# Clearas Water Recovery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clearas-water-recovery

- Industry: Power & Utilities
- Headquarters: Missoula, US
- Website: www.clearaswater.com
- Total disclosed funding: $4M
- Latest round: Series B (Mar 23, 2016)
- Investors on record: 3

## About

Clearas Water Recovery, Inc. specializes in advanced water treatment solutions that utilize proprietary technology to enhance water quality and sustainability. Their innovative processes focus on reducing environmental impact and improving operational efficiency for clients.Clearas Water Recovery, Inc. provides technological solutions for water treatment, focusing on enhancing water quality. The company is headquartered in Missoula, US. Greg Guard serves as CEO, bringing extensive experience in the industry. In March 2019, Clearas raised USD 4.00 mn in a Series B funding round from investors including Cowles Company, Goodworks Ventures, and Next Frontier Capital, bringing the total amount raised to USD 4.00 mn.Clearas offers innovative water treatment solutions designed to improve water quality through advanced processes. Their core services include effective water recovery systems that cater to various industries, focusing on optimizing water resource management and promoting sustainability. Target markets for these services include municipalities and industrial sectors, allowing organizations to enhance operational efficiency and environmental compliance.The company operates on a subscription-based revenue model, enabling clients to access their water treatment solutions. Clients typically enter into contractual agreements that provide ongoing service access. The revenue structure includes tailored pricing plans to meet the diverse needs of their clientele, primarily serving municipalities and businesses aiming to improve water management practices.Clearas Water Recovery, Inc. plans to introduce new water treatment technologies in the coming years to enhance their service offerings. The company is focusing on expanding its presence in North America and Europe by 2024. The recent funding from the Series B round will be utilized to support these initiatives, including the development of innovative solutions and market entry strategies in targeted regions.

## Funding rounds

- Series B, Mar 23, 2016, $4M — Next Frontier Capital, Cowles Company, Goodworks Ventures

## Investors

- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Series B
- Cowles Company (https://capitalatlas.ai/funds/cowles-company) — Series B
- Goodworks Ventures — Series B