Ambyint is a market leader in AI-powered optimization for the oil and gas industry, delivers step-change improvements to E&P production outcomes and margins.
Ambyint offers an AI-driven, artificial lift optimization solution that helps E&Ps reduce cost while improving production.
Ambyint was founded in 2004 in Calgary, Alberta, by Nav Dhunay. The company has offices and staff in Calgary, Houston, and Ann Arbor.
Ambyint integrates best-in-class physics based analytics capabilities with best-in-class data science and machine learning capabilities.
Ambyint delivers an end-to-end solution for artificial lift optimization that merges traditional physics based techniques with modern data science and analytics. The company's HRACs, is include embedded communications and the ability to remotely control your well, are designed to seamlessly integrate with existing equipment at the wellsite.
Ambyint's Production Optimization Platform (POP) provides for monitoring, operations, management, and optimization. They can deploy the software leveraging customers’ SCADA data and infrastructure or deploy in combination with their proprietary high-resolution adaptive controllers (HRACs).
Ambyint is backed by Cottonwood Venture Partners, Mercury Fund, Station Houston, GE Ventures and others. The company raised $15M in a Series B round of funding on Feb 4, 2020. This brings Ambyint's total funding to $29.1M to date.