Third Sphere

Third Sphere is a venture capital investment firm based in Brooklyn, New York, founded in 2013. The firm specializes in pre-seed and seed stage investments, focusing on companies that drive rapid, scalable climate action across various sectors, including energy, food, water, waste, transportation, healthcare, and government technology. Third Sphere aims to achieve significant environmental impact while generating substantial financial returns by investing in innovative companies that enhance greenhouse gas reduction and resilience. With a track record of over 100 portfolio companies, the firm emphasizes collaboration with early-stage teams to unlock institutional funding and expand ownership opportunities. Third Sphere is distinguished by its extensive network, facilitating numerous introductions and providing access to asset finance, while its general partners bring a combined nine years of experience and a strong reputation in the climate technology investment space.

Shilpi Kumar

Partner

Past deals in Water

Varuna

Venture Round in 2020
Varuna is a company that provides a water monitoring platform aimed at assisting water utility leaders in managing their systems effectively. Founded in 2018 by Seyi Fabode, Jamail Carter, and Chris Karr, Varuna utilizes advanced sensors, machine learning, and artificial intelligence to enable real-time monitoring of water quality. The platform not only predicts potential quality issues but also helps utilities assess their resource needs and generates mandated reports quickly and efficiently. By enhancing situational awareness and operational efficiency, Varuna supports water utilities in delivering clean and safe water to their communities.

Aquagenuity

Pre Seed Round in 2020
Aquagenuity, Inc. is a company that specializes in water quality monitoring through its innovative business intelligence tool. Founded in 2018 and based in Atlanta, Georgia, Aquagenuity leverages big data and machine learning to provide real-time, hyperlocal water quality data to consumers, corporations, and municipalities. Its application allows users to enter their zip code to access detailed information about their local water, including potential health impacts and sustainability concerns. Recognized as the "world's largest water database," Aquagenuity's platform also includes a web app, a robust API, and the proprietary AquaScoreâ„¢, which rates water quality similar to a credit score. Additionally, the company conducts the Water Genome Projectâ„¢, collaborating with various institutions to map global water quality. Through initiatives like the Guardians of H2O program, Aquagenuity engages local communities and schools in water quality monitoring, aligning with global sustainability goals.

Varuna

Convertible Note in 2019
Varuna is a company that provides a water monitoring platform aimed at assisting water utility leaders in managing their systems effectively. Founded in 2018 by Seyi Fabode, Jamail Carter, and Chris Karr, Varuna utilizes advanced sensors, machine learning, and artificial intelligence to enable real-time monitoring of water quality. The platform not only predicts potential quality issues but also helps utilities assess their resource needs and generates mandated reports quickly and efficiently. By enhancing situational awareness and operational efficiency, Varuna supports water utilities in delivering clean and safe water to their communities.

ecomo

Seed Round in 2016
Ecomo Inc. specializes in the design and manufacture of innovative smart water bottles that utilize advanced sensing technology to test, analyze, and purify water. Founded in 2016 and headquartered in Sunnyvale, California, the company addresses the critical issue of water contamination by providing a portable and affordable device capable of detecting various water quality parameters, such as Total Organic Carbon, turbidity, Total Dissolved Solids, heavy metals, and bacteria. Ecomo's product is designed for both indoor and outdoor use, making it suitable for activities like hiking and camping, as well as for everyday use in kitchens and offices. The smart water bottle features a button-less design with readings accessible via a smartphone app, and it is powered by a solar panel for convenience during outdoor activities. Additionally, the device is extendable, allowing for filter and detector add-ons to enhance its functionality.

Rachio

Series A in 2015
Rachio, Inc. is a Denver-based company that specializes in intelligent sprinkler controllers designed to enhance water efficiency for residential landscapes. Founded in 2013, Rachio offers a WiFi-enabled device that allows users to manage their outdoor sprinkler systems remotely through a smartphone application. This technology enables automatic scheduling of irrigation based on various factors, including local weather conditions, soil characteristics, and user-defined water budgets. By utilizing cloud-based software, Rachio provides customers with the ability to customize their watering schedules, ultimately helping them conserve water and reduce their watering costs.

Rachio

Convertible Note in 2014
Rachio, Inc. is a Denver-based company that specializes in intelligent sprinkler controllers designed to enhance water efficiency for residential landscapes. Founded in 2013, Rachio offers a WiFi-enabled device that allows users to manage their outdoor sprinkler systems remotely through a smartphone application. This technology enables automatic scheduling of irrigation based on various factors, including local weather conditions, soil characteristics, and user-defined water budgets. By utilizing cloud-based software, Rachio provides customers with the ability to customize their watering schedules, ultimately helping them conserve water and reduce their watering costs.

Rachio

Convertible Note in 2013
Rachio, Inc. is a Denver-based company that specializes in intelligent sprinkler controllers designed to enhance water efficiency for residential landscapes. Founded in 2013, Rachio offers a WiFi-enabled device that allows users to manage their outdoor sprinkler systems remotely through a smartphone application. This technology enables automatic scheduling of irrigation based on various factors, including local weather conditions, soil characteristics, and user-defined water budgets. By utilizing cloud-based software, Rachio provides customers with the ability to customize their watering schedules, ultimately helping them conserve water and reduce their watering costs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.