120Water, headquartered in Zionsville, Indiana, recently secured a $43 million growth investment in a funding round led by Edison Partners, with Allos Ventures participating. This strategic move has brought General Partner Ryan Ziegler onto 120Water’s board of directors.
The infusion of capital is earmarked for team expansion, technology investments, and strengthening go-to-market initiatives. Under the leadership of CEO Megan Glover, 120Water has developed a cloud-based water management and testing system that enjoys national adoption among municipalities and water professionals. This integrated system comprises software, test coordination, and secure data handling to provide comprehensive water quality compliance, reporting, and workflow management.
120Water’s platform, having facilitated over 8,000 sampling events nationwide, empowers regulators and utilities to oversee compliance standards efficiently while enhancing public transparency. Notable government agencies, including the City of Newark, the City of Providence, the City of Buffalo, and Chicago Public Schools, partner with 120Water to safeguard public health and ensure access to clean drinking water for their communities.
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By Proptechbuzz
By Ravi Kumar