New York Angels Backed ProSentry is Changing How Buildings Monitor for Leaks
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About this listen
This month on the New York Angels edition of The Angel Nest, we meet a great business inspired by a disaster. When his home flooded with water, John Rusk decided there had to be a better way to protect property. So, he invented an early warning system and started ProSentry in 2019 to prevent others from experiencing the same frustration.
In a recent 18 month period, they alerted commercial and residential building owners to more than 6,000 water leak events. And they've done it so quickly that not one has resulted in an insurance claim. ProSentry collaborates with Chubb Insurance on water leak detection initiatives, now operates in six states and is growing quickly. We’ll talk with John and with Tom Hirschfeld, a New York Angels board member who co-led the group’s investment in ProSentry. He’ll tell us what it was about ProSentry that caught his attention. And, we also meet Seth Masters, vice chair of the New York Angels who shares how the group funds the most exciting startups and why he chose to join New York Angels after being a chief investment officer of private wealth management at Alliance Bernstein for 27 years. Seth has been a New York Angel since 2017, where he has already invested an astounding 70 rounds in 40 companies.
Listen to the episode now and find dozens of past episodes at theangelnest.com.