Jeremy Arendt

Co-Founder and Managing Partner

Ryan Gurney

Co-Founder and Managing Partner

12 past transactions

HUVRData

Series A in 2020
HUVRData, LLC specializes in developing enterprise asset management software designed to enhance return on investment for asset owners through digital maintenance and inspection workflows. The company's offerings include InspectFlow, a platform for digitizing inspection checklists; ImageFlow, which processes inspection images and allows for tagging and annotating damage; and Anytime / Anywhere Forms, enabling field inspectors to document issues in real-time. Additionally, HUVRData provides a central control panel for asset management, a reporting tool for various formats, and an analytics engine that delivers actionable insights and trend analysis. The firm serves a diverse clientele, including asset owners and service providers in the renewables, oil and gas, maritime, and utility sectors, catering to Fortune 500 companies across multiple industries. Founded in 2014 and based in Austin, Texas, HUVRData focuses on facilitating digital transformation and breaking down data silos within enterprise asset management.

Trivie

Series A in 2020
Trivie, Inc. is a Frisco, Texas-based company that specializes in developing a gamification platform aimed at enhancing information retention and employee training. Founded in 2011, Trivie utilizes principles from brain science, including retrieval practice and micro-learning, to create engaging, turn-based games that cover a wide range of topics such as sports, TV, movies, history, and pop culture. By integrating adaptive learning techniques and micro-assessments, the platform helps organizations improve workforce engagement and communication while streamlining training processes. This innovative approach not only fosters a more entertaining learning experience but also enables companies to reduce training costs and enhance overall performance through better knowledge retention.

Ambyint

Series B in 2020
Ambyint Inc. is a Calgary-based company that specializes in artificial lift optimization solutions for exploration and production (E&P) companies in the oil and gas industry. Founded in 2004 and previously known as PumpWell Solutions Ltd., Ambyint offers advanced software products, including the Amplify Real-Time Controller and the Infinity Optimization Platform. These solutions leverage artificial intelligence and physics-based analytics to automate diagnostics, adjust operating parameters, and predict potential failures, thereby enhancing production and reducing operating expenses. Ambyint's technology integrates with existing supervisory control and data acquisition (SCADA) systems or can be utilized with its High Resolution Adaptive Controllers, enabling improved data acquisition and automated control of artificial lift systems. With over a decade of domain expertise, Ambyint aims to deliver significant improvements in production outcomes and operational efficiency for its clients.

FieldEye

Series A in 2020
FieldEye operates an online marketplace for renting equipment tailored to the oil and gas, construction, and industrial sectors. The platform facilitates the coordination of rentals by offering features that allow users to search for equipment, compare prices and availability, select rental terms, and track costs. FieldEye's extensive catalogue includes a wide range of equipment, such as generators, cranes, light towers, pumps, and forklifts. Since its incorporation in 2018, the company has expanded its presence with offices in Houston, Texas, and Salt Lake City, Utah. By providing a centralized platform for job site management, vendor coordination, and operations oversight, FieldEye enhances transparency and efficiency for its customers.

Engage Mobilize

Series A in 2019
Engage Mobilize, LLC is a Denver-based company that specializes in developing a cloud-based digital field management platform tailored for the oil and gas industry. Founded in 2016, the platform facilitates seamless interaction between operators and service providers, promoting transparency and efficiency within the supply chain. By digitizing complex workflows, the solution allows for the integration of key operational data, enabling predictive scheduling and real-time visibility into logistics and financials. Engage Mobilize's innovative approach includes electronic ticketing and smart contract capabilities, which enhance contract negotiations and optimize field operations. The platform is designed to be user-friendly, making it easy for clients to adopt while providing comprehensive data analytics to support informed decision-making. As companies increasingly recognize the benefits of this technology, they are rapidly expanding its use across various operational basins, resulting in significant cost reductions and improved productivity.

Tachyus

Series B in 2019
Tachyus Corporation specializes in developing a technology platform designed to enhance energy production within the oil and gas sector. The platform offers a range of analytical tools, including prescriptive, predictive, and descriptive analytics, along with integration and measurement capabilities. It provides solutions for various production optimization techniques such as cyclic steaming, steam-flooding, CO2-flooding, water-flooding, pump optimization, workover prioritization, and shale fracking. The technology enables users to anticipate mechanical equipment failures, assess production responses to stimulation, analyze the relationship between completion design and initial production, and determine optimal injection rates. Tachyus also delivers its services through iOS applications. Founded in 2013 and originally named Software Revolution Corp., the company is headquartered in San Mateo, California.

Novi Labs

Series A in 2019
Novi Labs LLC designs and develops artificial intelligence software for oil and gas companies. It connects petroleum engineering teams to single source data and interactive predictive models that allows asset teams to focus on improving economic outcomes on capital drilling programs and combines machine learning algorithms and intuitive web applications to help petroleum engineers in drilling wells. Novi Labs LLC was incorporated in 2014 and is based in Austin, Texas.

WellDataLabs

Series B in 2018
Well Data Labs, Inc. is a company based in Denver, Colorado, founded in June 2014. It specializes in data management, analysis, and reporting services tailored for the upstream oil and gas industry, particularly focusing on completion data. The company's platform and applications offer advanced analytics tools, such as Tour and WITSML Importer, which facilitate efficient data collection and analysis in an industry where technological advancements often outpace data handling capabilities. Well Data Labs aims to enhance the usability and efficiency of data management processes, enabling clients to keep up with the rapid innovations in the sector.

SitePro

Venture Round in 2018
SitePro, LLC is a digital oilfield solutions provider that specializes in cloud-based software for fluid management in the oil and gas sector. Founded in 2012 and headquartered in Lubbock, Texas, with an additional office in San Antonio, the company offers a comprehensive platform that enhances the life-cycle of fluid management operations. Its services include electronic ticketing, remote control and asset visualization, facility automation, tank and pipeline monitoring, and regulatory reporting. SitePro serves various markets, including exploration and production, water midstream, and water sourcing, helping clients optimize operations and reduce costs while gaining better visibility and decision-making capabilities for managing fluid-related infrastructure.

MineralSoft

Series A in 2018
MineralSoft LLC provides automated revenue management solutions specifically designed for mineral rights and royalties. Its flagship platform allows users to conveniently monitor their mineral assets, offering features such as document management, data entry automation, accounting, analytics, and income projection. Users can access information on royalties, wells, leases, and tracts through various devices, including computers and mobile phones. In addition to its software offerings, MineralSoft provides consulting and advisory services, encompassing data management, audits, document reviews, and transaction support. Founded by mineral rights owners in 2015 and headquartered in Austin, Texas, the company aims to simplify the management of mineral assets while maximizing their value. As of late 2018, MineralSoft operates as a subsidiary of Drillinginfo, Inc.

Ambyint

Series A in 2017
Ambyint Inc. is a Calgary-based company that specializes in artificial lift optimization solutions for exploration and production (E&P) companies in the oil and gas industry. Founded in 2004 and previously known as PumpWell Solutions Ltd., Ambyint offers advanced software products, including the Amplify Real-Time Controller and the Infinity Optimization Platform. These solutions leverage artificial intelligence and physics-based analytics to automate diagnostics, adjust operating parameters, and predict potential failures, thereby enhancing production and reducing operating expenses. Ambyint's technology integrates with existing supervisory control and data acquisition (SCADA) systems or can be utilized with its High Resolution Adaptive Controllers, enabling improved data acquisition and automated control of artificial lift systems. With over a decade of domain expertise, Ambyint aims to deliver significant improvements in production outcomes and operational efficiency for its clients.

Novi Labs

Venture Round in 2017
Novi Labs LLC designs and develops artificial intelligence software for oil and gas companies. It connects petroleum engineering teams to single source data and interactive predictive models that allows asset teams to focus on improving economic outcomes on capital drilling programs and combines machine learning algorithms and intuitive web applications to help petroleum engineers in drilling wells. Novi Labs LLC was incorporated in 2014 and is based in Austin, Texas.
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