About FutureOn
FutureOn is a Technology company based in Oslo (Norway) founded in 2016, and was acquired by Kongsberg Digital in May 2023. Cloud-based digital twin software is provided for oilfield asset management. It operates in the Technology and Energy & Utilities sectors. FutureOn offers products and services including FieldTwin, FT Design, and FT Collaborate. Its focus areas include High Tech, Digital Twin, Digital Twin Platforms and Products. Its legal entity is FutureOn a.s.
Company details
FutureOn provides a cloud-based digital twin platform for asset management and data visualization of upstream companies. Offers FieldAp, which is a Field Activity Planner that can be used for asset 3D visualization, field layout modelling, metadata storage, easy switch between 2D 3D layouts, project dashboarding, operations planning, and interfacing with the back-end system. Also provides FieldTwin, which a digital offshore asset representation solution with real-time data capturing capabilities which can be used for prediction, equipment monitoring, maintenance, well-production other well operations. The digital field twin can be integrated with IoT devices, sensors robotic tools for real-time monitoring of equipment status, well-flow rates, production values, vessel locations field engineering.
- Headquarters Oslo, Norway
- Stage Acquired
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website futureon.com
- Social LinkedIn X Facebook YouTube
- Acquired by Kongsberg Digital (May 2023)
- Legal Name Futureon A.S.
- InvestorsKongsberg Digital
& 3 more
- Acquired byKongsberg Digital
(May 2023)
Products & Services of FutureOn
FutureOn offers a comprehensive portfolio of products and services, including FieldTwin, FT Design, and FT Collaborate.
Platform for real-time energy field design and collaboration
Tool to build and optimize field layouts with real-world coordinates
Secure platform for sharing and editing field data across teams
Apps and channels of FutureOn
its YouTube channel FutureOn has 163 subscribers and 14 videos.
Videos from FutureOn
The most watched videos on FutureOn's YouTube channel, FutureOn (163 subscribers). Click a video to play it here.
More on FutureOn.
Funding Insights of FutureOn
- Total Rounds 4
- First Round $55,100
(Aug 2019)
- Investors Count 3
All 4 funding rounds of FutureOn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | Seed | – | Bentley Acceleration Fund | – | |
| Aug 2020 | $1.05M | Grant | – | – | |
| Nov 2019 | $55,048 | Grant | – | – | |
| Aug 2019 | $55,100 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in FutureOn
FutureOn has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Kongsberg Digital, European Union and Bentley Acceleration Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech startups | bentleyaccelerationfund.com | |||
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
AI-powered industrial work surface solutions are provided for heavy-asset sectors. | 1814 | kongsbergdigital.com | Lysaker, Norway |
Investor details for FutureOn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of FutureOn
23 people are tracked at FutureOn (16 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Stig Wølstad-Knudsen | CEO | Leadership |
Olivier Chatry | Chief Software Architect | Leadership |
Mona Tjore | Interim Head of People | Leadership |
Stine de Lange Kobberstad | Head of Marketing | Leadership |
Elizabeth Russell | VP, Operations Management | Leadership |
Olav Sylthe | CTO | Leadership |
Rodrigo Borges da Fonseca Ferraz | Head Of Market Development Latin America | Leadership |
Elizabeth Russel | VP, Operations Management | Leadership |
Herman Sannerholt | CFO | Leadership |
Andreas H G | Vice President Middle-east & Asia Pacific | Leadership |
Renner Vaughn | Chief Commercial Officer | Leadership |
Filip Valica | VP Strategic Partner Development | Leadership |
Roman Gautreaux | Vice President Of Customer Success | Leadership |
Andreas Hoel Gaarder | Vice President Middle-east & Asia Pacific | Leadership |
William Keever | Executive Vice President, Head Of Global Sales | Leadership |
Jostein Lien | Chief Engineer | Leadership |
Pomme Duccini | R&d Manager | Team |
Krzysztof Zaborowski | Software Developer | Team |
Darrell Knight | EVP, Strategy & Innovation | Team |
Even Aares | Group Financial Controller | Team |
3 more people are available in the full profile.
Complete people profiles for FutureOn
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FutureOn
4 dated milestones of FutureOn across 7 years, from founding to its latest funding, stage changes and deals.
- Founded FutureOn is founded.
- Funding First funding round of $55K.
- Funding Latest funding round, Seed,.
- Exit Acquired by Kongsberg Digital.
Web traffic of FutureOn
The website of FutureOn (futureon.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 2.5% vs previous month
Websites whose visitors overlap most with FutureOn. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
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Related news about Futureon
Complete news archive for FutureOn
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Frequently Asked Questions about FutureOn
FutureOn was founded in 2016 and raised its 1st funding round 3 years after it was founded.
FutureOn is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
FutureOn provides a cloud-based digital twin platform for asset management and data visualization of upstream companies. Offers FieldAp, which is a Field Activity Planner that can be used for asset 3D visualization, field layout modelling, metadata storage, easy switch between 2D 3D layouts, project dashboarding, operations planning, and interfacing with the back-end system. Also provides FieldTwin, which a digital offshore asset representation solution with real-time data capturing capabilities which can be used for prediction, equipment monitoring, maintenance, well-production other well operations. The digital field twin can be integrated with IoT devices, sensors robotic tools for real-time monitoring of equipment status, well-flow rates, production values, vessel locations field engineering.
FutureOn offers FieldTwin, FT Design, and FT Collaborate.
FutureOn has 4 investors. Key investors include Kongsberg Digital, European Union, Bentley Acceleration Fund, and EIC Fund.
FutureOn operates through Futureon A.S..
Yes. FutureOn was acquired by Kongsberg Digital in May 2023.