Shayp

Overview
News
Smart Homes: Energy & Water Solutions?
Product stageSegments
Seed
?
Home water monitoring and management
?

Shayp is a Belgian proptech company that has developed an intelligent water monitoring system to help reduce water consumption in buildings. The company's solution comprises a wireless data logger and cloud-based software that leverages machine learning and real-time data analysis to detect water leaks, track water usage, and identify system discrepancies. By implementing Shayp's technology, property owners can reduce water consumption by over 20% on average.

Shayp's IoT and SaaS platform collects data from a building's existing water meters and utilizes AI algorithms to classify leaks and anomalies based on their severity. The solution alerts building managers through an app, enabling them to prioritize and address issues promptly. The company offers its solution as a service through a subscription model, providing both hardware and software components.

Shayp's technology has been deployed in various types of buildings, including municipal buildings, hospitals, offices, schools, and multi-residential complexes. In Brussels alone, the company claims to be saving over 50 million liters of water annually through its implementations.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Brussels BEL
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 2.3 mn
Last Funding:
USD 2.3 mn (Seed; Dec 2020)
Last valuation:
-
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