# AquaVenture Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aquaventure-holdings

- Industry: Consumer Products
- Headquarters: Tampa, US
- Website: https://aquaventure2019ir.q4web.com/home/default.aspx
- Total disclosed funding: $35M
- Latest round: Series A (Jan 12, 2009)
- Investors on record: 4

## About

AquaVenture Holdings Limited, based in the US, focuses on providing innovative water solutions to address critical challenges in water management across various sectors.AquaVenture Holdings Limited specializes in advanced water treatment and management solutions. Founded in 2006 and headquartered in Tampa, US, the company has undergone a significant merger with Culligan International Company in December 2019, valued at USD 1,100 mn. Rob Decesare, the founder, has a history in the water solutions industry. The company has successfully completed 8 deals, with its most recent deal in October 2016, raising USD 117 mn through an IPO.AquaVenture 2019 IR specializes in innovative water solutions that tackle environmental and logistical challenges in water management. Their core offerings include advanced water treatment technologies and sustainable water supply systems, aimed at municipalities, industrial sectors, and agricultural clients facing water scarcity and pollution. Their solutions are deployed in various geographical markets, including the Middle East, Southeast Asia, and select European markets.In the most recent fiscal year 2019, AquaVenture 2019 IR reported a revenue of USD 203.49 mn and an EBITDA of USD 63.14 mn. The company primarily engages in B2B transactions, implementing long-term contracts with municipalities and large industrial clients, utilizing subscription-based pricing models to ensure ongoing service and support.AquaVenture Holdings Limited plans to expand its portfolio by launching new water treatment products designed to enhance water quality and efficiency. Following the merger with Culligan International Company, the company aims to penetrate new markets, particularly in underserved regions where water scarcity is critical, by 2022. The funds raised during the latest round will support these strategic initiatives to boost product development and market outreach.

## Funding rounds

- Series A, Jan 12, 2009, $15M — TPG, Virgin Green Fund, Element Partners
- Series A, Dec 21, 2007, $20M — TPG, Virgin Green Fund, Element Partners, Advent Morro

## Investors

- TPG (https://capitalatlas.ai/funds/tpg) — Series A
- Virgin Green Fund (https://capitalatlas.ai/funds/virgin-green-fund) — Series A
- Element Partners (https://capitalatlas.ai/funds/element-partners) — Series A
- Advent Morro (https://capitalatlas.ai/funds/advent-morro) — Series A