Closed Loop Partners’ Post

Today, we are proud to announce that Closed Loop Partners' Ventures Group led a $4M seed funding round for LAIIER, an innovative liquid leak detection solution provider for commercial and industrial buildings. The company helps solve the $19B+ annual problem of damage and downtime caused by liquid leaks in commercial buildings and industrial equipment. “In an escalating climate crisis marked by increasing water scarcity and frequency of extreme weather events––from fires to flooding––solutions like LAIIER’s drive awareness and action around our relationship with water and industrial lubricants, and represent a crucial step toward less damage and a better experience with insurers when damages occur,” said Aly Bryan, Investor on Closed Loop Partners’ Ventures Group team. “LAIIER’s technology not only minimizes the risk of significant financial losses for asset owners, it can also prevent minor leaks from developing into major events, potentially conserving millions of gallons annually.” Other investors in the funding round include Burnt Island Ventures, Mundi Ventures, Bonaventure Capital, Carlisle Ventures, One Small Planet and Virta Ventures. Read more here: https://hubs.ly/Q034hCQ_0 #circulareconomy #investment #innovation #venturecapital #insurance #climate #leak #water #realestate #builtenvironment #infrastructure

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We're thrilled to be part of the Closed Loop portfolio!

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Matt Johnson

CEO & Co-Founder at LAIIER | Scaling Intelligent IoT Solutions for Commercial Real Estate & Industrial Facilities | Innovator in Leak Detection Technology & Sustainability

2mo

Thank you Aly Bryan for the support! Looking forward to working with you and the Closed Loop Partners team!

Brenda Schmidt

I help companies grow profitably, and establish sustainable processes that deliver a consistent experience to delight customers.

2mo

Great to see innovative solutions that serve to support both business and climate change being funded and growing. Keep making a difference!

Richard Curtin

Technology Solutions | Strategic Alliances | Product & Supplier Strategy | AI Transformation | Co-Founder | P&L Leader | Global Citizen | Inspiring the next Generation

2mo

Fantastic news! Well done team LAIIER 🎉

Sander Arts

Venture Advisor | CMO | Board Member | Author | Investor

2mo

Congrats!

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