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Andium
An End-to-End Industrial Internet of Things Platform
About Andium
Andium is an industrial IoT company that provides an end-to-end platform for remote monitoring and automation, primarily for the oil and gas industry. The company offers a suite of products designed to enhance operational efficiency and environmental compliance. These products include solutions for tank telemetry, which allows for the remote visualization of fluid levels in storage tanks, and flare emissions monitoring to track and alert for excessive flaring, smoke, or pilot light outages, assisting with regulatory adherence like Method 22.
Andium also provides high-speed internet connectivity at the wellhead for field operators and has a focus on methane reduction, which is becoming a significant regulatory concern. A key product is Andium InSite, a smart camera system for wellsite monitoring that uses AI-powered automation to provide real-time insights. The company's business model appears to be centered on selling integrated hardware and software solutions to energy companies. Recently, Andium raised $21.7 million in a Series B funding round led by Aramco Ventures, with the stated goal of helping companies reduce greenhouse gas emissions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- New York City, United States
- Employees
- 42
- Open positions
- 4
- Dealroom signal
- 73.3/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Hard Tech, DT and LS
- Technology
- Deep Tech, IoT InternetOfThings
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Oct 2025 | $4.1M | $109M | Bapco Energies | ↗ |
| SERIES B✓Equity / VC | Oct 2024 | $22M | $87M | Climate Investment · Aramco Ventures · Thomas G Miglis · Intrepid Financial Partners | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Andium is 1.7K monthly website visits, down 52.8% over the last three months. Andium's team grew 2.4% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Talis Capital
Series A6 investors entered at this stage
BACKED VC
Idris Ayodeji Bello
Climate Investment
Thomas G Miglis
Aramco Ventures
Intrepid Financial Partners
Series B and later1 investor entered at this stage
Bapco Energies
Other known investors1 additional known investor
LoftyInc Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Andium on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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