Imubit

Palo Alto, United States Founded: 2015 • Age: 11 yrs
AI-driven platform for manufacturing process optimisation for chemical and oil refineries
Annual revenue - Latest available
Total funding $32.3M 2 rounds
Employees 67 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Imubit

Imubit is a company based in Palo Alto (United States) founded in 2015. Imubit has raised $32.32 million across 2 funding rounds from investors including Zeev Ventures, Spider Capital and Upwest. The company has 67 employees as of December 31, 2022. Imubit offers products and services including Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications. Imubit operates in a competitive market with competitors including ControlRooms, Energy Solutions International, PropDispatch, Shanghai Yigong Tongzhi Information Technology and Verdant Chemical Technologies, among others.

  • Headquarter Palo Alto, United States
  • Employees 67 as on 31 Dec, 2022
  • Sectors
    Chemicals & Materials
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Imubit Inc
Operational Areas
Chemicals & Materials → Industrial & Technical Services Unlock Sub-Sector Unlock Segment
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $32.32 M (USD)

    in 2 rounds

  • Latest Funding Round
    $30 M (USD), Series A

    Aug 16, 2021

  • Investors
  • Employee Count
    67

    as on Dec 31, 2022

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Products & Services of Imubit

Imubit offers a comprehensive portfolio of products and services, including Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications.

Product name locked
Category locked
Primary

AI tool for closed-loop optimization in industrial processes

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Platform for AI applications in energy and manufacturing

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Applications for deep learning in industrial settings

People of Imubit

Headcount 50-200
Employee Profiles 34
Board Members and Advisors 4
Employee Profiles
People
Roger Wilhelmi
GTM (go To Market) Lead
People
Kyle Lewis
Sales And Marketing Operations
People
John M. Milaszewski
Solutions Manager
People
Gil Cohen
CEO

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Board Members and Advisors
people
Brian Coffman
Advisor
people
Zoran Milosevic
Advisor
people
Dan Coombs
Advisor
people
Bruce Culpepper
Advisor

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Funding Insights of Imubit

Imubit has successfully raised a total of $32.32M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in August 2021. 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 Imubit

Imubit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Zeev Ventures, Spider Capital and Upwest.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in early-stage startups are made by Zeev Ventures.
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Venture capital firm focused on SaaS companies
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Investment firm scaling software and technology companies from early to late stages.
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Investor details for Imubit

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Investments & Acquisitions by Imubit

Investments
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Investment portfolio details for Imubit

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Financial Statements - Imubit

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Detailed financials for Imubit

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Imubit Comparisons

Imubit Primary company
Description
AI-driven platform for manufacturing process optimisation fo...
Location
Palo Alto, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
67
As of 2022
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Peer comparison for Imubit

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Competitors of Imubit

Imubit 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 ControlRooms, Energy Solutions International, PropDispatch, Shanghai Yigong Tongzhi Information Technology and Verdant Chemical Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based AI platform monitors chemical plant operations.
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Oil and gas transportation operations and workflows management solution
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Software platform for real-time proppant delivery management in oilfields and supply chains.
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Digitalization solutions for chemical industry operations are provided.
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Alkali monitoring technologies and services for corrosion management are provided.
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Detailed competitors of Imubit

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Latest news on Imubit

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Complete news archive for Imubit

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Frequently Asked Questions about Imubit

Imubit was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Imubit is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Imubit is a funded company, having raised a total of $32.32M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Imubit is 67.

Imubit was founded in 2015 and is based in Palo Alto, United States. An AI-driven platform is provided for process optimization in chemical and oil refinery manufacturing. Machine learning is utilized to predict future operational events automatically. The platform is built for operational users, with no requirements for data science skills, dynamic modeling, coding, or ongoing model maintenance. Operations focus on industrial applications within the energy and chemicals sector.

Imubit offers Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications.

Imubit has 4 investors. Key investors include Zeev Ventures, Spider Capital, Upwest, and Insight Partners.

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