What is Sourcewater?
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:
Debt
$500K
Series A
$7.2M
Debt
$150K
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.
See full Sourcewater company page