What is Sourcewater?
Headquartered in Houston, Texas, Sourcewater, Inc. operates as a specialized intelligence provider for the oil and gas industry. Founded in 2014, the company integrates diverse data streams—including proprietary satellite imagery, IoT sensor networks, government databases, and its own online water marketplace—to deliver actionable geospatial insights. This comprehensive approach allows operators to monitor water sourcing, disposal, and recycling activities with unprecedented precision. By digitizing the traditionally opaque oilfield water market, Sourcewater enables stakeholders to reduce costs, mitigate risks, and enhance sustainability metrics across their operational footprint.
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 Bison Technologies and Marubeni
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 business conglomerate that handles products and provides services in a broad range of sectors including energy, infrastructure, and industrial machinery.
Bison Technologies
An investment firm focused on supporting technological advancements and operational efficiencies within the energy and industrial sectors.
PPP
Public-Private Partnership
What's next for Sourcewater?
With the recent infusion of $296K, Sourcewater is well-positioned to scale its technological infrastructure and expand its market reach. The strategic focus will likely center on deepening the integration of AI-driven predictive analytics within its existing platform to further automate water management workflows. As the energy industry continues its digital transformation, Sourcewater's ability to synthesize disparate data into high-value intelligence will be a key differentiator. Future growth will likely involve scaling its IoT sensor deployment and enhancing its satellite imagery capabilities to provide real-time, global coverage for energy infrastructure projects, thereby cementing its status as an essential utility for modern energy operations.
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