that the solution uses smart learning algorithms to measure water usage in real-time, by individual appliances, and lets the user know how much water they are using and if they have a leak, the same day, through a companion smartphone application.
- Website
- www.getpani.com/
- Social
- Email ID
- *****@getpani.com
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Series A
Total Funding
$10M in 3 rounds
Latest Funding Round
Ranked
2nd among 26 active competitors
Employee Count
10 as on Jul 01, 2024
Investment & Acquisitions
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Pani's funding and investors
Pani has raised a total funding of $10M over 3 rounds. Its first funding round was on Sep 07, 2018. Pani has 1 institutional investor and 6 angel investors.
Here is the list of recent funding rounds of Pani:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 26, 2024 | 2098204 | Series A | 7042038 | 5044143 | 2724678 | 9320628 |
Nov 19, 2021 | 3052017 | Seed | 1040495 | 7431927 | 8293351 | |
Sep 07, 2018 | 3225059 | Angel | 1487893 | 6433456 | 3769098 |
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Pani's founders and board of directors
Founder? Claim ProfileThe founders of Pani is Allen Tsai.
Here are the details of Pani's key team members:
- Allen Tsai: Founder of Pani.
View details of Pani's Founder profiles and Board Members
Pani's employee count trend
Pani has 10 employees as of Jul 24. Here is Pani's employee count trend over the years:
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Pani's Competitors and alternates
Top competitors of Pani include Bevi, ZeroWater and Stonehouse Water. Here is the list of Top 10 competitors of Pani, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bevi 2013, Boston (United States), Series D | Provider of smart water dispenser system provider | $136M | 69/100 | |
2nd |  Pani 2018, Austin (United States), Series A | Provider of AI-based connected water purifiers | $10M | 42/100 | |
3rd |  ZeroWater 2002, Feasterville Trevose (United States), Funding Raised | Manufacturer of water filtration pitchers and dispensers. The company provides filtration systems designed to remove impurities such as lead and PFAS. Products include pitchers and dispensers of varying capacities, along with replacement filters. A subscription service offers convenient filter delivery. The company also offers dealer support and resources for customers. | - | 36/100 | |
4th | Stonehouse Water 2012, Milwaukee (United States), Seed | IoT enabled water purification system manufacturer | $1.55M | - | 30/100 |
5th | _1571897812568.png?devicePixelRatio=2&height=30&width=30){kind=logo} Hydro-Photon 1997, Blue Hill (United States), Series A | Developer of an ultraviolet technology for providing water treatment solutions | $3M | - | 29/100 |
6th |  Clean Water Systems and Stores Inc 1989, Santa Cruz (United States), Unfunded | Online platform offering water purifiers for residential and commercial use | - | - | 28/100 |
7th |  Indalo Water 2002, Miami (United States), Unfunded | Internet first brand offering shower head for home | - | - | 27/100 |
8th |  Epic Water Filters 2015, Niwot (United States), Unfunded | Online platform offering multi-category water filtration products | - | - | 27/100 |
9th |  Clearsource 2016, Sandy (United States), Unfunded | Internet first brand offering water purifiers | - | - | 25/100 |
10th | Airiver 2021, New York City (United States), Unfunded | Internet first brand offering water purifiers | - | - | 24/100 |
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Pani's Investments and acquisitions
Pani has a total of 1 investment in Leta. Pani has not made any acquisitions as of now.News related to Pani
•
Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in AfricaTechCrunch+•Nov 22, 2022•LETA, 4Di Capital, Chandaria Capital, Chui Ventures and 4 others
•
Pani Raises $2.3M in Seed Funding to Bring Its ‘Keurig for Water’ to MarketBuilt In Austin•Nov 19, 2021•Pani
•
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FAQs about Pani
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