Eddy Solutions

What Eddy Solutions does

Eddy Solutions, operating as Eddy Smart Home Solutions Inc. and publicly traded on the TSX Venture Exchange under ticker EDY, provides managed water leak detection and mitigation technology for buildings across North America. The company's integrated platform combines proprietary hardware — Eddy H2O 3-in-1 wireless sensors (water, temperature, humidity; 7+ year battery life), Eddy IQ smart ultrasonic water meters with integrated automatic shutoff valves for 3/4"–1" lines, Eddy Link retrofit controllers for third-party valves up to 18", and Eddy Valves up to 10" — with a proprietary 915 MHz LoRaWAN wireless network, the Eddy Dashboard cloud platform, and a 24/7 staffed monitoring center that confirms every alert, coordinates shutoff responses, and produces insurance-grade Leak Incident Reports.

The platform serves multi-family residential, commercial real estate (Class A/B office), hospitality, institutional/healthcare, and course-of-construction customers, with deployments at properties and projects including PCL Construction, Four Seasons, The Ritz-Carlton, UCLA, Tridel, AMLI Residential, The Durst Organization, and FirstService Residential. Revenue is generated through subscription-based managed monitoring services (annual billing), hardware sales, and project/construction services structured as multi-year upfront contracts. Distribution relies on direct enterprise field sales, channel referrals from insurance carriers and brokers (AXA XL, Aon, Zurich, HUB International, Marsh, NFP, American Global, Northbridge), and construction partner integrations.

As of year-end 2025, Eddy reported 140,000+ active devices across 200+ properties, $4.7M in FY2025 revenue (up 25% year-over-year), $8.6M in operational revenue (up 18%), $1.23M in Q1 2026 revenue (up 16%), U.S. revenue growth of 57% to $318,670, and a net loss of $2.8M for FY2025. Documented customer outcomes include up to 25% insurance premium reductions, up to 80% deductible reductions, $98M in estimated property damage prevented in one year, and 565M gallons of water conserved.

Name

Eddy Solutions

Legal name

Eddy Smart Home Solutions Inc.

Website

https://eddysolutions.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Eddy Solutions provides managed water leak detection and mitigation technology for buildings, combining proprietary LoRaWAN sensors, smart meters, automatic shutoff valves, a cloud dashboard, and 24/7 monitoring services for multi-family, commercial, hospitality, institutional, and construction customers across North America.

Ownership category

akta.pro rank

Product category

Water Leak Detection Systems

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Security Systems Services (56162)

SIC

Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Water Leak Detection & Smart Shutoff Valve Systems (HSAHAGAA)

akta.pro secondary industries

Commercial/Residential Building Water Management & Leak Analytics Services (HSAHAGAK), Environmental & Technical Alarm Monitoring (Temperature, Water Leak, Gas, Power) (BPAKAFAG)

Keywords

• Water leak detection
• Building monitoring services
• Automatic shutoff valves
• Smart water metering
• Property risk management

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Managed Monitoring Service: Ongoing monitoring charge covering dedicated network, 24/7 call center, and data storage and delivery. Operates as a managed service program from one vendor combining sensors, meters, valves, monitoring center, and insurance-grade reporting.
2. Hardware Products: Sensors (Eddy H2O), smart meters (Eddy IQ), shutoff valves (Eddy Valve), controllers (Eddy Link), and gateways sold as part of the deployment. Hardware is modular and scalable from 100 to 2,000+ devices on the same network.
3. Project/Construction Services: For new construction, programs are available entirely upfront with no ongoing monitoring to align with project timelines. Installation services for sensors and valves, coordinated with mechanical engineers and trades.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Eddy Solutions sells an integrated managed water leak detection and protection program for buildings: wireless point-of-leak sensors (Eddy H2O), ultrasonic smart meters with integrated shutoff valves (Eddy IQ), automatic shutoff valves up to 10 inches (Eddy Valve), retrofit controllers for third-party meters and valves up to 18 inches (Eddy Link), a cloud monitoring platform (Eddy Dashboard) and a 24/7 staffed monitoring center that confirms alerts, coordinates shutoff and produces insurance-grade Leak Incident Reports. All devices run on a proprietary 915 MHz LoRaWAN network, and the platform is offered as a subscription-based managed service sold to property owners, managers, GCs and insurers.

Product overview

Eddy Solutions offers a managed water leak detection and protection platform combining hardware sensors, smart meters, automatic shutoff valves, a cloud dashboard, and 24/7 monitoring services. The core product portfolio includes: Eddy H2O (3-in-1 wireless point-of-leak sensors detecting water, temperature and humidity), Eddy IQ (smart ultrasonic water meter with integrated automatic shutoff for flow monitoring and submetering), Eddy Valve (automatic shutoff valves up to 10 inches), Eddy Link (retrofit controller for reading existing meters and driving third-party valves up to 18 inches), and the Eddy Dashboard (cloud platform for real-time monitoring, remote valve control and incident reporting). All devices communicate via LoRaWAN at 915 MHz. The platform is backed by a 24/7 monitoring center staffed by trained operators who confirm alerts, coordinate responses and produce Leak Incident Reports. Additional tools include the Water Risk Intelligence tool and Water Damage Mitigation Plan Builder. An AI-powered chat assistant provides product information on the website.

Differentiator

Problem solved

Functional benefit

Brands

• Eddy IQ: Smart ultrasonic water meter and automatic shutoff valve for ¾ to 1 inch lines with LoRaWAN connectivity
• Eddy H2O
• Eddy Link
• Eddy Dashboard
• Eddy Valve

Products and services

• Eddy H2O 3-in-1 wireless leak detection sensor that detects water presence, temperature and humidity at point-of-leak locations including fixtures, risers, mechanical rooms and elevator pits, with a 7+ year battery life and 915 MHz LoRaWAN connectivity that penetrates concrete walls and mechanical shafts. Designed for property owners, managers and GCs deploying water risk protection in multi-family, commercial, hospitality and construction environments.
• Eddy IQ All-in-one smart ultrasonic water meter with integrated automatic shutoff valve for 3/4" to 1" pipe sizes. Performs flow-based anomaly detection (continuous low flow at 0.1 LPM, continuous use at 2 LPM for 30 min, extreme use at 20 LPM for 5 min), enables per-suite submetering and billing, and supports remote and automatic shutoff. Targets multi-family and commercial properties needing LEED-eligible suite metering and leak response in one device.
• Eddy Valve Automatic shutoff valves up to 10 inches that close on sensor trigger, flow threshold or operator command. NSF61-rated for potable and non-potable water and designed as part of the integrated response chain for main, zone, HVAC and suite shutoff in multi-family and commercial buildings.
• Eddy Link Valve and water meter controller that reads existing Sensus, Neptune, Badger and Mueller meters and drives third-party shutoff valves up to 18 inches. Includes backup LiPo battery for outage protection and optional 4-20 mA pressure transmitter input, bridging legacy infrastructure to the Eddy cloud and 24/7 monitoring platform via LoRaWAN.
• Eddy Dashboard Cloud platform providing real-time device status, event timelines, remote valve control and Leak Incident Reports for property teams. Available via web, mobile and API, with submetering exports compatible with CARMA, Wyse and Metergy and a read-only API for property management software (Yardi, MRI) and BMS/BAS systems.
• 24/7 Monitoring Center Staffed 24/7/365 monitoring center where trained operators confirm every alert, coordinate automatic or remote shutoff, escalate per the property's contact list and produce Leak Incident Reports covering detection, verification, isolation and resolution. Provides the human response chain that turns alerts into loss prevention for multi-family, commercial, hospitality and institutional portfolios.

Quantifiable outcome

• Up to 80% deductible reduction at individual properties
• +9 more outcomes

Named customers30 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• AXA XLcoreGTM or Marketing PartnerAXA XL includes Eddy in its Construction Ecosystem technology library, recognizing 20 new tech solution partnerships for loss prevention. Co-publishes budget tools with Eddy and provides marketing visibility through the insurance carrier's risk management platform.
• AoncoreStrategic or Co-development PartnerAon published an independent whitepaper validating Eddy's effectiveness in commercial real estate. Study found 58% of water-loss claims could be positively affected by water leak detection. Aon co-develops tools, provides referrals, and supports client insurance conversations.
• HUB InternationalcoreGTM or Marketing PartnerInsurance broker partner providing referrals and supporting client insurance conversations about Eddy's leak detection technology.
• MarshcoreGTM or Marketing PartnerInsurance broker partner providing referrals and supporting client insurance conversations about Eddy's leak detection technology.
• NFPcoreGTM or Marketing PartnerInsurance broker partner providing referrals and supporting client insurance conversations about Eddy's leak detection technology.
• American GlobalcoreGTM or Marketing PartnerInsurance broker partner. Jointly discusses technology and insurance in webinar on leak prevention with AXA XL and Eddy.
• TRU Technical Risk UnderwritersminorGTM or Marketing PartnerInsurance partner recognizing Eddy for loss control and underwriting purposes. Provides visibility through TRU's loss control platform.
• RokstoneminorGTM or Marketing PartnerInsurance partner providing coverage and supporting client risk management with Eddy technology.
• ZurichcoreGTM or Marketing PartnerInsurance carrier recognizing Eddy through Zurich ACURE program. Approved for deductible or premium savings for clients. Carriers like Zurich recognize the system in underwriting.
• AIGcoreGTM or Marketing PartnerInsurance carrier partner recognizing Eddy technology for client coverage. WDPP builder aligned with AIG WDPP requirements.
• Northbridge InsurancecoreGTM or Marketing PartnerNorthbridge offers a 25% discount on Eddy's smart leak protection system to all of its construction policyholders. Provides financial incentive for builders risk customers.
• PCL ConstructioncoreStrategic or Co-development PartnerPCL Construction is a key construction partner. Budgets for Eddy from proposal stage on every project. $8.3M in damage prevented across 11 projects in first year. 47 anomalies investigated, 39 leaks contained. Serves as reference customer and co-presents in webinars.

Scale indicators16 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• WINT Water Intelligence: WINT provides AI-based water leak detection and management for commercial and multi-family buildings. It is the most direct comparable to Eddy, offering real-time monitoring, anomaly detection, and automated shutoff targeting the same property manager and asset owner buyer.
• Phyn: Phyn (an Uponor subsidiary) offers smart water monitoring with automatic shutoff, using flow-based analytics to detect leaks. Closely comparable to Eddy IQ's flow logic approach, though more residential-focused and at smaller pipe sizes.
• FloLogic: FloLogic manufactures automatic water shutoff systems that detect leaks via flow monitoring and close the main valve. Directly comparable to Eddy's valve + flow threshold approach for residential and light commercial properties.
• LeakSmart: LeakSmart provides whole-home water leak detection with automatic shutoff valves and sensors. Direct competitor to Eddy H2O sensors and shutoff offerings, focused on the residential and multi-family markets.

Emerging players

• WaterSignal: WaterSignal provides real-time water monitoring and leak detection for commercial properties, multifamily housing, and institutional facilities. Comparable in target market and submetering focus, though smaller scale and narrower feature set than Eddy.
• Flume: Flume provides smart home water monitoring through a clamp-on water meter sensor. Comparable to Eddy's flow-based detection but residential-only and without integrated shutoff capability.

Broad incumbents

• Resideo Technologies (Honeywell Home): Resideo's Honeywell Home brand offers water leak detectors, shutoff valves, and smart home monitoring across a broader portfolio of security, comfort, and air quality products. Comparable as a water leak detection player but with much wider distribution and product breadth.
• Flo by Moen: Flo by Moen offers smart water monitoring and automatic shutoff for residential plumbing. Comparable to Eddy IQ for residential deployments, backed by Moen's strong plumbing brand and retail distribution.
• Alarm.com: Alarm.com is a smart home and business security platform that includes water leak detection sensors and integration with shutoff devices. Comparable as a connected building platform with overlapping water monitoring capabilities, though broader in scope.
• Pentair: Pentair is a large water treatment and flow control company with smart water solutions for residential and commercial customers. Comparable in water management focus but at vastly larger scale with broader product portfolio including pumps, filtration, and valves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TweetsbyEddy
• Facebookfacebook.com/EddySolutionsInc
• LinkedInlinkedin.com/company/eddysolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eddy Solutions