Andium Inc.

Andium Inc.

Oil and gas remote monitoring platform

Overview

Andium Inc. provides an end-to-end industrial IoT platform for the oil and gas industry to enable remote monitoring and automation. Its offerings include tank telemetry for remote fluid level visualization and flare emissions monitoring to detect excessive flaring, smoke, or pilot outage events, supporting regulatory compliance such as Method 22. The platform also delivers field connectivity with high-speed internet at the wellhead and employs AI-powered automation through Andium InSite, a smart camera system that monitors wellsites in real time to deliver actionable insights. Andium’s business model combines hardware and software in integrated solutions sold to energy companies. The company’s focus on methane reduction aligns with regulatory concerns and industry goals, and funding support (a $21.7 million Series B led by Aramco Ventures) underscores its aim to help customers reduce greenhouse gas emissions and improve operational efficiency and compliance.

About Andium Inc.

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Industries

Data & Analytics

Industrial & Manufacturing

Energy

AI & Machine Learning

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$49.2M

Headquarters

New York City, New York

Founded

2013

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Funding

Total Funding

$49.2M

Meets

Industry Average

Funded Over

7 Rounds

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Late VC Funding Comparison
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Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Gulf Daily News
Nov 4th, 2025
BeVentures Invests in Andium for Innovation

Bapco Energies, through its new venture arm BeVentures, has made its first strategic investment in Andium, a company specializing in real-time methane detection and emissions monitoring. This investment marks the launch of Bapco Energies' corporate venture platform, highlighting its commitment to supporting global innovation for decarbonization.

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