Renewables & Environment - Montebello, California, United States
DrizzleX is an Impact Proptech startup offering Water-management Software as a Service. The market for their offering amounts to $40B.DrizzleX's technology saves landlords billions of dollars by empowering users (mainly property managers and tenants) to smartly manage their water consumption, and by enabling billing tenants for their actual water usage. It solves the longstanding need for high-resolution, real-time data about water usage in multifamily properties, which usually do not have individual water meters.A typical 1,000 unit owner will have his property value increased by $5m.DrizzleX is installed in hundreds of units with sales projections reaching tens of millions of ARR dollarsDrizzleX's growth is projected to be very high for the coming years with exponential growth due to organic growth and government programs encouraging and mandating water conservation.
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