✉news BusinessStartups first seen 6 h ago, last 6 h ago, peak #34
Water-metering startup DrizzleX raises $6.8 million
Original: Water-metering startup DrizzleX raises $6.8M, with its own customers investing
Water-metering startup DrizzleX has raised $6.8 million in funding, with the round including participation from its own customers. The company's technology helps property owners track and bill water usage at the unit level, and the backing of existing clients signals confidence in the product. Details on the round's lead investors and planned use of funds have not been disclosed.
Why now: The funding round is notable because DrizzleX's own customers invested, an unusual vote of confidence for an early-stage startup.
Evidence
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