Enzo

IoT sensor and AI platform that monitors residential water systems to detect leaks and prevent water damage claims

Underwriting & Risk Growth Seed

Overview

Enzo (SafeHome GmbH) is an IoT and AI-based water damage prevention platform for residential property insurers. Founded in 2021 by Sascha Wolf and Marvin Follmann, the company targets P&C carriers and property insurers across Europe, offering technology that monitors building water infrastructure to detect leaks before they become claims.

The company delivers its technology through the one.drop sensor, a patented IoT device that monitors water pipes around the clock using AI-driven anomaly detection. The sensor achieves 40x higher precision than conventional water meters and requires no permanent power supply or Wi-Fi connection. Enzo also provides a data analytics platform that processes over 42 million water consumption events annually, giving insurers portfolio-level monitoring and repair management dashboards.

Enzo has raised EUR 6.2 million in total seed funding and operates in five European countries. Insurance partners include BarmeniaGothaer, Alte Leipziger, INTER, Hiscox, SV SparkassenVersicherung, and RheinLand Versicherungen. The company positions itself as reducing insurer claim costs by up to 70% through early detection and prevention of water damage, which causes approximately EUR 5 billion in annual losses in Germany alone.

Products & Services

one.drop Leak Detection Sensor

A compact, patented IoT sensor that monitors residential water pipes 24/7 using AI to detect anomalies, micro-leaks, and burst pipes. Installation is tool-free and takes minutes. The device sends real-time alerts to property owners and insurers via mobile app or email when irregularities are detected.

Key Features

Real-time water flow monitoring and AI-driven anomaly detection
Works without permanent power supply or Wi-Fi connection
Compatible with single-family homes, multi-family buildings, and vacation properties
Integration with insurance underwriting and claims workflows

Target Users: Residential property insurers, property managers, homeowners

Residential Building Insurance

A modern home insurance product that integrates one.drop sensor technology with property insurance coverage, combining water damage prevention with traditional building protection.

Target Users: Residential property owners in Europe

Data Analytics Platform

A cloud-based monitoring platform processing 42+ million water consumption events annually, giving insurers and property managers portfolio-level oversight and repair management dashboards.