Eric Adler

You interviewed Asaf Juan not too long ago with Hippo Insurance.

They are looking for data on water usage and leaks online.

Um, you know, looking at like irrigation channels, they want that information as well.

Water utilities are looking for data too.

Um, so there's the consumer aspect of it, but really kind of flume being in the center of this water universe is what got these investors excited about what we're doing.

Yeah, it looks pretty rudimentary right now.

It's our V1 product.

It's going to be more beautiful down the road here.

But it doesn't need to be pretty, right?

No one sees it.

Right, right.

It just has to work.

And that was our initial goal.

So the real innovation here compared to anyone else in the market is that you don't need a plumber to come out.

You do not need to cut pipes in order to install our product.

So...

Nearly every home out in the market has a water meter on it.

That's how you get your water bill from the city.

And those water meters have little magnets inside of them that spin.

So that black box that you see is actually a sensor that goes on the side of the existing meter and monitors that movement through the meter.