About Petrotechnics
Petrotechnics is a company based in Aberdeen (United Kingdom) founded in 1989 was acquired by Sphera Solutions in January 2019. Petrotechnics has raised $9.09 million across 1 funding round from investors including Sphera Solutions and BGF. The company has 85 employees as of December 31, 2018. Petrotechnics operates in a competitive market with competitors including ServiceMax, Kyriba, CyberGRX, ObserveIT and Urbint, among others.
- Headquarter Aberdeen, United Kingdom
- Employees 85 as on 31 Dec, 2018
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Sectors
Financial ServicesTechnology Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Petrotechnics Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9.09 M (USD)
in 1 rounds
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Latest Funding Round
$9.09 M (USD), Private Equity Round
May 30, 2013
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Investors
Sphera Solutions
& 1 more
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Employee Count
85
as on Dec 31, 2018
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Acquired by
Sphera Solutions
(Jan 08, 2019)
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Funding Insights of Petrotechnics
Petrotechnics has successfully raised a total of $9.09M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $9.09 million completed in May 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Petrotechnics
Petrotechnics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Sphera Solutions and BGF.
| Investor | Description | Founded Year | Domain | Location |
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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Cloud-based QEHS and operational risk software is provided.
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Investor details for Petrotechnics
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Investments & Acquisitions by Petrotechnics
Investment portfolio details for Petrotechnics
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Financial Statements - Petrotechnics
Detailed financials for Petrotechnics
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Petrotechnics Comparisons
Peer comparison for Petrotechnics
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Competitors of Petrotechnics
Petrotechnics 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 ServiceMax, Kyriba, CyberGRX, ObserveIT and Urbint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software is provided for field service and asset management.
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| Locked | Locked | Locked |
Cloud-based treasury automation and risk management solutions are provided.
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| Locked | Locked | Locked |
Cloud-based risk assessment and management solutions are provided for enterprises.
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| Locked | Locked | Locked |
Insider threats are detected and managed via user behavior analytics.
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| Locked | Locked | Locked |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| Locked | Locked | Locked |
Risk management solutions for financial institutions are offered.
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Detailed competitors of Petrotechnics
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Latest news on Petrotechnics
Complete news archive for Petrotechnics
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Frequently Asked Questions about Petrotechnics
Petrotechnics was founded in 1989 and raised its 1st funding round 24 years after it was founded.
Petrotechnics is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.
Petrotechnics is a funded company, having raised a total of $9.09M across 1 funding round to date.
As of Dec 31, 2018, the latest employee count at Petrotechnics is 85.
Petrotechnics provides risk management software solution for oil gas, Chemical, EPC and Rail to improve operational efficiency and manage operational risks. Proscient, an operational excellence management platform capabilities are work control; execution, operational management; schedule optimization and Operational risk management. It enables companies to manage, monitor and automate workflows, evaluate role specific metrics and visualize the operational performance as graphsdashboards. It serves more than 80,000 users across 700 sites in 22 countries. Clients are Chevron, Exxon Mobil, Petronas, Shell, Total, Apache, and British Petroleum. Partners are Accenture, Oracle, SAP, Tibco Aveva.
Petrotechnics has 2 investors. Key investors include Sphera Solutions, and BGF.