Visavi

Halden, Norway Founded: 2014 • Age: 12 yrs Acquired By Kongsberg Digital
Software solutions for oil and gas operations visualization are provided.
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About Visavi

Visavi is a company based in Halden (Norway) founded in 2014 by Qystein Veland and Gisle Andresen was acquired by Kongsberg Digital in November 2022.. Visavi has raised $1.76 million across 1 funding round from investors including Kongsberg Digital, SINTEF and ProVenture. The company has 38 employees as of December 31, 2021. Visavi offers products and services including Visavi SaaS Solution. Visavi operates in a competitive market with competitors including Brickeye, Andium, Detechtion, Aptomar and IntelliSite, among others.

  • Headquarter Halden, Norway
  • Employees 38 as on 31 Dec, 2021
  • Founders Qystein Veland, Gisle Andresen
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Visavi Technology As
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.76 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.76 M (USD), Seed

    Jan 29, 2019

  • Investors
  • Employee Count
    38

    as on Dec 31, 2021

  • Acquired by
    Kongsberg Digital

    (Nov 14, 2022)

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Products & Services of Visavi

Visavi offers a comprehensive portfolio of products and services, including Visavi SaaS Solution. 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.

Primary

Platform for industrial digital solutions using IoT and AI.

People of Visavi
Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Are Føllesdal Tjønn
CEO
People
Kenneth Ådalen
VP, Product
People
Ida-Franciska Raagaard
Produkttester

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Funding Insights of Visavi

Visavi has successfully raised a total of $1.76M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.76 million completed in January 2019. 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 Rounds 1
  • Last Round Seed — $1.8M
  • First Round

    (29 Jan 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Seed - Visavi Valuation ProVenture , SINTEF
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 Visavi

Visavi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Kongsberg Digital, SINTEF and ProVenture. 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
Early-stage tech and energy investments are made primarily in Norway.
Founded Year Domain Location
Applied research organization providing technology and innovation services across diverse sectors
Founded Year Domain Location
AI-powered industrial work surface solutions are provided for heavy-asset sectors.
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 Visavi

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 - Visavi

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

Visavi Comparisons

Employees
+
Add Comparison
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Competitors of Visavi

Visavi 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 Brickeye, Andium, Detechtion, Aptomar and IntelliSite, 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
Wireless sensor monitoring solutions are offered for construction sites.
domain founded_year HQ Location
Computing devices for oil and gas data management are developed.
domain founded_year HQ Location
Provider of web-based remote asset monitoring solutions for the oil and gas industry
domain founded_year HQ Location
Integrated Field Monitoring sensors, systems and services for the oil and gas industry
domain founded_year HQ Location
IoT enabled solution for managing energy and assets at remote infrastructure
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 Visavi

Frequently Asked Questions about Visavi

When was Visavi founded?

Visavi was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is Visavi located?

Visavi is headquartered in Halden, Norway.

Who is the current CEO of Visavi?

Jon Staerkebye is the current CEO of Visavi.

Is Visavi a funded company?

Visavi is a funded company, having raised a total of $1.76M across 1 funding round to date. The company's 1st funding round was a Seed of $1.76M, raised on Jan 29, 2019.

How many employees does Visavi have?

As of Dec 31, 2021, the latest employee count at Visavi is 38.

What does Visavi do?

Founded in 2014 and based in Halden, Norway, Visavi operates within the oil and gas sector. Software tools are developed to visualize workflows, operational dependencies, and data for informed decision-making. Clients such as Neptune Energy and Borregaard are served through these visualization solutions, enabling oversight of complex information across industry processes.

Who are the top competitors of Visavi?

Visavi's top competitors include Brickeye, Andium and Aptomar.

What products or services does Visavi offer?

Visavi offers Visavi SaaS Solution.

Who are Visavi's investors?

Visavi has 3 investors. Key investors include Kongsberg Digital, SINTEF, and ProVenture.

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