Leakmited
Entrepreneur First '19Paris, FR · Founded 2019 · 4 known investors
Leakmited offers Twin, a digital twin platform that unifies asset, technical, and budget data for local authorities managing drinking water and sanitation networks, letting them build and update multi-year investment plans (PPI), simulate renovation scenarios, and generate work and subsidy files. It serves French water utilities and municipalities, using AI to detect inconsistencies in decade-long plans and simulate water savings and network efficiency.
Also known as LeakMited
Founders & leadership
Leakmited was founded in 2019 by Hubert Baya Toda and Juan Barragan.
Investors · 4
Also in the syndicate · 2
Company profile
researched Aug 2026Leakmited is a French company specialising in the performance of drinking water networks. It sells to water utilities, municipalities and public network operators, combining artificial intelligence with field expertise to reduce water losses and prioritise infrastructure renewal. According to its press materials, it supports more than 100 operators facing understaffed technical teams, deteriorating networks and fragmented tooling.
The offering is organised around two product lines. Sprint is a performance-based leak detection service in which Leakmited deploys its own expert leak investigators to critical areas, guided by the company's AI; the company states that if no demonstrable performance improvement is achieved within two weeks, no charge is made. Twin is a software platform delivered as a shared interface for elected officials and technicians, split into Twin patrimonial/renovation planning — which turns network data into a scalable multi-year renewal plan (PPI) to prioritise investments within a fixed budget — and Twin exploitation, which centralises telemetry, remote meter reading and GIS data to identify at-risk sectors earlier, organise field rounds and track the impact of interventions on network efficiency.
Leakmited positions its distinguishing feature as the continuity between field action, operational management and investment strategy: interventions inform monitoring, and monitoring informs renewal planning. The company reports having been supported since inception by Banque des Territoires, and also cites Starquest as a backer.
Founding story
Founded in 2019 around the question of why, when and how water leaks occur, followed by three years of field research with European water utilities and public network managers.
Business model
Leakmited combines a software subscription-style offering (Twin, for renovation planning and network operation monitoring) with a field service (Sprint leak detection) delivered by its own expert investigators. The Sprint service is billed on results: the company states that customers pay based on performance achieved, with no charge if no demonstrable improvement in network performance occurs within two weeks; one customer describes a threshold of finding at least 20% of leaks before payment begins.
Software for network renewal planning and operational supervision sold to water utilities and local authorities, plus performance-based (results-billed) leak detection services.
Traction
Company-reported figures: more than 100 water utilities supported; over 30,000 km of networks managed with Twin; more than 1,000,000 leaks recorded across more than 400,000 km of analysed network; an average 35% (elsewhere stated as over 30%) reduction in water losses, with some customers reducing losses by up to 75%. Reported 2024 sales of nearly €2 million, with a stated goal of profitability within 18–24 months of the January 2025 round.
Latest developments
Product updates to Twin include the ability to create worksite lists and integrate them into renewal plans. The press page lists sustained French media coverage of deployments through late 2025 and early 2026, including Béziers Méditerranée, Grand Paris Sud, Sicoval and the Eure water syndicate SERPN.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positions itself as a specialist in drinking-water network performance for French public operators, claiming more than 100 utilities as customers and differentiating on results-based commercial terms rather than tooling alone.
The company cites the simplicity of its solution and the continuity between field intervention, operational management and investment strategy, plus results-based billing for leak detection and a frugal, locally-processed AI that works offline in the field.
Technology
AI models that estimate leak risk across water networks and support prioritisation of renewals, applied to network, telemetry, remote-meter and GIS data. Leakmited describes a 'frugal' and ethical AI approach: models optimised for low resource consumption, data structured with time, location and context metadata, and embedded local processing that runs on field teams' mobile devices without a constant internet connection. Customer data is hosted exclusively in Europe in certified, encrypted and regularly audited environments, under customer control and used only to improve their network performance.
Go-to-market
Direct sales to public water operators and local authorities, supported by named customer references and testimonials, a press relations programme (agency C3M) generating regional and trade coverage in France, and a low-risk commercial entry point via performance-based billing on Sprint leak detection campaigns.
Drinking water utilities, régies, intercommunal water syndicates and local authorities of all sizes, primarily in France. Named users include the Rouen metropolitan area, Syndicat Sud Charente, Eau du Ponant, Pays Voironnais, Béziers agglomération/Béziers Méditerranée, Grand Paris Sud, Sicoval, SIEA, SMEC, the Syndicat d'Eau du Roumois et du Plateau du Neubourg (SERPN) and the Syndicat Intercommunal des Eaux de Beaufort.
Geography
Headquartered in Paris, France, with customers across French regions. At the time of its 2025 Series A the company reported partnerships already established in Italy, the United Kingdom and South Africa, and a blog post references a UK expansion effort.
History
Founded in 2019, Leakmited spent three years on research alongside water utilities and public network managers in Europe to understand why, when and how water leaks occur. It raised a €5 million Series A announced in January 2025 from Starquest (via its Starquest Protect fund) and the Caisse des Dépôts et Consignations, its first outside investors, and says it has been supported by the Banque des Territoires since inception.
Risks & controversies
Several performance figures (loss reduction percentages, kilometres managed, number of utilities) are self-reported by the company and not independently verified in the sources. Third-party aggregator data on revenue, valuation and funding totals is estimated and inconsistent with the primary reporting of a single €5 million Series A.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 7
launches, deals, and filingsMultiple French outlets reported the Syndicat d'Eau du Roumois et du Plateau du Neubourg using AI to identify pipes to repair after losing about a million cubic metres of water to leaks.
Website news banner announces that users can create worksite lists and integrate them into their plans in one click.
French press reported that the Sicoval intercommunal authority near Toulouse adopted Leakmited's AI for leak detection, with reported savings of 110,000 m³ of water and €300,000 per year.
First external investors in the company's capital; round led by Starquest via its Starquest Protect fund alongside Caisse des Dépôts et Consignations. Proceeds earmarked for strengthening presence in France and internationally.
$5M source ↗
At the time of its Series A, Leakmited reported partnerships already established in Italy, the United Kingdom and South Africa, with plans to expand into new strategic markets.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Leakmitedleakmited.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Leakmited do?
- French company using AI to help water utilities cut drinking-water losses via leak detection services and the Twin network planning software.
- Who founded Leakmited?
- Leakmited was founded by Hubert Baya Toda, Juan Barragan in 2019.
- Who are Leakmited's investors?
- Leakmited's investors include Entrepreneur First, Starquest Capital.
- Where is Leakmited headquartered?
- Leakmited is headquartered in Paris, FR.


