Elementric is a Swedish insurtech and proptech company founded in 2021 by Fredrik Lindell, based in Stockholm. It launched its first wireless leak detector for multi-occupancy properties in 2021.
Elementric position themselves around making leak detection the standard way to protect homes and businesses. Their Drip Mat is a wireless sensor that sits under sinks and appliances, detects slow leaks early and also alerts when temperatures fall low enough to risk frozen pipes.
Elementric suits residential and multi-occupancy landlords, housing cooperatives and insurers focused on the slow leaks behind most water damage claims.