# HydroPoint Data Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hydropoint-data-systems

- Industry: Software
- Headquarters: Petaluma, US
- Website: www.hydropoint.com
- Total disclosed funding: $44M
- Latest round: Series D (Mar 31, 2010)
- Investors on record: 6

## About

HydroPoint Data Systems, Inc. provides innovative smart water management solutions to optimize irrigation and water usage for diverse clients, including landscape designers and property managers.Founded in 2002 and headquartered in Petaluma, CA, HydroPoint Data Systems, Inc. specializes in smart water management technologies. The company has executed 12 deals, with its most recent funding round occurring on July 10, 2018. During this round, HydroPoint raised USD 7.3 mn led by Greenhouse Capital Partners, with participation from Apsara Capital, Emerald Technology Ventures, and Wilo SE. CEO Chris Spain leads the company, which was co-founded by Kurt Meyer and Peter Carlson.HydroPoint specializes in smart water management solutions, primarily through its core products, WeatherTRAK and Baseline. WeatherTRAK enables advanced irrigation management with portfolio-wide remote visibility, optimizing water usage across multiple sites. Baseline features sensors and 2-wire technology for managing complex irrigation needs, preventing leaks, and monitoring flow. The company’s solutions address issues like 'water blindness' and rising management costs, catering to clients across North America and select international markets.HydroPoint generates revenue through the sale of smart irrigation systems and monitoring services, structured around subscription models and direct-to-business transactions. Clients typically enter contracts for ongoing service and support, allowing effective water management with real-time analytics and leak detection. While specific pricing is not disclosed, the company emphasizes significant savings, evidenced by reported outcomes such as USD 1.4 mn saved during drought conditions, aligning with organizations focused on sustainability in water usage practices.In July 2018, HydroPoint Data Systems, Inc. raised USD 7.3 mn in venture funding, which will support its growth initiatives. The company plans to expand its product offerings and enhance its smart irrigation technology. Additionally, HydroPoint aims to enter new geographic markets, although specific locations and timelines have not been disclosed.

## Funding rounds

- Series D, Mar 31, 2010, $8.4M — RockPort Capital Partners
- Series C, Feb 8, 2007, $19M — Chrysalix, Monitor Ventures, RockPort Capital Partners, StepStone, Shea Ventures, Firelake Capital Management
- Series B, Nov 1, 2005, $5M — Monitor Ventures, Shea Ventures, Firelake Capital Management
- Series A, Nov 1, 2004, $12M — Monitor Ventures, Firelake Capital Management

## Investors

- Monitor Ventures (https://capitalatlas.ai/funds/monitor-ventures) — Series A, Series B, Series C
- Firelake Capital Management (https://capitalatlas.ai/funds/firelake-capital-management) — Series A, Series B, Series C
- Shea Ventures (https://capitalatlas.ai/funds/shea-ventures) — Series B, Series C
- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Series C
- RockPort Capital Partners (https://capitalatlas.ai/funds/rockport-capital-partners) — Series C, Series D
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series C