# Refresh Water

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

- Industry: Industrial Machinery
- Headquarters: Somerville, US
- Website: www.re-freshwater.com
- Latest round: Seed (Jan 23, 2014)
- Investors on record: 1

## About

Refresh Water specializes in providing innovative water dispensing solutions for commercial environments, focusing on sustainability and convenience for businesses and their employees.Refresh Water offers advanced bottleless water dispensers connected to building water supplies. Founded in Somerville, US, the company has undergone strategic pivots to enhance its service offerings. It has raised USD 0.020 mn in Seed funding from Dorm Room Fund as part of its investment efforts, with a total amount raised of USD 0.020 mn from 2 deals, the most recent occurring on January 23, 2014.Refresh Water's product lineup includes smart water coolers like the Standup 2.0 and refurbished models, which utilize advanced carbon filtration for delivering pure still and sparkling water. Their dispensers enable users to customize hydration flavors, catering predominantly to office settings and serving clients such as Apple and Netflix, with products available across the US, parts of Canada, the UK, and Ireland.The company generates revenue through B2B sales, where clients pay for the installation and maintenance of water dispensers, typically during monthly service visits. Each drink costs around 20 cents, providing a cost-effective alternative to bottled water. Revenue comes from both machinery sales and ongoing service contracts, ensuring consistent access to their product offerings.Refresh Water plans to leverage its recent Seed funding from January 2014 to enhance product offerings and expand into new markets. The company is designing new products that align with sustainability efforts, aiming for a broader geographic reach within North America and Europe by 2025. The strategic use of funding will support these initiatives, fostering growth in both new product development and market expansion.

## Funding rounds

- Seed, Jan 23, 2014 — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed