Equipt

Equipt.ai, founded in 2020 by Amarpal Nanda, Indrajit Datta, and Aman Kaur, is a software company headquartered in The Woodlands, Texas, targeting inefficiencies in asset-heavy industries. The founding team's background at TechnipFMC, with extensive experience in the energy, oil and gas, and asset management sectors, provided them with firsthand knowledge of the operational bottlenecks they aim to solve.

The company operates in the asset and field service management market, offering a unified, AI-powered Software-as-a-Service (SaaS) platform named ALFISM (Asset Lifecycle, Field-Integrated Service Management). This platform is designed to replace disconnected, manual systems with an integrated solution for businesses reliant on physical equipment, with an initial focus on the oilfield equipment market. Equipt.ai generates revenue through a subscription-based model with modular pricing, allowing clients to start with core functions and expand their usage over time.

The ALFISM platform, powered by an AI agent called E-Genie, provides a comprehensive suite of tools to manage the entire quote-to-job lifecycle. Key features include equipment and inventory management, field service execution, shop service coordination, and automated billing and invoicing. The system offers real-time visibility into asset location, maintenance history, and utilization, using predictive analytics to forecast maintenance needs and prevent downtime. For field operations, it facilitates technician dispatch based on availability and skills, route optimization, and digital job histories to improve first-time fix rates. The platform also streamlines the sales and supply chain process by offering a self-serve eCommerce portal for customers, AI-assisted quoting, and demand forecasting to optimize inventory levels.

A significant milestone for the company was securing $3.2 million in a seed funding round in March 2025, led by Moneta Ventures with participation from Cortado Ventures. This investment is intended to fuel product development, market expansion, and operational scaling. The platform has demonstrated tangible results for its clients; for instance, Energy Water Solutions reported a 33% enhancement in operational efficiency after replacing three separate systems with Equipt.ai.

Keywords: asset lifecycle management, field service management, equipment rental software, AI-powered operations, inventory optimization, quote-to-cash, predictive maintenance, technician scheduling, supply chain automation, oilfield services software, ALFISM, E-Genie, SaaS platform, asset tracking, downtime reduction, operational efficiency, automated invoicing, resource planning, mobile field service, maintenance management