Conservation Labs Unveils H2know
An Amazon-backed venture is seeking to tackle the following issue: Over 3 trillion gallons of unwanted water is used each year in the U.S. alone costing home and business owners over $70 trillion.
Enter H2knowTM, a smart water monitor that uses sound to manage water consumption while protecting consumers from water disasters caused by leak events.
The new device was created by Conservation Labs which is an Amazon Alexa Fund portfolio company devoted to helping consumers save money and manage natural resources. Other investors inlcude RET Ventures, SustainVC, Techstars, Comcast Smart Solutions, insuretek, reece and Zurich Insurance Group.
How H2know Knows What's Going On In Your Pipes
The Conservation Labs website describes the H2knowTM device as a “New Way To Interpret the Sound of Water.”
“Every time you do the dishes, flush the toilet, or use any water, the water rushes through the plumbing system to that location and creates a unique sound signature. You can hear it. H2knowTM does too.
H2knowTM takes measurements from your pipe every second and uses our patented technology and machine learning approach to translate those signals to accurate water flow estimates, leak alerts, and water insights.
This information is displayed on your H2knowTM app so it is easy-to-read and to take action. View reports, find leaks, and discover ways to conserve water and save money.”
Like other smart home devices, Conservation Labs describes the installation as a 3-step process of connecting to WiFi, attaching the device to the pipe, and signing in to the app to monitor water usage in your home or business.
Multiple Applications for Smart Water Monitoring Devices
While the residential market was the first one Conservation Labs opened up to in 2023, the Pennsylvania-based company envisions three other segments where the new smart water monitors could rapidly gain acceptance.
- Commercial Real Estate: Prevent high water bills and costly water damage with the easiest and most flexible to deploy smart water technology out there. H2know takes the guesswork out of water use monitoring, allowing you to take quick action with timely water insights and leak alerts.
- Restaurants: A cost effective solution for restaurant operators to monitor commercial kitchen water consumption, detect leaks, and optimize conservation measures.
- Machines: Sustainable MachinesTM, is an edge-to-cloud platform by Conservation Labs that provides high-resolution data on machine function and malfunction, helping OEMs and large service providers develop cost-effective condition monitoring and predictive maintenance programs.
More About H2Know Funding and Expansion Plans
For more information about the H2KnowTM story, the company’s venture capital backing and expansion plans, check out Kyle Wiggers’ detailed article on TechCrunch.
Conclusion
If you own an established plumbing business in Florida or Georgia and would like to get a better feel for the current market value of your company and next stage solutions in the life cycle of your business, reach out to a CII advisor today.