Mundi Ventures invests in LAIIER’s $4M seed extension round

January 28, 2025

January 28, 2025

Mundi Ventures is excited to announce that their portfolio company, LAIIER, has successfully closed an oversubscribed $4 million seed extension funding round, led by Closed Loop Partners' Ventures Group, with participation from existing investors, namely Mundi Ventures and Burnt Island Ventures, as well as new investors Bonaventure Capital, Carlisle Ventures, One Small Planet and Virta Ventures.

Mundi Ventures has been a proud supporter of LAIIER since July 2022, when we led their initial seed round. This latest investment underscores our ongoing confidence in LAIIER’s groundbreaking approach to liquid leak detection and its potential to transform the way commercial and industrial buildings manage water and liquid risks.

Since our initial investment, LAIIER has developed its proprietary Severn WLD™ technology and LAIIER Cloud™ platform, creating solutions that set new benchmarks in precision and scalability for leak detection. This funding will be used to enable LAIIER to accelerate its expansion across North America, enhance its product offerings, and further its mission of mitigating the $19 billion in annual damages caused by liquid leaks globally.

“LAIIER is addressing a critical pain point for commercial real estate and industrial operators, offering a scalable, highly precise, and impactful solution to liquid leak detection,” said Faisal Al-Hussein, Principal at Mundi Ventures. “In a world increasingly impacted by water scarcity and climate-related risks, solutions like LAIIER’s not only reduce damage but also help conserve one of our most valuable resources. We’re proud to continue supporting their journey as they scale globally and help clients unlock significant operational and environmental benefits.”

LAIIER’s current deployments already include Fortune 500 and FTSE 100 companies across North America and Europe. Its innovative Severn WLD™ sensor technology can detect as little as two drops of water, reducing leak response times and preventing costly water damage.

Matt Johnson, CEO & Co-Founder of LAIIER, remarked, “Mundi Ventures has been an incredible advocate for LAIIER, and also a critical facilitator of our relationship with the insurance industry, which is proving to be a linchpin of our growth and ultimate value. We’re looking forward to continuing to work with Mundi’s fantastic team to achieve our mutual vision for eliminating damage and downtime from leaks and commercial and industrial environments.”

With this new funding, LAIIER is poised to strengthen its position as a global leader in liquid leak detection technology, further expanding its reach and delivering solutions that mitigate risk, conserve water, and drive positive change for customers and the environment alike.

About LAIIER


LAIIER solves the $19B+ annual problem of damage and downtime caused by liquid leaks in commercial buildings and industrial equipment. The company’s patented technologies deploy digital intelligence to detect and alert customers to leaking water, hydrocarbons, and more. Customers subscribe to the full-stack solution, which includes a unique sensor technology, connectivity and cloud services; providing a scale, precision, capability, and return on investment that competitors cannot match. LAIIER’s technologies are deployed with insurers, real estate owner operators, and system integrators in North America and Europe.

About Mundi Ventures


Founded in 2015, Mundi Ventures is a Venture Capital firm headquartered in Madrid with €500 million in assets under management. Mundi Ventures and its team have supported over 70 tech companies worldwide, with a focus on Insurance, Retail, Deep Tech and Climate Tech. The firm acts as a platform for thematic investments, strategically targeting emerging trends across various industries. Mundi Ventures operates with a highly international team, consisting of 25 employees from 17 different nationalities, bringing a diverse global perspective to its investment approach. For more information, visit https://www.mundiventures.com/.

“Only those who will risk going too far can possibly find out how far one can go.” - T.S. Eliot
© 2025 mundi ventures. all rights reserved. made by hedrick in webflow.