Uback segment Energy & climate › Resources › Water

US maker of smart water meters and analytics software for utilities.

Badger Meter and its private challengers · Water

Non-listed water companies ranked by Uback, with Badger Meter and the other listed pure players shown in grey at their market value on the ranking date (17 Oct 2026). Listed companies are never ranked.

#	Company	Valuation
—	XylemUnited States · Listed · NYSE · XYL	USD 24bnMarket cap · Oct 2026
—	Watts Water TechnologiesUnited States · Listed · NYSE · WTS	USD 12bnMarket cap · Oct 2026
—	PentairUnited Kingdom · Listed · NYSE · PNR	USD 8.6bnMarket cap · Oct 2026
—	Zurn Elkay Water SolutionsUnited States · Listed · NYSE · ZWS	USD 7.8bnMarket cap · Oct 2026
—	CowaySouth Korea · Listed · KRX · 021240	USD 5.7bnMarket cap · Oct 2026
—	Kurita Water IndustriesJapan · Listed · TSE · 6370	USD 4.9bnMarket cap · Oct 2026
—	Badger MeterUnited States · Listed · NYSE · BMI	USD 3.7bnMarket cap · Oct 2026
—	Mueller Water ProductsUnited States · Listed · NYSE · MWA	USD 3.4bnMarket cap · Oct 2026
1	GradiantUnited States	≈ USD 2bnUnicorn · AI estimate	Back
2	MoleaerUnited States	≈ USD 210MHundreds of M$ · AI estimate	Back
3	WintIsrael	≈ USD 180MHundreds of M$ · AI estimate	Back
4	LivpureIndia	≈ USD 140MHundreds of M$ · AI estimate	Back
5	PuraffinityUnited Kingdom	≈ USD 120MHundreds of M$ · AI estimate	Back
6	OxyleSwitzerland	≈ USD 83MTens of M$ · AI estimate	Back
7	AclarityUnited States	≈ USD 82MTens of M$ · AI estimate	Back
8	MembrionUnited States	≈ USD 65MTens of M$ · AI estimate	Back
9	Epic CleantecUnited States	≈ USD 62MTens of M$ · AI estimate	Back
10	HydraloopNetherlands	≈ USD 59MTens of M$ · AI estimate	Back
11	WaterplanUnited States	≈ USD 57MTens of M$ · AI estimate	Back
12	KandoIsrael	≈ USD 52MTens of M$ · AI estimate	Back
13	KETOSUnited States	≈ USD 52MTens of M$ · AI estimate	Back
14	OnekaCanada	≈ USD 48MTens of M$ · AI estimate	Back
15	WaHaUnited States	≈ USD 41MTens of M$ · AI estimate	Back
16	DrinkPrimeIndia	≈ USD 37MTens of M$ · AI estimate	Back
17	ASTERRAIsrael	≈ USD 31MTens of M$ · AI estimate	Back
18	HydroleapSingapore	≈ USD 25MTens of M$ · AI estimate	Back
19	AquacyclUnited States	≈ USD 21MTens of M$ · AI estimate	Back
20	KumulusTunisia	≈ USD 18MTens of M$ · AI estimate	Back
21	DigitalPaaniIndia	≈ USD 13MTens of M$ · AI estimate	Back
22	Uravu LabsIndia	≈ USD 12MTens of M$ · AI estimate	Back
23	BoonIndia	≈ USD 8.3MMillions $ · AI estimate	Back
24	WEGoTIndia	≈ USD 7.5MMillions $ · AI estimate	Back

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Figures as published by the company and market data, at the date shown.

Uback is a content publisher. It ranks non-listed companies only and gives no opinion on listed companies: the figures above are facts as published, at the date shown, never a recommendation. No intention can be declared on a listed company. Method