About Respec
Respec is a company based in Rapid City (United States) founded in 1969.. The company has 441 employees as of December 31, 2022. Respec has completed 3 acquisitions, including Earthres, North American Reserve and PDC Engineers. Respec offers products and services including Apache NiFi, WITSML Data Processor, and Fulcrum Sync. Respec operates in a competitive market with competitors including Worldsensing, talpasolutions, Emeco, Strayos and IntelliSense.io, among others.
- Headquarter Rapid City, United States
- Employees 441 as on 31 Dec, 2022
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Sectors
Natural Resources
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Re/Spec Inc.
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Products & Services of Respec
Respec offers a comprehensive portfolio of products and services, including Apache NiFi, WITSML Data Processor, and Fulcrum Sync. 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.
Tool for data integration and processing in various applications.
Software for processing energy data standards efficiently.
System for enterprise data synchronization and operations.
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Funding Insights of Respec
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $199,226
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First Round
First Round
(09 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Grant - Respec | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - Respec | Valuation |
investors |
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| Jul, 2019 | Amount | Grant - Respec | 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 Respec
Respec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OSTI.GOV. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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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 Respec
Respec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Earthres, North American Reserve and PDC Engineers. 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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Exploration management and mine design services are provided.
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1989 | ||||
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Engineering consulting services are provided by PDC Engineers in Anchorage.
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1953 | ||||
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Earthres is linked to the domain earthres.com.
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| 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 - Respec
| 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 |
Respec Comparisons
Competitors of Respec
Respec 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 Worldsensing, talpasolutions, Emeco, Strayos and IntelliSense.io, 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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| domain | founded_year | HQ Location |
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution
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| domain | founded_year | HQ Location |
Cloud-based predictive analytics and data management software for multiple industries
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| domain | founded_year | HQ Location |
Big data analytics solutions are provided for mining industries.
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| domain | founded_year | HQ Location |
Cloud-based data analytics software for drone images is provided.
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| domain | founded_year | HQ Location |
Empowering people and machines to make intelligent decisions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Respec
Frequently Asked Questions about Respec
When was Respec founded?
Respec was founded in 1969 and raised its 1st funding round 45 years after it was founded.
Where is Respec located?
Respec is headquartered in Rapid City, United States. It is registered at Rapid City, South Dakota, United States.
How many employees does Respec have?
As of Dec 31, 2022, the latest employee count at Respec is 441.
What does Respec do?
Provider for data and analytics software tools for mining industries. The product portfolio includes blastfeeder that reports and tracks every blast by capturing data, Interactive well interface that provides multidisciplinary exploration and mining data related to company permit areas, underground or surface facilities, drilling results and more, Land information System for Managing all aspect of land control, and others.
Who are the top competitors of Respec?
Respec's top competitors include Worldsensing, Emeco and talpasolutions.
What products or services does Respec offer?
Respec offers Apache NiFi, WITSML Data Processor, and Fulcrum Sync.
How many acquisitions has Respec made?
Respec has made 3 acquisitions, including Earthres, North American Reserve, and PDC Engineers.
Who are Respec's investors?
Respec has 1 investor. Key investors include OSTI.GOV.
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