Abyss Solutions - About the company
Abyss Solutions is a series B company based in Pyrmont (Australia), founded in 2014 by Abraham Kazzaz, Nasir Ahsan and Masood Naqshbandi. It operates as a Provider of autonomous inspection solutions for critical infrastructure and assets. Abyss Solutions has raised $19.3M in funding from AirTree. The company has 1364 active competitors, including 193 funded and 82 that have exited. Its top competitors include companies like Kayrros, Ambarella and Cognite.
Company Details
Provider of autonomous inspection solutions for critical infrastructure and assets. The company delivers inspection intelligence, translating asset data into actionable insights. It offers technology and expertise to help companies reduce risk and optimize performance. The company’s solutions enable preventative maintenance programs and aim to reduce carbon emissions.
- Website
- abysssolutions.co
- Email ID
- *****@abysssolutions.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2014
Location
Pyrmont, Australia
Stage
Series B
Total Funding
$19.3M in 4 rounds
Latest Funding Round
Ranked
32nd among 1364 active competitors
Employee Count
191 as on Jun 30, 2026
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Legal entities associated with Abyss Solutions
Abyss Solutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ABYSS SOLUTIONS PTY. LTD. CIN: 602698457 , Australia, Active | Nov 05, 2014 | - | - |
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Abyss Solutions's funding and investors
Abyss Solutions has raised a total funding of $19.3M over 4 rounds. Its first funding round was on Aug 28, 2015. Its latest funding round was a Series B round on Nov 21, 2022 for $*****. 2 investors participated in its latest round. Abyss Solutions has 16 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Abyss Solutions:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2022 | 3134817 | Series B | 1513939 | 8552214 | 6339189 | 7415839 |
Jan 06, 2021 | 5487090 | Series A | 9245311 | 9887178 | 4776923 | 2810454 |
Feb 2017 | 6691344 | Seed | 2711686 | 3421116 | 2921991 |
View details of Abyss Solutions's funding rounds and investors
Abyss Solutions' founders and board of directors
Founder? Claim ProfileHere are the details of Abyss Solutions' key team members:
- Abraham Kazzaz: Co-Founder & CDO of Abyss Solutions. Contact Info: 1 email address
- Nasir Ahsan: Co-Founder & CEO of Abyss Solutions.
- Masood Naqshbandi: Co-Founder of Abyss Solutions. Contact Info: 1 email address
View details of Abyss Solutions's Founder profiles and Board Members
Abyss Solutions' employee count trend
Abyss Solutions has 191 employees as of Jun 26. Here is Abyss Solutions's employee count trend over the years:
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Abyss Solutions's Competitors and alternates
Top competitors of Abyss Solutions include Kayrros, Ambarella and Cognite. Here is the list of Top 10 competitors of Abyss Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Satellite-based technology for measuring environmental footprint | $83.9M | 70/100 | ||
2nd | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
3rd | Provider of industrial artificial intelligence and data management platform solutions | $225M | 69/100 | ||
4th | Planys Technologies 2015, Chennai (India), Series B | Provider of marine underwater robotics inspection platform | $21.4M | 68/100 | |
5th | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 67/100 | ||
6th | Rovco 2016, Bristol (United Kingdom), Deadpooled | Provider of AI-driven ROVs and services for inspection of ships | $38.5M | 63/100 | |
7th | Formic 2020, Chicago (United States), Series A | Provider of robotics inspection, repair & consulting services for various industries | $59.1M | 62/100 | |
8th | PopID 2017, Los Angeles (United States), Series B | Provider of face and palm biometric identity verification gateway solutions | $18.5M | 61/100 | |
9th | Metropolis 2017, Santa Monica (United States), Series D | Developer of computer vision technology for automated vehicle parking management | $833M | 61/100 | |
10th | Pensa Systems 2011, Austin (United States), Series B | Provider of drone-based autonomous perception systems for inventory visibility | $41.7M | 61/100 | |
32nd | Abyss Solutions 2014, Pyrmont (Australia), Series B | Provider of autonomous inspection solutions for critical infrastructure and assets | $19.3M | 55/100 |
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Abyss Solutions's Investments and acquisitions
Abyss Solutions has made no investments or acquisitions yet.
Reports related to Abyss Solutions
Here is the latest report on Abyss Solutions's sector:
News related to Abyss Solutions
•
Petrobras selects Abyss Solutions to deploy autonomous inspection technology across fleetWorld Oil•Feb 04, 2025•Petrobras, Abyss Solutions
•
Abyss Solutions Signs Research and Development Contract with PetrobrasPR Newswire•Feb 03, 2025•Abyss Solutions, Petrobras
•
Abyss Solutions Signs Research and Development Contract with PetrobrasMiningstockeducation•Feb 03, 2025•Abyss Solutions, Petrobras
•
Applus+ in Australia partners with Abyss Solutions to revolutionize Non-Destructive Testing with Artificial IntelligenceBenzinga•Dec 05, 2024•Applus, Abyss Solutions
•
Australian autonomous systems company chooses Aberdeen for for European HQInsider•Dec 09, 2022•Abyss Solutions
•
Energy sector infrastructure inspection scale-up raises $15 millionStartup Daily•Nov 21, 2022•Abyss Solutions, AirTree, Australian Retirement Trust, Sydney University and 5 others
•
AI and Robotics Startup Firm Abyss Solutions Receives Demonstrator Feasibility Grant as Part of Moon to Mars InitiativeAiThority•Sep 16, 2021•Abyss Solutions
•
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