About Waveseis
Waveseis is an Energy & Utilities company based in Denver (United States) founded in 2012, and was acquired by Spectrum in April 2017. Seismic imaging solutions are developed for subsurface challenges. Waveseis has raised $30 thousand across 1 funding round from investors including Spectrum Geo and Surge Ventures. The company was acqui-hired. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Exploration. Its competitors include Wireless Seismic, ION Geophysical and MicroSeismic; 2 of its 3 listed competitors have raised funding.
Company details
Waveseis was founded in 2012 in Denver, United States, and operates in the seismic imaging sector for oil and gas exploration. A complete velocity estimation and imaging workflow is being developed based on the two-wave equation to address sub-salt field challenges in the Gulf of Mexico and Brazil. The Revolutionary Imaging Technique (RIT) is utilized to achieve image fidelity in difficult conditions.
- Headquarters Denver, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website waveseis.com
- Social LinkedIn X Facebook
- Acquired by Spectrum (Apr 2017)
- Total Equity Funding$30K (USD)
in 1 rounds
- Latest Funding Round$30K (USD), Seed
Feb 2013
- InvestorsSpectrum Geo
& 1 more
- Acquired bySpectrum
(Apr 2017)
Funding Insights of Waveseis
Waveseis has successfully raised a total of $30K through 1 strategic funding round. The most recent funding activity was a Seed round of $30 thousand completed in February 2013. 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 $30,000
- Total Rounds 1
- Last Round Seed — $30,000
- First Round $30,000
(Feb 2013)
- Investors Count 1
All 1 funding rounds of Waveseis 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 2013 | $30,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Waveseis
Waveseis has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Spectrum Geo and Surge Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital services are extended to early-stage startups. | surgeventures.com | Houston, United States | ||
Seismic data and image service provider | 1986 | spectrumgeo.com | Oslo, Norway |
Investor details for Waveseis
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 Waveseis
3 dated milestones of Waveseis across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Waveseis is founded.
- Funding First funding round of $30K.
- Exit Acquired by Spectrum.
Competitors of Waveseis
Waveseis has 3 listed competitors in our database, 2 of them funded. They include Wireless Seismic, ION Geophysical and MicroSeismic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wirelessseismic.com | 2006 | Stafford, United States | $78.05M | 31 | Developers of wireless seismic recording systems | |
| iongeo.com | 1967 | Houston, United States | 428 | AI-driven seismic solutions are provided for oil and gas exploration. | ||
| microseismic.com | 2003 | Houston, United States | $133.07M | Microseismic monitoring services for hydrocarbon exploration and production are provided. |
Detailed competitors of Waveseis
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Oil & Gas Technology Solutions
3 companies that operate in the same segment as Waveseis (Oil & Gas Technology Solutions) in United States, 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 | ||
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M |
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Frequently Asked Questions about Waveseis
Waveseis was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Waveseis is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Waveseis is a funded company, having raised a total of $30K across 1 funding round to date. The company's 1st funding round was a Seed of $30K, raised on Feb 2013.
Waveseis was founded in 2012 in Denver, United States, and operates in the seismic imaging sector for oil and gas exploration. A complete velocity estimation and imaging workflow is being developed based on the two-wave equation to address sub-salt field challenges in the Gulf of Mexico and Brazil. The Revolutionary Imaging Technique (RIT) is utilized to achieve image fidelity in difficult conditions.
Waveseis's top competitors include MicroSeismic, Wireless Seismic and ION Geophysical.
Waveseis has 2 investors. Key investors include Spectrum Geo, and Surge Ventures.
Yes. Waveseis was acquired by Spectrum in April 2017.