Emerald Realizes Successful Exit from SewerAI
Summary
Emerald Technology Ventures has exited its investment in SewerAI after the company received a strategic investment led by JMI Equity. SewerAI provides an AI-powered platform that helps utilities and infrastructure operators inspect, assess, and rehabilitate underground infrastructure. The company says it now serves more than 2,000 cities and infrastructure organizations managing aging sewer networks. The deal highlights continued demand for AI-driven infrastructure software and signals further growth for SewerAI under its new backers.
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Data Management
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SaaS
Infrastructure Software
Construction Software
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SewerAI
$1M to $5M