How Much Did SewerAI Raise?
Funding & Key Investors

SewerAI, a pioneer in the digital transformation of municipal infrastructure, has successfully secured significant capital to accelerate its mission of modernizing sewer pipe inspection processes. With a total historical investment reaching $18.5M, the company continues to attract high-profile backing, most recently closing a round of $0. This latest infusion of capital underscores the growing market demand for automated, AI-powered solutions in the critical infrastructure sector, positioning the firm for rapid expansion across North American markets.

The company's trajectory, marked by consistent support from specialized venture firms, reflects a robust growth narrative. By leveraging advanced machine learning to automate the coding and review of CCTV inspection data, SewerAI has effectively addressed the inefficiencies inherent in legacy utility management systems. This strategic financing ensures the company remains at the forefront of the water technology landscape.

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 suite of software tools, including its flagship AutoCode system, which automates the identification and labeling of pipe defects from CCTV footage. By integrating an Inspection Management Platform with cross-bore audit capabilities, SewerAI enables sewer agencies, engineering firms, and service contractors to transition from manual, error-prone workflows to data-driven, automated asset management. This shift is essential for maintaining aging infrastructure, reducing operational costs, and improving the longevity of municipal water systems.

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 Builders VC and EPIC Ventures

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

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

Key Investors in SewerAI

Builders VC

Builders VC is a venture capital firm focused on modernizing antiquated industries by investing in innovative technologies and solutions that reshape legacy systems.

Burnt Island Ventures Fund I

Burnt Island Ventures Fund I is an investment vehicle dedicated to supporting entrepreneurs developing high-impact solutions within the water sector.

Innovius Capital

Innovius Capital is a venture firm specializing in SaaS and AI, providing operational support to help founders scale their businesses from early stages to market leadership.

What's next for SewerAI?

With the recent influx of capital, SewerAI is well-positioned to scale its enterprise-level operations and deepen its product integration within the global infrastructure engineering ecosystem. The company is expected to focus on expanding its market reach, enhancing its AI model accuracy, and strengthening partnerships with major infrastructure software providers. As municipalities face increasing pressure to modernize their utility networks, SewerAI's ability to provide actionable, real-time insights will be a critical driver of its long-term value proposition. The focus will likely shift toward broader adoption of its digital twin and asset performance solutions, cementing its role as a foundational technology provider for smart city initiatives.

See full SewerAI company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Database & File Management SoftwareSoftwareBusiness Intelligence (BI) Software
Security SoftwareSoftwareBusiness ServicesSecurity Information and Event Management (SIEM)
Financial SoftwareSoftware
Content & Collaboration SoftwareSoftwareMultimedia, Games & Graphics Software

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 Bentley Systems. 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