Fundraising Fox

Imandra

Austin, US · Founded 2019 · Delaware corporation · 16 employees on LinkedIn · 5 known investors

Imandra builds CodeLogician, a neurosymbolic AI tool that translates source code into formal mathematical models to prove code properties, find bugs, and generate test cases. It integrates with AI coding assistants and targets software developers and regulated industries such as finance through its Imandra Universe reasoning ecosystem.

Founders & leadership

Imandra was founded in 2019 by Grant Passmore and Denis Ignatovich.

GPGrant Passmore
Grant PassmoreinCo-Founder and Co-CEO
DIDenis Ignatovich
Denis IgnatovichinCo-Founder and Co-CEO | We're hiring!
KS
Krishna SrinivasanNamed on SEC filing

Board

ESEd Stacey
Ed StaceyinBoard directorManaging Partner at IQ Capital

Investors · 5

Reported raises · per SEC filings

Form D private placements

$9.9M disclosed across 3 rounds · 2019–2021

$5MraisedSep 2021 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Denis IgnatovichExecutive Officer, Director
  • Grant PassmoreExecutive Officer, Director
  • Michael WalshDirector
Offering amount
$5M
Amount sold
$5M
First sale
Aug 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.9MraisedApr 2019 · 25 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Krishna SrinivasanDirector
  • Grant PassmoreExecutive Officer, Director
  • Denis IgnatovichExecutive Officer, Director
  • Ed StaceyDirector
Offering amount
$4.9M
Amount sold
$4.9M
First sale
Apr 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2raisedMar 2019 · 21 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Grant PassmoreExecutive Officer, Director
  • Denis IgnatovichExecutive Officer, Director
Offering amount
$2
Amount sold
$2
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 5

by search overlap
Netezza5 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Arize4 shared keywordsArize provides observability and evaluation tools for AI systems and large language models, enabling development teams to monitor, debug, and improve AI agents in production.
SigNoz4 shared keywordsSigNoz provides observability and monitoring tools that help DevOps engineers and developers reduce noise and extract actionable signals from their systems. The platform serves engineering teams working with microservices and distributed systems.
Solace4 shared keywordsSolace provides an event-driven platform for streaming and distributing real-time data across applications, equipment, and services, supporting integrations across multiple protocols and programming languages. It serves banks and capital markets, manufacturers, retailers, and transportation/logistics operators such as airlines, airports, and ports.
Ansira3 shared keywordsAnsira offers a unified, AI-infused platform combined with human expertise for brand-to-local marketing, covering partner marketing, incentive management, local demand generation, and customer engagement. It serves large brands that sell through complex partner and channel networks across more than 10 industries.

Companies competing with Imandra for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. NavyNavyPhase I2020$147.3K
U.S. Air ForceAir ForcePhase I2020$45.4K
U.S. Air ForceAir ForcePhase I2019$46.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Imandra do?
Imandra builds CodeLogician, a neurosymbolic AI tool that translates source code into formal mathematical models to prove code properties, find bugs, and generate test cases. It integrates with AI coding assistants and targets software developers and regulated industries such as finance through its Imandra Universe reasoning ecosystem.
Who founded Imandra?
Imandra was founded by Grant Passmore, Denis Ignatovich in 2019.
Who are Imandra's investors?
Imandra's investors include AlbionVC, Anthemis Venture, Green Visor Capital, IQ Capital, LiveOak Venture Partners.
How much funding has Imandra raised?
Imandra has disclosed $9.9M raised across 3 rounds.
Where is Imandra headquartered?
Imandra is headquartered in Austin, US.