|
An oil-industry-IoT startup a day keeps the FOMO away.
|
Startup of the Year: Daily Dealflow
The Daily Dealflow™ delivers one vetted startup to your inbox every work day.
Startup of the Year™ is a global competition, worldwide community, and resource for founders. We discover and support the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, events, and more.
|
Dynacloud
Dynacloud is an energy IoT company that creates “intelligent oilfields” through digital automation, A.I., and smart grid technologies.
|
|
Dynacloud provides integrated hardware, software, A.I., and cloud solutions that bring real-time visibility and analytics to the oil and gas industry. The opportunity is two-fold; the oil industry has been anemic to adopt digital technologies and is still using oil well control technology from the 1960’s. Secondly, the industry needs to become profitable or risk further abandonment by institutional investors.
Dynacloud is a turnkey solution to both pain points; advanced A.I. software provides cutting edge technology that has proven results that are reducing operating expenses for E&P’s.
|
What's Innovative About Their Solution?
The Dynacloud system connects an oil well (or any machinery) to the cloud and has A.I. that provides optimization and automation. The company’s newly developed smart grid technologies allow machinery to intelligently manage power demand and peak shave. Customers are benefiting from lower operating expenses, increased staff efficiency and increased oil production (revenue).
|
⚙️ Product Stage
Alpha—Public
|
|
Industries
Energy tech, IoT, Automation, A.I.
|
|
|
🤑 Fundraising Status
Actively raising
|
|
💸 Total Funding
To Date
$100k-500k
|
|
🙌 Executive Demographics
Minority
|
|
|
Big Wins
- Pilot sales programs to five customers
- Systems installed in four oil basins
- Recently participated in head-to-head sales pitch against three main competitors and won (20 well project in Oklahoma)
|
Contact the Founder:
Tim Krebs
|
|
Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. |
|
The Daily Dealflow is made possible thanks to the support of our amazing partners.
|
Do you travel for business? American Airlines® has a free, special offer for our friends – companies who enroll in their Business Extra program can earn up to 600 bonus Business Extra points. The program allows your travelers to earn their AAdvantage® miles while collectively earning Business Extra points for the business.
|
|
|
Startup of the Year is powered by Established, a consultancy focused on helping organizations with their innovation, startup, and communication strategies.
Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), we're leveraging decades of experience to help our collaborators further (or create) their brand & accomplish their most important goals.
|
|
Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
|
|
|
|
|
