SewerAI Secures $15 Million Series B to Revolutionize Sewer Inspection
Slice of Construction Team
Jun 24, 2024
Key Highlights:
- Completion of a $15 million Series B funding round led by Innovius Capital.
- AI and cloud-driven solutions improve sewer inspection accuracy and efficiency.
- Funding to expand engineering, AI training, and product offerings.
- SewerAI partners with major utilities like the city of Houston and Puris Corporation.
- Innovative features include automated quality checks and 3D manhole inspections.
Source (PR Newswire)
Quotes
“ "Using SewerAI software enables us to perform inspections much quicker, more effectively, and more efficiently while saving ratepayers millions of dollars." ”
Candice S. Miller, Public Works Commissioner at Macomb County, Michigan
Our Take:
SewerAI's recent $15 million Series B funding round marks a significant milestone in the field of infrastructure maintenance and AI-driven technology. This investment underscores the growing demand for innovative solutions in the aging U.S. infrastructure sector. With the backing of prominent investors and a proven track record of enhancing productivity and accuracy in sewer inspections, SewerAI is well-positioned to lead the market. Their advanced platform not only saves time and reduces costs but also empowers frontline workers with state-of-the-art tools, setting a new standard for efficiency and reliability in sewer condition assessment. As SewerAI expands its offerings and customer base, it will continue to play a crucial role in modernizing and safeguarding critical urban infrastructure.
