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
- 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
43rd among 323 active competitors
Employee Count
36 as on Jun 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 | ₹10 - ₹50 Cr (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 | 6927398 | Seed | 2904026 | 6230829 | 4045811 | 1149815 |
View details of Amnic's funding rounds and investors
Amnic's founders and board of directors
Founder? Claim ProfileThe founders of Amnic are Ankit Bhati and Satya Narayanan Nagarajan.
Here 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: 3 email addresses
- 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, 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 |
View details of Amnic's Founder profiles and Board Members
Amnic's employee count trend
Amnic has 36 employees as of Jun 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, Spendflo and Orb. 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 | Spendflo 2020, San Francisco (United States), Series A | AI-native procurement platform for managing SaaS and vendors | $15.4M | 69/100 | |
3rd | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 69/100 | |
4th | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 68/100 | |
5th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
6th | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 67/100 | |
7th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
9th | BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
10th | Developer of software for cloud and artificial intelligence cost optimization | $96M | 64/100 | ||
43rd | Amnic 2021, San Francisco (United States), Seed | Developer of AI agent platform for cloud cost management automation | $20M | - | 47/100 |
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.
Reports related to Amnic
Here is the latest report on Amnic's sector:
News related to Amnic
•
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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