About Andium
Andium is a company based in New York (United States) founded in 2014 by Jory S.. Andium has raised $51.44 million across 7 funding rounds from investors including Aramco Ventures, Climate Investment and Intrepid Financial Partners. Andium offers products and services including InSite, Tank Monitoring, Flare Monitoring, Methane Monitoring, and Liquid Leak Detection. Andium operates in a competitive market with competitors including Brickeye, Detechtion, Pandell, Visavi and KBC, among others.
- Headquarter New York, United States
- Founders Jory S
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Sectors
Energy & UtilitiesTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.44 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Aramco Ventures
& 7 more
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Employee Count
Employee Count
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Products & Services of Andium
Andium offers a comprehensive portfolio of products and services, including InSite, Tank Monitoring, Flare Monitoring, Methane Monitoring, and Liquid Leak Detection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered device for real-time wellsite monitoring and emissions detection
Real-time system for tracking production levels and preventing issues
Detection system for flare stack malfunctions to ensure compliance
Technology to identify methane leaks at their source quickly
Automated detection of liquid leaks to enhance operational safety
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Funding Insights of Andium
Andium has successfully raised a total of $51.44M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2025 | Amount | Series B - Andium | Valuation |
investors |
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| Oct, 2025 | Amount | Series B - Andium | Valuation |
investors |
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| Sep, 2025 | Amount | Series B - Andium | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Andium
Andium has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Aramco Ventures, Climate Investment and Intrepid Financial Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are targeted for investment by Aramco Ventures.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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AlphaSource Advisors is engaged in sustainable impact investment advisory.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Andium
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Andium
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Andium Comparisons
Competitors of Andium
Andium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brickeye, Detechtion, Pandell, Visavi and KBC, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wireless sensor monitoring solutions are offered for construction sites.
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| domain | founded_year | HQ Location |
Provider of web-based remote asset monitoring solutions for the oil and gas industry
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| domain | founded_year | HQ Location |
SaaS solutions for oil and gas data management are offered.
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| domain | founded_year | HQ Location |
Software solutions for oil and gas operations visualization are provided.
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| domain | founded_year | HQ Location |
Provider of production planning and supply chain software solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Andium
Frequently Asked Questions about Andium
When was Andium founded?
Andium was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Andium located?
Andium is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Andium?
Jory S is the current CEO of Andium. They have also founded this company.
Is Andium a funded company?
Andium is a funded company, having raised a total of $51.44M across 7 funding rounds to date. The company's 1st funding round was a Series B of $4.12M, raised on Jul 27, 2016.
What does Andium do?
Andium was founded in 2014 in New York, United States. Computing devices for real-time data management in the oil and gas sector are developed and manufactured. Offerings include video solutions, Truck WiFi for in-vehicle fleet connectivity, Flow Computer for gas volumetric flow computation via ARM-Cortex processors, and Industrial Edge for sensor monitoring and data interfacing. Operations focus on industrial Internet of Things applications for off-site communications.
What products or services does Andium offer?
Andium offers InSite, Tank Monitoring, Flare Monitoring, Methane Monitoring, and Liquid Leak Detection.
Who are Andium's investors?
Andium has 8 investors. Key investors include Aramco Ventures, Climate Investment, Intrepid Financial Partners, Tom Miglis, and Oil and Gas Climate Initiative.