When was Project Canary founded?

Project Canary was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Project Canary located?

Project Canary is headquartered in Denver, United States. It is registered at 1200 17th Street, Floor 26 Denver CO 80202 +1 (303) 968-1702.

Who is the current CEO of Project Canary?

William Foiles of Project Canary. They have also founded 1 company.

How many employees does Project Canary have?

As of May 31, 2026, the latest employee count at Project Canary is 76.

Is Project Canary a funded company?

Project Canary is a funded company, having raised a total of $121M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 08, 2020.

When was the latest funding round of Project Canary?

Project Canary's latest funding was a $***** Series B round on Feb 24, 2022, with participation from 6 investors. Its primary sector is Oil & Gas Tech. In United States, the Oil & Gas Tech sector has seen $370M in funding in 2026 to date.

Where does Project Canary rank among its competitors?

Project Canary ranks 2nd amongst 179 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Sunda Energy, which secured $9M in Apr, 2025.

Who are the top competitors of Project Canary?

Project Canary's top competitors include AspenTech, CSE Global and Aker Solutions. Among them, Sunda Energy secured the most recent funding round in April, 2025.

Project Canary - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of cloud-based air quality monitoring and emissions detection for upstream and midstream oil & gas. It offers environmental monitoring IoT devices that record emissions in real-time via the cloud. Product offerings include Canary X - a solution to track methane emissions, Canary S - a solar-powered air quality & meteorological monitoring system, and Suma Canister - a gas analytics solution.

Website: projectcanary.com
Social
Email ID: *****@projectcanary.com
Phone Number: +1 **********
Registered Address: 1200 17th Street, Floor 26 Denver CO 80202 +1 (303) 968-1702

Key Metrics

Founded Year

2018

Location

Denver, United States

Stage

Series B

Total Funding

$121M in 3 rounds

Latest Funding Round

Series B, Feb 24, 2022, $*****

Investors

Insight Partners & 10 more

Ranked

2^nd among 179 active competitors

Employee Count

76 as on May 31, 2026

Investment & Acquisitions

Aeris Technologies & 1 more

Similar Companies

Canacona Hydrocarbons & 4 more

View Project Canary's full profile

Project Canary is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
information International Environmental Standards, PBC CIN: - , Belgium, Active	Dec 31, 2017	-	-	-

Project Canary has raised a total funding of $121M over 3 rounds. Its first funding round was on Sep 08, 2020. Its latest funding round was a Series B round on Feb 24, 2022 for $*****. 6 investors participated in its latest round. Project Canary has 11 institutional investors.

Here is the list of recent funding rounds of Project Canary:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2022	5508009	Series B	5126393	9268130	1795016	4837243
Apr 06, 2021	8323669	Series A	6589232	8509751	7037305	4949658
Sep 08, 2020	1599367	Seed	4955244	5238175	Techstars	4082362

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View details of Project Canary's funding rounds and investors

The founders of Project Canary is William Foiles. William Foiles is the CEO of Project Canary.

Here are the details of Project Canary's key team members:

William Foiles: Co-Founder & CEO of Project Canary.

View details of Project Canary's Founder profiles and Board Members

Project Canary's employee count trend

Project Canary has 76 employees as of May 26. Here is Project Canary's employee count trend over the years:

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Top competitors of Project Canary include AspenTech, CSE Global and Aker Solutions. Here is the list of Top 10 competitors of Project Canary, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AspenTech 1981, Bedford (United States), Acquired	Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions	$100M	Advent International, White Star Capital & 4 others	73/100
2nd	Project Canary 2018, Denver (United States), Series B	Provider of cloud-based air quality monitoring and emissions detection for upstream and midstream oil & gas	$121M	Colorado Impact Fund, Insight Partners & 9 others	64/100
3rd	CSE Global 1985, Singapore (Singapore), Public	System integration and automation solutions provider	-	Samena Capital, Heliconia Capital Management ... & 1 others	57/100
4th	Aker Solutions 1841, Oslo (Norway), Acquired	Provider of diversified solutions for the oil and gas industry	-	Europa	54/100
5th	Detechtion 2000, Calgary (Canada), Acquired	Provider of asset performance management software for the oil and gas sector	-	Resurgens Technology Partners, Activate Capital	49/100
6th	SitePro 2012, San Antonio (United States), Series E	Provider of cloud-based software solutions for water and wastewater management	$16.2M	Cottonwood Venture Partners, Montrose Lane ... & 1 others	48/100
7th	ComboCurve 2017, Humble (United States), Series B	Provider of cloud-based operating solutions for the oil and gas industry	$50M	Dragoneer Investment Group, Bessemer Venture Partners ... & 1 others	42/100
8th	WellAware 2012, San Antonio (United States), Series B	Offering monitoring and management services for oil industry	$60.4M	Mitsui, Activant Capital & 8 others	41/100
9th	Aster Chemicals Energy Singapore (Singapore), Unfunded	Provider of energy, engineering, fuels, petrochemicals and sustainable products	-	-	40/100
10th	Sunda Energy 2004, London (United Kingdom), Public	Developer of gas resources involved in providing energy solutions	-	-	40/100

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Project Canary has acquired 2 companies including Aeris Technologies and Troposphere Monitoring. Project Canary has not made any investments as of now.

Here is the latest report on Project Canary's geography: