Tech Company Financing Transactions

Ambyint Funding Round

Ambyint closed a $15 million Series B funding round on 2/5/2020. Investors included Cottonwood Venture Partners, Mercury Fund and private investors.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Cottonwood Venture Partners (Lead Investor) (Ryan Gurney)

Mercury Fund (Adrian Fortino)

Proceeds Purpose
The company intends to use the funds to extend its suite of optimization solutions beyond oil and gas producers across all wells and artificial lift systems and grow its Houston and Calgary offices.

Company Information

Company Status
Private & Independent
Artificial Intelligence
Mailing Address
2500 Summer St. 1100
Houston, TX 77007
Email Address
Ambyint has been delivering best-in-class artificial lift optimization solutions to E&P customers since 2004. The company was founded in Calgary, Alberta as Pumpwell Solutions with the mission to improve artificial lift performance and production by leveraging proprietary mathematics.
Ambyint LinkedIn Company Profile
Social Media
Ambyint Company Twitter Account
Company News
Ambyint News
Ambyint on Facebook
Ambyint on YouTube

Management Team

Email & Social
Chief Executive Officer
Alex Robart
  Alex Robart LinkedIn Profile  Alex Robart Twitter Account  Alex Robart News  Alex Robart on Facebook
Chief Financial Officer
Edwin Watson
  Edwin Watson LinkedIn Profile  Edwin Watson Twitter Account  Edwin Watson News  Edwin Watson on Facebook
Chief Operating Officer
David Zahn
  David Zahn LinkedIn Profile  David Zahn Twitter Account  David Zahn News  David Zahn on Facebook
Chief Technical Officer
Ryan Benoit
  Ryan Benoit LinkedIn Profile  Ryan Benoit Twitter Account  Ryan Benoit News  Ryan Benoit on Facebook
Chris Robart
  Chris Robart LinkedIn Profile  Chris Robart Twitter Account  Chris Robart News  Chris Robart on Facebook
VP - Engineering
Jesse Filipi
  Jesse Filipi LinkedIn Profile  Jesse Filipi Twitter Account  Jesse Filipi News  Jesse Filipi on Facebook
VP - Sales
Sean Arnold
  Sean Arnold LinkedIn Profile  Sean Arnold Twitter Account  Sean Arnold News  Sean Arnold on Facebook



Browse more venture capital transactions:

Prev: 2/5/2020: Accion Systems venture capital transaction
Next: 2/6/2020: Vineti venture capital transaction


Share this article


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary