About Softeco
Softeco is an Energy & Utilities company based in Genoa (Italy) founded in 1997, and was acquired by AVM Associati in December 2009. It operates as a software products for utility energy and upstream sector. The company was acqui-hired. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Oil Rigs Data as a Service. Its competitors include Drillinginfo, Camin Cargo Control, Spinergie, Lavoro Technologies and OPEX Group and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Softeco was founded in 1997 in Genoa, Italy, and focuses on software solutions for the utility energy and upstream oil gas sectors. Tools are offered for production data analysis, petroleum products trading management, risk assessment, investment cost tracking, and tank storage monitoring in oil gas operations. For smart grid systems, remote monitoring of distribution networks and operational control are enabled.
- Headquarters Genoa, Italy
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website softeco.it
- Social LinkedIn X
- Acquired by AVM Associati (Dec 2009)
- Latest Funding Round$26.99K (USD), Grant
Feb 2020
- InvestorsEuropean Union
& 1 more
- Acquired byAVM Associati
(Dec 2009)
Funding Insights of Softeco
- Total Rounds 10
- Last Round Grant — $26,991
- First Round $416,452
(Jan 2015)
- Investors Count 1
All 10 funding rounds of Softeco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $26,991 | Grant | – | – | |
| Oct 2019 | $50,533 | Grant | – | – | |
| Oct 2019 | $304,384 | Grant | – | – | |
| May 2019 | $79,629 | Grant | – | – | |
| Jan 2019 | $510,827 | Grant | – | – | |
| Oct 2017 | $605,501 | Grant | – | – | |
| Jun 2017 | $987,619 | Grant | – | – | |
| Jan 2017 | $582,898 | Grant | – | – | |
| Oct 2016 | – | Grant | – | – | |
| Jan 2015 | $416,452 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Softeco
Softeco has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and AVM Associati.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | avmassociati.eu | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Softeco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Softeco
4 dated milestones of Softeco across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Softeco is founded.
- Exit Acquired by AVM Associati.
- Funding First funding round of $416K.
- Funding Latest funding round, Grant, of $27K.
Competitors of Softeco
Softeco has 9 listed competitors in our database, 2 of them funded. They include Drillinginfo, Camin Cargo Control, Spinergie, Lavoro Technologies and OPEX Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drillinginfo.com | 1999 | Austin, United States | $219.14M | – | Data analytics solutions are offered for upstream oil and gas. | |
| camincargo.com | 1982 | Pasadena, United States | – | 648 | Facility inspection, laboratory analysis, and data management services are provided. | |
| spinergie.com | 2016 | Paris, France | $11.63M | – | Cloud based predictive analytics solutions for oil and gas industry | |
| lavorotechnologies.com | 2016 | Houston, United States | – | 10 | Upstream operations are optimized through cloud-based SaaS platform. | |
| opex-group.com | 2010 | Aberdeen, Scotland | – | – | Provider of AI-driven upstream process predictive analytics solutions | |
| fieldbox.ai | 2011 | Bordeaux, France | – | – | AI-based software solutions are provided for field operations data management. | |
| osokey.com | 2016 | – | – | – | Cloud-based data management, collaboration, and analysis for energy sector's subsurface data. | |
| pixeltrail.com | 2016 | Houston, United States | – | – | Provides technology setup, web design, and brand promotion for tradesmen businesses. | |
| neudax.com | 2017 | Denver, United States | – | – | Provides AI and SaaS-driven analytics for the oil and gas upstream industry. |
Detailed competitors of Softeco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Softeco
Websites that share an audience with Softeco (softeco.it).
Websites whose visitors overlap most with Softeco. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| seling.it | 100% | 1.4K | #10,680,830 | View details | |
enforma.it | enforma.it | 85% | – | – | – |
scsnet.it | scsnet.it | 85% | – | – | – |
| mantadev.it | 85% | – | – | View details | |
efarmgroup.com | efarmgroup.com | 85% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Softeco
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Oil & Gas Technology Solutions
10 companies that operate in the same segment as Softeco (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 6.67 B | – | 1,820 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Akershus, Norway | USD 225 M | USD 82.56 M | 931 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | – | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about Softeco
Softeco was founded in 1997 and raised its 1st funding round 18 years after it was founded.
Softeco is headquartered in Genoa, Italy. It is registered at Genoa, Liguria, Italy.
Softeco was founded in 1997 in Genoa, Italy, and focuses on software solutions for the utility energy and upstream oil gas sectors. Tools are offered for production data analysis, petroleum products trading management, risk assessment, investment cost tracking, and tank storage monitoring in oil gas operations. For smart grid systems, remote monitoring of distribution networks and operational control are enabled.
Softeco's top competitors include Drillinginfo, Camin Cargo Control and Spinergie.
Softeco has 2 investors. Key investors include European Union, and AVM Associati.
Yes. Softeco was acquired by AVM Associati in December 2009.