Fundraising FoxAndium
New York, US · Delaware corporation · 8 known investors
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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
Board
Investors · 8
How we know: the company's own site · funding news · oilfieldtechnology.com · Not right? Tell us
How we know: Backed's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Climate Investment's portfolio page · funding news · andium.com · Not right? Tell us
How we know: LoftyInc Capital's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$47.3M disclosed across 4 rounds · 2017–2025
▶$4.1MraisedOct 2025 · 4 investors · Other TechnologyRule 506(b)
- 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
▶$22.2MraisedFeb 2025 · 22 investors · Other TechnologyRule 506(b)
- 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
▶$15.4MraisedApr 2021 · 49 investors · Other TechnologyRule 506(b)
- 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
▶$5.6MraisedMar 2017 · 21 investors · Other TechnologyRule 506(b)
- 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
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.