Aquadation
Austin · Founded 2014
About Aquadation
In a typical year, expansive soils cause a greater financial loss to property owners than earthquakes, floods, hurricanes and tornadoes combined. Market research puts the annual value of foundation damage somewhere between $9 billion (US Dept. of Housing and Urban Development) and $12.6 billion (Foundation Repair Association). Aquadation is a disruptive, patented foundation repair and maintenance system that uses Internet-connected tilt sensors (with very sensitive accelerometers) mounted on foundations and subsurface drip irrigation systems to level a home. Their initial customers will be the nation's three largest new home warranty companies (2-10, BBWG and StrucSure). NDAs have been signed with all three companies, and face-to-face meetings have been held with their senior management teams. Commercial sales are planned for late 2016.
Company Facts
- Founded: 2014
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $10K – $50K
- Total funding: $1.5M
- Last round: Series Unknown (May 2016)
- Website: http://aquadation.com
- Phone: +1 (512)931-1230
Industries & Categories
Cloud Computing, Internet of Things, Real Estate
Social Profiles
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