Fundraising Fox

Andium

New York, US · Delaware corporation · 8 known investors

Andium builds InSite, an AI-powered smart camera and remote monitoring platform for wellsite management in the oil and gas industry. Its technology provides real-time visibility and alerts to help energy companies detect leaks, reduce fugitive emissions, and improve operational efficiency and compliance.

Founders & leadership

JS
Jory SchwachFounder

Board

GA
Ghaith AlghamdiBoard director
TG
Thomas G. MiglisBoard director
OH
Odd Harald HaugeBoard director
MV
Marc van den BergBoard director
GB
Geet BhattBoard director
GF
Greg FellBoard director

Investors · 8

Also in the syndicate · 1

Aramco

Reported raises · per SEC filings

Form D private placements

$47.3M disclosed across 4 rounds · 2017–2025

$4.1MraisedOct 2025 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ghaith AlghamdiDirector
  • Thomas G. MiglisDirector
  • Odd Harald HaugeDirector
  • Marc van den BergDirector
  • Jory SchwachExecutive Officer, Director
Offering amount
$5M
Amount sold
$4.1M
First sale
Sep 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.2MraisedFeb 2025 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jory SchwachExecutive Officer, Director
  • Ghaith AlghamdiDirector
  • Thomas G. MiglisDirector
  • Odd Harald HaugeDirector
  • Marc van den BergDirector
Offering amount
$26.4M
Amount sold
$22.2M
Placement agents
Intrepid Partners, LLC
First sale
Sep 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15.4MraisedApr 2021 · 49 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas G. MiglisDirector
  • Jory SchwachExecutive Officer, Director
  • Odd Harald HaugeDirector
  • Geet BhattDirector
  • Greg FellDirector
Offering amount
$15.5M
Amount sold
$15.4M
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.6MraisedMar 2017 · 21 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Odd Harald HaugeDirector
  • Ariel NielsenExecutive Officer
  • Thomas G. MiglisDirector
  • Jory SchwachExecutive Officer, Director
Offering amount
$6.6M
Amount sold
$5.6M
First sale
Feb 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Andium do?
Andium builds InSite, an AI-powered smart camera and remote monitoring platform for wellsite management in the oil and gas industry. Its technology provides real-time visibility and alerts to help energy companies detect leaks, reduce fugitive emissions, and improve operational efficiency and compliance.
Who founded Andium?
Andium was founded by Jory Schwach.
Who are Andium's investors?
Andium's investors include Aramco Ventures, Backed, Carbon Ventures, Climate Investment, Future matters Venture Capital, LoftyInc Capital, Talis Capital.
How much funding has Andium raised?
Andium has disclosed $47.3M raised across 4 rounds.
Where is Andium headquartered?
Andium is headquartered in New York, US.