MI Systems Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Employees
  • 39

Employees

  • Latest Deal Type
  • Out of Business

MI Systems General Information

Description

Operator of a water technology company intended to develop and manufacture energy-efficient and sustainable water treatment systems. The company focuses on providing energy generation, saltwater filtration, offering power and clean water to cities, and developing a portfolio of modular and containerized treatment systems, enabling clients to have an alternative option to the water crisis through innovative technology and services at an affordable cost.

Contact Information

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 11302 Steeplecrest Drive
  • Houston, TX 77065
  • United States
Primary Industry
Environmental Services (B2B)
Other Industries
Water Utilities
Alternative Energy Equipment
Corporate Office
  • 11302 Steeplecrest Drive
  • Houston, TX 77065
  • United States

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MI Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Out of Business 11-Feb-2025 Completed Out of Business
7. Debt - PPP 03-May-2020 Completed Generating Revenue
6. Later Stage VC 27-Mar-2019 Completed Generating Revenue
5. Early Stage VC 16-Dec-2016 Completed Generating Revenue
4. Seed Round 21-Mar-2016 Completed Generating Revenue
3. Seed Round 20-Jan-2016 Completed Generating Revenue
2. Angel (individual) 05-Jan-2015 $198K $198K Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view MI Systems’s complete valuation and funding history, request access »

MI Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a water technology company intended to develop and manufacture energy-efficient and sustainable water treatm
Environmental Services (B2B)
Houston, TX
39 As of 2023

Montreal, Canada
 

Quebec City, Canada
 
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MI Systems Competitors (4)

One of MI Systems’s 4 competitors is Ovivo, a Private Equity-Backed company based in Montreal, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ovivo Private Equity-Backed Montreal, Canada
H2O Innovation Private Equity-Backed Quebec City, Canada
Waterlife Formerly VC-backed Hyderabad, India
Compass Water Solutions Formerly PE-Backed Tustin, CA
To view MI Systems’s complete competitors history, request access »

MI Systems Patents

MI Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4511160-A1 Removal of hardness using template assisted crystallization for electrodialysis desalination of saline water Pending 21-Apr-2022
EP-4460481-A1 Ion removal from heavy ends using electrodialysis Pending 15-Dec-2021
FR-3034193-A1 Retractable test bench for vehicles Pending 24-Mar-2015
FR-2997500-B1 Test bench for motor vehicle Inactive 29-Oct-2012
FR-2997500-A1 Test bench for motor vehicle Active 29-Oct-2012 G01M17/0074
To view MI Systems’s complete patent history, request access »

MI Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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MI Systems FAQs

  • When was MI Systems founded?

    MI Systems was founded in 2014.

  • Where is MI Systems headquartered?

    MI Systems is headquartered in Houston, TX.

  • What is the size of MI Systems?

    MI Systems has 39 total employees.

  • What industry is MI Systems in?

    MI Systems’s primary industry is Environmental Services (B2B).

  • Is MI Systems a private or public company?

    MI Systems is a Private company.

  • What is MI Systems’s current revenue?

    The current revenue for MI Systems is .

  • How much funding has MI Systems raised over time?

    MI Systems has raised $23.8M.

  • Who are MI Systems’s competitors?

    Ovivo, H2O Innovation, Waterlife, and Compass Water Solutions are competitors of MI Systems.

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