Sourcewater, with a visionary slogan of "Connecting energy producers with water solutions to cut costs, ensure reliability, and protect communities," is strategically positioned at the intersection of Energy, Oil and Gas, and Water sectors. Founded in 2014 from MIT Energy Ventures, this company addresses the critical $20 billion market of water management in U.S. energy production.
By coupling water suppliers with energy producers, Sourcewater delivers a comprehensive digital platform for the sourcing, recycling, and disposal of water. This innovative approach not only reduces operational expenses but also ensures a robust water supply chain while mitigating environmental impacts associated with hydraulic fracturing. For service providers, it acts as an efficient marketing platform that significantly reduces sales costs and bolsters profitability.
Backed by a substantial $7.20M Series A investment from investors like Bison and Marubeni in 2019, Sourcewater demonstrates significant growth potential as a key player in enhancing efficiency and sustainability in energy production.
