How Much Did SewerAI Raise?
Funding & Key Investors

SewerAI, a pioneer in AI-powered infrastructure inspection, has successfully secured a major strategic investment, bringing its total capital raised to $18.5M. This latest infusion of $15M marks a significant milestone in the company's trajectory, signaling strong market confidence in its proprietary technology. By automating the complex processes associated with sewer pipe inspection and data management, the firm continues to attract high-profile backers committed to the modernization of critical municipal assets.

What is SewerAI?

SewerAI
SoftwareEngineering Software

Headquartered in Walnut Creek, California, SewerAI operates at the intersection of civil engineering and artificial intelligence. The company provides a comprehensive software suite, including its flagship AutoCode system, which leverages machine learning to automatically review and code CCTV pipe inspection data. By offering an integrated Inspection Management Platform, SewerAI enables sewer agencies, engineering firms, and service contractors to streamline the identification and labeling of pipe defects. This digital transformation of legacy infrastructure workflows addresses a critical need for efficiency and accuracy in the water and wastewater sector, positioning the company as a leader in the burgeoning field of infrastructure-focused AI solutions.

How much funding has SewerAI raised?

SewerAI has raised a total of $18.5M across 3 funding rounds:

2020

Angel/Seed

$2M

2021

Unspecified

$1.5M

2024

Series B

$15M

Angel/Seed (2020): $2M with participation from EPIC Ventures and Builders VC

Unspecified (2021): $1.5M led by EPIC Ventures, Bentley, Burnt Island Ventures Fund I, and Builders VC

Series B (2024): $15M supported by Suffolk Ventures, EPIC Ventures, Innovius Capital, Bentley Systems, and Burnt Island Ventures Fund I

Key Investors in SewerAI

Burnt Island Ventures Fund I

A specialized investment vehicle dedicated to the water sector, providing both financial backing and operational expertise to entrepreneurs tackling critical environmental and resource management challenges.

Builders VC

A venture capital firm focused on modernizing antiquated industries by investing in innovative technologies that reshape legacy systems across construction and infrastructure sectors.

Innovius Capital

A venture capital firm specializing in supporting SaaS and AI founders at the Series A and B stages by embedding go-to-market specialists to accelerate operational growth.

What's next for SewerAI?

With the successful closure of this major enterprise-level funding round, SewerAI is well-positioned to accelerate its product development and expand its market footprint. The strategic capital will likely be deployed to enhance the predictive capabilities of its AI models and scale its go-to-market operations to meet the growing demand for resilient infrastructure management tools. As municipalities and private contractors increasingly prioritize digital twins and automated asset performance monitoring, SewerAI is poised to capture significant market share, transforming how critical underground systems are maintained and managed on a global scale.

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Frequently Asked Questions Regarding SewerAI Financial Insights

What are the most recent funding rounds that SewerAI has completed, and what were the funding rounds?
SewerAI has recently completed 3 funding rounds: Series B on Jun 18, 2024, Unspecified on Oct 25, 2021, Angel/Seed on Aug 4, 2020.
What is the total amount of funding SewerAI has raised to date?
SewerAI has raised a total of $18.5M in funding to date.
How many funding rounds has SewerAI completed?
SewerAI has completed 3 funding rounds.
How much funding did SewerAI raise in its most recent funding round?
SewerAI raised $15M in its most recent funding round.
Who are the lead investors in SewerAI's latest funding round?
The lead investor in SewerAI's latest funding round was Suffolk Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SewerAI's history?
The largest funding round in SewerAI's history was $15M.
See more information about SewerAI