AkiSens

What AkiSens does

AkiSens is a Canadian IoT company, founded in 2018 and operating as Groupe AkiSens, that sells end-to-end water leak detection and risk management systems for residential, condominium, commercial, and new-construction buildings. The product line is built around a LoRaWAN wireless architecture, comprising smart controllers, NSF61-certified motorized shutoff valves, battery-powered water/humidity/freeze sensors, motion detectors, flow meters, gateways with cellular backup, and battery backup units, all manufactured in Canada with ETL, FCC, IC, and NSF certifications. These components feed AkiCentral, a cloud-based monitoring and reporting platform accessible via web and mobile, complemented by a 24/7 technical support service called AkiSupport.

The company makes money through three streams: sale of proprietary hardware, a recurring monthly subscription for AkiCentral platform access and remote support, and professional installation services delivered through the certified AkiPro partner network. Pricing is quote-based and not publicly disclosed, with free consultations used as the primary lead capture mechanism. AkiSens has assembled a distinctive go-to-market built around formal partnerships with five major Canadian insurance carriers (Intact, Aviva, Chubb, Desjardins, Beneva) that recommend the system to policyholders and offer up to 10% premium discounts upon installation, alongside partnerships with Quebec real estate associations RGCQ, APCH, CCI, and Prevcan.

The customer base is concentrated primarily in the Canadian condominium and multi-unit residential market, where water damage accounts for approximately 95% of condo association insurance claims and over $500 million in annual payouts in Quebec alone. AkiSens is expanding its reach into commercial buildings, single-family residential, and builder/new-construction segments, and has begun signaling interest in US and Spanish-speaking prospects through multilingual website content. No revenue, headcount, funding rounds, or acquisitions are disclosed in the available sources.

Name

AkiSens

Legal name

Groupe AkiSens

Website

https://akitronic.com

Company type

Private

Founded year

2018

Operating status

Operating

Short description

AkiSens is a Canadian IoT company that sells LoRaWAN-based water leak detection systems and the AkiCentral monitoring platform to condominium associations, property managers, commercial building operators, and homeowners, distributed via certified installers and major insurer referral partnerships.

Ownership category

akta.pro rank

Product category

IoT Water Leak Detection Systems

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

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

akta.pro primary industry

Water Leak Detection & Smart Shutoff Valve Systems (HSAHAGAA)

akta.pro secondary industries

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

Keywords

• IoT water leak detection
• Smart building monitoring
• Water damage prevention
• Risk management solutions
• Condo property protection

Headquarters

HQ city

Not specified

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Monthly Subscription (AkiCentral Platform Access): Customers pay a recurring monthly fee for access to the AkiCentral platform and personalized remote support services. This subscription provides continuous monitoring, alerts, reporting, and technical assistance.
2. Hardware Sales: Sale of proprietary IoT components including smart controllers, motorized valves, sensors, motion detectors, flow meters, gateways, and backup batteries. Hardware is manufactured in Canada with premium certifications.
3. Professional Installation Services: Certified AkiPro partners generate revenue through system installation and after-sale service. Partners receive training, technical documentation, and ongoing support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

AkiSens designs, manufactures, and distributes IoT-based water leak detection and automatic shutoff systems for residential, condominium, and commercial buildings. The product ecosystem combines proprietary LoRaWAN-connected hardware (smart controllers, motorized valves, sensors, motion detectors, flow meters, gateways) with the AkiCentral cloud monitoring platform and 24/7 AkiSupport service. Customers purchase hardware directly or through certified AkiPro installers and subscribe monthly to the AkiCentral platform for continuous monitoring, alerts, and reporting.

Product overview

AkiSens offers a unified IoT-based water leak detection and risk management ecosystem. The core offering consists of the AkiCentral intelligent monitoring platform paired with hardware components including smart controllers, motorized valves, wireless sensors, motion detectors, flowmeters, gateways, and backup batteries. The system connects via LoRaWAN wireless protocol and automatically shuts off water supply upon leak or abnormal flow detection. AkiSupport provides 24/7 customer service. Products are designed, developed, and manufactured in Canada with certified components (ETL, FCC, IC, NSF). Target segments include condominium buildings, residential properties, commercial buildings, and new construction.

Differentiator

Problem solved

Functional benefit

Brands

• AkiCentral: Smart risk management platform for water leak detection and building monitoring
• AkiSupport
• AkiPro

Products and services

• Smart Water Leak Management System (Système intelligent de gestion des fuites d'eau) Complete IoT-based water leak detection and prevention system for residential, commercial, and condominium buildings. Includes sensors, motorized valves, controllers, gateways, and flow meters that connect to the AkiCentral platform for 24/7 monitoring and automated water shutoff, communicating via LoRaWAN wireless protocol.
• AkiCentral Smart Platform (AkiCentral Plateforme intelligente) Intelligent cloud-based risk management platform providing centralized monitoring of building water detection systems, with a dashboard for real-time alerts, water consumption reporting, and system performance surveillance. Accessible via web and mobile, with detailed reports and customized views for property owners, co-owners, managers, syndicates, and certified partners.
• AkiSupport 24/7 technical customer support service providing personalized assistance to users and certified partners, including product training, AkiCentral platform demonstrations, and support for property owners, co-owners, managers, syndicates, and certified partners.

Quantifiable outcome

• Insurance premium reduction of 10%
• +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

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Intact AssurancecoreGTM or Marketing PartnerMajor Canadian insurance company that has partnered with AkiSens to recommend water leak detection systems to their policyholders. Insurers recognize AkiSens as a risk mitigation solution that can qualify customers for premium discounts.
• AvivacoreGTM or Marketing PartnerInternational insurance provider with Canadian operations that has established partnership with AkiSens for recommending water damage prevention solutions to policyholders.
• ChubbcoreGTM or Marketing PartnerGlobal insurance specialist that partners with AkiSens to provide water leak detection solutions as part of their risk management offerings for property owners.
• DesjardinscoreGTM or Marketing PartnerMajor Quebec-based financial cooperative and insurance provider that recommends AkiSens systems to their property insurance customers.
• BenevacoreGTM or Marketing PartnerCanadian insurance company formed from merger of two Quebec insurers, partnering with AkiSens for water damage prevention recommendations.
• RGCQ (Regroupement des gestionnaires et copropriétaires du Québec)coreGTM or Marketing PartnerLeading Quebec association for condo managers and co-owners that supports AkiSens solutions for risk management in condominiums. RGCQ president André Delage advocates for prevention technologies.
• Bell CanadaminorStrategic or Co-development PartnerPremium partner relationship with major Canadian telecommunications company, though specific partnership details are limited in available sources.
• APCH (Association des proprietaires du Grand Montreal)minorGTM or Marketing PartnerAssociation of property owners in Greater Montreal area that recognizes and recommends AkiSens solutions to its members.
• PrevcanminorGTM or Marketing PartnerQuebec prevention association that supports AkiSens solutions for water damage prevention and risk management.
• CCI (Corporation des propriétaires immobliers du Québec)minorGTM or Marketing PartnerQuebec building owners corporation that includes AkiSens in their recommended solutions for property protection.
• AkiPro Certified PartnerscoreChannel Partner/ Reseller/ DistributorNetwork of certified installers including plumbers, electricians, and building management companies. Partners receive competitive margins, installation revenue, recurring platform revenue, technical support, training, and marketing support. They generate revenue from installations, after-sale service, and system inspections.
• Zurich CanadaminorGTM or Marketing PartnerZurich Canada is cited as a source of market data confirming water damage as the leading cause of property insurance claims for commercial buildings. Their research supports AkiSens market positioning.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Flo Technologies (Flo by Moen): Flo by Moen offers a smart water leak detection and automatic shutoff system for residential properties, with whole-home monitoring and mobile alerts — the closest direct functional competitor to AkiSens in IoT water management.
• Phyn: Phyn provides smart water monitoring with auto shutoff, leak detection, and per-fixture analytics under the Uponor umbrella — directly comparable in product offering and target market to AkiSens.
• LeakSmart: LeakSmart sells connected water leak detectors and automatic shutoff valves integrated with smart-home hubs, competing directly with AkiSens in residential and multifamily water protection.
• Eddy Home Solutions: Eddy Home offers Canadian-made smart water shutoff and leak detection devices for residential and multifamily properties, directly competing with AkiSens in the Canadian condo and residential market.

Broad incumbents

• Resideo (Honeywell Home): Resideo offers a broad portfolio of water leak and freeze detectors as part of its Honeywell Home smart-water lineup, overlapping with AkiSens but distributed through a much wider home-comfort platform.
• SimpliSafe: SimpliSafe is a broad home security provider whose water and freeze sensor product competes with AkiSens in residential leak detection, though without an automatic shutoff valve or building-level platform.
• Uponor (Phyn parent / plumbing): Uponor is a global plumbing and building solutions company that owns Phyn; its scale and channel reach in residential and commercial plumbing position it as a broad incumbent competitor in connected water.

Emerging players

• Wint (Smart Water Management): Wint provides AI-driven water management and leak detection for commercial and multi-tenant buildings, competing with AkiSens in the commercial/condo segment with a software-led, analytics-heavy approach.
• Aquanta: Aquanta offers a smart water heater controller with leak and usage monitoring, overlapping with AkiSens' flow and leak analytics but with a narrower water-heater-centric product focus.
• Droplet (Smart Water Solutions): Droplet offers smart water monitoring devices that detect leaks and abnormal usage in residential settings, representing a comparable niche IoT water management product to AkiSens' residential offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

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

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