• HUVRData

  Led · Series A · Oct 2020

  HUVRdata provides a cloud-based software platform that streamlines and standardizes inspection workflows for industrial asset owners and service providers. Its open platform aggregates inspection tools, third-party service data, digital checklists, and native databases into a single standardized repository. The platform enables analytics and visualization of trends across fleets, sites, and individual assets. HUVRdata serves customers in alternative energy, oil and gas, maritime, and other industrial sectors. The company intends to use the new funding to accelerate product development and continue delivering solutions and services to its customer base. The product focus is on driving operational efficiency through aggregated inspection data and actionable insights. HUVRData, founded in 2014 and led by CEO Bob Baughman, builds drone-based inspection and cloud analytics services. The company provides data intelligence to customers in wind, solar, oil and gas, and industrial agriculture. It focuses on regular, ongoing turbine assessments for wind farms to identify and diagnose damage such as cracks and lightning strikes. Over the past 1.5 years HUVR built out its technology stack and secured full FAA approval for its commercial drone applications. The company has attracted customers across its target markets. HUVR intends to use the newly raised funds to expand operations.

• Trivie

  Led · Series A · Jun 2020

  Trivie provides a training and communication platform that engages employees, automates knowledge retention, and surfaces insight into what workers know and how they feel using cognitive science, adaptive learning and gamification. The platform is used to deliver remote learning and workforce communication. Led by CEO and co‑founder Lawrence Schwartz, the company targets clients across energy, manufacturing, hospitality, healthcare, consumer goods and other industries. Trivie is based in Frisco, Texas. The company closed a $5M Series A to support growth and distribution of its remote learning technology. The funds are intended to increase the platform's reach across the industries named in its announcement.

• Ambyint

  Led · Series B · Feb 2020

  Ambyint is a Calgary, Canada–based provider of AI-powered production and artificial lift optimization software for the energy sector. Its platform helps oil and gas producers increase production, reduce operating costs, and minimize their environmental footprint. Features include the ability to quantify and mitigate both carbon dioxide and methane emissions. Led by CEO Benjamin Kemp, the company plans to use the recently raised funds to accelerate customer growth, expand energy and technology talent, and optimize product enhancements. Product enhancements specifically include expansion of its proven emissions mitigation capabilities. Financially, the company closed an undisclosed funding round led by existing investors Mercury and Montrose Lane with participation from BDC Capital and Accelerate Fund III. Ambyint provides AI-powered production and artificial lift optimization solutions that combine advanced physics-based models, subject-matter expertise, and machine learning. Its platform automates detection of production and equipment anomalies, recommends controller setpoint changes, and delivers production-versus-plan analytics. The company trains models on what it describes as the industry’s largest repository of labeled, high-resolution data totaling more than 250 million operating hours. Ambyint has deployed solutions in every major North American basin and serves mid- to large-sized operators including Equinor and Husky, reporting 10–20% margin gains while reducing operating expenses and failure rates. The company plans to extend its suite across all wells and artificial lift systems and to grow its Houston and Calgary offices. Ambyint announced a $15 million Series B to support this expansion. Ambyint combines traditional physics-based methods with artificial intelligence and machine learning to deliver an artificial lift and production optimization platform. The platform automates diagnosis, automatically adjusts operating parameters, and predicts failures to improve production performance. Customers deploy the Ambyint Production Optimization Platform with existing SCADA systems or with the company’s High Resolution Adaptive Controllers for higher-resolution data acquisition and automated control. Led by CEO Alex Robart and COO/founder Nav Dhunay, the company integrates hardware and software to enable automated control of artificial lift systems. Ambyint plans to use new funding to expand deployments in the US and Canada and to continue developing its technology platform.

• Hitched

  Led · Series A · Jan 2020

  Hitched operates a centralized marketplace for industrial rental equipment, enabling rental and service companies to host, charter, and manage equipment on a single platform. The platform supports on-demand rentals of forklifts, generators, cranes and other heavy equipment, and offers product capability evaluation, revenue summaries across assets and crew, and secure authentication and payment. Its marketplace is used by players in the oil & gas, construction, and industrial sectors. Founded in 2018 and led by CEO Adam Gilles, Hitched is based in Houston, Texas. The company said it will use the funds to accelerate product development and enhance the customer experience.

• Tachyus

  Led · Series B · May 2019

  Tachyus is a Houston-based technology company that provides data-driven production optimization software for the oil and gas industry. Its SaaS platform lets reservoir and production engineers use historical production data to build predictive models of flow in producing fields. Operators then optimize production parameters to maximize economic outcomes such as net present value or to minimize operating costs. The company, founded in 2014 by CEO Paul Orland, has customers in Argentina, Europe and Asia. Tachyus closed a $15M Series B financing led by Cottonwood Venture Partners. It intends to use the funds to reach customers and accelerate delivery of new technology to improve clients' business performance. Tachyus builds a platform to help producers optimize production across challenging onshore environments, including Enhanced Oil Recovery and shale fracking. The company is based in Los Altos, CA. According to the article, Tachyus closed a Series A round reported at $13 million led by Founders Fund. Other investors named in the report include Streamlined Ventures, Caffeinated Capital, StartX and Focus.vc. The article headline referenced $7.2M, creating a discrepancy with the $13M figure cited in the body. No operating metrics or use-of-proceeds details were disclosed in the article. Tachyus is a Palo Alto, CA-based provider of a platform to optimize energy production for the oil and gas industry. Its platform offers measurement, alerts, management, analysis and reporting tools aimed at improving energy production. The company was co-founded by Paul Orland (Chief Technology Officer), Francisco LePort (Chief Science Officer) and Dakin Sloss (Chief Executive Officer). Tachyus raised $6m in funding in a round led by Founders Fund with participation from Streamlined Ventures, Caffeinated Capital and Formation 8. The article notes the company is hiring. No revenue or user metrics are provided in the article.

No current team members are available.