About Tachyus
Tachyus is a company based in Palo Alto (United States) founded in 2013.. Tachyus has raised $46.92 million across 7 funding rounds from investors including Montrose Lane, Haystack Partners and Founders Fund. The company has 16 employees as of December 31, 2022. Tachyus offers products and services including Aurion and Tachyus AI Models. Tachyus operates in a competitive market with competitors including Datagration, Aker Solutions, FutureOn, 4Subsea and eDrilling, among others.
- Headquarter Palo Alto, United States
- Employees 16 as on 31 Dec, 2022
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Tachyus Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.92 M (USD)
in 7 rounds
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Latest Funding Round
$5.43 M (USD), Series B
Jun 17, 2019
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Investors
Montrose Lane
& 7 more
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Employee Count
16
as on Dec 31, 2022
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Products & Services of Tachyus
Tachyus offers a comprehensive portfolio of products and services, including Aurion and Tachyus AI Models. 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.
Platform for accounting, monitoring, forecasting, and reporting GHG emissions in industries.
AI tools for optimizing oil and gas production and reducing operational costs.
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Funding Insights of Tachyus
Tachyus has successfully raised a total of $46.92M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $5.43 million completed in June 2019. 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 7
- Last Round Series B — $5.4M
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First Round
First Round
(30 Apr 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series B - Tachyus | Valuation |
investors |
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| May, 2019 | Amount | Series B - Tachyus | Valuation | Montrose Lane |
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| Oct, 2016 | Amount | Series A - Tachyus | Valuation | Haystack Partners , Founders Fund |
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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 |
investors |
Investors in Tachyus
Tachyus has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Montrose Lane, Haystack Partners and Founders Fund. 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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Founded Year | Domain | Location | |
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Consumer and enterprise software is invested in by Haystack Partners.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Tachyus
| 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 - Tachyus
| 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 |
investors |
Tachyus Comparisons
Competitors of Tachyus
Tachyus 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 Datagration, Aker Solutions, FutureOn, 4Subsea and eDrilling, 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 |
AI-driven analytics solutions are provided for oil and gas companies.
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| domain | founded_year | HQ Location |
Diversified solutions for oil and gas operations are provided worldwide.
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| domain | founded_year | HQ Location |
Cloud-based digital twin software is provided for oilfield asset management.
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| domain | founded_year | HQ Location |
Subsea well management and monitoring solutions
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| domain | founded_year | HQ Location |
3D simulation-based well-drilling software is developed for training and operations.
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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 Tachyus
Frequently Asked Questions about Tachyus
When was Tachyus founded?
Tachyus was founded in 2013.
Where is Tachyus located?
Tachyus is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Tachyus a funded company?
Tachyus is a funded company, having raised a total of $46.92M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 30, 2013.
How many employees does Tachyus have?
As of Dec 31, 2022, the latest employee count at Tachyus is 16.
What does Tachyus do?
Tachyus was founded in 2013 in Palo Alto, United States, and operates in the oil and gas sector. AI-driven hardware and software are supplied to optimize oil production processes. Sensors and mobile applications are offered for recording and analyzing well data by producers. Wireless data collection on production aspects is enabled through additional hardware and software, with monitoring supported via iPads or web applications.
Who are the top competitors of Tachyus?
Tachyus's top competitors include Datagration, OpSens and Aker Solutions.
What products or services does Tachyus offer?
Tachyus offers Aurion and Tachyus AI Models.
Who are Tachyus's investors?
Tachyus has 8 investors. Key investors include Montrose Lane, Haystack Partners, Founders Fund, Focus.vc, and StartX.