Flume Water

“On average right now, we have customers that are checking in on the app about once every two days.”

“It's small, you know, we're talking like a dollar per user per month.”

“We've only lost one person over the past four years of business.”

“The hardware is going to cost you one nine nine. So you can buy it on Amazon. You can buy it on our website, but it's 109 nine dollars right now online.”

“About 50% of homes throughout the country have had water damage, so once someone has experienced that, they never want it to happen again, and spending a 199 bucks to fix that problem is a pretty nominal cost.”

“Probably about 60% of them have come from Amazon.”

“We're approaching like 10,000 units.”

“We were doing like a hundred units every other month. So we were doing basically nothing. You know, it's in the ballpark seven X growth from last year.”

“First round total was 250 K second. It's a very small 1,000,003rd, 750. So these were all convertible notes at basically multiple caps that kept growing. And then recently we did three million on a priced equity round.”

“When we initially started out, our cost of goods was hovering around a 130 dollars in California.”

“They are looking for data on water usage and leaks.”

“So we'd like to not, you know, burden the consumer market with another subscription fee that you have to pay for and find ways to get that revenue from kind of third parties that we're working with.”

“It's small. Yeah. If you're in a, it's in that ballpark, low, low thousands.”

“Believe it was about two million before we got our first dollar revenue, which is pretty low actually for an IOT company.”

“You don't need a plumber come out. You don't need to break any pipes. You can install it in about 10 minutes, and you have leak detection and water monitoring across your entire property, both indoor and outdoor. No one's been able to do that, and that's kind …”

“I can't tell you exactly what our cost of goods are, but I can say, you know, it's under a hundred dollars per unit.”

“We're doing in the ballpark about a thousand units per month.”

“I can't give you our exact hack but, you know, we're sitting in the I'll just say 25 to 35 percent of our overall price.”

“San Antonio is paying us a 150 dollars in rebates per unit that we sell. So for customers, they only have to pay 50 bucks and we're able to still gather that 150 dollar cost for the 150 dollar revenue.”

“You know, we're burning a few hundred grand per month right now. You know, we're not at profitability yet by any means.”

“We have about five percent of our customers right now that actually are paying a recurring annual fee.”