H2O Degree
H2O Degree designs and sells wireless LoRaWAN-enabled utility submetering, leak detection, and thermostat hardware for multifamily residential, student, affordable, and senior living properties, integrating meters with cloud dashboards, RBC billing partners, and building management systems across the United States.
- Company typePrivate
- Founded2009
- HeadquartersBensalem, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What H2O Degree does
H2O Degree is a Bensalem, Pennsylvania-based provider of wireless utility submetering and leak detection systems, founded in 2007 and operating with 1-10 employees under President Don Millstein, the former 23-year president of E-Mon (later acquired by Honeywell). The company designs, manufactures, and integrates LoRaWAN and proprietary 2.4 GHz mesh networked hardware — including water meters (WM-2100, WM-2200, L54120+), electric meters (EM series), gas meters (GM series), BTU meters, the T-1000 wireless smart thermostat, and flood/leak sensors (LS series) — together with gateways (BMS1000, LIT1005) that bridge submetering data into Building Management Systems and third-party Read-Bill-Collect billing partners.
The company's technology stack is differentiated by long-battery-life (10+ year) LoRaWAN endpoints with AWWA C-708 accuracy compliance, NFC tap-and-go commissioning, and event-level data granularity (gallons, flushes, time duration) that supports running-toilet and continuous-flow leak detection. Quantified customer outcomes include 80%+ reduction in water/sewer expenses at NOVO Properties' Cheverly Crossing, water consumption at half the rate of non-submetered buildings at the LEED Platinum 360 State Street, and $24K-$70K annual savings at various multifamily sites. The BMS1000 gateway supports 11 protocols (BACnet, Modbus, LonWorks, M-Bus, KNX) and operates on-premises, addressing enterprise IT requirements.
H2O Degree generates revenue through hardware sales (project-specific unit pricing plus installation), recurring cloud-based data subscriptions for consumption analytics and leak alerting, and integration services connecting meters to RBC billing providers and BMS platforms. The company targets multifamily residential property owners, managers, and developers as its primary segment, with secondary expansion into affordable/LIHTC housing, student housing, senior living, military housing, hospitality, and higher education (e.g., Liberty University campus). Distribution relies on a national field sales representative network, RBC channel partnerships (PayLease, National Water & Power), and BMS system integrator contractors. The company is privately held with only one disclosed funding event — a $500,000 Ben Franklin Technology Partners investment in March 2015 — and has operated as a self-funded niche hardware specialist for over 15 years.
H2O Degree firmographics
Firmographics- Name
- H2O Degree
- Legal name
- H2O Degree
- Website
- https://h2odegree.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- H2O Degree designs and sells wireless LoRaWAN-enabled utility submetering, leak detection, and thermostat hardware for multifamily residential, student, affordable, and senior living properties, integrating meters with cloud dashboards, RBC billing partners, and building management systems across the United States.
- Ownership category
- akta.pro rank
H2O Degree industry classification
Industry- Product category
- Wireless Utility Submetering and Leak Detection Equipment
- NAICS
- Totalizing Fluid Meter and Counting Device Manufacturing (334514), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823)
- akta.pro primary industry
- Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing) (EUANAIAK)
- akta.pro secondary industries
- Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Commercial & Customer-Side Loss Management (Service Lines, Premise Leaks, Customer Programs) (EUANAKAI), Advanced Metering Infrastructure (AMI) & Smart Meter Analytics (Meter Data for NRW) (EUANAKAC), Commercial/Residential Building Water Management & Leak Analytics Services (HSAHAGAK), Digital Self-Service & Customer Portals (web/mobile, e-bill, notifications, consumption dashboards) (EUANAIAI)
Keywords
Where H2O Degree is headquartered
LocationHeadquarters
- HQ city
- Bensalem
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
H2O Degree business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Hardware Sales: H2O Degree generates revenue primarily through the sale of wireless utility submetering hardware including water meters, gas meters, electric meters, BTU meters, thermostats, leak sensors, gateways, and pulse counters. Hardware includes both battery-powered and line-powered devices with LoRaWAN or mesh wireless connectivity.
- Software/Cloud Services: Revenue is generated from cloud-based data platforms that provide utility consumption analysis, reporting, leak detection alerts, and tenant billing integration services. Data is accessible through password-protected web portals and dashboards.
- RBC Integration Services: Partnership with Read-Bill-Collect companies enables automated tenant billing solutions, creating value through integration with third-party billing platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | Pennsauken HOA Case Study - 50 units |
| Other | Multi-year contract | T-1000 Thermostat Energy Savings |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
H2O Degree product offering
Product offeringCore offering
H2O Degree designs, sells, and supports wireless utility submetering and leak detection systems for multi-family residential facilities. The product portfolio centers on LoRaWAN and 2.4 GHz mesh water, electric, gas, and BTU meters, leak/flood sensors, smart thermostats, and gateways that transmit consumption data to cloud dashboards for utility monitoring, leak alarming, and tenant billing via Read-Bill-Collect partners. The offering is sold as an end-to-end utility management solution targeted at property owners, managers, and developers of apartments, condos, student housing, senior living, military housing, and commercial properties.
Product overview
H2O Degree offers a comprehensive wireless utility submetering and management platform for multifamily, commercial, and industrial facilities. The product portfolio centers on LoRaWAN and proprietary mesh network-enabled meters for water, electric, gas, and BTU (thermal energy) measurement, complemented by leak detection sensors, smart thermostats, and gateways. Core products include the L54120+ and WM-series (WM-2100, WM-2200) wireless water meters with LoRaWAN connectivity; T-1000 wireless smart thermostat for HVAC control; BMS1000 and LIT1005 LoRaWAN gateways for network connectivity and BMS integration; and LS-series flood/leak sensors (LS5000, LS4000). The ecosystem includes electric meters (EM series), gas meters (GM series), BTU meters, and cellular modems. The platform provides end-to-end utility management from metering to cloud-based reporting, tenant billing integration via RBC partners, and building management system connectivity through the BMS1000 gateway.
Differentiator
Problem solved
Functional benefit
Products and services
- L54120+ Battery Powered LoRaWAN Enabled Water Meter Battery-powered wireless water meter with LoRaWAN connectivity for long-range, low-power data transmission. Captures granular water usage data including gallons, events (flushes), and time duration for multifamily point-of-use and point-of-entry metering.
- WM-2100 Hot or Cold Water Meter 3/4-inch single-jet wireless water submeter with 22 gpm flow rate, available in 5-inch and 7.5-inch lay lengths. Features utility-grade brass couplings, 10+ year battery life, NFC commissioning, and AWWA C-708 accuracy compliance for multifamily submetering.
- WM-2200 Hot or Cold Water Meter 1-inch and 1.5-inch multi-jet wireless water submeter with 44 gpm and 70 gpm flow rates for larger applications such as retail spaces or irrigation. Features plug-and-play LoRaWAN connectivity, NFC commissioning, and AWWA C-708 accuracy.
- WM-3000 Ultrasonic Water Meter Ultrasonic water meter that uses non-mechanical ultrasonic measurement for enhanced accuracy and longevity in advanced water metering deployments.
- T-1000 Wireless Smart Thermostat 24 VAC-compatible wireless thermostat for multi-unit residential and commercial buildings that communicates via a secure 2.4 GHz mesh network. Supports HVAC systems including electric baseboard, forced air, heat pumps, hydronic heating, and fan coils, with remote temperature control, scheduling, run-time monitoring, and anomaly reporting that delivers 10-20% energy cost savings with payback under one year.
- BMS1000 LoRaWAN Gateway with BMS Integration LoRaWAN gateway that integrates H2O Degree's wireless submetering network with building and energy management systems. Functions as a gateway, controller, and modem in a single device, supporting 11 communication protocols including BACnet, Modbus, LonWorks, M-Bus, and KNX, with on-premises data processing to reduce IT risks.
- LIT1005 LoRaWAN Enabled Line Powered Gateway Line-powered LoRaWAN gateway developed in partnership with MachineQ, providing improved signal penetration, receive sensitivity, and long-range coverage for multifamily environments including mid-rise, high-rise, and garden-style properties.
- LS5000 LoRaWAN Water Flood Rope Sensor LoRaWAN-enabled water detection sensor with a 10-foot rope that detects water presence along its full length, designed for placement around water heaters, washing machines, bathroom floors, and riser pipe configurations. Sends alerts via mobile app and can trigger automatic water shut-off valves.
- LS4000 Water Flood Sensor Wireless water flood sensor for detecting water presence in residential buildings as part of H2O Degree's leak and flood detection portfolio.
- EM-1000 Stand-Alone Electric KWH Meter Stand-alone electric KWH meter for submetering electricity usage in multifamily and commercial facilities, part of H2O Degree's electric metering product line.
- EM-6000 Multi-Circuit Electric Smart Meter Multi-circuit electric smart meter for comprehensive electricity monitoring, enabling granular insight into energy usage across multiple circuits or tenants.
- GM0500 Diaphragm Gas Meter Diaphragm gas meter for precise gas usage measurement in residential and commercial buildings, part of H2O Degree's gas metering product suite.
- M5413x/M5414x Line Powered BTU Meters Line-powered BTU meters for measuring thermal energy (heating and cooling) consumption, enabling accurate allocation of heating and cooling costs to individual tenants.
- L4000 LoRaWAN Display for Hot and Cold Water Applications LoRaWAN-enabled display device for viewing hot and cold water consumption data, providing in-unit visibility into water usage for tenant awareness and conservation.
- L54215/L54230 LoRaWAN Enabled Pulse Counter Battery-powered one- or two-channel LoRaWAN pulse counter that interfaces with pulse-output meters to remotely collect utility consumption data, enabling retrofit of existing pulse meters with wireless connectivity.
- IT2010/LIT2010 Cellular Modem Cellular modem providing backup or primary connectivity for H2O Degree's submetering systems where wired connectivity is unavailable or unreliable.
- M5411x Temperature/Humidity Sensor Temperature and humidity sensor for monitoring environmental conditions in residential units, communicating via H2O Degree's wireless network.
Quantifiable outcome
- Water savings of 10-20% reported after submetering installation
- +12 more outcomes
Companies that use H2O Degree
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles3 records
H2O Degree technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability6 records
Feature5 records
H2O Degree partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- MachineQcoreStrategic partnership to develop and deliver the LIT1005 next-generation LoRaWAN gateway. The gateway leverages MachineQ's latest LoRaWAN technology stack to deliver improved signal penetration, receive sensitivity, and long-range coverage specifically designed for multifamily environments including mid-rise, high-rise, and garden-style properties. This continues an existing partnership as demand for connected water, gas, and energy endpoints in multi-tenant buildings continues to grow.
- PayLeasecoreThird-party Read-Bill-Collect (RBC) billing company based in San Diego, CA providing automated tenant billing services. PayLease integrates seamlessly with H2O Degree's submetering data flow, delivering timely and reliable bills to tenants. PayLease's Submeter Specialist noted that accurate data flow from H2O Degree enables consistent billing.
- National Water & PowercoreThird-party RBC billing company based in California providing tenant billing services for H2O Degree submetering installations. Used for 777 Main project in Hartford, CT.
- Bozzuto Management CompanyminorProperty management company managing 360 State Street property. Received daily H2O Degree leak reports and water consumption data for maintenance operations and tenant management.
- Liberty UniversityminorOperations Director considering H2O Degree submetering solutions for campus-wide utility management across 175 buildings and 7 million square feet. Terrell evaluating submetering options as part of facilities management automation initiative.
- B-G MechanicalminorMechanical contractor in Manchester, CT that installed submetering system at 360 State Street. H2O Degree provided project supervision and commissioning.
- RBC – Tenant Billing PartnerscoreNetwork of Read-Bill-Collect partners enabling automated tenant billing of utility usage. H2O Degree integrates with leading RBC companies to streamline administrative processes and ensure accurate billing.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
H2O Degree competitors and assessment
Company assessmentEmerging players
- Relayr / BuildingLogiX: Smart-building systems integrators with IoT bridge offerings for LoRaWAN/bacnet integration in multifamily and commercial buildings. Comparable to H2O Degree's BMS1000 gateway approach of connecting wireless submeter endpoints to building management systems.
Regional players
- Aqua-Metric / MeterTec: North American submetering and AMI-as-a-service provider for water utilities and multifamily operators. Direct competitor to H2O Degree in wireless submetering installations and tenant billing integration.
Broad incumbents
- Landis+Gyr: Global smart-metering and grid-management incumbent with electric, gas, and water exposure. While its primary focus is utility-scale AMI, it overlaps with H2O Degree in multi-utility smart endpoints and analytics.
- Badger Meter: Long-standing manufacturer of water and flow meters serving utilities, multifamily, and industrial customers. Competes with H2O Degree on water submetering hardware and increasingly on smart/connected endpoints.
- Itron: Global AMI/AMR meter and analytics incumbent serving water, gas, and electric utilities. Overlaps with H2O Degree on water metering and smart-meter analytics but operates at much larger scale and sells primarily to utilities rather than directly to multifamily owner/operators.
- Aclara (Hubbell): AMI and submetering solutions provider for water and gas utilities, owned by Hubbell. Direct overlap with H2O Degree in multifamily water submetering and leak detection analytics.
- Diehl Metering: European-based manufacturer of water, heat, and gas meters with smart-reading technology. Competes with H2O Degree in multi-utility submetering and wireless communication (LoRaWAN) for multi-tenant properties.
Direct peers
- Neptune Technology Group: Major North American water-meter and AMI provider for municipal and multifamily markets. Directly competes with H2O Degree's wireless water submetering line, particularly in C-708 compliant meters and RF/LoRa communication.
- Submeter Solutions (Conservice): Submetering and utility-billing specialist for multifamily, student, and commercial real estate. Closely comparable to H2O Degree in end-customer profile and RBC-integrated billing workflows.
- Kamstrup: Danish manufacturer of smart water, heat, and electricity meters with wireless/IoT communication. Comparable to H2O Degree on LoRaWAN-enabled water submetering and BTU metering for multi-tenant buildings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
H2O Degree social profiles
Digital presenceH2O Degree compliance and trust
Trust signalCompliance6 records
H2O Degree financial estimates
Financial estimateRevenue estimate
Valuation estimate
H2O Degree leadership team
Management profileNumber of profiles
Profiles3 records
H2O Degree funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
H2O Degree M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about H2O Degree
What does H2O Degree do?
H2O Degree designs, sells, and supports wireless utility submetering and leak detection systems for multi-family residential facilities. The product portfolio centers on LoRaWAN and 2.4 GHz mesh water, electric, gas, and BTU meters, leak/flood sensors, smart thermostats, and gateways that transmit consumption data to cloud dashboards for utility monitoring, leak alarming, and tenant billing via Read-Bill-Collect partners. The offering is sold as an end-to-end utility management solution targeted at property owners, managers, and developers of apartments, condos, student housing, senior living, military housing, and commercial properties.
Is H2O Degree a public or private company?
H2O Degree is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was H2O Degree founded?
H2O Degree was founded in 2009. It employs 1 to 10 people.
Where is H2O Degree based?
H2O Degree is headquartered in Bensalem, United States, in the North America region.
How does H2O Degree make money?
Three revenue lines are on record. Hardware Sales are the primary driver. The others are software/Cloud Services and RBC Integration Services.
Who are H2O Degree's main competitors?
Relayr / BuildingLogiX is listed as an emerging player. Aqua-Metric / MeterTec is listed as a regional player. Broad incumbents are Landis+Gyr, Badger Meter, Itron, Aclara (Hubbell) and Diehl Metering. Direct peers are Neptune Technology Group, Submeter Solutions (Conservice) and Kamstrup.
Does H2O Degree have an API?
No public API is recorded for H2O Degree.
What industry is H2O Degree in?
H2O Degree's product category is Wireless Utility Submetering and Leak Detection Equipment. Its primary akta.pro industry code is EUANAIAK, Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing), with a secondary code of EUANAIAA, Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance). Its NAICS code is 334514 and its SIC code is 3824.