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
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Sectors
TechnologyEnergy & Utilities
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Phone
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Website
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Social
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $6.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2020 | Amount | Series A - Myst AI | Valuation | Valo Ventures | |
| Jun, 2018 | Amount | Seed - Myst AI | Valuation | Gradient Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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 |
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Venture capital funding is offered by Valo Ventures.
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Myst AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Myst AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Myst Ai Comparisons
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. 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 |
Energy markets are modeled and simulated through specialized software tools.
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| domain | founded_year | HQ Location |
Machine learning analytics for power industry forecasting are developed.
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| domain | founded_year | HQ Location |
Quantitative models for energy analytics and risk are provided.
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| domain | founded_year | HQ Location |
Machine learning platform is utilized to optimize utility operations.
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| domain | founded_year | HQ Location |
Modelling and predictive analytics tools for the industrial sector
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Myst Ai
Frequently Asked Questions about Myst AI
When was Myst AI founded?
Myst AI was founded in 2018.
Where is Myst AI located?
Myst AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Myst AI?
Pieter Verhoeven is the current CEO of Myst AI. They have also founded this company.
Is Myst AI a funded company?
Myst AI is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 01, 2018.
What does Myst AI do?
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.
Who are the top competitors of Myst AI?
Myst AI's top competitors include Energy Exemplar, cQuant and Gaiascope.
Who are Myst AI's investors?
Myst AI has 3 investors. Key investors include Snowflake, Valo Ventures, and Gradient Ventures.