Company profile: Andium
1.1 - Company Overview
Company description
- Provider of an Industrial Internet of Things (IIoT) software platform bringing modern computing intelligence to small devices and delivering real-time imagery, data analytics, and alerts. Offerings include methane leak detection, automated flare inspection and reporting, tank fluid level monitoring, asset tracking, liquid leak and oil spill detection, and smoke and fire detection.
Products and services
- Andium Tank Monitoring: Automates fluid management by monitoring fluid production levels in real time, eliminating the need for manual tank gauging, automated
- Andium Methane Monitoring: Detects methane leaks at their source, delivering real-time imagery, data analytics, and detailed views of leaking equipment, industrial-grade
- Andium Flare Monitoring: Automates the visual inspection and reporting process for flaring, monitoring flaring activity and pilot light outages, automated
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Andium
Viconics Technologies
HQ: Canada
Website
- Description: Provider of network-ready and networked communicating wall-mounted temperature controllers, offering manufacturing and installation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Maritech
HQ: Norway
Website
- Description: Provider of a cloud-based enterprise resource planning (ERP) platform for the seafood and logistics industries, enabling control, tracking, and tracing of seafood from origin to market and streamlining business processes to improve profitability.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Net2Grid
HQ: The Netherlands
Website
- Description: Provider of real-time energy disaggregation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Xirgo Global
HQ: United States
Website
- Description: Provider of automotive electronics and software solutions, including transport management systems with fuel accounting, route tracking and automated reporting; GPS tracking equipment (FMS500 ONE, FMS500 StCAN) with real-time vehicle data integration; smart car security via mobile app and adaptive alarms; vehicle sharing with phone-based reservation/unlocking; and fuel management sensors and flow meters.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Xirgo Global company profile →
Restore
HQ: Belgium
Website
- Description: Provider of award-winning energy technology focused on advanced automated demand response and demand side management, leading the European primary reserve/frequency control market and operating in ancillary services and capacity markets in France, the UK, Germany, and the Benelux; offers the FlexPond AI platform.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Restore company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Andium
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Andium
2.2 - Growth funds investing in similar companies to Andium
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4 - Top valuation comps for Andium
4.2 - Public trading comparable groups for Andium
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