What Float IoT does

Float IoT is a Netherlands-based technology company headquartered in Rotterdam that builds WaterOS, an IoT platform purpose-built for water utilities. The platform connects to water infrastructure via SCADA, MQTT, and REST APIs, ingesting and tagging live data streams for real-time monitoring, leak detection and localization, pressure anomaly detection, water balance analysis, and distribution optimization. Its architecture centers on a core platform with an extensible App Store offering sandbox-isolated tools for Leakage Detection, Digital Twins, and Water Balance, plus a WaterOS SDK for custom application development. The company serves municipal and private water utilities primarily across Europe, positioning its solution to reduce non-revenue water losses, cut energy consumption in water distribution, and enable real-time consumption-based billing. Float IoT operates as part of the Esyasoft Holding ecosystem, a sustainability-focused technology group.

The company generates revenue through a SaaS subscription model for the WaterOS platform, likely combining platform licensing with usage-based components tied to data ingestion and analytics volume. No public pricing tiers or specific contract structures are disclosed. Go-to-market is direct enterprise field sales targeting water utility decision-makers, supplemented by partnerships with engineering consultancies (Royal Haskoning), instrumentation providers (Krohne), water utility operations platforms (Qatium), and water management solutions providers (Hulo), which serve as both co-marketing channels and integration points. The company is privately held with no disclosed funding history, headcount, or revenue figures, and operates with a relatively narrow but domain-specialized product and customer footprint.

Name

Float IoT

Legal name

Float IoT

Website

https://float-iot.nl

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Float IoT builds WaterOS, an IoT platform for water utilities that connects to SCADA, MQTT, and REST APIs for real-time monitoring, leak detection, and network optimization, serving European water utilities via a SaaS subscription model within the Esyasoft ecosystem.

Ownership category

akta.pro rank

Product category

Water Utility Management Software

NAICS

Water Supply and Irrigation Systems (22131), Water Supply and Irrigation Systems (221310), Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

Water Supply (4941), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Water & Wastewater Utility IoT (SCADA, Leak/Quality Monitoring) (EUADAPAK)

akta.pro secondary industries

Network Monitoring & Smart Water Sensors (Pressure/Flow/Noise Loggers, IoT) (EUANAKAB), Customer Metering, Billing & Retail Water Services (EUANAAAH), Digital Self-Service & Customer Portals (web/mobile, e-bill, notifications, consumption dashboards) (EUANAIAI)

Keywords

• Water utility IoT
• Smart water management
• Leak detection software
• Water network monitoring
• IoT platform SaaS

Headquarters

HQ city

Rotterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. WaterOS Platform Subscription: SaaS platform subscription model for water utilities, providing access to the WaterOS platform, real-time monitoring, leak detection, and the App Store ecosystem. Revenue likely derived from platform licensing with usage-based components for data ingestion and analytics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Float IoT develops and sells WaterOS, a SaaS IoT platform purpose-built for water utilities that ingests live data from SCADA, MQTT, and REST APIs to deliver real-time monitoring, AI-based leak detection and localization, digital twin simulation, water balance analysis, and an extensible App Store ecosystem (Leakage Detection, Digital Twins, Water Balance) with a WaterOS SDK for custom app development.

Product overview

Float IoT offers a unified platform-plus-modules architecture centered on WaterOS, an IoT platform designed for water utilities. WaterOS serves as the core platform providing intelligent monitoring and real-time leak detection infrastructure, while Gatekeeper delivers domain-specific data management capabilities. The platform is extended through a built-in App Store ecosystem offering specialized tools including Leakage Detection, Digital Twins, and Water Balance applications, all sandbox-isolated for security. The WaterOS SDK enables developers to build custom applications, further extending the platform's functionality. Key features include Live Network Pulse for real-time asset monitoring and the Streamlined Data Hub for ingesting data from SCADA, MQTT, and REST APIs.

Differentiator

Problem solved

Functional benefit

Brands

• WaterOS: Intelligent monitoring and real-time leak detection platform for water utilities, featuring Live Network Pulse, Streamlined Data Hub, and an App Ecosystem with tools for Leakage Detection, Digital Twins, and Water Balance.

Products and services

• WaterOS WaterOS is a SaaS IoT platform purpose-built for water utilities that provides intelligent monitoring, real-time leak detection, AI-driven anomaly detection, digital twin modeling, water balance analysis, and a built-in App Store ecosystem. It is designed for municipal and private water utilities seeking to modernize infrastructure, reduce non-revenue water, and improve operational efficiency.
• WaterOS SDK WaterOS SDK is a Software Development Kit that enables developers to build custom applications for the WaterOS platform, extending the platform's capabilities beyond the built-in Leakage Detection, Digital Twins, and Water Balance tools.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Royal HaskoningcoreStrategic or Co-development PartnerEngineering and water management consultancy providing strategic credibility and domain expertise in water infrastructure projects. Collaboration appears focused on joint solution delivery for water utility modernization initiatives.
• KrohnecoreTechnology or IntegrationFlow measurement and instrumentation solutions provider. Partnership enables integration with Krohne flow measurement devices in water networks, enhancing data collection capabilities within the WaterOS platform.
• Aguas NacionalescoreStrategic or Co-development PartnerWater utility partner collaborating on water digitization projects. Represents a strategic customer-partner relationship in water utility operations.
• QatiumcoreTechnology or IntegrationWater utility operations platform partner. Collaboration likely involves integration or co-marketing to provide comprehensive water utility management solutions.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Trimble Water: Utility network modeling and field operations solutions for water/wastewater. Comparable in GIS, network analytics, and digital twin functionality for water utilities.
• Kamstrup: Danish smart-meter and water-utility analytics vendor with strong European presence. Comparable on metering data, consumption analytics, and leak detection offerings.
• Aclara (Hubbell): Smart water infrastructure (meters, AMI, network monitoring) supplier to North American and global utilities. Comparable in targeting water utilities with integrated metering and analytics solutions.
• Badger Meter: Manufacturer of flow measurement and smart water metering solutions, increasingly offering software analytics for utilities. Overlaps with Float IoT on metering-driven network insights.
• Suez (Water Technologies & Solutions): Global water utility operator and technology provider offering metering, smart network management, and digital services. Overlaps with Float IoT via digital water utility offering to European municipal clients.
• Xylem (Sensus): Global water technology major with the Sensus smart-water portfolio: AMI, SCADA, network analytics, and leak detection. Competes with Float IoT at the Tier-1 utility level with deep hardware/software bundles.
• Itron: Smart metering and water utility analytics vendor with a global installed base. Overlaps with Float IoT on metering data ingestion, network monitoring, and non-revenue water analytics for utilities.
• Bentley Systems (iTwin): Infrastructure engineering software provider with water/wastewater digital twin and network modeling via OpenFlows and iTwin. Competes with Float IoT's Digital Twins app at the operations/engineering layer.

Direct peers

• Qatium: Cloud-based water utility operations platform offering network monitoring, digital twin, and water balance tools. Most direct overlap with Float IoT — both serve European water utilities with SCADA-connected, app-style platforms.
• Hulo: AI-driven water management platform for utilities, focused on leak detection and network monitoring. Listed as a Float IoT partner but operates in the same niche with directly overlapping AI capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/float-iot

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 Float IoT