WI.Plat

What WI.Plat does

WI.Plat Co., Ltd. is a South Korean water technology company founded in March 2020 as an in-house venture of K-water (Korea Water Resources Corporation), headquartered in Daejeon with sales offices in Seoul and a US branch in Maryland. The company develops and deploys NELOW, an AI and IoT-based intelligent water leak management platform that combines acoustic IoT sensors (Sonic GL and Sonic M2), cloud infrastructure, and machine learning models to detect, localize, and quantify leaks in water distribution networks. The platform is designed for use by personnel without specialized leak detection expertise and is supplemented by mobile inspection apps, Minimum Night Flow (MNF) analysis, GIS-based network visualization, digital billing, and a recently launched NELOW AI Agent with conversational leak management interfaces.

The company sells and operates NELOW primarily to government-owned water utilities and municipal water authorities, with documented deployments in Indonesia (Surabaya, Bandung, Cirebon, Sukabumi, Palembang), Vietnam, Thailand, Malaysia, Kyrgyzstan, Singapore, Turkey, and across 23 regions in South Korea via K-water. Its revenue model combines performance-based NRW (non-revenue water) reduction contracts (revenue shared with the utility from achieved water loss savings, as in the Palembang PDAM agreement covering ~32,000 households), hardware/IoT sensor sales and platform subscriptions, direct procurement through Korea's Public Procurement Service under NELOW's innovative product designation, and project-based funding from KOICA and other development agencies. WI.Plat supplements direct sales with a consortium model in which it partners with local firms such as SUPRA Internasional for in-country implementation and training.

The company has scaled to roughly 18 employees, 45 clients, and 40+ overseas projects, has detected 510+ leaks and saved 3.7 million tons of water since 2021, and has received recognition including the SIWW 2024 Asset Management Innovation Award, the 2021 Korea Mobile Awards, multiple 2020 Korean government startup grand prizes, and TIPS startup program selection. Equity-like funding is modest (~$1.34M disclosed across D3 Jubilee in 2020 and KDB Bank Europe in 2022) and the company has progressed through all stages of KOICA's CTS program (Seed 0 through Seed 2) into the IBS program in 2025.

Name

WI.Plat

Legal name

WI.Plat Co., Ltd.

Website

https://wiplat.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

WI.Plat is a South Korean water technology company that sells the AI and IoT-based NELOW platform for detecting and reducing non-revenue water at government water utilities across Southeast Asia and other emerging markets, using performance-based contracts and consortium delivery with local partners.

Ownership category

akta.pro rank

Product category

Smart Water Management Software

NAICS

Water Supply and Irrigation Systems (22131), Water, Sewage and Other Systems (2213)

SIC

Water Supply (4941), Totalizing Fluid Meters & Counting Devices (3824), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

NRW Data Management & Water Balance (IWA Methodology, GIS/SCADA Integration, Digital Twins) (EUANAKAJ)

akta.pro secondary industries

Network Monitoring & Smart Water Sensors (Pressure/Flow/Noise Loggers, IoT) (EUANAKAB), Active Leak Detection & Acoustic Surveying (Ground Mics, Correlators, Hydrophones) (EUANAKAA), Real-Time Leak Alarms & Event Management (Analytics Platforms, Workflows) (EUANAKAK), Water & Wastewater Utility IoT (SCADA, Leak/Quality Monitoring) (EUADAPAK), Commercial/Residential Building Water Management & Leak Analytics Services (HSAHAGAK)

Keywords

• Intelligent water management
• Water leak detection
• Non-revenue water reduction
• IoT acoustic sensors
• Smart water utility software

Headquarters

HQ city

Daejeon

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Performance-Based NRW Reduction Contracts: Revenue generated from measurable water loss reduction outcomes. WI.Plat Consortium (WI.Plat + local partner) shares revenue from reduced water losses with water utilities (e.g., Palembang PDAM agreement). Enables risk-sharing and alignment of incentives between WI.Plat and utility clients.
2. System and Equipment Sales/Leasing: Sale or leasing of NELOW hardware (IoT sensors, leak detection devices) and cloud platform subscriptions to water utilities and municipalities for continuous leak monitoring and management.
3. Government/Public Procurement: Designated as an innovative product by Korea's Public Procurement Service, enabling direct purchasing by K-water and Korean municipalities. Revenue from government contracts for leak management systems and services.
4. International Development Projects (KOICA): Funding and revenue from KOICA-supported programs (CTS Seed 0, Seed 1, Seed 2, IBS) for deploying smart water management solutions in developing countries. Structured as project-based cooperation agreements.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

WI.Plat develops and sells NELOW, an AI and IoT-based intelligent water leak management platform for water utilities and municipalities. The platform combines proprietary acoustic IoT leak sensors (Sonic GL and Sonic M2), cloud-based monitoring, and machine learning analytics to detect, localize, and manage leaks in water distribution networks in real time. The company also delivers performance-based non-revenue water (NRW) reduction services, where revenue is tied to measurable water loss reductions achieved through NELOW deployment.

Product overview

WI.Plat provides an integrated intelligent water management platform centered around NELOW (Intelligent Water Leak Management System), which combines IoT hardware devices (leak sensors Sonic GL and Sonic M2), AI-powered analytics software, and cloud-based monitoring systems. The core offering includes real-time leak detection and monitoring capabilities enhanced by AI agents and conversational interfaces, supported by a Performance-Based Leak Reduction Service model. The product portfolio also includes LEOM (AI for water treatment optimization), digital billing, and GIS-based network analysis modules. Together, these components form a comprehensive water loss management solution that enables utilities to detect leaks, monitor pressure, analyze flow data, and automate operational workflows.

Differentiator

Problem solved

Functional benefit

Brands

• NELOW: Intelligent Water Leak Management System - AI and IoT-based real-time water leak detection solution
• P-LINK
• LEOM

Products and services

• NELOW (Intelligent Water Leak Management System) AI and IoT-based real-time water leak detection platform that combines IoT sensor hardware (Sonic GL/Sonic M2), smartphone applications, and cloud-based analytics to detect, localize, and manage leaks across water distribution networks. Designed for water utilities and municipal authorities seeking to reduce non-revenue water (NRW).
• Leak Sensors (Sonic GL and Sonic M2) Hardware IoT sensor devices for water leak detection: Sonic GL is a high-precision acoustic sensor for collecting leak sound data from water meters and valves; Sonic M2 is a remote pressure monitoring device installed in District Metered Areas (DMAs) to monitor nighttime pressure patterns and identify leaks. Sold to water utilities and deployed as part of NELOW.
• Performance-Based Leak Reduction Service Managed service offering where WI.Plat deploys the NELOW system and shares revenue with the water utility based on measurable reductions in water loss achieved. WI.Plat Consortium (WI.Plat + local partner) executes on-ground deployment, training, and ongoing operations under multi-year contracts with utilities such as PDAM Palembang.
• AI Solution (NELOW AI) AI-powered analytics layer for the NELOW platform, including AI Agent-based autonomous analytics, conversational leak management interfaces, and customized AI models trained on regional acoustic data to optimize leak detection accuracy for specific local water network conditions.
• LEOM (AI Agent for Water Treatment Optimization) AI agent-based product designed to optimize water treatment processes at water utilities, complementing NELOW's leak detection capabilities to provide end-to-end intelligent water utility management.
• P-LINK Smart Water Management System Smart water management system for community-level water supply in rural and underserved areas, designed for small-scale water networks. Deployed under the P-LINK initiative in Bung Khla, Thailand (943 households, 2,365 people) along the Mekong River with KNUST-style AI leak detection, cloud monitoring, and digital billing.

Quantifiable outcome

• 510+ leaks detected since 2021
• +6 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

19 partnerships are on record, tiered minor and core.

• Mekong InstituteminorImplementation/ SI/ Consulting Partner · 11 September 2025Led capacity-building efforts in the P-LINK Thailand project, ensuring community and local authorities were fully equipped to operate and maintain the smart water management system. Key partner in ensuring long-term sustainability and local ownership of the project.
• UNOSSC (UN Office for South-South Cooperation)minorStrategic or Co-development Partner · 11 September 2025UNOSSC participated in the P-LINK Thailand pilot handover ceremony. The project commemorated the UN Day for South-South Cooperation 2025 and serves as a model for effective South-South and triangular cooperation.
• Korean Pavilion at WETEX 2025 (organized by KWP)minorGTM or Marketing Partner · 1 September 2025WI.Plat participated as part of the Korean Pavilion organized by Korea Water Partnership at WETEX & Solar Show 2025 in Dubai, meeting utilities and water industry stakeholders from the Middle East, Europe, and Asia.
• Perumda Tirta Musi (PDAM Palembang)coreImplementation/ SI/ Consulting Partner · 22 July 2025Signed a three-year performance-based NRW reduction agreement as part of KOICA's IBS program. WI.Plat Consortium (WI.Plat + Supra Internasional) deploys AI-powered smart water management system to approximately 32,000 households in the Rambutan district of Palembang, Indonesia. Revenue from reduced water losses is shared between PDAM Palembang and WI.Plat Consortium.
• PDAM Tirta Handayani (Gunung Kidul)minorStrategic or Co-development Partner · 20 May 2024Signed MOU at World Water Forum 2024 in Bali for deploying NELOW system to combat NRW issues and promote sustainable water management in the Gunung Kidul region of Indonesia.
• Perumda Tirta Prok (Riau Islands)minorStrategic or Co-development Partner · 20 May 2024Signed MOU at World Water Forum 2024 in Bali for deploying WI.Plat's Intelligent Water Leak Management System (NELOW) in the Riau Islands, Indonesia.
• Perumda Tirta Kencana (Samarinda, East Kalimantan)minorStrategic or Co-development Partner · 20 May 2024Signed MOU at World Water Forum 2024 in Bali for deploying NELOW system in Samarinda, East Kalimantan, Indonesia.
• Perumda Tirta Musi (Palembang, South Sumatra)minorStrategic or Co-development Partner · 20 May 2024Signed MOU at World Water Forum 2024 in Bali for deploying NELOW system in Palembang, South Sumatra. This partnership was later formalized into a full performance-based agreement in July 2025.
• PERPAMSI (Indonesian Water Supply Association)coreStrategic or Co-development Partner · 1 May 2024WI.Plat signed an MOU with PERPAMSI and SUPRA Internasional at IWWEF 2025 to build a collaborative framework for smart water utility management and sustainable leakage reduction. Partnership includes establishment of a Leakage Management Training Center, Flow Meter Performance Testing Facility, and Performance-Based NRW Reduction Project. WI.Plat also plans to collaborate with PERPAMSI to establish an NRW Training Center to enhance technical capabilities of local water utilities.
• UAUR (United African University of Rwanda)minorStrategic or Co-development Partner · 4 June 2021MOU signed in June 2021 for cooperation to solve water leakage problems in Africa through WI.Plat's intelligent water leak management technology.
• SUPRA InternasionalcoreImplementation/ SI/ Consulting Partner · 1 January 2021Long-standing local partner of WI.Plat since 2021, operating in Indonesia through technology transfer from WI.Plat. SUPRA's engineers and project managers played a pivotal role in Surabaya, Bandung, and Cirebon projects, conducting leak inspections and operating the NELOW system. Core consortium partner for KOICA IBS program in Indonesia.
• K-watercoreStrategic or Co-development PartnerWI.Plat was founded as an in-house venture of K-water (Korea Water Resources Corporation) in March 2020. K-water remains a key partner and customer, with WI.Plat's NELOW system being showcased at the K-water booth at World Smart City Expo 2024. WI.Plat continues to supply systems to K-water and local governments across 23 regions in South Korea.
• KWP (Korea Water Partnership)minorStrategic or Co-development PartnerWI.Plat participates in the Korean Pavilion organized by KWP at global exhibitions including WETEX and AWWA ACE, showcasing Korean water technology internationally.
• P4G (Partnering for Green Growth and the Global Goals)minorStrategic or Co-development PartnerWI.Plat is involved in P4G partnership initiatives for water leak management projects in Vietnam, demonstrating international cooperation for sustainable water management.
• MRC (Mekong River Commission)minorStrategic or Co-development PartnerMRC is a key stakeholder in the P-LINK Thailand project, working with WI.Plat to support four countries along the Mekong River through the UNDP-led initiative funded by Korea's Ministry of Science and ICT.
• UNDP (United Nations Development Programme)minorStrategic or Co-development PartnerUNDP leads the broader initiative (alongside STEPI and MRC) to support Mekong River countries, with WI.Plat playing a leading execution role in the Bungkla, Thailand pilot project funded by Korea's Ministry of Science and ICT.
• STEPI (Science and Technology Policy Institute)minorStrategic or Co-development PartnerSTEPI is a key partner in the Mekong River water management initiative alongside MRC and UNDP, with WI.Plat providing smart water management technology for the Bungkla, Thailand pilot.
• TNMCS (Thai National Mekong Committee)minorStrategic or Co-development PartnerRepresented at the P-LINK Thailand pilot handover ceremony, demonstrating government-level support for the Mekong River smart water management initiative.
• CapitaLand InvestmentminorImplementation/ SI/ Consulting PartnerWI.Plat was selected as a CapitaLand Sustainability X Challenge innovation, leading to deployment of its pipe leakage detection technology at the CQ @ Clarke Quay revitalization project in Singapore.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Xylem (Visenti / Pure Technologies): Global water technology leader with smart water, AMI, and leak detection offerings through its Visenti and Pure Technologies acquisitions. Competes with WI.Plat in network monitoring and NRW reduction for utilities but serves a broader portfolio including pumps, treatment, and metering.
• Itron: Major AMI and smart water metering vendor offering leak detection analytics at the meter level. Comparable to WI.Plat's NELOW sensor-plus-software approach, but Itron operates at much greater scale globally across electric, gas, and water utilities.
• Suez / Veolia Smart Water Solutions: Large water utility operators and solution providers offering smart network management and NRW reduction services. Compete with WI.Plat on performance-based NRW contracts globally and bring significantly larger capital and operational footprints.
• Badger Meter: Leading US smart water metering and AMI provider with analytics for leak detection and NRW reduction. Comparable to WI.Plat's smart metering and analytics layer but at much larger scale.
• Trimble Water (Telog / Cityworks): Utility-focused GIS, asset management, and IoT monitoring platforms including water network solutions. Comparable to WI.Plat's GIS-based network analysis and cloud monitoring modules within a broader infrastructure software portfolio.

Direct peers

• Aquarius Spectrum: Specialized acoustic leak detection and pipe condition assessment provider for water utilities. Closely comparable to WI.Plat's Sonic GL/Sonic M2 acoustic IoT sensor approach and leak detection analytics platform.
• Gutermann: Specialist in acoustic leak detection technology including noise loggers and correlators for water distribution networks. Direct peer to WI.Plat's hardware sensor line and cloud-based leak analytics.
• Echologics (Mueller Water Products): Acoustic-based leak detection and pipe condition assessment service for water utilities, owned by Mueller Water Products. Competes with WI.Plat's NELOW platform in mature utility markets.
• Kamstrup: Danish smart water metering and AMI specialist with analytics for leak detection and consumption management. Overlaps with WI.Plat's AMI/smart meter analytics and pressure monitoring offerings for water utilities.
• TaKaDu: Software-as-a-service analytics platform for water utilities focused on leak detection, network monitoring, and event management using SCADA and AMI data. Closely comparable to WI.Plat's cloud-based leak management software layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCDHC7aJ0QApH_EMefmqh7EA
• LinkedInlinkedin.com/company/wi-plat

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors3 records

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

M&A

Investments

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

Frequently asked questions about WI.Plat