# Imubit

**Source:** https://www.startuphub.ai/startups/imubit
**Profile type:** Startup

> AI process optimization for refineries and chemical plants to maximize profit and efficiency.

## About

Imubit provides a Closed Loop Artificial Intelligence Optimization (AIO) platform that operationalizes Coordinated Operating Strategies (COS) for the oil, gas, and chemical industries. Their AI platform helps companies maximize margins, elevate efficiency, and achieve sustainability goals by revealing tradeoffs, testing decisions with real data, and supervising execution. Imubit serves industries such as Chemicals, Petrochemicals & Polymers, Oil & Gas, Mining, Minerals & Metals, and Cement & Building Materials.

## Key facts

- **Slug:** imubit
- **Website:** http://www.imubit.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2015-01-01 00:00:00
- **Employees:** 183
- **Operating status:** Inactive
- **Total funding:** $30M
- **Sectors / tags:** Industrial, Optimization, Gas and Oil, Energy, Chemical, Plants, Industrial Automation, Process Optimization, AI Infrastructure, Energy & Climate Tech, Chemical Manufacturing, Refining, Predictive Maintenance, Sustainability, Deep Learning Process Control
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/imubit/

## Frequently asked

### What does Imubit do?

Imubit provides a Closed Loop Artificial Intelligence Optimization (AIO) platform that operationalizes Coordinated Operating Strategies (COS) for the oil, gas, and chemical industries. Their AI platform helps companies maximize margins, elevate efficiency, and achieve sustainability goals by revealing tradeoffs, testing decisions with real data, and supervising execution. Imubit serves industries such as Chemicals, Petrochemicals & Polymers, Oil & Gas, Mining, Minerals & Metals, and Cement & Bui…

### What is Imubit's revenue?

StartupHub estimates Imubit's annual revenue at $97.9M (range $52.1M to $131.9M, 64% confidence), based on comparable companies in the sector.

### What is Imubit's valuation?

StartupHub estimates Imubit's effective valuation at $124.1M (range $75.0M to $180.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Imubit raised?

Imubit has raised a total of $30M in funding. The most recent round on record is Series B.

### Where is Imubit headquartered?

Imubit is headquartered in Tel Aviv, Israel.

### When was Imubit founded?

Imubit was founded in 2015.

### What industry does Imubit operate in?

Imubit operates in Industrial, Optimization, Gas and Oil, Energy, Chemical, Plants.

### How many employees does Imubit have?

Imubit has approximately 183 people on record.

### What is Imubit's current status?

Imubit's current operating status is: Inactive.

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