About Imubit
Imubit is a Chemicals & Materials company based in Palo Alto (United States) founded in 2015. AI-driven platform for manufacturing process optimisation for chemical and oil refineries. It operates in the Chemicals & Materials and Energy & Utilities sectors. Imubit has raised $32.32 million across 2 funding rounds from investors including Zeev Ventures, Spider Capital and Upwest. The company has 67 employees. Its website imubit.com draws about 20 thousand monthly visits. Imubit offers products and services including Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications. Its focus areas include Energy Tech, Oil & Gas Tech, Midstream and Operations Management. Its legal entity is Imubit Inc. Its competitors include ControlRooms, Energy Solutions International and PropDispatch; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Palo Alto, United States
- Employees 67
- SectorsChemicals & MaterialsEnergy & Utilities
- Website imubit.com
- Social LinkedIn X Facebook
- Legal Name Imubit Inc
- Total Equity Funding$32.32M (USD)
in 2 rounds
- Latest Funding Round$30M (USD), Series A
Aug 2021
- InvestorsZeev Ventures
& 3 more
- Employee Count67
Products & Services of Imubit
Imubit offers a comprehensive portfolio of products and services, including Optimizing Brain Solution, Industrial AI Platform, and Industrial Solution Applications.
AI tool for closed-loop optimization in industrial processes
Platform for AI applications in energy and manufacturing
Applications for deep learning in industrial settings
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 $32.32M
- Total Rounds 2
- Last Round Series A — $30M
- First Round $2.32M
(Dec 2016)
- Investors Count 4
All 2 funding rounds of Imubit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $30M | Series A | – | Zeev Ventures | |
| Dec 2016 | $2.32M | Seed | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are made by Zeev Ventures. | zeevventures.com | Palo Alto, United States | ||
Venture capital firm focused on SaaS companies | spidercapital.com | San Francisco, United States | ||
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Online platform for browsing, purchasing, and checking out products. | 2002 | upwest.com | Columbus, United States |
Investor details for Imubit
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People of Imubit
38 people are tracked at Imubit (8 in leadership, 4 in board & advisors, 26 in team); the tracked headcount is 67.
| Name | Role | Group |
|---|---|---|
Gil Cohen | CEO | Leadership |
Tim Delaney | Head of Professional Services | Leadership |
Tim Yandel | Chief Revenue Officer (cro) | Leadership |
Nicole M. | Head Of Global People Operations | Leadership |
Nadav Cohen | Chief Scientist | Leadership |
Ran Rosin | VP, Product | Leadership |
Yuval Katz | Head of HR, IL | Leadership |
Richard Borger | Global Talent Acquisition Partner | Leadership |
Brian Coffman | Advisor | Board & advisors |
Zoran Milosevic | Advisor | Board & advisors |
Dan Coombs | Advisor | Board & advisors |
Bruce Culpepper | Advisor | Board & advisors |
Dennis Sapir | Implementation Engineer | Team |
Roger Wilhelmi | GTM (go To Market) Lead | Team |
Kyle Lewis | Sales And Marketing Operations | Team |
John M. Milaszewski | Solutions Manager | Team |
Aaron Durke, P.E. | Product Team Lead | Team |
Daniel Durr | Project Manager Team Lead | Team |
Juan Avila | Senior Project Manager | Team |
Rex Tan | Product Manager | Team |
18 more people are available in the full profile.
Complete people profiles for Imubit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Imubit
3 dated milestones of Imubit across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Imubit is founded.
- Funding First funding round of $2.3M.
- Funding Latest funding round, Series A, of $30.0M.
Competitors of Imubit
Imubit has 3 listed competitors in our database, 2 of them funded. They include ControlRooms, Energy Solutions International and PropDispatch.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| controlrooms.ai | 2021 | Austin, United States | $10M | Cloud-based AI platform monitors chemical plant operations. | ||
| energy-solutions.com | 1976 | Houston, United States | $250,618 | Oil and gas transportation operations and workflows management solution | ||
| propdispatch.com | 2014 | Houston, United States | Software platform for real-time proppant delivery management in oilfields and supply chains. |
Detailed competitors of Imubit
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- Full competitor set
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Web traffic of Imubit
The website of Imubit (imubit.com) receives about 20.4K visits a month.
- Monthly visits20.4K
▲ 180% vs previous month
Top companies in Chemicals Tech
3 companies that operate in the same segment as Imubit (Chemicals Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microbe-based plant protection products and yield optimization services are provided. | 2013 | Boston, Massachusetts, United States | USD 1.4 B | 1,316 | ||
Conductive nanocoatings are delivered via atomic layer deposition technology. | 2013 | Boulder, Colorado, United States | USD 202.75 M | |||
Sustainable bio-based chemicals are manufactured using a proprietary platform. | 2016 | Houston, Texas, United States | USD 656.05 M | 133 |
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Related news about 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. The company's 1st funding round was a Seed of $2.32M, raised on Dec 2016.
Imubit has 67 employees.
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's top competitors include ControlRooms, Energy Solutions International and PropDispatch.
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.
Imubit operates through Imubit Inc.