Teresoft

Stavanger, Norway Founded: 2008 • Age: 18 yrs Acquired By HitecVision
Drilling and well performance are optimized via specialized solutions.
Annual revenue $5,315 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.32 K (USD)
    -98
    as on Dec 31, 2018
  • Net Profit
    -$63.23 K (USD)
    -13
    as on Dec 31, 2021
  • EBITDA
    -$63.23 K (USD)
    -13
    as on Dec 31, 2021
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    HitecVision

    (Jun 01, 2009)

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Funding Insights of Teresoft

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Investors in Teresoft

Teresoft has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HitecVision.

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Venture Fund
Investor Description Founded Year Domain Location
HitecVision is focused on investments in the European energy sector.
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Investor details for Teresoft

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Investments & Acquisitions by Teresoft

Investments
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Investment portfolio details for Teresoft

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Financial Statements - Teresoft

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Detailed financials for Teresoft

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Teresoft Comparisons

Teresoft Primary company
Description
Drilling and well performance are optimized via specialized ...
Location
Stavanger, Norway
Founded Year
2008
Annual Revenue
$5.32 K (USD)
Net Profit
-$63.23 K (USD)
EBITDA
-$63.23 K (USD)
Employees
Not available
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Peer comparison for Teresoft

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based software for manufacturing process optimization is offered.
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Diversified solutions for oil and gas operations are provided worldwide.
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Smart billing and customer management solutions for energy, water and airport utilities
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System integration and automation solutions are provided for industrial applications.
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Independent technology and services company specializing in multistage completions
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Cloud-based solutions for oil and gas operations are provided.
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Detailed competitors of Teresoft

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Latest news on Teresoft

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Complete news archive for Teresoft

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Frequently Asked Questions about Teresoft

Teresoft was founded in 2008.

Teresoft is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

Annual revenue of Teresoft is $5.32K as on Dec 31, 2018.

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.

Teresoft's top competitors include AspenTech, Gentrack and NCS Multistage.

Teresoft has 1 investor. Key investors include HitecVision.

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