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
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Phone
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Website
*********
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Social
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- Legal Name Cegal
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
DWS
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Escape Tech
& 2 more
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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.
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.
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Software Development Team
15 people
Leadership Team
5 people
Operations Team
3 people
Senior Team
3 people
Product Management Team
3 people
Finance and Accounting
3 people
Human Resources and Administration
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Cegal
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Asset management services are offered by DWS to clients.
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Founded Year | Domain | Location | |
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A leading investor in private equity funds across Western Europe.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Production data management systems are provided by GSES consultancy.
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2016 | ||||
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Business intelligence services are provided by Systemtech in Denmark.
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2004 | ||||
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Limited information available
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cegal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cegal Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.
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