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Imubit - About the company

Imubit is a series A company based in Palo Alto (United States), founded in 2015 by Gilad Cohen and Meir Tseitlin. It operates as a Developer of artificial intelligence solutions for process optimisation in industries. Imubit has raised $50M in funding from Zeev Ventures. The company has 80 active competitors, including 7 funded and 5 that have exited. Its top competitors include companies like ControlRooms, Knowde and Energy Solutions International.

Company Details

Developer of artificial intelligence solutions for process optimisation in industries. The business provides artificial intelligence solutions that integrate with existing process controls infrastructure. The company’s solutions are designed to maximise operational efficiency. It serves industries such as oil and gas, chemicals, and materials.
Website
imubit.com
Social
X
Registered Address
3737 Buffalo Speedway, Suite 500 Houston, TX 77098
Key Metrics
Founded Year
2015
Location
Palo Alto, United States
Stage
Series A
Total Funding
$50M in 2 rounds
Latest Funding Round
Ranked
Employee Count
176 as on Jul 31, 2026
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Imubit's funding and investors

Imubit has raised a total funding of $50M over 2 rounds. Its first funding round was on Dec 23, 2016. Its latest funding round was a Series A round on Aug 16, 2021 for $*****. 4 investors participated in its latest round. Imubit has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Imubit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 16, 2021
1901712
Series A
4247597
1763591
5665724
2056908
Dec 23, 2016
3305359
Seed
5413132
7787002
6499812
9285238
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Imubit's founders and board of directors

Founder? Claim Profile
The founders of Imubit are Gilad Cohen and Meir Tseitlin.
Here are the details of Imubit's key team members:

Imubit's Board of Directors

Imubit's board has 4 active members. Gilad Cohen, Meir Tseitlin, Michael Neril and Nadav Cohen are independent board members.
Here is the list of Imubit's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
9y 8m
wuihbeq
Independent board member
-
Current
2y 9m
rhfdwif
Independent board member
-
Current
1y 5m
chxdzgt
Independent board member
-
Current
4y 6m

Imubit's employee count trend

Imubit has 176 employees as of Jul 26. Here is Imubit's employee count trend over the years:
Employee count trend for Imubit
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Imubit's Competitors and alternates

Top competitors of Imubit include ControlRooms, Knowde and Energy Solutions International. Here is the list of Top 10 competitors of Imubit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ControlRooms
ControlRooms
2021, Austin (United States), Series A
Cloud-based monitoring platform for operators
$13.8M
57/100
2nd
Logo for Imubit
Imubit
2015, Palo Alto (United States), Series A
Developer of artificial intelligence solutions for process optimisation in industries
$50M
56/100
3rd
Logo for Knowde
Knowde
2017, San Francisco (United States), Series C
Provider of a platform for chemical industry data management solutions
$146M
50/100
4th
Software and engineering powerhouse driving innovation for a sustainable world
$674K
34/100
5th
Logo for PropDispatch
PropDispatch
2014, Houston (United States), Unfunded
Provider of solutions for proppant logistic management
-
-
34/100
6th
Logo for TRU
TRU
1996, Hattiesburg (United States), Early Stage
Offers digital data collection and asset tracking solutions for midstream operators
$1.7M
-
33/100
7th
Logo for Intelligent Mapping
Intelligent Mapping
2020, Park City (United States), Seed
Provider of intelligent mapping solutions for underground systems
$2.08M
-
32/100
8th
Provider of chemical industry digitalization solutions
-
32/100
9th
Logo for Lurgi
Lurgi
1977, Frankfurt Am Main (Germany), Acquired
Provider of solutions for process engineering and plant contracting
-
-
32/100
10th
Logo for Trellis
Trellis
2010, San Francisco (United States), Unfunded
Provider of natural gas transaction management software
-
-
30/100
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Imubit's Investments and acquisitions

Imubit has made no investments or acquisitions yet.

Reports related to Imubit

Here is the latest report on Imubit's geography:

News related to Imubit

Media has covered Imubit for a total of 2 events in the last 1 year, 2 of them have been about partnerships.
Imubit launches AI optimisation solutionhydrocarbonengineering.comSep 25, 2024Imubit
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