Pani Systems builds consumer smart-home IoT products that monitor residential water usage and aim to incentivize conservation and lower water bills. The company combines hardware, software, big data and machine learning to deliver insights and behavioral incentives. Pani plans limited, exclusive early-unit pilot partnerships later in the year and a consumer and partner product launch in early 2019. The startup intends to use new capital for hiring, product development, and strategic initiatives with go-to-market partners. Pani was founded by Allen Tsai and is based in Austin, Texas. The company announced a $1M seed financing to support these efforts.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2018