Softeco

Genoa, Italy Founded: 1997 • Age: 29 yrs Acquired By AVM Associati
Software products for utility energy and upstream sector
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About Softeco

Softeco is a company based in Genoa (Italy) founded in 1997 was acquired by AVM Associati in December 2009.. Softeco operates in a competitive market with competitors including Drillinginfo, Camin Cargo Control, Spinergie, Lavoro Technologies and OPEX Group, among others.

  • Headquarter Genoa, Italy
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $26.99 K (USD), Grant

    Feb 20, 2020

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    AVM Associati

    (Dec 18, 2009)

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Funding Insights of Softeco

  • Total Funding
  • Total Rounds 10
  • Last Round Grant — $26,991
  • First Round

    (01 Jan 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Grant - Softeco Valuation

investors

Oct, 2019 Amount Grant - Softeco Valuation

investors

Oct, 2019 Amount Grant - Softeco Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Softeco

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Softeco

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Softeco Comparisons

Employees
+
Add Comparison
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Competitors of Softeco

Softeco 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 Drillinginfo, Camin Cargo Control, Spinergie, Lavoro Technologies and OPEX Group, 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
Data analytics solutions are offered for upstream oil and gas.
domain founded_year HQ Location
Facility inspection, laboratory analysis, and data management services are provided.
domain founded_year HQ Location
Cloud based predictive analytics solutions for oil and gas industry
domain founded_year HQ Location
Upstream operations are optimized through cloud-based SaaS platform.
domain founded_year HQ Location
Provider of AI-driven upstream process predictive analytics solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Softeco

Frequently Asked Questions about Softeco

When was Softeco founded?

Softeco was founded in 1997 and raised its 1st funding round 18 years after it was founded.

Where is Softeco located?

Softeco is headquartered in Genoa, Italy. It is registered at Genoa, Liguria, Italy.

What does Softeco do?

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.

Who are the top competitors of Softeco?

Softeco's top competitors include Drillinginfo, Camin Cargo Control and Spinergie.

Who are Softeco's investors?

Softeco has 2 investors. Key investors include European Union, and AVM Associati.

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