Revolutionizing Sewer Inspections with AI: SewerAI Secures $15M in Series B Funding

Insider Brief

  • SewerAI secures $15 million in Series B funding led by Innovius Capital, totaling $25 million in funding to enhance its AI-powered sewer inspection technology.
  • Flagship products PIONEER, Sewer3D, and AutoCode use AI to automate data capture and defect tagging, improving efficiency and accuracy for municipalities, utilities, and contractors.
  • The investment will support market expansion, AI model enhancement, and product portfolio growth, helping clients proactively manage infrastructure and reduce emergency responses.

PRESS RELEASE — Walnut Creek, CA/June 25, 2024/PR Newswire — Our flagship products, PIONEER, Sewer3D, and AutoCode, are revolutionizing sewer infrastructure management.

At SewerAI, we are dedicated to modernizing sewer inspections through advanced AI and cloud-based technology. As climate change increases the risk and cost of sewage failures, and America’s aging infrastructure demands significant investment, our mission is more critical than ever. By harnessing the power of AI, we automate the data capture and defect tagging process, ensuring faster, more accurate inspections.Our flagship products, PIONEER, Sewer3D, and AutoCode, revolutionize the way municipalities, utilities, and private contractors manage sewer infrastructure.

At SewerAI, we are dedicated to modernizing sewer inspections through advanced AI and cloud-based technology. As climate change increases the risk and cost of sewage failures, and America’s aging infrastructure demands significant investment, our mission is more critical than ever. By harnessing the power of AI, we automate the data capture and defect tagging process, ensuring faster, more accurate inspections.Our flagship products, PIONEER, Sewer3D, and AutoCode, revolutionize the way municipalities, utilities, and private contractors manage sewer infrastructure.

Pioneer allows field inspectors to effortlessly upload inspection data to the cloud, tagging issues that project managers can swiftly address. AutoCode takes this a step further by automatically tagging inspections and generating 3D models from video footage, enhancing the efficiency and accuracy of field operations.Unlike traditional on-premise or on-truck software, our platform increases the number of inspections conducted daily while reducing costs. With a comprehensive dataset covering 135 million feet of pipes, our AI models are exceptionally trained to detect defects with unparalleled precision. This advantage has not gone unnoticed, as we recently secured $15 million in Series B funding led by Innovius Capital, bringing our total funding to $25 million.

This investment will fuel our market expansion, AI model enhancement, and the growth of our product portfolio.We are proud to lead the way in AI-assisted pipe inspection, standing out in a competitive market. Our solutions enable clients to proactively manage infrastructure, reducing the need for emergency responses and improving overall efficiency. The increasing demand for our platform has resulted in significant growth and the closing of our first seven-figure contracts.Discover how SewerAI is transforming sewer inspections and improving infrastructure management.

SOURCE

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