Spout

Spout is the first IoT device to quantitatively detect lead in at-home drinking water.

  • Stage Prototype Ready
  • Industry Clean Technology
  • Location Denver, CO, USA
  • Currency USD
  • Founded November 2017
  • Employees 3
  • Incorporation Type C-corp
  • Website safespout.com

Company Summary

Spout quantitatively detects lead in drinking water and will be sold to consumers & utilities and will locate lead service lines globally. With $750K prepaid pilots, Spout has skimmed the surface of the $350B TAM. The 100M pipeline includes $20M recurring revenue. 4th year projections exceed $200M top-line and 40% EBITDA. The patent-pending technology is first of its kind and experienced leadership includes a CEO with previously exits (IPO).

Team

  • Ari Kaufman
    Chief Executive Officer

    - Board Member, Junior Achievement
    - Mentor, Techstars
    - Operating Partner, Nexacquire
    - Advisor, Blank Slate Systems
    - Chief Executive Officer, Placeable
    - President, LocationInsight
    - Venture Strategy Consultant, Trailblazer Group
    - General Manager, LookSmart
    - Vice President of Sales, TruEffect
    - Chief Strategy Officer, PrecisionIR Group
    - EVP of Internet Operations, Advertising Sales and Business Development, Zacks.com (ZIR)

  • Brian Heinze
    Head of Product & R&D

    - COO, OptiEnz Sensors
    - R& D Director, OptiEnz Sensors
    - Post Doctoral Researcher, OptiEnz Sensors
    - R&D Advisor, Edoceo Devices
    - Research Scientist, Colorado State University
    - Founder, Bio Logix-USA
    - PhD, Biosystems Engineering

  • Sharif Youssef
    Head of Technology

    - Founder, MiLynk, LionKube, InfluenceGeek and DailyMynd
    - Advisor, Apollobit
    - Big Data Consultant, Acxiom
    - Advisor, iGivefirst
    - Enterprise Product Strategist, Acxiom
    - Senior Solution Consultant, Transunion
    - Business Solutions Architect, Experian
    - Technology Consultant / System Architect, IBM
    - Program Manager, First Data Corporation

Advisors

Previous Investors

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