Jump to:

Watergate AI hero image

Watergate AI

Follow

Smart tech to stop leaks, cut water use, and change habits - saving homes, buildings, and the planet.

107%
 - 
Funded 31 Jul 2025
£600,004 target
£777,856 from 407 investors
More
Less

Business overview

Location Harrow, United Kingdom
Social media
Website watergate.ai/
Sectors Property Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 15320638
Incorporation date 30 Nov 2023
More
Less

Investment summary

Type Equity
Valuation (pre-money) £10M
Equity offered 6.06%
UK tax relief

EIS

More
Less

Business highlights

  • Smart hardware + AI software to cut leaks & waste
  • 4 revenue streams incl. SaaS & PaaS
  • £460k year 1 sales + £3m in the pipeline*
  • Global interest: EU, USA, Japan, UAE, HK
More
Less

Key features

  • Secondary Market
  • Nominee investment min. £21.88 +
  • Direct investment min. £25,000.00 +

Pitch

About the Campaign

Leaks waste 30% of drinking water and cause £30bn in damage yearly across the UK, EU & US. Watergate stops leaks and cuts usage with smart hardware and behavioural software. We’re protecting hundreds of buildings, growing fast and raising to scale across Europe and beyond.

Market Opportunity

Three unstoppable forces make this Watergate’s moment:

1. Rising water prices

2. The demand for connected tech

3. Growing climate pressure

We own the full stack, have proven product–market fit, and bring deep proptech + insurance experience - including a prior exit to Aviva.

Traction & Key Accomplishments

We’re gaining traction - fast:

• £460k 2024 revenue with £3m+ sales pipeline (*Based on unaudited management accounts)

• App & dashboard in use across hundreds of units

• 68% proven water savings at Greystar, the world’s largest apartment operator

• Also live with Hestia, London Square, Dorrington and Ox Living

• Secured partnerships with major insurers who want us in their customers’ properties to reduce risk + claims

• Selected for BREW (US) + REACH UK tech accelerators

• Active discussions with utilities in UK and US

Use of Funds

We’ll scale software-led revenue, grow recurring contracts, and deepen utility & insurer partnerships. Funds go to: 40% sales, 30% product/software, 20% ops, 10% IP/certs. This round accelerates impact, builds valuation, and preps us for a larger raise in 2025/26.

Investor Perks

Please note that any discounts, rewards and/or offers listed by a company in its campaign are subject to the terms and conditions applied by that company. It is the company’s responsibility to honour such discounts, rewards and/or offers, and Republic Europe does not take any responsibility for them.

Key Information

Key information investment sheet

Key Investment Information Sheet is available by downloading the following documents:

Material Debt

The Company has the following outstanding loans:

1. £50,000 director loan from a company director at 5% interest, repayable by 31 August 2025.

2. £67,000.00 Founder loan with no interest rate and no repayment date. This loan is to be repaid when the company is in a sufficient cash position to do so.

The funds raised as part of this round will not be used to repay these loans.

Share classes

The Company currently has three classes of shares: Ordinary Shares, Ordinary A Shares, and Ordinary E Shares.

All investors in this round, including Republic Europe investors, will receive Ordinary A Shares.
Holders of Ordinary Shares and Ordinary A Shares will receive voting rights and dividend rights. Holders of Ordinary E Shares will not have voting rights but will receive dividend rights.

On an exit and liquidation, holders of Ordinary A Shares shall receive a 1x non-participating preference, which has been drafted to be compatible with EIS relief.
This means that on a liquidation, return of capital, or exit, the proceeds will be distributed as follows:

(1) First, holders of Ordinary A Shares will receive a return equal to the higher of (i) 1x their initial investment back (or, if there are insufficient amounts to do so, an amount pro rata to their investment amount) or (ii) their share of the proceeds pro rata to the number of shares held.

(2) Second, Ordinary Shareholders and Ordinary E Shareholders will receive their share of the remaining proceeds pro rata to the number of shares held by them.

Open an account to get access to the team members of Watergate AI

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Watergate AI has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 24 June 2025 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £9,999,045

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Republic Europe.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Republic Europe

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Republic Europe campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

Find out more

Custodian

If you invest in this Campaign, Republic Europe will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Republic Europe will not benefit from any rights under a shareholder agreement. As a result, Republic Europe will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

Find out more

Direct investment

If available, this is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

Find out more

Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Republic Europe. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

Warning

You are following a link outside of europe.republic.com.

None of the information in constitutes part of the campaign and it has not been approved or reviewed by Republic Europe.

ContinueCancel