LeakZon, a Tel Aviv, Israel-based provider of innovative solutions for water loss management, has secured $5 million in Series A funding.
Investors
The round was led by PEAL HOLDINGS A.A LTD, an Israel-based investment firm focused on funding innovative and sustainable technologies.
LeakZon Use of Funds
The company will use the funds to expand into the U.S. market and product development.
About LeakZon
LeakZon is a company specializing in AI-powered water management solutions. Their flagship product, the WEAD Solution, integrates data from systems like automated meter reading, geographic information systems, customer billing, and environmental sources to detect water anomalies such as leaks and unauthorized consumption. By leveraging AI and advanced analytics, LeakZon enables utilities to manage their networks more efficiently, prioritize tasks, and make informed operational decisions. Founded in 2023 and headquartered in Kfar Saba, Israel, LeakZon has expanded its presence to the United States.
Funding Details
Company: LeakZon LTD
Raised: $5.0M
Round: Series A
Funding Date: March 2025
Lead Investor: PEAL HOLDINGS A.A LTD
Additional Investors:
Company Website: https://www.leakzon.com/
Software Category: Water Management and Analytics
Source: https://www.prnewswire.com/news-releases/leakzon-secures-5-million-in-series-a-funding-to-accelerate-us-expansion-and-product-development-302415645.html