Amnic - About the company
Amnic is a seed company based in San Francisco (United States), founded in 2021 by Ankit Bhati, Nimish Joshi 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 254 active competitors, including 60 funded and 25 that have exited. Its top competitors include companies like Apptio, Anodot and Zluri.
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
- 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
14th among 254 active competitors
Employee Count
36 as on Apr 30, 2026
Legal entities associated with Amnic
Amnic is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AMNIC INC. CIN: 6376360 , United States, Active | Nov 09, 2021 | - | - | - |
AMNIC TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2021PTC148111 , India, Active | Jun 03, 2021 | $2.11M (As on Mar 31, 2025) | 31 (As on Dec 31, 2024) |
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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 | 4737320 | Seed | 6406349 | 1923545 | 7156154 | 4174947 |
View details of Amnic's funding rounds and investors
Amnic's founders and board of directors
Founder? Claim ProfileHere are the details of Amnic's key team members:
- Ankit Bhati: Co-Founder of Amnic and founder of 7 other companies, including Ola Wheels, OLA Electric and Mission Electric. They are also an angel investor in 21 startups and serve on the board of 1 company.Contact Info: 2 email addresses
- Nimish Joshi: Co-Founder of Amnic. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Satya Narayanan Nagarajan: Co-Founder of Amnic. They serve on the board of 1 company.Contact Info: 1 email address
Amnic's Board of Directors
Amnic's board has 3 active members. Ankit Bhati, Nimish Joshi and Satya Narayanan Nagarajan are part of team.Here is the list of Amnic's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 3m | |
Team | - | Current | 4y 11m |
View details of Amnic's Founder profiles and Board Members
Amnic's employee count trend
Amnic has 36 employees as of Apr 26. Here is Amnic's employee count trend over the years:
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Amnic's Competitors and alternates
Top competitors of Amnic include Apptio, Anodot and Zluri. Here is the list of Top 10 competitors of Amnic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
2nd | AI based cost management platform | $65.5M | 71/100 | ||
3rd | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 69/100 | |
4th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
5th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
6th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
7th | Spot 2015, San Francisco (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $63M | 65/100 | |
8th | Orb 2019, San Francisco (United States), Series B | Platform offering infrastructure monitoring solutions | $44.1M | 65/100 | |
9th | Virtana 2008, San Jose (United States), Series C | AI based infrastructure management solution | $140M | 64/100 | |
10th | BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
14th | Amnic 2021, San Francisco (United States), Seed | Developer of AI agent platform for cloud cost management automation | $20M | - | 60/100 |
Looking for more details on Amnic's competitors? Click here to see the top ones
Amnic's Investments and acquisitions
Amnic has made no investments or acquisitions yet.
News related to Amnic
Media has covered Amnic for 1 event in last 1 year, It was about company updates.
•
SaaS startup Amnic ups its game with new Agentic AI platformYourStory•May 27, 2025•Amnic, Amazon Web Services
•
Amnic Introduces Amnic AI, A FinOps OS, Powered by Context-Aware AI AgentsBusiness Wire India•May 07, 2025•Amnic
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