Artificial intelligence for water intelligence…

WINT Water Intelligence, a leader in cutting-edge water management and leak-prevention solutions for construction, commercial and industrial applications, has completed a $15 million Series B funding round. The round was led by New York-based global private equity and venture capital firm Insight Partners and included participation from existing investors and numerous global construction and real-estate companies, such as Suffolk Construction, the Consensus Business Group, Tidhar, Electra, Ashtrom, Rogovin, and the Israel-Canada group. Water waste and leaks within built environments pose many risks to people, companies, and the planet alike. It can damage facilities, real estate, and construction sites, as water damage in facilities is a major source of insurance claims, with over $13 billion in annual payouts. Moreover, water waste and damage are also harming our planet, as it contributes to global water scarcity and carbon emissions since 13% of electricity consumption in the United States is related to water distribution and treatment.