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Waterplan, the innovative corporate water sustainability platform, is thrilled to announce a successful funding round of $10 million, led by notable investors keen on fostering sustainable business practices. As part of the prestigious Y Combinator S21 cohort, Waterplan aims to revolutionize how companies measure, respond to, and report on water risk—a critical factor in the ongoing challenge of global water scarcity. This latest infusion of capital will empower Waterplan to enhance its platform, offering cutting-edge tools for sustainability teams to efficiently assess water risk across their operations and supply chains.
With the funding, Waterplan plans to expand its best-in-class data access and integrate more advanced analytics to streamline data collection and reporting processes. The platform not only saves valuable time for businesses but also facilitates effective stakeholder alignment, enabling swift action on water risks—an increasingly urgent priority for companies such as Amazon, Meta, and AB InBev, who have partnered with Waterplan to bolster their sustainability initiatives.
As a fast-growing venture-backed company, Waterplan is committed to its mission of accelerating the transition to a water-secured world. With this new round of funding, Waterplan is poised to make significant strides in supporting businesses in their quest to manage water sustainability effectively, ensuring a more responsible and resilient future for industries and communities alike.
