Akisens

What Akisens does

AkiSens Group is a Canadian IoT company that provides water-leak detection and risk-management systems for buildings, with its primary market in Quebec condominiums and secondary markets in residential, commercial, and new-construction properties. Founded circa 2018 and headquartered in Terrebonne, Quebec, the company has 11-50 employees and claims operational reach across Canada and the United States. Its solution targets a market in which water damage drives over $500 million in annual insurance payouts in Quebec alone and where condo insurance premiums have risen 10-70% due to water claims.

The product stack combines proprietary IoT hardware with a cloud-based software platform. Hardware includes an Intelligent Controller that manages up to 28-30 sensors, an NSF/ANSI 61-certified motorized stainless-steel valve that closes in 3-5 seconds, a water flow meter with abnormal-flow detection, brass-plated smart sensors with a 10-year average battery life, a 360-degree motion detector for 24-hour absence detection, a LoRaWAN gateway supporting Ethernet and cellular connectivity, and a backup battery. Devices communicate wirelessly via the LoRaWAN radio protocol (eliminating Wi-Fi dependency) and feed data to AkiCentral, a cloud dashboard that delivers real-time SMS, email, and phone alerts, generates incident and consumption reports, and supports multi-building monitoring. The hardware carries ETL, FCC, IC, and NSF/ANSI 61 certifications and is designed and tested in Canada.

AkiSens monetizes through three streams: one-time IoT hardware sales, recurring monthly subscriptions for the AkiCentral platform, and professional installation and after-sales services delivered through the AkiPro certified partner network. Distribution is sales-led and begins with a free consultation (web form or toll-free phone), supplemented by three indirect channels: insurance broker partnerships with at least eight major Canadian insurers (Intact, Chubb, Aviva, Desjardins, Beneva, La Personnelle, Promutuel, NBI), a Bell telecommunications premium partnership, and the AkiPro certified reseller/installer program. Customers installing the system reportedly receive insurance premium discounts of approximately 10%, creating an indirect value transfer that drives demand and anchors the company's positioning in the condo and property insurance ecosystem.

Name

Akisens

Legal name

AkiSens Group

Website

https://akisens.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

AkiSens Group is a Canadian IoT company that sells LoRaWAN-based water-leak detection hardware and the AkiCentral cloud monitoring platform to condominium associations, property managers, residential homeowners, commercial operators, and builders across Canada and the United States.

Ownership category

akta.pro rank

Product category

IoT Water Leak Detection Systems

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Water Leak Detection & Smart Shutoff Valve Systems (HSAHAGAA)

akta.pro secondary industries

Water Management, Leak Detection & Smart Plumbing (HSAPAPAL), Environmental Monitoring (Water Leak/Freeze/Gas) Services (HSAHAAAK), Home Safety & Water Management (Smoke/CO, Leak Detection, Shutoff Valves) (HSAPAQAH)

Keywords

• Water leak detection
• IoT risk management
• Smart building monitoring
• Water damage prevention
• Property risk management

Headquarters

HQ city

Terrebonne

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. IoT Hardware (Sensors, Controllers, Valves, Gateways): One-time sale of proprietary IoT hardware components including intelligent controllers, motorized valves, smart sensors, flow meters, motion detectors, gateways, and backup batteries. Hardware is sold alongside a recurring subscription for platform access and monitoring services.
2. AkiCentral Platform Subscription: Monthly recurring fee that provides access to the AkiCentral platform, enabling real-time monitoring, alerts, reporting, and remote personalized service. Customers are charged a recurring monthly fee for ongoing platform access and support.
3. Certified Installation and After-Sales Service: AkiPro certified partners perform installations and provide after-sales service, generating installation revenue and recurring service inspection contracts. Partners receive a recurring amount per system sold through the AkiCentral platform.
4. Insurance Premium Discounts: Customers receive insurance premium discounts (e.g., 10% discount reported by customers) from partner insurers upon installation of the AkiSens system, creating an indirect value transfer and demand driver.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Akisens designs, manufactures, and sells an IoT-based water leak detection and risk management system composed of hardware components (intelligent controllers, motorized valves, smart sensors, water flow meters, motion detectors, gateways, backup batteries) communicating via LoRaWAN, managed through the AkiCentral cloud platform for real-time monitoring, alerting, and automated valve closure, with 24/7 technical support via AkiSupport. The system is sold primarily to condominium associations, property managers, commercial building owners, developers, and residential homeowners in Canada to prevent costly water damage.

Product overview

AkiSens offers a modular IoT-based water leak detection and risk management system composed of a set of hardware components — including an Intelligent Controller, a Motorized Valve, a Water Flow Meter, various Intelligent Sensors (with panel, cable, or standard probes), a Motion Detector, a Gateway, and a Backup Battery — all connected via LoRaWAN radio protocol and managed through the AkiCentral cloud platform. The system automatically detects water leaks, abnormal flow, freezing conditions, and prolonged absence, triggering automatic valve closure and sending real-time notifications. AkiSupport provides 24/7 customer assistance. The portfolio is sold primarily to condominium associations, property managers, commercial building owners, and residential homeowners in Canada.

Differentiator

Problem solved

Functional benefit

Brands

• AkiCentral: Smart risk management platform for monitoring water detection systems, managing building portfolios, and providing real-time alerts for property managers and owners.
• AkiSupport
• AkiPro

Products and services

• Smart Water Leak Management System An end-to-end IoT system that combines LoRaWAN-connected smart sensors, intelligent controllers, NSF-61 certified motorized valves, and a water flow meter to detect leaks, abnormal flow, freezing conditions, and 24-hour absence, automatically shutting off water supply. Designed for condominium associations, property managers, commercial building owners, developers, and residential homeowners in Canada.
• AkiCentral Smart Platform An AI-powered cloud-based dashboard providing real-time monitoring of all installed AkiSens devices across one or multiple buildings. Delivers SMS, email, and telephone alerts for water risks, abnormal flow, absence, and low-battery events, generates water consumption and incident reports, and enables building owners, managers, and certified partners to remotely control valves and view network status. Sold on a recurring monthly subscription.
• AkiSupport Round-the-clock technical support service available 24/7 to AkiSens users and certified partners, including product training, AkiCentral platform demonstrations, and personalized after-installation service.

Quantifiable outcome

• 10% insurance premium discount for customers with Akisens installed
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature8 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Intact AssurancecoreGTM or Marketing PartnerIntact Assurance is a major Canadian property and casualty insurer and one of Akisens' key insurance partners. The partnership involves Intact recommending or endorsing the Akisens water damage prevention system to its policyholders, enabling insured customers to access installation certificates for insurance premium discounts.
• ChubbcoreGTM or Marketing PartnerChubb is a global insurance company operating in Canada. As a partner insurer, Chubb works with Akisens to provide water damage prevention solutions for policyholders, offering insurance premium incentives for customers who install the Akisens system.
• AvivacoreGTM or Marketing PartnerAviva is a major international insurer active in Canada. The partnership enables Aviva policyholders to install Akisens systems and receive insurance premium discounts, while Akisens benefits from Aviva's customer referral network.
• DesjardinscoreGTM or Marketing PartnerDesjardins Group is the largest federation of credit unions in Canada. As a partner insurer, Desjardins integrates Akisens water damage prevention into its condo and property insurance offerings, providing premium discounts for Akisens-protected properties.
• BenevacoreGTM or Marketing PartnerBeneva is a Canadian insurance company formed from the merger of two Quebec insurers. As a partner, Beneva offers premium discounts to customers who install Akisens water leak detection systems, supporting risk reduction across its condo and residential portfolio.
• La PersonnellecoreGTM or Marketing PartnerLa Personnelle is a Canadian insurance company specializing in personal insurance products. The partnership allows La Personnelle to recommend Akisens to its policyholders as a water damage mitigation solution, with associated premium benefits.
• PromutuelcoreGTM or Marketing PartnerPromutuel is a mutual insurance company in Quebec. As a partner, Promutuel integrates Akisens into its risk management recommendations for policyholders, leveraging the system to reduce claims and provide premium incentives.
• NBI (Northbridge Insurance)coreGTM or Marketing PartnerNorthbridge Insurance (NBI) is a Canadian commercial and personal insurance provider. The partnership enables NBI to recommend Akisens systems to its policyholders, reducing water damage risk and associated claims.
• RGCQ (Regroupement des gestionnaires et copropriétaires du Québec)coreStrategic or Co-development PartnerRGCQ is the Quebec Association of Condominium Managers and Owners. Akisens is recognized by RGCQ as a trusted water damage prevention solution for condo buildings. The association's president, André Delage, has publicly advocated for water damage prevention technologies in condos, supporting Akisens' credibility in the condo management community.
• APCHA (Association des professionnels de la construction et de l'habitation)coreStrategic or Co-development PartnerAPCHA is a professional construction and housing association in Quebec. As a trusted association partner, APCHA provides credibility and endorsement for Akisens within the Quebec real estate and construction professional community.
• PrevCanminorStrategic or Co-development PartnerPrevCan is a Quebec-based association related to loss prevention and risk management. Partnership provides Akisens with industry credibility in the Canadian risk prevention ecosystem.
• PrevDeqminorStrategic or Co-development PartnerPrevDeq is a Quebec loss prevention association. The partnership signals Akisens' presence in the specialized risk management and prevention community in Quebec.
• CCI (Chambre de commerce et d'industrie)minorStrategic or Co-development PartnerChambre de commerce et d'industrie (CCI) is a Chamber of Commerce and Industry organization. The partnership connects Akisens with the broader business community and commercial property sector in Quebec.
• BellminorStrategic or Co-development PartnerBell is a major Canadian telecommunications company and premium partner of Akisens. The nature of the partnership is not detailed in the source material, but it involves mutual collaboration as a premium-level partner in Akisens' ecosystem.
• AkiPro Certified PartnerscoreChannel Partner/ Reseller/ DistributorAkiPro is Akisens' certified partner program for installers, resellers, and service providers in the water damage prevention space. Partners benefit from competitive product margins, installation and recurring revenue, lead sharing, technical support 24/7, ongoing training, and marketing support. The program targets professionals seeking to develop water damage risk management expertise as a differentiator in the property management and construction industries.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Flo by Moen: Flo by Moen (a Fortune Brands brand) sells smart water monitoring and automatic shutoff valves for residential and light-commercial use. It is the most direct head-to-head competitor to Akisens' intelligent controller, motorized valve, and flow-meter stack, and competes for the same insurance-discount positioning in North America.
• Phyn: Phyn (owned by Uponor) offers AI-driven water leak detection and automatic shutoff for residential and small commercial properties. It directly competes on the same use cases Akisens addresses — leak detection, flow analytics, and automatic valve shutoff — and pursues insurance partnerships similar to Akisens'.
• LeakSmart: LeakSmart (a Reliance Worldwide Corporation brand) provides wireless water leak detectors and automatic shutoff valves with a hub-based platform. It competes with Akisens in the multi-unit and residential smart water category and sells through plumbing wholesalers and home improvement channels.
• WallyHome (by Sensata): WallyHome (now under Sensata Technologies) sells wireless water, temperature, and humidity sensors plus a shutoff valve solution for residential properties. It competes directly with Akisens' intelligent sensor and motorized valve combination in the homeowner segment.

Broad incumbents

• Resideo (Honeywell Home): Resideo, the Honeywell Home spin-out, sells a broad portfolio of smart water leak detectors, shutoff valves, and connected thermostats through retail and professional channels. It is a broader incumbent that overlaps with Akisens in residential water-leak detection but does not specialize in multi-unit condo risk management.
• D-Link: D-Link offers Wi-Fi-based smart water leak sensors as part of its mydlink smart-home ecosystem. While not a shutoff-valve specialist, it competes in the consumer leak-detection layer that Akisens also serves in residential installations.
• ADT: ADT, through ADT Commercial and its broader security portfolio, bundles monitored water leak detection into its home security offerings. It overlaps with Akisens' environmental monitoring subscription angle and competes for the same insurance-incentivized homeowner segment.

Emerging players

• Sentinel Hydrosolutions: Sentinel Hydrosolutions provides AI-based water management and leak detection for multi-family housing. It targets a similar condo/apartment vertical as Akisens with a software-led approach, making it a focused emerging competitor in the multi-unit water risk segment.
• StreamLabs: StreamLabs provides ultrasonic, non-invasive smart water monitors with leak detection and consumption analytics. It overlaps with Akisens' flow-meter/AkiCentral analytics proposition and is gaining traction among insurers and utilities for residential deployments.
• Rachio: Rachio is a smart irrigation controller company with growing water-management analytics capability. While focused on outdoor irrigation rather than leak shutoff, it shares the consumer IoT water-management category with Akisens and pursues utility and insurance partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC10tcjAY015OI8p6nR4g4dQ?app=desktop
• LinkedInlinkedin.com/company/akisens
• Facebookfacebook.com/108740000834273

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Akisens