About GeoTeric
GeoTeric is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2004.. GeoTeric offers products and services including AI Faults, AI Horizons, AI Faults - 2D Networks, and AI Faults - 3D Networks. GeoTeric operates in a competitive market with competitors including FEI Company, Process Systems Enterprise, WellDog, Cognitive Geology and Ikon Science, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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- Legal Name Geoteric Limited
- Date of Incorporation 21 Oct, 2004
- Jurisdiction NEWCASTLE UPON TYNE, TYNE AND WEAR
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Annual Revenue
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Products & Services of GeoTeric
GeoTeric offers a comprehensive portfolio of products and services, including AI Faults, AI Horizons, AI Faults - 2D Networks, and AI Faults - 3D Networks. 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.
Software for detecting and analyzing faults in seismic data.
Tool for interpreting horizons and events in seismic data.
Specialized software for 2D fault detection in seismic analysis.
Software for 3D fault interpretation in geological data.
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Funding Insights of GeoTeric
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2010 | Amount | Series B - GeoTeric | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by GeoTeric
| 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 |
Financial Statements - GeoTeric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Geoteric Comparisons
Competitors of GeoTeric
GeoTeric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FEI Company, Process Systems Enterprise, WellDog, Cognitive Geology and Ikon Science, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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TEM and SEM microscopy solutions for nanoscale imaging are manufactured.
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Process modeling software and model-based engineering services are offered.
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Geophysical services for oil and gas reservoirs are provided.
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Develops software for geological property modelling in oil exploration.
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Software for reservoir modeling and exploration estimations for oil & gas companies
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Geoteric
Frequently Asked Questions about GeoTeric
When was GeoTeric founded?
GeoTeric was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is GeoTeric located?
GeoTeric is headquartered in Newcastle Upon Tyne, United Kingdom.
Who is the current CEO of GeoTeric?
Jan Grimnes is the current CEO of GeoTeric.
What does GeoTeric do?
GeoTeric was founded in 2004 in Newcastle Upon Tyne, United Kingdom. Software for cognitive interpretation is provided to oil and gas operators, enabling visualization of geology through example-driven workflows. Reservoir heterogeneity is analyzed via interactive processes, from data conditioning to delineation of geological elements. These tools support the construction of 3D models in the geoscience sector.
Who are the top competitors of GeoTeric?
GeoTeric's top competitors include Process Systems Enterprise, FEI Company and WellDog.
What products or services does GeoTeric offer?
GeoTeric offers AI Faults, AI Horizons, AI Faults - 2D Networks, and AI Faults - 3D Networks.
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