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 & MaterialsEnergy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Imubit Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$32.32 M (USD)
in 2 rounds
-
Latest Funding Round
$30 M (USD), Series A
Aug 16, 2021
-
Investors
Zeev Ventures
& 3 more
-
Employee Count
67
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Imubit
Imubit offers a comprehensive portfolio of products and services, including Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications. 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 tool for closed-loop optimization in industrial processes
Platform for AI applications in energy and manufacturing
Applications for deep learning in industrial settings
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $30.0M
-
First Round
First Round
(23 Dec 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - Imubit | Valuation | Zeev Ventures | |
| Dec, 2016 | Amount | Seed - Imubit | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Investments in early-stage startups are made by Zeev Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on SaaS companies
|
Founded Year | Domain | Location | |
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Imubit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Imubit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Imubit Comparisons
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. 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 |
Cloud-based AI platform monitors chemical plant operations.
|
|
| domain | founded_year | HQ Location |
Oil and gas transportation operations and workflows management solution
|
|
| domain | founded_year | HQ Location |
Software platform for real-time proppant delivery management in oilfields and supply chains.
|
|
| domain | founded_year | HQ Location |
Digitalization solutions for chemical industry operations are provided.
|
|
| domain | founded_year | HQ Location |
Alkali monitoring technologies and services for corrosion management are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Imubit
Frequently Asked Questions about Imubit
When was Imubit founded?
Imubit was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Imubit located?
Imubit is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Imubit a funded company?
Imubit is a funded company, having raised a total of $32.32M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.32M, raised on Dec 23, 2016.
How many employees does Imubit have?
As of Dec 31, 2022, the latest employee count at Imubit is 67.
What does Imubit do?
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.
Who are the top competitors of Imubit?
Imubit's top competitors include ControlRooms, Energy Solutions International and Shanghai Yigong Tongzhi Information Technology.
What products or services does Imubit offer?
Imubit offers Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications.
Who are Imubit's investors?
Imubit has 4 investors. Key investors include Zeev Ventures, Spider Capital, Upwest, and Insight Partners.