# TAPP Water

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

- Industry: Power & Utilities
- Headquarters: Barcelona, Spain
- Website: www.tappwater.co
- Total disclosed funding: $2M
- Latest round: Series A (Dec 3, 2019)
- Investors on record: 2

## About

TAPP Water Ltd. is dedicated to enhancing tap water quality through innovative filtration solutions, providing eco-friendly products that cater to environmentally conscious consumers.TAPP Water Ltd., founded in 2016 by Magnus Jern, is based in Barcelona, Spain. The company focuses on high-performance water filtration solutions. The latest funding round was a Series A, raising EUR 1.80 mn from investors Bluewater Group and Yabeo Capital, which represents the total amount raised to date. TAPP Water has successfully completed 6 deals, with the most recent deal occurring on September 18, 2023.TAPP Water specializes in high-performance water filtration solutions designed to improve tap water quality for residential users. Its product line includes faucet filters like the EcoPro and EcoPro Compact, shower filters, and filters for jugs and bottles, all utilizing advanced filtration technology to enhance water taste and quality. The company serves over 120,000 households across Europe, including markets such as Spain, Portugal, Germany, France, and Italy, emphasizing sustainability by significantly reducing plastic bottle usage, with a target of saving over 136 million bottles by early 2025.In 2022, TAPP Water reported a revenue of EUR 2,138,282.20, while the EBITDA for the same year was EUR -1,577,244.70. The company generates income primarily through product sales and subscription models for filter replacements, ensuring steady revenue flow and customer retention.TAPP Water's strategy includes launching new products in December 2023 and expanding into additional markets. The recent acquisition by Bluewater Group will enhance its consumer sales model. The funding from the Series A round will support these initiatives, facilitating the development and introduction of new filtration solutions and market penetration.

## Funding rounds

- Series A, Dec 3, 2019, $2M — Yabeo Capital, Bluewater Group

## Investors

- Yabeo Capital (https://capitalatlas.ai/funds/yabeo-capital) — Series A
- Bluewater Group — Series A