RainStick is a Canadian startup founded in 2019 that aims to revolutionize showering with its innovative product. The company's slogan, "The smarter way to shower," underscores its commitment to combining water-saving technology with an exceptional user experience. RainStick's WiFi-enabled smart shower has the potential to achieve significant environmental impact by saving up to 80% of water and energy, while simultaneously offering nearly double the flow rate compared to traditional showers.
The startup has attracted attention with its recent achievement of securing a Seed Round investment on 02 January 2024. This round of funding was backed by Capital Angel Network and BuildTech VC, indicating that the startup's potential has not gone unnoticed by industry players and investors.
RainStick operates within the Energy, Renewable Energy, and Water sectors, addressing pressing global issues related to resource conservation and sustainable living. With North American orders now open, the startup is poised to further expand its market presence and drive adoption of its innovative solution.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $2.60M | 3 | BDC Venture Capital | 16 Jul 2024 |
Seed Round | Unknown | 2 | 02 Jan 2024 | |
Grant | Unknown | 1 | Innovate BC | 18 Jan 2023 |
Grant | $300.00K | 1 | 12 Aug 2021 | |
Seed Round | $700.00K | 1 | 12 Aug 2021 |
No recent news or press coverage available for RainStick.