Cegal

Stavanger, Norway Founded: 2000 • Age: 26 yrs Acquired By DWS
Provider of cloud operations, software, and IT consultancy for the energy sector
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About Cegal

Cegal is a company based in Stavanger (Norway) founded in 2000 was acquired by DWS in November 2019.. Cegal has completed 3 acquisitions, including Escape Tech, GSES Ltd and Systemtech. Cegal offers products and services including Cloud Operations and Geoscience Software.

  • Headquarter Stavanger, Norway
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cegal
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    DWS

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Escape Tech

    & 2 more

  • Acquired by
    DWS

    (Nov 22, 2019)

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Products & Services of Cegal

Cegal offers a comprehensive portfolio of products and services, including Cloud Operations and Geoscience Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cloud services are provided for design, implementation, and optimization to support efficient and flexible work environments.

Software is offered for seismic reservoir characterization and data management to enhance operational efficiency in the energy sector.

People of Cegal
Headcount 500-1000
Employee Profiles 49
Employee Profiles
People
Paul Brandvold
Department Manager - Customer Operations
People
Anthony Wicks
Accounts Director - Cloud & IT
People
Ihor Varakin
Software Engineer
People
Thomas Isaksen
Lead Solution Architect

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Funding Insights of Cegal

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2010 Amount Private Equity Round - Cegal Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cegal

Cegal has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DWS, Norvestor and Argentum. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on acquisitions
Founded Year Domain Location
Asset management services are offered by DWS to clients.
Founded Year Domain Location
A leading investor in private equity funds across Western Europe.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cegal

Cegal has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Escape Tech, GSES Ltd and Systemtech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Production data management systems are provided by GSES consultancy.
2016
Business intelligence services are provided by Systemtech in Denmark.
2004
Limited information available
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cegal

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cegal Comparisons

Employees
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Competitors of Cegal

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cegal

Frequently Asked Questions about Cegal

When was Cegal founded?

Cegal was founded in 2000 and raised its 1st funding round 10 years after it was founded.

Where is Cegal located?

Cegal is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

What does Cegal do?

Founded in 2000 and based in Stavanger, Norway, Cegal operates as a provider of cloud operations, software solutions, and IT consultancy tailored to the energy sector. Cloud implementations and optimizations are offered, alongside specialized software for geoscience and energy management. Consultancy covers IT management, digital advisory, and domain expertise in areas like software development, cybersecurity, database services, and subsurface data management.

What products or services does Cegal offer?

Cegal offers Cloud Operations and Geoscience Software.

How many acquisitions has Cegal made?

Cegal has made 3 acquisitions, including Escape Tech, GSES Ltd, and Systemtech.

Who are Cegal's investors?

Cegal has 3 investors. Key investors include DWS, Norvestor, and Argentum.

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