The Detection Group Overview

  • Year Founded
  • 2006

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 21

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 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

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • 440 North Wolfe Road
  • Suite MS 124
  • Sunnyvale, CA 94085
  • United States
+1 (415)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Commercial Services
Parent Company
Vertical(s)
SaaS, TMT, Internet of Things
Corporate Office
  • 440 North Wolfe Road
  • Suite MS 124
  • Sunnyvale, CA 94085
  • United States
+1 (415)

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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
To view The Detection Group’s complete valuation and funding history, request access »

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
To view The Detection Group’s complete cap table history, request access »

The Detection Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of commercial leak detection systems for smart buildings designed to offer comprehensive wireless systems and
Electronic Equipment and Instruments
Sunnyvale, CA
21 As of 2024

Toronto, Canada

Calgary, Canada
 
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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
To view The Detection Group’s complete competitors history, request access »

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
To view The Detection Group’s complete patent history, request access »

The Detection Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
To view The Detection Group’s complete investors history, request access »

The Detection Group FAQs

  • When was The Detection Group founded?

    The Detection Group was founded in 2006.

  • Where is The Detection Group headquartered?

    The Detection Group is headquartered in Sunnyvale, CA.

  • What is the size of The Detection Group?

    The Detection Group has 21 total employees.

  • What industry is The Detection Group in?

    The Detection Group’s primary industry is Electronic Equipment and Instruments.

  • 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.

  • 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.

  • When was The Detection Group acquired?

    The Detection Group was acquired on 01-Aug-2022.

  • Who acquired The Detection Group?

    The Detection Group was acquired by Watts Water Technologies.

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