SewerAI Raises $1.5M in Funding

SewerAI, a Walnut Creek, Calif.-based AI computer vision and Cloud computing sewer condition assessment company, raised $1.5m in funding.

SewerAI

Backers included Bentley Systems, Incorporated (Nasdaq: BSY), an infrastructure engineering software company, through the Bentley iTwin Ventures Fund, Burnt Island Ventures, Builders VC, and EPIC Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Established by sewer infrastructure inspection technology veterans Matthew Rosenthal, CEO, and Billy Gillmartin, CRO, SewerAI uses artificial intelligence and computer vision to inspect, identify and analyze sewer infrastructure defects. Its AI, cloud-based software AutoCode™ enhances and accelerates sewer infrastructure inspections.

The company leverages artificial intelligence and computer vision, along with a cloud workflow platform to automatically detect pipeline defects, allowing sewer inspections to be completed with accuracy. SewerAI’s machine learning training dataset consists of millions of feet of labeled video inspection data, growing daily, all manually reviewed and validated. Since the launch of its platform in late Q1 this year, users have uploaded more than 1.5M feet of inspection data and watched over a 1000 hours of video footage. 

FinSMEs

25/10/2021