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Company profile: Andium

1.1 - Company Overview

Andium Logo

Andium

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

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 Logo

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
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Viconics Technologies company profile →
Maritech Logo

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: ●●
View full Maritech company profile →
Net2Grid Logo

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: ●●
View full Net2Grid company profile →
Xirgo Global Logo

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 Logo

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 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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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4.3 - M&A Transactions similar to Andium

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Andium

What does Andium do?

Andium is a 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.

Who are Andium's competitors?

Andium's competitors and similar companies include Viconics Technologies, Maritech, Net2Grid, Xirgo Global, and Restore.

Where is Andium headquartered?

Andium is headquartered in United States.

How many employees does Andium have?

Andium has 1,000 employees 🔒.

When was Andium founded?

Andium was founded in 2010 🔒.

What sector and industry vertical is Andium in?

Andium is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Andium

Who are the top strategic acquirers in Andium's sector and industry

Top strategic M&A buyers and acquirers in Andium's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Andium?

Top strategic M&A buyers groups and sectors for Andium include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Andium's sector and industry vertical

Which are the top PE firms investing in Andium's sector and industry vertical?

Top PE firms investing in Andium's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Andium's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Andium's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Andium's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Andium include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Andium's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Andium?

The key public trading comparables and valuation benchmarks for Andium include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Andium for public valuation benchmarks?

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What are recent M&A transactions in Andium's sector and industry vertical?

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What are recent capital raises and funding rounds in Andium's' sector and industry vertical?

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