Conservation Labs: $7.5 Million In Series A Funding Raised

Conservation Labs, a Serra Capital III SBIC company, and the company that developed a groundbreaking platform that decodes audio data into actionable insights in the built environment to reduce carbon emissions and energy and water usage – announced that it had raised a $7.5-million Series A funding round. Serra also participated in the round.

“Conservation Labs’ innovative approach to water conservation provides an operational edge to its clients, and the real estate market opportunity for H2know is massive. With our investment, Conservation Labs will be fast-tracking its product development and go-to-market strategies for both of its core products,” said Mark Kovscek, CEO of Conservation Labs. “We’re excited to collaborate with Mark and the entire leadership team as they continue developing new commercial applications for their breakthrough technology.”

Amazon Web Services picks Conservation Labs for placement in national city infrastructure accelerator for startups

Amazon Web Services Inc., a cloud computing platform subsidiary of Amazon.com Inc., has chosen Conservation Labs Inc. to be among nine startups across the country to participate in the AWS Sustainable Cities Accelerator for Infrastructure. This program will provide Conservations Labs with access to technical, business, and mentorship opportunities.

The Pittsburgh-based company offers a powerful water-saving solution, H2know, which translates the sound of water in standard building pipes into usable information like flow rate, classification of use and leak likelihood. With water the second largest energy expenditure in U.S. buildings, Conservation Labs' offering is resonating with major restaurant brands, commercial laundry entities, insurance companies and real estate developers.

Conservation Labs is a Serra Capital III SBIC portfolio company.