# FloWater

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

- Industry: Environmental Services
- Headquarters: Denver, US
- Website: www.myflowater.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Jul 10, 2013)
- Investors on record: 2

## About

FloWater, Inc. provides advanced water purification solutions, featuring its innovative Refill Stations that deliver high-quality drinking water while reducing plastic waste. The company promotes sustainability and hydration across various sectors.FloWater, Inc. was founded in 2013 in Denver, US, and specializes in advanced water purification. The company raised USD 15 mn in Series B funding from Bluewater Group on December 20, 2018, to support its operations. The CEO is Raz Razgaitis.FloWater specializes in advanced water purification solutions, primarily through its flagship product, the FloWater Refill Station. This innovative dispenser utilizes a proprietary 7x Advanced Purification technology, which effectively removes up to 99.9% of contaminants, including PFAS, microplastics, and lead, thus delivering clean, safe, and great-tasting water. The Refill Stations are designed for high-traffic environments and cater to diverse sectors, including fitness and wellness centers, educational institutions, hospitality businesses, and government facilities. By eliminating the need for single-use plastic bottles, FloWater addresses critical environmental concerns while enhancing hydration experiences for its end users. The company operates in various geographical markets, expanding its footprint across North America and parts of Europe, positioning its products as essential amenities for health-conscious consumers and organizations committed to sustainability.FloWater generates revenue primarily through the sale and leasing of its Refill Stations to businesses and organizations. The transaction structure includes B2B partnerships, where clients such as gyms, hotels, schools, and offices enter agreements to install the Refill Stations on their premises, enhancing their hydration offerings. Revenue is derived from both direct sales and ongoing service agreements that include maintenance and filtration supply. The company's pricing model typically incorporates initial setup fees and monthly service charges, ensuring a steady income stream as clients provide advanced purified water to their patrons without relying on bottled alternatives. FloWater's operations emphasize sustainability, allowing institutions to promote health and wellness while reducing their environmental impact.FloWater plans to utilize the recent Series B funding of USD 15 mn raised in December 2018 to enhance product development and expand its market presence. The company aims to introduce new purification technologies and expand its operations into additional markets across North America and Europe. They are targeting a broader deployment of their Refill Stations in various industries over the next few years, aligning with growing consumer demand for sustainable water solutions.

## Funding rounds

- Seed, Jul 10, 2013, $0.9M — Tech Coast Angels, Blue Startups

## Investors

- Tech Coast Angels — Seed
- Blue Startups (https://capitalatlas.ai/funds/blue-startups) — Seed