CityTaps provides a modular software platform and smart metering solutions to enhance water distribution operations, reduce non-revenue water, and improve cash collection through a Pay-as-you-Consume model. The company addresses the lack of reliable access to running water in urban homes by automating metering, billing, and leak detection processes.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many urban areas, particularly in developing countries, face challenges in providing reliable access to running water due to inefficient water distribution operations, high levels of non-revenue water (NRW) from leaks and theft, and difficulties in cash collection. Traditional metering and billing methods are often manual, inaccurate, and costly, leading to financial losses for water utilities and unreliable service for consumers.
Solution
CityTaps offers a modular software platform and smart metering solutions designed to optimize water distribution, reduce NRW, and improve revenue collection through a Pay-as-you-Consume (PAY-C) model. The platform automates metering, billing, and collection processes, enabling utilities to detect leaks, monitor water consumption patterns, and prevent water theft. By implementing PAY-C, CityTaps helps utilities avoid customer debt and eliminate accounts receivable, while ensuring that consumers have access to a reliable water supply.
Target Audience
CityTaps primarily targets water utilities and municipalities in urban areas, particularly in developing countries, that are seeking to improve their water distribution operations, reduce non-revenue water, and enhance revenue collection.
Features
- Smart metering infrastructure for automated meter reading and billing
- Pay-as-you-Consume (PAY-C) functionality to eliminate customer debt and improve cash flow
- Leak detection and active leak management tools to reduce non-revenue water
- Software platform for monitoring District Metering Areas (DMAs) and calculating NRW indicators
- Data analytics to identify abnormal water consumption behaviors, such as leaks and water theft
- Modular design allowing for customized solutions based on specific utility needs