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NewsJuly 31, 2023

SewerAI Raises Capital from Suffolk Technologies to Automate Infrastructure Inspections for More Sustainable Cities

SewerAI announces additional funding from Suffolk Technologies, a venture capital platform focused on the built environment, to advance AI-powered automated infrastructure inspection for more sustainable cities.

SewerAI Raises Capital from Suffolk Technologies to Automate Infrastructure Inspections for More Sustainable Cities

Walnut Creek, CA — July 31, 2023 — SewerAI, a startup at the forefront of automated infrastructure inspection, today announced additional funding from Suffolk Technologies, a Boston-based venture capital platform dedicated to funding the next generation of companies solving built environment challenges.

This investment comes as Suffolk Technologies recently announced its $110M Fund I, reinforcing its commitment to transforming the built world. Recognized by AGC Partners as the #1 most active construction technology venture capital investor from 2018 to 2022, Suffolk Technologies is led by Managing Partners Wan Li Zhu, Jit Kee Chin, and Puneet Mahajan.

Revolutionizing Underground Infrastructure Management

SewerAI has emerged as a leader in leveraging artificial intelligence and computer vision to revolutionize underground infrastructure management. By converting complex inspection data into actionable insights, SewerAI empowers cities and municipal agencies to proactively manage their sewer systems — decreasing environmental risks, reducing infrastructure costs, and significantly enhancing the sustainability of urban water systems.

SewerAI's solutions deliver unrivaled accuracy in identifying sewer defects through an innovative blend of AI computer vision, cloud computing, photogrammetry, and edge-based software for data capture. Together, these technologies improve every step of the inspection and assessment process, enabling sewer utilities, engineers, and contractors to cost-effectively and proactively address issues before they escalate into costly infrastructure failures or potential environmental hazards.

Fueling the Next Phase of Growth

The additional capital from Suffolk Technologies will enable SewerAI to accelerate its development initiatives, expand operations, and continue its mission to overhaul the landscape of urban water management. Matthew Rosenthal, CEO of SewerAI, commented on the milestone:

"We are delighted to secure the support of Suffolk Technologies. Their investment will empower us to ramp up our development initiatives, expand our operations, and continue our mission to overhaul the landscape of urban water management. With Suffolk Technologies' extensive expertise and network within the built world, we are confident that we can realize our shared vision of a more sustainable and efficient urban future."

— Matthew Rosenthal, CEO, SewerAI

A Shared Vision for Sustainable Cities

Suffolk Technologies invests in early and growth-stage startups transforming the built world across real estate and development, architecture, engineering and construction, property management, and smart cities. The firm's focus on the intersection of technology and the built environment makes it a natural partner for SewerAI as the company scales its impact across municipalities nationwide.

SewerAI's work addresses a critical and often overlooked segment of urban infrastructure. Aging sewer systems across the country represent a significant liability for cities — both financially and environmentally. By automating the inspection and assessment process, SewerAI helps municipalities get ahead of failures, reduce emergency repair costs, and protect waterways from sewage overflows and contamination.

About SewerAI

SewerAI is a global leader in sewer condition assessment and inspection data management. Based in Walnut Creek, CA, SewerAI leverages its cloud inspection management platform (Pioneer™) and AI Computer Vision tools (AutoCode™) to help wastewater professionals accelerate productivity, increase accuracy, and reduce the cost to maintain and renew aging collection systems.

About Suffolk Technologies

Suffolk Technologies is a venture capital platform funding the next generation of companies solving built environment challenges. Suffolk Technologies invests in early and growth-stage startups transforming the built world across real estate and development, architecture, engineering and construction, property management, and smart cities.

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