On June 18, 2024, SewerAI, a global leader in AI and cloud-driven sewer condition assessment, announced the successful completion of a $15 million Series B funding. Innovius Capital led the round with additional funding from Emerald VC, Epic Ventures, Suffolk Ventures, Bentley Systems, Burnt Island Ventures, and other individual investors. Wilson Sonsini Goodrich & Rosati advised SewerAI on the transaction.

SewerAI is revolutionizing the inspection and maintenance industry by increasing productivity and data quality. Leveraging cloud and AI technologies, the company facilitates faster and more accurate inspections for municipalities and contractors. The latest funding round will enable SewerAI to bolster its engineering and go-to-market teams, enhance AI training, broaden product offerings, and scale operations.

The Wilson Sonsini team that advised SewerAI on the transaction includes Yokum Taku, Avi Emanuel, Tyler Tschirhart, and Chelsea Gahran.

For more information, please see SewerAI's news release. Additional coverage can be found on TechCrunch.