Sensurance

IoT-powered water leak detection and flow monitoring for insurers and property managers.

Specialty Solutions Startup Seed

Overview

Sensurance (operating as HS Labs, Inc.) is a San Antonio, Texas-based insurtech solutions provider specializing in IoT-based water leak detection and flow monitoring technology. Founded in 2018, the company develops patented sensor systems that detect both pernicious (slow, hidden) and catastrophic (burst pipe, flood) water leak events in real time, enabling property owners and insurers to mitigate damage before it escalates into costly claims.

Water damage is a significant loss driver in the property insurance market -- Sensurance cites approximately USD 16B in annual insurance claims from water events, with roughly 1 in 50 homeowners filing a water claim each year. Sensurance targets this problem at the source by deploying intelligent monitoring technology across three key market segments: residential homes, multi-dwelling unit (MDU) apartment complexes, and hotels.

The company is backed by USAA Ventures and has raised USD 450,000 in seed funding. Its technology is designed for integration with property and homeowners insurance programs, positioning it as a loss control tool for carriers seeking to reduce water claim frequency and severity.

Products & Services

Water Leak Detection System

Patented water flow monitoring and leak detection solution with automatic shutoff capability. The system detects water anomalies and shuts off the water supply at the source -- rather than at the street meter -- enabling faster response and reduced damage. Uses trusted flow sensors to identify a range of issues including supply breaks and running toilets.

Key Features

Detects both pernicious (slow/hidden) and catastrophic (burst/flood) leak events
Automatic shutoff at the source, not just at the meter
Operates during power outages and internet disruptions via local edge automation
Real-time alerts to property owners and managers

Target Users: Residential homeowners, multifamily property managers, hotel operators

Cloud-Based Intelligent Monitoring Platform

Remote monitoring dashboard accessible via phone, tablet, or browser. The platform connects to the physical sensor system and provides ongoing visibility into property water usage and anomalies.

Key Features

Battery-powered sensors operating independently of Wi-Fi or internet
Continuous monitoring even during network outages via edge computing
Cloud-connected for remote visibility and alert management
Accessible from web and mobile interfaces

Target Users: Property managers, homeowners, insurance loss control teams

Market-Specific Solutions

Tailored configurations for three primary property categories:

Key Features

Residential Homes: Single-family dwellings with potential insurance premium savings for customers using loss prevention technology
Multi-Dwelling Units: Monitoring systems for apartment complexes and multi-family residential portfolios
Hotels: Specialized solutions for hospitality properties with multiple water-access points and high exposure to water damage events

At a Glance

Founded: 2018
Headquarters: San Antonio, Texas, USA
Employees: 11-50
Funding: Seed

Category & Focus

Category: Specialty Solutions
Subcategories: IoT risk prevention water leak detection smart property monitoring
Insurance Verticals: P&C Personal P&C Commercial
Target Customers: Carriers, Consumers