FundingSewerAIInnovius CapitalEmerald VCEpic VenturesSuffolk TechnologiesBentley SystemsBurnt Island VenturesWater
Image credit: SewerAI
Published on June 26, 2024
SewerAI, a specialist in AI-enhanced sewer inspections, completed a $15 million Series B funding round led by Innovius Capital. Contributors included Emerald VC, Epic Ventures, Suffolk Technologies, Bentley Systems, Burnt Island Ventures, and prominent figures like Zachary Bookman of OpenGov. The funding will advance their technology for managing the U.S.’s aging sewer infrastructure, which demands over $1 trillion in repairs. SewerAI’s cloud-based platform claims to double inspection rates and improves data quality, aiding North America’s essential sewer services. This investment will further expand their team, enhance product offerings, and increase operational scale.
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