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Amnic - About the company

Amnic is a seed company based in San Francisco (United States), founded in 2021 by Ankit Bhati and Satya Narayanan Nagarajan. It operates as a Developer of AI agent platform for cloud cost management automation. Amnic has raised $20M in funding. The company has 323 active competitors, including 65 funded and 29 that have exited. Its top competitors include companies like Apptio, Spendflo and Orb.

Company Details

Developer of AI agent platform for cloud cost management automation. The platform provides tools for financial reporting, anomaly detection, and cloud optimization. It offers features such as cost allocation, budgeting, and forecasting. The platform is designed for finance, engineering, and leadership teams to make business-aligned decisions.
Website
amnic.com
Social
X
Email ID
*****@amnic.com
Registered Address
#372, 2nd Floor, 100ft Road, SK Karim Khan Road, lndiranagar, Bangalore, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038
Key Metrics
Founded Year
2021
Location
San Francisco, United States
Stage
Seed
Total Funding
$20M in 1 round
Latest Funding Round
Ranked
Employee Count
36 as on Jun 30, 2026
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Amnic's funding and investors

Amnic has raised a total funding of $20M over 1 round.

Here is the list of recent funding rounds of Amnic:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 07, 2022
6927398
Seed
2904026
6230829
4045811
1149815
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Amnic's founders and board of directors

Founder? Claim Profile
The founders of Amnic are Ankit Bhati and Satya Narayanan Nagarajan.
Here are the details of Amnic's key team members:

Amnic's Board of Directors

Amnic's board has 3 active members. Ankit Bhati, Satya Narayanan Nagarajan and Nimish Joshi are part of team.
Here is the list of Amnic's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 2m
Team
-
Current
5y 2m
Team
-
Current
4y 5m

Amnic's employee count trend

Amnic has 36 employees as of Jun 26. Here is Amnic's employee count trend over the years:
Employee count trend for Amnic
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Amnic's Competitors and alternates

Top competitors of Amnic include Apptio, Spendflo and Orb. Here is the list of Top 10 competitors of Amnic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Apptio
Apptio
2007, Bellevue (United States), Acquired
Cloud spend management platform for enterprises
$136M
75/100
2nd
Logo for Spendflo
Spendflo
2020, San Francisco (United States), Series A
AI-native procurement platform for managing SaaS and vendors
$15.4M
69/100
3rd
Logo for Orb
Orb
2019, San Francisco (United States), Acquired
Platform offering infrastructure monitoring solutions
$44.1M
69/100
4th
Logo for Zluri
Zluri
2020, San Francisco (United States), Series B
Provider of SaaS management, access management, and access review solutions
$32.5M
68/100
5th
Logo for Zylo
Zylo
2015, Indianapolis (United States), Series C
Platform offering SaaS applications management solutions
$72.5M
68/100
6th
Logo for Vendr
Vendr
2018, Boston (United States), Acquired
Provider of software pricing data and negotiation insights for buyers
$216M
67/100
7th
Logo for Flexera
Flexera
2008, Itasca (United States), Acquired
Provider of IT management solutions for cloud, SaaS, and data centers
$5.76M
66/100
8th
Logo for Sastrify
Sastrify
2020, Cologne (Germany), Acquired
AI-powered platform designed for IT teams to manage software
$45.3M
65/100
9th
Logo for BetterCloud
BetterCloud
2011, New York City (United States), Series G
SaaS applications management solutions provider
$187M
64/100
10th
Logo for PointFive
PointFive
2023, Tel Aviv-Yafo (Israel), Series B
Developer of software for cloud and artificial intelligence cost optimization
$96M
64/100
43rd
Logo for Amnic
Amnic
2021, San Francisco (United States), Seed
Developer of AI agent platform for cloud cost management automation
$20M
-
47/100
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Amnic's Investments and acquisitions

Amnic has made no investments or acquisitions yet.

Reports related to Amnic

Here is the latest report on Amnic's sector:

News related to Amnic

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