# Subeca

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

- Industry: Power & Utilities
- Headquarters: San Diego, US
- Website: www.subeca.com
- Total disclosed funding: $6M
- Latest round: Series A (May 20, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2012 by CSO Hank McCarrick, Subeca, Inc., a.k.a. Subeca operates as an internet of technology (IoT) company that focuses on providing a water management platform that offers technology to empower utilities and their customers in the management of water resources. In May 2024, Subeca, Inc. raised USD 6 million in a Series A funding led by Suez S.A., with participation from Amazon and Burnt Island Ventures. As of May 2024, Patrick Keaney is the CEO of the company.

The company provides the Subeca Engage IoT platform, a solution designed for water management; Subeca PIN™ Bluetooth meter registers, which collect data for the Subeca water management system; Subeca LINK, a device for data collection from various IoT devices; Subeca ACT™, a system that provides wireless control over water flow through a bluetooth-enabled ball valve; and Subeca Blinc, a module that integrates processing and communication capabilities. Subeca also offers Engage™, a mobile application that allows consumers to track water use and cost for a better understanding of water usage habits and bills.

The company plans to use its proceeds from May 2024 funding to scale up its flagship AMI solutions to meet market demand.

## Funding rounds

- Series A, May 20, 2024, $6M — Suez S.A., Amazon, Burnt Island Ventures

## Investors

- Suez S.A. — Series A
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- Burnt Island Ventures (https://capitalatlas.ai/funds/burnt-island-ventures) — Series A