Dropcountr Raises $600k Seed Round, Launches Spanish Version of Product

Dropcountr, a startup offering water tracking and reducing software to utilities, has raised $600,000 in venture capital funding and launched a Spanish-language version.

The new money is the first fundraising round for the company, with the Urban Innovation Fund acting as a leader alongside Zipdragon Ventures and other micro venture capitalists and angel investors. For the four-year-old company, which appeared on last year’s Gov Tech 100 list, the seed round comes a little later than for other startups in and around Silicon Valley. Where many companies pursue funding quickly to grow aggressively, Dropcountr’s strategy has been one of organic growth using its early profits.

Read more at GovTech.com

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