Dryp builds sensor and IoT-based monitoring solutions that give waterworks and wastewater companies access to data to optimize operations and planning. Its products aim to prevent sewer overflow and reduce congestion in drainage systems. The company emphasizes simplified installation, maintenance and management of its sensor solutions for utilities. Dryp combines IoT technology with big data to help utilities make operational and planning decisions. Founded in 2019, the company is led by CEO Peter Rasch and co-founder Malte Ahm. Financially, Dryp has raised capital previously from Trifork in 2021 and completed a new equity raise in this round.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2022