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 $19.2M in funding from AirTree. The company has 1147 active competitors, including 189 funded and 83 that have exited. Its top competitors include companies like Kayrros, Cognite and Ambarella.
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
$19.2M in 4 rounds
Latest Funding Round
Ranked
40th among 1147 active competitors
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 | Documents |
|---|---|---|---|---|
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 $19.2M 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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2022 | 4423341 | Series B | 4304786 | 8406100 | 5142232 | 9550300 |
Jan 06, 2021 | 8534914 | Series A | 1011176 | 5095999 | 1795804 | 5233934 |
Feb 2017 | 6190818 | Seed | 8801567 | 9333768 | 6506466 |
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
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Abyss Solutions's Competitors and alternates
Top competitors of Abyss Solutions include Kayrros, Cognite and Ambarella. 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 | Provider of industrial artificial intelligence and data management platform solutions | $225M | 69/100 | ||
3rd | Ambarella 2004, Santa Clara (United States), Public | Manufacturer of AI-enabled image processors | $15.4M | 69/100 | |
4th | Planys Technologies 2015, Chennai (India), Series B | Provider of marine underwater robotics inspection platform | $21.4M | 68/100 | |
5th | Enverus 1999, Austin (United States), Acquired | Business intelligence software for multiple industries | - | 66/100 | |
6th | Provider of AI-based mapping systems generating high-definition vector data | $12.6M | 66/100 | ||
7th | Rovco 2015, Bristol (United Kingdom), Deadpooled | Provider of AI-driven ROVs and services for inspection of ships | $38.5M | 66/100 | |
8th | Robotemi 2016, United States, Series C | Robotics company specializing in AI-powered autonomous robots for various industries | $95M | 65/100 | |
9th | Developer of visual search technology for product and spare part identification | $10.8M | 65/100 | ||
10th | Provider of autonomous underwater vehicles and data analytics platform services | $3.44M | 63/100 | ||
40th | Abyss Solutions 2014, Pyrmont (Australia), Series B | Provider of autonomous inspection solutions for critical infrastructure and assets | $19.2M | 53/100 |
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Abyss Solutions's Investments and acquisitions
Abyss Solutions has made no investments or acquisitions yet.
News related to Abyss Solutions
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Abyss Solutions Signs Research and Development Contract with PetrobrasPR Newswire•Feb 03, 2025•Abyss Solutions, Petrobras
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Abyss Solutions Signs Research and Development Contract with PetrobrasMiningstockeducation•Feb 03, 2025•Abyss Solutions, Petrobras
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Energy sector infrastructure inspection scale-up raises $15 millionStartup Daily•Nov 21, 2022•Abyss Solutions, AirTree, Australian Retirement Trust, University of Sydney and 5 others
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