Ambyint
Latest round
- Series B
Last raised
- Feb 2020
Total raised
- $26M
Investors
- 4
About Ambyint
Founded in 2004 and based in Calgary, Canada, Ambyint Inc. specializes in AI-powered solutions for oil and gas production optimization. The company has undergone strategic pivots to enhance its offerings. Ambyint's leadership includes CEOs Benjamin Kemp and Milly Turner.Ambyint specializes in an AI-powered production optimization platform designed to enhance the operational efficiency of oil and gas production teams. The platform provides comprehensive solutions to optimize well performance by leveraging advanced analytics and AI technology. Key functionalities include daily well optimization, anomaly detection, and automated reporting, which together enable production operators, optimizers, and engineers to manage extensive well portfolios more effectively. Ambyint’s solutions cater to various well types, allowing clients to minimize production anomalies, reduce workloads, and extend asset life.Ambyint generates revenue through a subscription-based model, allowing clients to access its AI-driven optimization platform for their oil production needs. Clients enter into agreements that provide them with regular updates and access to advanced services, including automated well monitoring and reporting tools. The pricing structure is designed to reflect the value added by the platform, particularly the significant production gains and operational efficiencies it delivers. By utilizing a business-to-business (B2B) transaction structure, Ambyint partners directly with oil and gas companies, ensuring that they receive tailored solutions to address their specific production challenges.In November 2023, Ambyint Inc.
Who invested in Ambyint
4 investors across 2 rounds
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Questions about Ambyint
Who invested in Ambyint?
Ambyint has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ambyint raised?
Ambyint has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ambyint last raise money?
Ambyint's most recent round on record is a Series B, in Feb 2020.
What does Ambyint do?
Founded in 2004 and based in Calgary, Canada, Ambyint Inc.
Where is Ambyint headquartered?
Ambyint is headquartered in Calgary, Canada.
Which VCs invest in companies like Ambyint?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ambyint's stage. Their profiles are linked below.
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