The startup develops a water submetering platform that combines specialized hardware and software to accurately measure and analyze water consumption. This technology enables tenants to pay for their actual water usage while providing property owners with insights and alerts for leaks, enhancing resource management and cost efficiency.
Funding
$3.8M 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
Property owners often lack detailed insight into individual tenant water consumption within multi-unit buildings. This makes it difficult to allocate water costs fairly, identify leaks promptly, and encourage water conservation among tenants. Traditional water metering can be expensive to install, requiring extensive plumbing modifications and causing disruption to tenants.
Solution
Dune Labs offers a water submetering platform that combines clamp-on hardware with cloud-based analytics to provide accurate, real-time water usage data for multi-tenant properties. The system installs without cutting pipes, minimizing installation costs and tenant disruption. By providing granular consumption data, Dune enables property owners to bill tenants based on actual usage, identify leaks quickly through AI-powered analytics, and promote water conservation. The platform integrates with existing billing systems, streamlining operations and improving net operating income (NOI) for property owners.
Target Audience
The primary target audience includes owners and managers of multifamily properties, mobile home parks, condominiums/HOAs, new developments, and commercial properties seeking to optimize water management and reduce costs.
Features
- Non-invasive clamp-on installation, eliminating the need for plumbing modifications
- Real-time remote meter reading via a connected IoT solution
- AI-powered leak detection and alerts to minimize water waste
- Integration with billing systems for automated tenant billing
- Web-based dashboard for monitoring water consumption and identifying trends
- Secure data transmission and storage