About Ruths.ai
Ruths.ai is a company based in Houston (United States) founded in 2013. Ruths.ai has raised $5 million across 1 funding round from investors including SCF Partners. The company has 8 employees. Ruths.ai operates in a competitive market with competitors including Cognite, Enverus, Kayrros, Akselos and Maana, among others.
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Oct 2018
- Investors
- Employee Count8
Funding Insights of Ruths.ai
Ruths.ai has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in October 2018. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Oct 2018)
- Investors Count 1
All 1 funding rounds of Ruths.ai 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 |
|---|---|---|---|---|---|
| Oct 2018 | $5M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Ruths.ai
Ruths.ai has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SCF Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides capital, strategy, and network to energy entrepreneurs for building companies globally. | 1989 | scfpartners.com | Houston, United States |
Investor details for Ruths.ai
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People of Ruths.ai
6 people are tracked at Ruths.ai (4 in leadership, 1 in board & advisors, 1 in team); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
Derek Ruths | Chief Architect | Leadership |
Troy Ruths | Founder & CEO | Leadership |
Kyle LaMotta | VP of Analytics | Leadership |
Amanda Ruths | Director of Customer Success | Leadership |
Gene Minnich | Board Member | Board & advisors |
Nathan Meehan | Senior Advisor for Reserves and Emissions | Team |
Complete people profiles for Ruths.ai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Ruths.ai
2 dated milestones of Ruths.ai across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ruths.ai is founded.
- Funding First funding round of $5.0M.
Competitors of Ruths.ai
Ruths.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 Cognite, Enverus, Kayrros, Akselos and Maana, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cognite.com | 2016 | Lysaker, Norway | $225M | – | AI-based software for production data analysis and collaboration is provided. | |
| cortex.net | 1999 | Calgary, Canada | – | 24 | Accounts payable and receivable solutions are provided for businesses. | |
| kayrros.com | 2016 | Paris, France | $83.88M | – | Environmental footprints are measured via satellite imagery and AI analysis. | |
| akselos.com | 2010 | Lausanne, Switzerland | $28.7M | – | Cloud-based platform for operational simulation and predictive analytics is offered. | |
| maana.io | 2012 | Palo Alto, United States | $90.22M | 107 | Analytics and knowledge graph platform is offered for multi-industry applications. | |
| lone-star.com | 2006 | Addison, United States | – | 116 | Predictive and prescriptive analytics are delivered to the industrial sector. | |
| delfos.energy | 2016 | Barcelona, Spain | $8.21M | – | AI-based monitoring for renewable energy plants is provided. | |
| oilx.co | 2018 | London, United Kingdom | $2.2M | 22 | Oil data analytics and market intelligence solutions are provided. | |
| welligence.com | 2016 | Houston, United States | $41M | – | AI-based decision support software is offered for asset analysis. | |
| nlacoustics.com | 2015 | Helsinki, Finland | – | – | Provider of acoustics based predictive maintenance solutions |
Detailed competitors of Ruths.ai
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Latest news on Ruths.Ai
Complete news archive for Ruths.ai
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Similar companies to Ruths.ai
10 companies that operate in the same segment as Ruths.ai (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about Ruths.ai
Ruths.ai was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Ruths.ai is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Ruths.ai is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Oct 2018.
Ruths.ai has 8 employees.
Ruths.ai was founded in 2013 and is based in Houston, United States. Operations focus on the Oil and Gas sector, where data analytics and visualization solutions for TIBCO Spotfire are developed. Modular applications, including 3D subsurface visualization, type curve analysis, SharePoint connectors, and well log tools, are offered to manage and analyze data from diverse sources. These services support visualization and integration across industry workflows.
Ruths.ai has 1 investor. Key investors include SCF Partners.
Ruths.ai operates through Ruths Analytics And Innovation L.