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§ Private Profile · 250 S Elm St, Zionsville, Indiana, 46077, United States
Provides a cloud-based platform and testing kits for water quality management, compliance, and testing for utilities.
Based in Zionsville, Indiana, 120Water provides a cloud-based digital platform and testing kits for water quality management and regulatory compliance. The company's software-as-a-service solution centralizes service line data, sampling logistics, and customer communications to help utilities, state agencies, and engineering firms execute drinking water and wastewater programs. Originally launched as a consumer-focused product before pivoting to a business-to-business model, the platform now serves over 7,000 customers across public and private water systems. 120Water has raised a total of $58.37 million in venture capital funding to date, which includes a $43 million Series C growth investment round to expand its technology and go-to-market operations. This recent financing was led by Edison Partners, whose partner Ryan Ziegler joined the board, with additional participation from Allos Ventures. The company was founded in 2016 by Megan Glover.
120Water has raised $54.5M across 3 funding rounds.
120Water has raised $54.5M in total across 3 funding rounds.
120Water has raised $54.5M across 3 funding rounds. Most recently, it raised $43.0M Other Equity in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 10, 2024 | $43M Venture Round | Ryan Ziegler | Allos Ventures | Announced |
| Mar 25, 2021 | $4.5M Venture Round | KIP Frey | Allos Ventures | Announced |
| Sep 1, 2019 | $7M Series A | HG Ventures | Allos Ventures, Greenhouse Capital | Announced |
120Water has raised $54.5M in total across 3 funding rounds.
120Water's investors include Ryan Ziegler, Allos Ventures, Kip Frey, HG Ventures, Greenhouse Capital.
120Water is a technology company providing a comprehensive digital platform for water quality management and regulatory compliance, primarily focused on lead and copper rule (LCRR/LCRI) adherence in drinking water systems.[1][2][5] It builds cloud-based software like PWS Insights™, PWS Portal, and PWS Pro, alongside professional services and sampling kits, serving over 7,000 water utilities, government agencies, schools, and facilities across 48 states to track 15+ million service lines.[1][2][5] The platform solves critical challenges like aging infrastructure, data silos, manual sampling delays (responsible for 75% of violations), and evolving EPA regulations by centralizing data, automating workflows, and enabling real-time transparency and collaboration.[2][5] With strong growth momentum—including a Series C funding round, $7.3M total raised, and recent executive hires—120Water positions itself as the fastest-growing digital water company, transforming compliance from spreadsheets to a unified system of record.[1][4]
Founded in 2016 and headquartered in Zionsville, Indiana, 120Water emerged to address gaps in water utility compliance amid rising concerns over contaminants like lead in drinking water.[1][3] The company started as 120WaterAudit, offering an online platform and testing kits for public water utilities, agencies, and schools to execute, monitor, and trend water quality programs.[3] Early traction came from tackling unstructured data challenges, such as helping Del-Co Water transform a "mountainous" dataset into structured EPA-compliant inventory swiftly.[5] Pivotal moments include partnerships with major entities like the City of Newark, Providence, Buffalo, and Chicago Public Schools, expanding to over 7,000 programs across 28+ states.[1][2] Recent leadership additions, including CFO/COO Jennifer Fulk (from Talkspace and Eli Lilly) in 2024 and three industry veterans in October 2025, signal scaling for broader impact.[4][6]
120Water rides the wave of digital transformation in water utilities, fueled by EPA's Lead and Copper Rule Improvements (LCRI) mandating aggressive service line inventories and replacements amid crises like Flint.[1][5] Timing is ideal: aging U.S. infrastructure, stricter regulations, and public demands for transparency create tailwinds, with 75% of violations tied to sampling failures that tech can fix.[2][5] Market forces like federal funding (e.g., Bipartisan Infrastructure Law) and state primacy agency adoption amplify growth, positioning 120Water as an ecosystem enabler—bridging utilities, regulators, and schools for collaborative compliance.[1][2] It influences the sector by setting standards for data centralization, much like SaaS revolutionized other industries, and leads with innovations like PWS Insights for multi-system management.[1]
120Water is primed for acceleration with LCRI deadlines looming, recent Series C capital, and leadership bolstering operations amid $15.8M revenue scale.[1][4] Expect expansion into wastewater, AI-driven predictive analytics, and deeper state/federal integrations, capitalizing on infrastructure investments and climate-driven water scrutiny. As the compliant digital backbone for 15M+ lines, its influence will grow, making "water work for everyone" by turning regulatory burdens into public health wins—echoing its mission to transform a fragmented industry.[5]