Petrostreamz

Trondheim, Norway Founded: 2005 • Age: 21 yrs Acquired By TietoEVRY
Integrated asset modeling software for oil and gas is developed.
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About Petrostreamz

Petrostreamz is a company based in Trondheim (Norway) founded in 2005 was acquired by TietoEVRY in February 2018.. Petrostreamz operates in a competitive market with competitors including FEI Company, Process Systems Enterprise, GeoTeric, Resoptima and WellDog, among others.

  • Headquarter Trondheim, Norway
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    TietoEVRY

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    TietoEVRY

    (Feb 22, 2018)

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Funding Insights of Petrostreamz

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2014 Amount Series A - Petrostreamz 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 Petrostreamz

Petrostreamz has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TietoEVRY and Viking Venture. 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
Growth-stage tech and energy investments in Europe are targeted.
Founded Year Domain Location
Provider of software, digital engineering, and IT services for various industries
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 Petrostreamz

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

Financial Statements - Petrostreamz

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

Petrostreamz Comparisons

Employees
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Competitors of Petrostreamz

Petrostreamz 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, GeoTeric, Resoptima and WellDog, 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
domain founded_year HQ Location
TEM and SEM microscopy solutions for nanoscale imaging are manufactured.
domain founded_year HQ Location
Process modeling software and model-based engineering services are offered.
domain founded_year HQ Location
Cognitive interpretation software for geological mapping is developed.
domain founded_year HQ Location
Reservoir modeling software is developed using machine learning algorithms.
domain founded_year HQ Location
Geophysical services for oil and gas reservoirs are provided.
domain founded_year HQ Location
Software for reservoir modeling and exploration estimations for oil & gas companies
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 Petrostreamz

Frequently Asked Questions about Petrostreamz

When was Petrostreamz founded?

Petrostreamz was founded in 2005 and raised its 1st funding round 9 years after it was founded.

Where is Petrostreamz located?

Petrostreamz is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

What does Petrostreamz do?

Petrostreamz was founded in 2005 in Trondheim, Norway, and focuses on software for the upstream oil and gas sector. Complex systems within the industry are modeled through the companys tools. The Pipe-It solution serves as an Integrated Asset Model (IAM) software, where models are integrated graphically and computationally to support optimization of petroleum assets. Operations center on providing these solutions to industry users.

Who are the top competitors of Petrostreamz?

Petrostreamz's top competitors include Process Systems Enterprise, FEI Company and WellDog.

Who are Petrostreamz's investors?

Petrostreamz has 2 investors. Key investors include TietoEVRY, and Viking Venture.

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