# APANA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apana

- Industry: Software
- Headquarters: Bellingham, US
- Website: www.apana.com
- Total disclosed funding: $15M
- Latest round: Series B (Apr 9, 2019)
- Investors on record: 4

## About

APANA, Inc. specializes in innovative water management solutions that enhance efficiency and sustainability across various sectors, enabling businesses to monitor and optimize water usage effectively.Founded in 2012, APANA, Inc. is headquartered in Bellingham, US. The company provides solutions focused on real-time water usage monitoring. In April 2019, APANA raised USD 11 mn in Series B funding led by Kurita Water Industries Ltd. and supported by Cowles Company, E8 Angels, and Urban Innovation Fund.APANA specializes in providing innovative water management solutions designed to enhance efficiency and sustainability in various industries. Their core offerings include advanced monitoring systems and analytics tools that enable businesses to track water usage in real-time, identify inefficiencies, and optimize consumption. By leveraging technology, APANA's solutions address critical issues such as water waste, regulatory compliance, and cost savings. The company primarily serves clients in hospitality, healthcare, and manufacturing sectors, focusing on geographic markets in North America and select regions in Europe.APANA generates revenue through partnerships and direct sales to commercial clients, often involving subscription-based agreements for access to monitoring systems and analytics platforms. This model ensures ongoing client engagement and support, allowing businesses to continuously optimize their water management practices. Specific pricing plans vary based on implementation scale and selected features, reflecting APANA's commitment to effective resource management while aligning operations with sustainability goals.APANA plans to utilize the recent USD 11 mn funding from its Series B round to develop new products aimed at enhancing water management capabilities. The company is targeting expansion into additional markets in North America and Europe by 2022, enhancing its reach and impact in these regions. The funding will facilitate the development and launch of advanced analytics tools designed to further optimize water efficiency for clients.

## Funding rounds

- Series B, Apr 9, 2019, $11M — E8 Angels, Cowles Company, Kurita Water Industries Ltd., Urban Innovation Fund
- Series A, Jan 17, 2017, $3.5M — E8 Angels, Cowles Company, Kurita Water Industries Ltd., Urban Innovation Fund

## Investors

- E8 Angels — Series A, Series B
- Cowles Company (https://capitalatlas.ai/funds/cowles-company) — Series A, Series B
- Kurita Water Industries Ltd. — Series A, Series B
- Urban Innovation Fund (https://capitalatlas.ai/funds/urban-innovation-fund) — Series A, Series B