Myst AI

San Francisco, United States Founded: 2018 • Age: 8 yrs Acquired By Snowflake
Business intelligence solutions are offered for energy industries.
Annual revenue - Latest available
Total funding $8.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Myst AI

Myst AI is a company based in San Francisco (United States) founded in 2018 by Pieter Verhoeven and Titiaan Palazzi was acquired by Snowflake in January 2023. Myst AI has raised $8 million across 2 funding rounds from investors including Snowflake, Valo Ventures and Gradient Ventures. Myst AI operates in a competitive market with competitors including Energy Exemplar, Gaiascope, cQuant, Invenia and Optimeering, among others.

  • Headquarter San Francisco, United States
  • Founders Pieter Verhoeven, Titiaan Palazzi
  • Sectors
    Technology
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Sep 03, 2020

  • Investors
    Snowflake

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Snowflake

    (Jan 04, 2023)

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People of Myst AI

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Tyler Hoyt
Senior Software Engineer

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Teams

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Funding Insights of Myst AI

Myst AI has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in September 2020. 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 Myst AI

Myst AI has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Snowflake, Valo Ventures and Gradient Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is offered by Valo Ventures.
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Venture capital arm of Alphabet Inc. investing in AI
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Cloud-based big data warehouse for enterprise data management is provided.
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Investor details for Myst AI

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  • Investor domains
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Investments & Acquisitions by Myst AI

Investments
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Investment portfolio details for Myst AI

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  • Transaction dates
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Financial Statements - Myst AI

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Detailed financials for Myst AI

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Myst Ai Comparisons

Myst AI Primary company
Description
Business intelligence solutions are offered for energy indus...
Location
San Francisco, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Myst AI

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Competitors of Myst AI

Myst AI 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 Energy Exemplar, Gaiascope, cQuant, Invenia and Optimeering, among others.

Company Name Domain Founded year HQ Location Description
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Energy markets are modeled and simulated through specialized software tools.
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Machine learning analytics for power industry forecasting are developed.
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Quantitative models for energy analytics and risk are provided.
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Machine learning platform is utilized to optimize utility operations.
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Modelling and predictive analytics tools for the industrial sector
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Detailed competitors of Myst AI

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Latest news on Myst Ai

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Complete news archive for Myst AI

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Frequently Asked Questions about Myst AI

Myst AI was founded in 2018.

Myst AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Pieter Verhoeven is the current CEO of Myst AI. They have also founded this company.

Myst AI is a funded company, having raised a total of $8M across 2 funding rounds to date.

Myst AI was founded in 2018 and is based in San Francisco, United States. Business intelligence solutions are provided by the company for the energy sector, with operations focused on industrial risk assessment and management, threat monitoring, predictive analytics, time-series analytics, and grid management. These services support decision-making in energy-related operations across various scales.

Myst AI's top competitors include Energy Exemplar, cQuant and Gaiascope.

Myst AI has 3 investors. Key investors include Snowflake, Valo Ventures, and Gradient Ventures.

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