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Apana

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Apana® helps businesses manage water. By working with Apana, any business can analyze, manage, and account for its overall water footprint, and get real-time information to the frontline to save water…

Bellingham, United StatesFounded 2012Energy
Valuation $50–100M Last recorded · 2019
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Apana and the history behind them.

About Apana

Apana, a technology and services company, provides intelligent water management solutions for commercial, industrial, and institutional users. The company was co-founded in 2014 by Matt Rose, the CEO, and Frank Burns. The foundation for Apana's technology is rooted in Frank Burns' 25 years of experience designing and building wastewater treatment plants for large retail buildings in remote locations. Matt Rose brought his background in software development for the healthcare and defense industries to lead the development of the company's systems.

The core of Apana's business is its Intelligent Water Management Platform, an Internet of Things (IoT) solution designed to help businesses monitor and manage their water consumption. This is accomplished by installing LoRa-based sensors and water meters throughout a client's facility, which stream high-resolution flow and pressure data to a cloud-based analytics engine. The platform uses machine learning and big data analytics to identify anomalies in water usage patterns in real-time, such as leaks, equipment malfunctions, or operational inefficiencies. When a problem is detected, the system sends actionable alerts and step-by-step guidance to the appropriate personnel, enabling quick resolution.

Apana primarily serves water-intensive businesses, including Fortune 500 companies in sectors like grocery, hospitality, and food and beverage, as well as public institutions and cities. Notable clients have included Costco and MGM Resorts International. The company's revenue is generated through this technology and service offering. By providing detailed insights into water consumption, Apana helps clients reduce water waste, typically by 18-25%, which in turn lowers costs, mitigates risks associated with water damage and equipment failure, and strengthens their operational sustainability. The company has successfully deployed its platform in over 600 cities globally and has raised significant funding, including an $11 million Series B round in 2019 led by Kurita Water Industries.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Bellingham, United States
Employees
17
Open positions
None listed
Dealroom signal
70.4/100
Industry
Real Estate, Energy
Sub-industry
Water
Sector
Energy, Sustainable Development Goals, Climate Tech, Water Monitoring, Water Tech, Hard Tech, Water Intelligence and Risk Management, Climate Adaptation
Technology
IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Apr 2019 $11M $44M E8 Angels · Cowles Company · Urban Innovation Fund · Kurita Water Industries —
SERIES A✓Equity / VC Jan 2017 $3.5M $14M Kurita Water Industries —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Apana website traffic

Latest recorded traffic for Apana is 130 monthly website visits, down 90% over the last three months. Apana's team grew 0% over the past year.

Latest monthly visits130 3-month web change-90% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Kurita Water Industries
  • E8 Angels
  • Cowles Company
  • Urban Innovation Fund

Other known investors3 additional known investors

  • Imagine H2O
  • Northwest Venture
  • Wells Fargo Innovation Incubator
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Bellingham HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Apana on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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