About SewerAI
SewerAI is a company based in Walnut Creek (United States) founded in 2019 by Matt Rosenthal and Bill Gilmartin.. SewerAI has raised $18.5 million across 3 funding rounds from investors including Bentley Systems, Burnt Island and EPIC Ventures. SewerAI offers products and services including PIONEER, AutoCode, Sewer3D, and QAI. SewerAI operates in a competitive market with competitors including Solinas Integrity, RedZone Robotics, Genrobotics, Storm Harvester and Rosi, among others.
- Headquarter Walnut Creek, United States
- Founders Matt Rosenthal, Bill Gilmartin
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Sewerai Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.5 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series B
Jun 29, 2024
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Investors
Bentley Systems
& 8 more
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Employee Count
Employee Count
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Products & Services of SewerAI
SewerAI offers a comprehensive portfolio of products and services, including PIONEER, AutoCode, Sewer3D, and QAI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for organizing and analyzing sewer data efficiently.
AI tool for automatic condition detection in sewer inspections.
Generates digital twins for sewer system visualization and planning.
Automates checks for sewer inspection quality and accuracy.
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Funding Insights of SewerAI
SewerAI has successfully raised a total of $18.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $15.0M
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First Round
First Round
(04 Aug 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - SewerAI | Valuation | Innovius Capital | |
| Oct, 2021 | Amount | Seed - SewerAI | Valuation | Bentley iTwin Ventures , Burnt Island | |
| Aug, 2020 | Amount | Seed - SewerAI | Valuation | Builders VC , EPIC Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SewerAI
SewerAI has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bentley Systems, Burnt Island and EPIC Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology companies are funded by this venture capital firm.
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Investments are made in technologies that modernize industries like agriculture and construction.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SewerAI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SewerAI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sewerai Comparisons
Competitors of SewerAI
SewerAI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solinas Integrity, RedZone Robotics, Genrobotics, Storm Harvester and Rosi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based pipeline cleaning robots are provided for infrastructure management.
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Robotic and software solutions for wastewater network monitoring are provided.
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| domain | founded_year | HQ Location |
Genrobotics is focused on developing robotics and AI solutions for challenging environments.
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| domain | founded_year | HQ Location |
Electronic systems for rainwater harvesting and flood control are provided.
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| domain | founded_year | HQ Location |
Cloud-based software is utilized for managing sewerage assets in municipalities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sewerai
Frequently Asked Questions about SewerAI
When was SewerAI founded?
SewerAI was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is SewerAI located?
SewerAI is headquartered in Walnut Creek, United States. It is registered at Walnut Creek, California, United States.
Who is the current CEO of SewerAI?
Matt Rosenthal is the current CEO of SewerAI. They have also founded this company.
Is SewerAI a funded company?
SewerAI is a funded company, having raised a total of $18.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Aug 04, 2020.
What does SewerAI do?
SewerAI was founded in 2019 and is headquartered in Walnut Creek, United States. AI-based solutions are offered by the company for the wastewater, storm, and drinking water sectors. Defects in sewer pipe inspection videos are automatically labeled using established condition assessment standards. Production of condition reports is increased, while total inspection costs are reduced through these operations.
Who are the top competitors of SewerAI?
SewerAI's top competitors include RedZone Robotics, Solinas Integrity and Genrobotics.
What products or services does SewerAI offer?
SewerAI offers PIONEER, AutoCode, Sewer3D, and QAI.
Who are SewerAI's investors?
SewerAI has 9 investors. Key investors include Bentley Systems, Burnt Island, EPIC Ventures, Bentley iTwin Ventures, and Builders VC.
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