Andium

New York, NY · Founded 2014 · Privately Held (backing)

Developer of an industrial IoT platform designed to bring intelligent software services down to the device layer. Andium is based in New York, NY and was founded in 2014. It was valued at $240 million at its later-stage round in Nov 2025, the last priced event on record. It has raised $47.5 million across 4 recorded rounds; the latest was a $4.1 million seed round in Sep 2025.

PMV mark · valuation
$240.0M
Oct 2026
Priced at
its later-stage round
Nov 2025
Total raised
$47.5M
Last round
Seed Round
Sep 2025

Andium key facts

as of Oct 2026
  • Developer of an industrial IoT platform designed to bring intelligent software services down to the device layer.
  • Andium is valued at approximately $240.0M as of Oct 2026, set at its later-stage round, Nov 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $47.5M across 4 recorded rounds; the latest was Seed Round ($4.1M) in Sep 2025.
  • Notable investors include Aramco Ventures, Climate Investment, Talis Capital, Backed, BeVentures — 11 tracked in total.
  • Andium has filed 3 Form Ds with the SEC since 2017, most recently Feb 2025 ($22.2M sold to 22 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$240.0M

Valued at $240.0M at its later-stage round, Nov 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Andium funding rounds

4 rounds
Sep 2025Seed Round$4.1MSEC filing▮
Sep 2024Early Stage VC$22.2MSEC filing▮
Apr 2021Early Stage VC$15.4MSEC filing▮
Feb 2017Early Stage VC$5.6MSEC filing▮

Andium valuation

Andium was valued at $240 million at its later-stage round in Nov 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Andium raised?

Andium has raised $47.5 million across 4 recorded rounds since 2017. The largest was a $5.6 million early-stage round in Feb 2017; the most recent was a $4.1 million seed round in Sep 2025.

Andium has filed 3 Form Ds with the SEC since 2017, most recently in Feb 2025 ($22.2 million sold to 22 investors).

Andium investors

11 investors are on record for Andium, including Aramco Ventures, Climate Investment, Talis Capital and Backed. The seed round in Sep 2025 drew 4 investors.

About Andium

Developer of an industrial IoT platform designed to bring intelligent software services down to the device layer. The company's platform uses its technology to offer an ecosystem of automated products and services that provide modern remote monitoring capabilities, without the need for heavy infrastructure, enabling businesses to reduce onsite time, manual labor and human errors.

Sector
Information Technology
HQ
New York, NY, United States
Founded
2014
Employees
42
Ownership
Privately Held (backing)

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