RainStick is a Kelowna-based company building a smart, water-efficient shower that has attracted attention across the consumer-electronics and kitchen-and-bath industries. Its flagship product earned the Best of Innovation honor at CES, the Best of Impact Award at the Kitchen and Bath Industry Show, and the Best Collection Award at Toronto’s Interior Design Show. The company’s profile has been further elevated through a partnership with HGTV personalities Drew and Jonathan Scott (The Property Brothers). Founder Alisha McFetridge credits national programs like Sustainable Development Technology Canada for both grant funding and valuable introductions that aided product refinement. With staff, consultants, and manufacturing partners spread across Canada, RainStick maintains its headquarters in Kelowna while frequently showcasing the product at major trade events. The firm has now supplemented public support with a $3 million equity raise to accelerate commercialization. No revenue or user figures were disclosed in the article.

Total raised

$5M

Funding rounds

2

Latest round

Seed

Latest activity

Jul 2024