TLDR:
- SewerAI, a global leader in AI and cloud-driven sewer condition assessment, raised $15M in Series B funding led by Innovius Capital.
- The funding will be used to expand engineering and go-to-market teams, improve AI training, expand product offering, and scale operations.
SewerAI, based in Walnut Creek, CA, closed a $15 million Series B funding round led by Innovius Capital. Other participants in the funding round included Emerald VC, Epic Ventures, Suffolk Ventures, Bentley Systems, Burnt Island Ventures, and individual investors like Zachary Bookman, founder and CEO of OpenGov, and CEOs of elite AI and computer vision companies. The company plans to use the funds to expand its engineering and go-to-market teams, improve AI training, expand its product offering, and scale operations. This will enable them to enhance their product further to increase productivity, accuracy, collaboration, and integrations with other solutions.
Founded by Matthew Rosenthal, SewerAI is known for its sewer condition assessment and inspection data management services, leveraging its cloud inspection management platform (Pioneer™) and AI Computer Vision tools (AutoCode™). Their goal is to help wastewater professionals accelerate productivity, increase accuracy, and reduce the costs associated with maintaining and renewing aging collection systems.
