We are excited to announce that Valor Water Analytics (Valor) was recently acquired by industry leader Xylem Inc (NYSE: XYL). Xylem is a $13B water technology company that services utility and commercial clients across 150 countries.
Dr. Christine Boyle founded Valor in 2013 with a mission to bring big data solutions to water utilities in order to improve their financial and water resource sustainability. To accomplish this, Valor created a suite of world-class software products. Valor’s products are now deployed in ten states across the USA, including notable utilities such as American Water and Suez. Its “Hidden Revenue Locator” product is widely recognized as a best-in-class technology for automated loss detection. The company remains committed to integrating its technology with all meters across the US and beyond. Valor will now execute on this ambitious vision under the Xylem umbrella.
The alignment of Valor and Xylem in product and vision made this acquisition the right strategy for Valor’s next stage of growth. Under Xylem, Team Valor continues and will spearhead Xylem’s Silicon Valley branch and lead Xylem’s advanced data science initiatives. Valor’s product lines will join Xylem’s existing suite of advanced analytics products. This exit demonstrates the value of building an innovative water technology that brings measurable value to the water sector.
Valor had previously raised $2.8M from investors such as the Urban Innovation Fund, Y Combinator, 500 Startups, Apsara, Hydro Venture Partners, Shore Ventures, Syzygy, and Matadero Ventures. These investors supported this exit and are excited for the next chapter of Valor.
Valor is looking forward to solving the world’s water issues as part of Xylem’s world-class team of dedicated water professionals.