U.S. SewerAI Secures New Funding Round Led by JMI Equity
2026-06-04 09:21
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en.Wedoany.com Reported - SewerAI announced the completion of a new funding round, led by JMI Equity, with continued participation from existing investors Innovius Capital, Epic Ventures, and Bentley Systems.

This funding round comes against the backdrop of the National League of Cities' release of the "2026 Municipal Infrastructure Status Report." The report shows that since 2022, water and sewer infrastructure has experienced the greatest decline in condition among all major asset categories, while cities still rank it as one of their top capital priorities. Closing this gap requires faster, more accurate ways to inspect, assess, and prioritize the underground pipe networks beneath every city—a process that has historically been slow, manual, expensive, and error-prone.

SewerAI helps organizations turn inspection data into repair plans and long-term asset strategies. The platform supports data from over 2,000 cities, manages more than 30,000 miles of pipelines, and has processed over 850,000 NASSCO inspections.

Customers include the City of Houston, the City of Phoenix, and KC Water. The City of Houston, the largest wastewater collection utility in the U.S., uses SewerAI to fulfill its consent decree obligations with the U.S. Environmental Protection Agency (EPA). The platform also supports engineering firms and contractors such as HDR and PURIS, with an extensive network of municipal utilities, engineering companies, and closed-circuit television (CCTV) inspection contractors across North America.

SewerAI's near-term roadmap focuses on extending artificial intelligence from inspection to repair planning and project management. Key priorities include: continuing to improve the accuracy and throughput of AutoCode™; expanding Risk & Rehab™ capabilities to prioritize capital projects; deeper integrations with partner systems such as Esri ArcGIS, Trimble, and OpenGov; and new workflows to help utilities meet regulatory and consent decree obligations on faster timelines and at lower costs.

Shea & Company, LLC served as the exclusive financial advisor to SewerAI in this transaction. This software-focused investment bank has practices in government technology and construction technology, and has previously advised companies such as First Due, Granicus, and OpenGov.

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