Andium

New York, United States Founded: 2014 • Age: 12 yrs
Computing devices for oil and gas data management are developed.
Annual revenue - Latest available
Total funding $51.4M 7 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors 6 Brand Intelligence

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
  • Sectors
    Energy & Utilities
    Technology
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Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • 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

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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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.

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Primary

AI-powered device for real-time wellsite monitoring and emissions detection

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Real-time system for tracking production levels and preventing issues

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Detection system for flare stack malfunctions to ensure compliance

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Technology to identify methane leaks at their source quickly

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Automated detection of liquid leaks to enhance operational safety

People of Andium

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Husam I.
Senior Embedded Engineer
People
Jory S.
Founder and CEO
People
Jatan Pathak
Chief Operating Officer
People
Matt Ball
Cloud Architect & Team Lead

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are targeted for investment by Aramco Ventures.
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Venture capital fund investing in tech startups
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AlphaSource Advisors is engaged in sustainable impact investment advisory.
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Investor details for Andium

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Investments & Acquisitions by Andium

Investments
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Investment portfolio details for Andium

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  • Transaction dates
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Financial Statements - Andium

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Detailed financials for Andium

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Andium Comparisons

Andium Primary company
Description
Computing devices for oil and gas data management are develo...
Location
New York, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Andium

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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Wireless sensor monitoring solutions are offered for construction sites.
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Provider of web-based remote asset monitoring solutions for the oil and gas industry
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SaaS solutions for oil and gas data management are offered.
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Software solutions for oil and gas operations visualization are provided.
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Provider of production planning and supply chain software solutions
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Detailed competitors of Andium

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Latest news on Andium

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Complete news archive for Andium

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Andium

Andium was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Andium is headquartered in New York, United States. It is registered at New York, New York, United States.

Jory S is the current CEO of Andium. They have also founded this company.

Andium is a funded company, having raised a total of $51.44M across 7 funding rounds to date.

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.

Andium's top competitors include Brickeye, Visavi and KBC.

Andium offers InSite, Tank Monitoring, Flare Monitoring, Methane Monitoring, and Liquid Leak Detection.

Andium has 8 investors. Key investors include Aramco Ventures, Climate Investment, Intrepid Financial Partners, Tom Miglis, and Oil and Gas Climate Initiative.

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