ECOSYSTEMS SELECTED TO JOIN ENDEAVOR MIAMI
May 10, 2018
MIAMI, FL (May 10, 2018)—EcoSystems, a water conservation company that designs and implements programs that have saved over two billion gallons of fresh water and $15 million in utility costs, today announces that Richard and Lawrence Lamondin have been selected as Endeavor Entrepreneurs at Endeavor’s 79th International Selection Panel (ISP). The Panel was held in Louisville, KY from May 7 – 9.
Brothers, Richard Lamondin, Jr. and Lawrence Lamondin, founded EcoSystems in 2012 as a result of their passion for water conservation, which drove them to launch a business that took on the looming global issue of water scarcity and water shortage. To date, EcoSystems has completed more than 30,000 bathroom retrofits, ridding properties of old and wasteful toilets, showerheads and aerators. On top of approaching three billion gallons of water saved by the end of 2018, their Water Wise program offers efficient, construction-free solutions and quick ROI for property owners, typically saving 30-50 percent on water and sewer bills and seeing returns in less than 18 months.
As a result of EcoSystems’ proven installation process and value-add to properties, the firm was recently named Denver Water’s official partner in installing free low flow fixtures for Denver’s low income residents. EcoSystems is also currently executing a national retrofit program in partnership with BH Management on over 25 properties located across the U.S.
“We are honored to join the Endeavor Miami portfolio. Six years ago, my brother and I scraped together a few thousand dollars to create EcoSystems and we couldn’t be more proud of how far we have come–not only as a business but in supporting conservation efforts across the U.S.,” said Richard Lamondin, Jr., CEO of EcoSystems. “I have no doubt that with the support of the Endeavor team we’ll continue to experience unprecedented growth and will inspire other entrepreneurs that they too can make conservation good for business.”
Endeavor’s ISP is the culmination of a rigorous selection process where panels composed of top global business leaders, entrepreneurs and investors interview candidates about their business model, leadership potential and timing. In order for an entrepreneur to be selected, they must receive a unanimous vote from the entire panel—only about 2% of all companies that begin the Endeavor selection process get selected in the end. Each panel consisted of sets of six world-class business leaders, who interviewed EcoSystems’ co-founders, giving them targeted feedback. South Florida was well represented at the event with Endeavor Miami Board co-chair, Daniel Echavarria, and two mentors, Hank Dudgeon and Mike Bach, who interviewed candidates to select this class of Endeavor Entrepreneurs.
“We’re thrilled to welcome Richard and Lawrence to the Endeavor family,” said Laura Maydón, Managing Director of Endeavor Miami. “We’re looking forward to seeing great things come out of EcoSystems.”
Endeavor Entrepreneurs receive services that include mentorship and access to capital, global markets and talent. Endeavor Miami launched in September 2013 with the support of the John S. and James L. Knight Foundation as the first U.S. affiliate of Endeavor Global. Endeavor Miami’s entrepreneurs are now generating close to $130 million in revenues and 1,600 jobs in South Florida in 2017. With the addition of its newest companies, the affiliate currently supports 21 companies and 37 entrepreneurs. For more information on Endeavor Miami, visit www.endeavormiami.org.
EcoSystems partners with property owners to conserve billions of gallons of water and millions of dollars—one toilet and faucet at a time. Our mission: to provide solutions that promote smarter, more efficient uses of water and energy, and empower people and businesses by eliminating waste and cutting costs. In a matter of weeks, EcoSystems helps properties save up to 55% on sink usage, 40% on shower usage, and 50-100+ % on toilet usage. For more information, visit www.ecosystems.com.