Smart Water Meter Sensor, Takes First Place in GEN’s Startup Open

BrighTap, a smart water meter sensor that monitors water quality and consumption, took first place in the 2016 Startup Open – defeating more than 1,000 startups from 101 different countries.

Through the Startup Open competition, the Global Entrepreneurship Network (GEN) recognizes the top promising young firms that have yet to raise any outside capital from angel investors, venture capital firms or other formal sources of seed funding.

BrighTap, a product made by Israeli company BwareIT, is an Internet-of-things (IOT) meter that can be attached to any standard water tap, pipe or hose and helps users enjoy cleaner water while reducing their water bills.

The tap meter provides water quality information, and tells the user how much water is consumed – powering itself by the water that runs through it. The product’s display shows real-time data and also stores it for tracking through a monitoring system. 

“As digital advances disrupt traditional industries across all sectors – and throughout different countries and economies – entrepreneurs are at the forefront of these changes, working to solve critical problems,” said Jonathan Ortmans, president of Global Entrepreneurship Network. “BrighTap is an excellent example of how a young firm has the potential to make a lasting impact on the world around them.”

Bware IT was co-founded by company CEO Konstantin Berezin, who has a background in consumer electronics and environment solutions experience, along with Ariel Drach, the chief technology officer, and Alex Sudak, the chief operations officer.

As the first place winner of the Startup Open competition, one person from the startup’s founder team will receive free airfare and accommodations to the Global Entrepreneurship Congress in Johannesburg, South Africa, March 13-16. BrighTap was also featured by CNBC as one of “10 of the World’s Hottest Startups of 2016,” along with fellow Startup Open finalists.

BrighTap and the other finalists automatically gained membership in the GEN Starters Club, a community of talented founders with access to GEN mentors among its network in 165 countries, enhanced exposure and curated networking opportunities at special events around the world.

Source: Military Technologies

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Taxonomy

• Startups
• Technology
• Smart Meters
• Smart Metering
• Internet

1 Comment

1. We work with hundreds of startups in the health, medical, IoT, and many other segments. We mentor, advise, invest in them also, after a very rigorous vetting and due diligence process. We checked out this "fancy" product and frankly we are amazed how they can get the traction and also saddened that the GEN mentors have selected this early seed startup. It's a very fancy smartphone connected solution for what? Your water consumption is on your water bill already, your water quality is checked annually and is also on your water bill (there are very simple test kits you can by from the hardware store), your hot water temperature is controlled by your water heater thermostat control... We have serious water problems in our cities, especially in the US with a crumbling water distribution infrastructure leaching lead and other metals in the potable water system. This fancy pants gadget gives you an idea of the water quality (we are not sure how a simple battery operated sensor can check some of the lead and other metals, but that's another question) and some consumption information (maybe useful for totally connected people with access to a lot of things). But it does not solve the most critical, crucial and important issue! Clean tap water! This is a perfect example on where the money of angel, private and institutional investors is wasted. No wonder the statistics don't lie and over 95% of startups fail. This gadget sounds and smells like another Theranos....