What is Seeq?
Founded in 2013 and headquartered in Seattle, Washington, Seeq develops sophisticated software solutions that offer advanced analytics capabilities specifically tailored for the industrial process manufacturing sector, including pharmaceuticals. The company's platform empowers engineers and data scientists to analyze operational data, identify trends, and improve process efficiency, safety, and profitability. Seeq's technology is crucial for industries grappling with vast amounts of time-series data, enabling them to derive actionable insights and drive digital transformation initiatives.
How much funding has Seeq raised?
Seeq has raised a total of $189.4M across 7 funding rounds:
Private Equity
$7.7M
Series A
$6M
Private Equity
$4.2M
Private Equity
$18.6M
Series B
$52.8M
Series C
$50M
Series D
$50M
Private Equity (2013): $7.7M with participation from Ignition Partners
Series A (2013): $6M led by Avenue Partners
Private Equity (2015): $4.2M, investors not publicly disclosed
Private Equity (2017): $18.6M featuring Avenue Partners, Altira Group, LLC, and Ignition Partners
Series B (2020): $52.8M backed by Altira Group, Saudi Aramco Energy Ventures, Siemens Venture Capital, Chevron, Avenue Partners, and Cisco Investments
Series C (2021): $50M with participation from Avenue Partners, Insight Partners, Cisco Investments, Chevron, Saudi Aramco Energy Ventures, and Altira Group
Series D (2024): $50M led by Sixth Street Growth, Saudi Aramco Energy Ventures, and Altira Group
Key Investors in Seeq
Sixth Street Growth
Sixth Street Growth partners with growth-oriented companies to provide tailored financing solutions aimed at accelerating both organic and inorganic growth. The firm specializes in various sectors including energy, real estate, healthcare, and technology, offering services such as direct lending, asset-based finance, and equity recapitalization.
Saudi Aramco Energy Ventures
Saudi Aramco Energy Ventures (SAEV) is the corporate venturing program of Aramco Ventures, a subsidiary of Aramco the world's leading integrated energy and chemicals company. Its mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Aramco.
Altira Group
Altira Group LLC is a venture capital firm that specializes in funding energy technology products and services. The company partners with innovative entrepreneurs to drive advancements in the energy sector, leveraging a vast network of industry leaders.
What's next for Seeq?
The recent major strategic investment signals a new phase of expansion and development for Seeq. This capital infusion is likely to fuel further innovation in its advanced analytics platform, enhance its go-to-market strategies, and potentially support geographic expansion or strategic partnerships. As Seeq continues to scale, its focus will remain on deepening its penetration within the industrial manufacturing sector, addressing the evolving needs for data-driven decision-making in an increasingly complex operational landscape. The company's ability to attract substantial backing from both venture capital and strategic corporate investors highlights its critical role in the digital transformation of heavy industry.
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