Strategic Partnerships 120Water has established strategic partnerships with companies like Newtown Artesian Water Co. and Rhode Island, indicating a strong potential for collaborative sales efforts and cross-selling opportunities.
Top Talent Acquisition The recent hiring of key executives, including Jennifer Fulk as CFO and COO, signifies a focus on growth and innovation, presenting an opportunity to leverage new leadership for enhanced sales strategies.
Significant Funding Securing a substantial $43 million in growth investment from Edison Partners demonstrates financial stability, enhancing credibility and signaling readiness for expansion, potentially attracting larger sales deals.
Market Recognition Being recognized as a leading digital water management company in the industry positions 120Water advantageously for leveraging its reputation to drive sales and acquire new customers looking for trusted solutions.
Competitive Landscape Compared to similar companies like Waterline Data and Utilis, 120Water's mid-range revenue and employee size provide a competitive edge to tailor sales approaches, targeting customers needing scalable solutions with a personalized touch.