About Seeq
Seeq is a company based in Seattle (United States) founded in 2013 by Mark Derbecker and Brian Parsonnet.. Seeq has raised $198.14 million across 10 funding rounds from investors including Phillips 66, Chevron and Aramco. The company has 138 employees as of December 31, 2022. Seeq offers products and services including Seeq Industrial Analytics & AI Suite and Seeq Industrial Enterprise Monitoring™ Suite. Seeq operates in a competitive market with competitors including Endress+Hauser, Tulip, FogHorn, Seebo and Durr, among others.
- Headquarter Seattle, United States
- Employees 138 as on 31 Dec, 2022
- Founders Mark Derbecker, Brian Parsonnet
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Seeq Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$198.14 M (USD)
in 10 rounds
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Latest Funding Round
$50 M (USD), Series D
Aug 06, 2024
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Investors
Phillips 66
& 14 more
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Employee Count
138
as on Dec 31, 2022
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Products & Services of Seeq
Seeq offers a comprehensive portfolio of products and services, including Seeq Industrial Analytics & AI Suite and Seeq Industrial Enterprise Monitoring™ Suite. 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.
Platform for AI-driven analysis of time series data in industries
Tools for monitoring industrial processes using advanced analytics
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Sales and Marketing
26 people
Software Development Team
22 people
Leadership Team
16 people
Data Analysis and Operations Team
11 people
Senior Team
7 people
Product Management Team
6 people
Principal Team
4 people
Human Resources and Administration
3 people
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Funding Insights of Seeq
Seeq has successfully raised a total of $198.14M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in August 2024. 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 10
- Last Round Series D — $50.0M
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First Round
First Round
(17 May 2013)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series D - Seeq | Valuation | Sixth Street | |
| Aug, 2021 | Amount | Series C - Seeq | Valuation | Phillips 66 |
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| Apr, 2021 | Amount | Series C - Seeq | Valuation | Insight Partners |
| 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 Seeq
Seeq has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Phillips 66, Chevron and Aramco. 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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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Growth stage energy sector focused VC firm investing primarily in the US and Canada
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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 Seeq
| 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 - Seeq
| 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 |
Seeq Comparisons
Competitors of Seeq
Seeq 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 Endress+Hauser, Tulip, FogHorn, Seebo and Durr, 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 |
Web and app-based measuring instruments and automation solutions are provided.
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| domain | founded_year | HQ Location |
IoT-based software for manufacturing efficiency and data integration is provided.
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| domain | founded_year | HQ Location |
An edge AI platform for analytics solutions is offered.
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| domain | founded_year | HQ Location |
Cloud-based digital twin platform for IoT lifecycle management is provided.
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| domain | founded_year | HQ Location |
Intelligent production control software is supplied for industrial sectors.
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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 Seeq
Frequently Asked Questions about Seeq
When was Seeq founded?
Seeq was founded in 2013.
Where is Seeq located?
Seeq is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Seeq?
Lisa J. Graham is the current CEO of Seeq.
Is Seeq a funded company?
Seeq is a funded company, having raised a total of $198.14M across 10 funding rounds to date. The company's 1st funding round was a Series C of $55.79M, raised on May 17, 2013.
How many employees does Seeq have?
As of Dec 31, 2022, the latest employee count at Seeq is 138.
What does Seeq do?
Seeq was founded in 2013 and is based in Seattle, United States. Operations focus on the industrial data analytics sector, where solutions are provided for processing and interpreting industrial process data. Services include tools that shorten analysis timelines, facilitate discovery of data relationships, enable integrations with ERP systems and business intelligence platforms such as Excel, Tableau, SAS, and MATLAB, and support collaborative workflows among users.
Who are the top competitors of Seeq?
Seeq's top competitors include MachineMetrics, Tulip and Sight Machine.
What products or services does Seeq offer?
Seeq offers Seeq Industrial Analytics & AI Suite and Seeq Industrial Enterprise Monitoring™ Suite.
Who are Seeq's investors?
Seeq has 15 investors. Key investors include Phillips 66, Chevron, Aramco, Cisco Investments, and Sixth Street.