How Much Did Sourcewater Raise?
Funding & Key Investors

Sourcewater, a Houston-based pioneer in oilfield water intelligence, has successfully navigated a complex capital trajectory to solidify its market position. With a cumulative capital infusion reaching $8.1M, the firm has demonstrated significant resilience and growth. The most recent strategic investment of $296K underscores the company's ongoing commitment to scaling its proprietary geospatial analytics and marketplace infrastructure, positioning it as a critical player in the energy sector's digital transformation.

The company's financial history reflects a disciplined approach to growth, beginning with early-stage debt financing in 2017 and 2020, followed by a pivotal Series A round in 2019. This progression highlights a strategic shift from foundational development to the aggressive expansion of its data-driven service offerings.

What is Sourcewater?

Sourcewater
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Founded in 2014 through the MIT Energy Ventures program, Sourcewater provides comprehensive oilfield water intelligence. By synthesizing data from an online water marketplace, proprietary satellite imagery, government databases, and IoT sensors, the company delivers actionable geospatial insights. This multi-layered approach allows energy operators to optimize water sourcing, disposal, and logistics, effectively reducing operational costs and environmental impact. As an enterprise-level solution, Sourcewater occupies a unique niche at the intersection of industrial IoT and environmental sustainability, providing the transparency required for modern, data-centric energy management.

How much funding has Sourcewater raised?

Sourcewater has raised a total of $8.1M across 4 funding rounds:

2017

Debt

$500K

2019

Series A

$7.2M

2020

Debt

$150K

2021

Debt

$296K

Debt (2017): $500K, investors not publicly disclosed

Series A (2019): $7.2M led by Marubeni and Bison Technologies

Debt (2020): $150K supported by PPP

Debt (2021): $296K featuring PPP

Key Investors in Sourcewater

Marubeni

Marubeni Corporation is a major Japanese integrated trading and investment conglomerate with a global reach across energy, infrastructure, and industrial sectors.

Bison Technologies

An industry-focused participant providing strategic backing to support the advancement of oilfield technology and infrastructure solutions.

PPP

Public-Private Partnership

What's next for Sourcewater?

With the recent influx of capital, Sourcewater is well-positioned to accelerate its technological roadmap and expand its footprint in the energy intelligence market. The focus will likely shift toward enhancing the predictive capabilities of its satellite imagery analytics and scaling its marketplace to accommodate broader industrial demand. By leveraging its existing strategic partnerships, the company is poised to integrate its intelligence platform deeper into the operational workflows of major energy producers. As the industry continues to prioritize ESG compliance and operational efficiency, Sourcewater's ability to provide real-time, data-backed decision support will be a primary driver of its long-term enterprise value.

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Frequently Asked Questions Regarding Sourcewater Financial Insights

What are the most recent funding rounds that Sourcewater has completed, and what were the funding rounds?
Sourcewater has recently completed 3 funding rounds: Debt on Jan 30, 2021, Debt on Apr 10, 2020, Series A on Sep 4, 2019.
What is the total amount of funding Sourcewater has raised to date?
Sourcewater has raised a total of $8.1M in funding to date.
How many funding rounds has Sourcewater completed?
Sourcewater has completed 3 funding rounds.
How much funding did Sourcewater raise in its most recent funding round?
Sourcewater raised $296K in its most recent funding round.
Who are the lead investors in Sourcewater's latest funding round?
The lead investor in Sourcewater's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sourcewater's history?
The largest funding round in Sourcewater's history was $7.2M.
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