The Detection Group Overview
- Year Founded
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2006
- Status
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Acquired/Merged
- Employees
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21
- Latest Deal Type
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Later Stage VC
- Investors
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1
The Detection Group General Information
Description
Developer of commercial leak detection systems for smart buildings designed to offer comprehensive wireless systems and services to safeguard against unwanted water leakage. The company's systems include wireless sensor systems that are reliable and cost-effective, enabling owners, managers, tenants and insurers to safeguard any building against unwanted water anywhere.
Contact Information
Website
www.thedetectiongroup.com(Operating Subsidiary)
Corporate Office
- 440 North Wolfe Road
- Suite MS 124
- Sunnyvale, CA 94085
- United States
Corporate Office
- 440 North Wolfe Road
- Suite MS 124
- Sunnyvale, CA 94085
- United States
The Detection Group Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Later Stage VC | 01-Aug-2022 | Completed | Generating Revenue | |||
5. Merger/Acquisition | 01-Dec-2020 | Completed | Generating Revenue | |||
4. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
2. Later Stage VC (Series A1) | 25-Jul-2016 | $900K | $2.5M | Completed | Generating Revenue | |
1. Later Stage VC (Series A) | 06-Apr-2015 | $1.6M | $1.6M | Completed | Generating Revenue |
The Detection Group Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A1 | ||||||||
Series A |
The Detection Group Comparisons
Industry
Financing
Details
The Detection Group Competitors (4)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Echologics Engineering | Formerly VC-backed | Toronto, Canada | ||||
Hifi (Fiberoptic Equipment) | Venture Capital-Backed | Calgary, Canada | ||||
Eddy Smart Home Solutions | Formerly PE-Backed | Toronto, Canada | ||||
Detect Technologies | Venture Capital-Backed | Chennai, India |
The Detection Group Patents
The Detection Group Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240084560-A1 | System and method for wireless water leak detection | Pending | 09-Sep-2022 | ||
US-11473995-B2 | System and method for wireless water leak detection | Active | 31-Oct-2018 | ||
US-20200278269-A1 | System and method for wireless water leak detection | Active | 31-Oct-2018 | ||
US-20230003605-A1 | System and method for wireless water leak detection | Active | 31-Oct-2018 | ||
US-20200133315-A1 | System and method for wireless water leak detection | Inactive | 31-Oct-2018 | G05D7/0635 |
The Detection Group Signals
The Detection Group Former Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Band of Angels | Angel Group | Minority | ||
Plug and Play Tech Center | Accelerator/Incubator | |||
Sierra Angels | Angel Group | Minority | ||
The Angels' Forum | Angel Group | Minority |
The Detection Group FAQs
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When was The Detection Group founded?
The Detection Group was founded in 2006.
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Where is The Detection Group headquartered?
The Detection Group is headquartered in Sunnyvale, CA.
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What is the size of The Detection Group?
The Detection Group has 21 total employees.
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What industry is The Detection Group in?
The Detection Group’s primary industry is Electronic Equipment and Instruments.
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Is The Detection Group a private or public company?
The Detection Group is a Private company.
-
What is The Detection Group’s current revenue?
The current revenue for The Detection Group is
. -
How much funding has The Detection Group raised over time?
The Detection Group has raised $2.5M.
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Who are The Detection Group’s investors?
Band of Angels, Plug and Play Tech Center, Sierra Angels, and The Angels' Forum have invested in The Detection Group.
-
Who are The Detection Group’s competitors?
Echologics Engineering, Hifi (Fiberoptic Equipment), Eddy Smart Home Solutions, and Detect Technologies are competitors of The Detection Group.
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When was The Detection Group acquired?
The Detection Group was acquired on 01-Aug-2022.
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Who acquired The Detection Group?
The Detection Group was acquired by Watts Water Technologies.
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