Losing an umbrella is a part of life — one that often leaves you drenched in the rain and out at least $15.

But New York-based startup Davek, known for selling high-end umbrellas that don't crap out on you after just two uses, has developed a concept to ensure that you never leave an umbrella behind again.

The company recently launched a Kickstarter campaign to raise funding for its Davek Alert Umbrella, a $125 product that features a built-in Bluetooth proximity chip (hidden into the base) that alerts you if you've accidentally left without it. The product, which is available in black and blue, is currently selling at a discounted rate of $99 for early Kickstarter backers who place an order by April 12.

Image: Davek

The umbrella syncs up with Android and iOS devices, as well as a corresponding app that tracks the distance between your smartphone and the umbrella. If it notices your phone is, for example, 30 feet away from the umbrella (and thinks you might be leaving it behind), it will send a message directly to your phone.

Founder Dave Kahng, who has a background in mechanical engineering, started the company back in 2005 to offer an alternative to the typically cheap and disposable umbrellas on the market. He started playing around with different frame structures and stress points to determine how to best manage wind resistance. Now, the company has sold more than 100,000 high-end sturdy umbrellas at retailers like Bloomingdales and Neiman Marcus.

His attempt to crack the saturated and flimsy umbrella market with smart technology is strategic; 33 million umbrellas are sold each year in the U.S., amounting to $500 million, according to the company. But it's also a way to ensure customers will invest in his $100 high-end umbrellas without worrying about losing them.

Image: Davek

"Among the first concerns about spending $100 on an umbrella is that you might lose it," Kahng told Mashable. " We realize that if we solve this problem, many more people would opt to spend more for a high-quality umbrella, than an endless stream of replacements."

While Kahng considered using GPS tracking instead of Bluetooth within the umbrella, he wanted to keep the product as low cost as possible and ensure a way that people won't ever lose it. The Bluetooth LE chip inside the umbrella is powered by a normal coin cell battery that Kahng says will last between one and two years before it needs to be replaced.

"Building an umbrella with GPS would have been about retrieval — finding an umbrella after you’ve lost it," he said. "We wanted a solution that prevented you from losing it in the first place, so we created a 'virtual leash.'"

The Davek Alert Umbrella app also comes with a weather feature that alerts you when you'll need an umbrella that day before your leave the house.