About Teresoft
Teresoft is a company based in Stavanger (Norway) founded in 2008 was acquired by HitecVision in June 2009.. Teresoft operates in a competitive market with competitors including AspenTech, Aker Solutions, Gentrack, CSE Global and NCS Multistage, among others.
- Headquarter Stavanger, Norway
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$5.32 K (USD)-98as on Dec 31, 2018
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Net Profit
$-63.23 K (USD)-13as on Dec 31, 2021
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EBITDA
$-63.23 K (USD)-13as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
HitecVision
(Jun 01, 2009)
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Funding Insights of Teresoft
| 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 Teresoft
Teresoft has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HitecVision. 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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HitecVision is focused on investments in the European energy sector.
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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 Teresoft
| 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 - Teresoft
| 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 |
Teresoft Comparisons
Competitors of Teresoft
Teresoft 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 AspenTech, Aker Solutions, Gentrack, CSE Global and NCS Multistage, 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 |
AI-based software for manufacturing process optimization is offered.
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| domain | founded_year | HQ Location |
Diversified solutions for oil and gas operations are provided worldwide.
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| domain | founded_year | HQ Location |
Smart billing and customer management solutions for energy, water and airport utilities
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| domain | founded_year | HQ Location |
System integration and automation solutions are provided for industrial applications.
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| domain | founded_year | HQ Location |
Independent technology and services company specializing in multistage completions
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| domain | founded_year | HQ Location |
Cloud-based solutions for oil and gas operations are provided.
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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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Frequently Asked Questions about Teresoft
When was Teresoft founded?
Teresoft was founded in 2008.
Where is Teresoft located?
Teresoft is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
What is the annual revenue of Teresoft?
Annual revenue of Teresoft is $5.32K as on Dec 31, 2018.
What does Teresoft do?
Teresoft is a Norway-based company focused on providing drilling and well performance solutions. The company aims to help EP companies improve cost, improve safety, and increase efficiency of drilling operations. Teresoft has three business units: eDrilling which provides technology solutions for planning, training, drilling, optimization and control of drilling operations; Oiltec which provides simulation solutions for drilling and crane industries; and Trade Tech which provides drilling and well servicing equipment, electrical automation products, tablet solutions, and systems.
Who are the top competitors of Teresoft?
Teresoft's top competitors include AspenTech, Gentrack and NCS Multistage.
Who are Teresoft's investors?
Teresoft has 1 investor. Key investors include HitecVision.