About Rocsole
Rocsole is a company based in Kuopio (Finland) founded in 2012.. Rocsole has raised $8.58 million across 5 funding rounds from investors including Repsol, Finnvera and Business Finland. Rocsole offers products and services including SeeBeyond, SoliDetect, and LiquiDetect. Rocsole operates in a competitive market with competitors including QLM, CorrosionRADAR, Silixa, Novosound and Nevada Nano, among others.
- Headquarter Kuopio, Finland
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Sectors
Technology
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Phone
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Website
*********
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Social
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- Legal Name Rocsole Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.58 M (USD)
in 5 rounds
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Latest Funding Round
$5.62 M (USD), Series A
Nov 24, 2021
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Investors
Repsol
& 5 more
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Employee Count
Employee Count
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Products & Services of Rocsole
Rocsole offers a comprehensive portfolio of products and services, including SeeBeyond, SoliDetect, and LiquiDetect. 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.
Provides 24/7 production condition monitoring for industrial fluid systems.
Detects sand and solids in industrial processes for enhanced safety.
Monitors liquid levels in pipelines and refineries for operational efficiency.
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Funding Insights of Rocsole
Rocsole has successfully raised a total of $8.58M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.62 million completed in November 2021. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $5.6M
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First Round
First Round
(26 Jun 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - Rocsole | Valuation | Springvest |
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| Dec, 2016 | Amount | Series A - Rocsole | Valuation | Shell Ventures |
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| Jan, 2016 | Amount | Series A - Rocsole | 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 Rocsole
Rocsole has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Repsol, Finnvera and Business Finland. 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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Springvest is recognized as a leading growth investment service in Finland.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Shell
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Founded Year | Domain | Location | |
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Loans, investments, and financial services are provided to businesses.
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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 Rocsole
| 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 - Rocsole
| 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 |
Rocsole Comparisons
Competitors of Rocsole
Rocsole 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 QLM, CorrosionRADAR, Silixa, Novosound and Nevada Nano, 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 |
Quantum sensing technology is provided for natural gas leak detection.
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| domain | founded_year | HQ Location |
Provider of corrosion management solution for the oil and gas industry
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| domain | founded_year | HQ Location |
Provider of fibre optic monitoring solutions for the oil and gas industry
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| domain | founded_year | HQ Location |
Ultrasound sensors for pipeline monitoring and fault detection are provided.
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| domain | founded_year | HQ Location |
MEMS-based chemical sensors are developed for diverse applications.
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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 Rocsole
Frequently Asked Questions about Rocsole
When was Rocsole founded?
Rocsole was founded in 2012.
Where is Rocsole located?
Rocsole is headquartered in Kuopio, Finland.
Who is the current CEO of Rocsole?
Pekka Kaunisto is the current CEO of Rocsole.
Is Rocsole a funded company?
Rocsole is a funded company, having raised a total of $8.58M across 5 funding rounds to date.
What does Rocsole do?
Rocsole was founded in 2012 in Kuopio, Finland, as a provider of tomography technology for the oil and gas sector. Volume imaging of process pipes and tanks is enabled by the solutions to measure and control multi-phase flows. Systems are monitored for deposition, emulsion, water, and sand within pipelines, supporting operational oversight in the industry.
Who are the top competitors of Rocsole?
Rocsole's top competitors include QLM, Novosound and CorrosionRADAR.
What products or services does Rocsole offer?
Rocsole offers SeeBeyond, SoliDetect, and LiquiDetect.
Who are Rocsole's investors?
Rocsole has 6 investors. Key investors include Repsol, Finnvera, Business Finland, Springvest, and Shell Ventures.
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