HOPE Hydration Raises $20 Million In Series A Funding Led By Pentair Plc
Building Size
—
Asset Type
—
Closing
Jul 17, 2025
AI
HOPE Hydration has completed a Series A funding round, raising $20 million. The investment was led by Pentair plc, with additional support from Burnt Island Ventures and others. The raised capital is intended to scale manufacturing, expand into new markets, drive product innovation, and grow strategic partnerships globally.
Summary of transaction details:
- Deal Type: Series A
- Transaction Amount: $20,000,000
- Company Headquarters: Miami
- Founders: Jorge Richardson, Cristina Gnecco, Dave Tigue
- Notable Investors: Pentair plc, Burnt Island Ventures, Boost VC, Spice Capital, Grayson Allen
HOPE Hydration is a startup focused on developing digitally connected HydroStations™ that provide free filtered water while also tracking environmental impact and displaying digital advertisements. The company aims to leverage new funding to enhance its manufacturing capabilities and expand its market reach.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93