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FloLogic Inc.

FloLogic minimizes property owners' and insurers' exposure to water damage while saving 10,000 gallons of wasted water in an average home.

  • Stage $1M in TTM Revenue
  • Industry Clean Technology
  • Location Raleigh, NC, USA
  • Currency USD
  • Founded October 1996
  • Employees 2
  • Website flologic.com

Company Summary

The FloLogic System enables property owners to detect plumbing leaks before they cause problems. Property damage caused by plumbing failures impacts 2 million homes annually. The resulting $9.5 Billion in insured losses represents 22% of U.S. claims paid each year . Plumbing leaks account for 14% of the average home's water bill. We detect and stop leaking water anywhere in a home or business. Trailing 12 month revenue of $1.3M. No debt.

Team

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    Charles De Smet
    President

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    Douglass Phillips Jr
    EVP

Advisors

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    Hutchison Law Group
    Lawyer
    Unconfirmed
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    Rabon and Dailey
    Accountant
    Unconfirmed

Previous Investors

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    Angels in the Raleigh-Durham area.
    Unconfirmed