Seeq raised $50 million in a Series D funding round led by Sixth Street Growth to enhance its industrial analytics and AI capabilities.

Aug 08, 2024•over 1 year ago

Amount Raised

$50 Million

Round Type

series d

SeattleSoftwareInformation Technology

Investors

Saudi Aramco Energy VenturesSecond Avenue PartnersAltira GroupInsight PartnersSixth Street Growth

Description

Seeq, a leader in industrial analytics, closed a $50 million Series D funding round led by Sixth Street Growth with participation from existing investors. This investment will support Seeq's growth and ability to cater to the critical needs of its customers across various industries.

Company Information

Company

Seeq

Location

1301 SECOND AVENUE

Seattle, Washington, United States

About

Seeq, the global leader in advanced analytics, AI, and enterprise monitoring for industrial companies, delivers a self-service, enterprise SaaS platform and solutions to accelerate critical insights and action from historically unused data. Oil and gas, pharmaceutical, specialty chemical, utility, renewable energy, and numerous other vertical industries rely on Seeq to optimize business and production outcomes, including yield, margins, quality, and sustainability. Seeq is a privately held virtual company with employees around the globe.

Related People

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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