GeologicAI Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 175

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $30M

  • Investors
  • 6

GeologicAI General Information

Description

Developer of a cloud-based platform designed to offer hosting, visualizing and analyzing geological, production and other oil and gas data. The company's platform specializes in the generation and analysis of high-resolution geological data at the millimeter scale which is required for everyday's challenging unconventional resources, enabling exploration and production companies with valuable reservoir insights in the oil and gas and mining industries.

Contact Information

Website
www.geologicai.com
Formerly Known As
Enersoft
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 7745 66th Street SouthEast
  • Calgary, Alberta T2C 5S9
  • Canada
+1 (403)
Primary Industry
Other Hardware
Vertical(s)
CloudTech & DevOps, SaaS, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • 7745 66th Street SouthEast
  • Calgary, Alberta T2C 5S9
  • Canada
+1 (403)

GeologicAI Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

GeologicAI Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series A) 25-Sep-2023 $30M Completed Generating Revenue
6. Later Stage VC 01-Jul-2021 Completed Generating Revenue
5. Secondary Transaction - Private Completed Generating Revenue
4. Later Stage VC Completed Generating Revenue
3. Grant 01-Oct-2019 Completed Generating Revenue
2. Grant 20-Nov-2018 $200K $3.53M Completed Startup
1. Seed Round 01-Jan-2013 $3.53M $3.53M Completed Startup
To view GeologicAI’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

GeologicAI Patents

  • 19

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • 13

    Pending

  • Expiring in next 12 mo

GeologicAI Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3223962-A1 Laser induced breakdown spectroscopy for geological analysis Pending 25-Jun-2021
AU-2022297922-A1 Laser induced breakdown spectroscopy for geological analysis Pending 25-Jun-2021
US-20240167961-A1 Laser induced breakdown spectroscopy for geological analysis Pending 25-Jun-2021
EP-4359774-A1 Laser induced breakdown spectroscopy for geological analysis Pending 25-Jun-2021
AU-2021342788-A1 Multiple-sensor analysis of geological samples Active 16-Sep-2020 G01N33/24
To view GeologicAI’s complete patent history, request access »

GeologicAI Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

GeologicAI Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Breakthrough Energy Impact Investing Minority
EDC Investments Corporate Venture Capital Minority
Creative Destruction Lab Accelerator/Incubator
TECTERRA Venture Capital Minority
Western Innovation Government
You’re viewing 5 of 6 investors. Get the full list »

GeologicAI Acquisitions (1)

GeologicAI’s most recent deal was a Merger/Acquisition with Resource Modeling Solutions for . The deal was made on 01-Feb-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Resource Modeling Solutions 01-Feb-2024 Merger/Acquisition Business/Productivity Software
To view GeologicAI’s complete acquisitions history, request access »

Ready to get started?

Request a free trial

GeologicAI Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Resource Modeling Solutions Calgary, Canada 2018

GeologicAI FAQs

  • When was GeologicAI founded?

    GeologicAI was founded in 2013.

  • Where is GeologicAI headquartered?

    GeologicAI is headquartered in Calgary, Canada.

  • What is the size of GeologicAI?

    GeologicAI has 175 total employees.

  • What industry is GeologicAI in?

    GeologicAI’s primary industry is Other Hardware.

  • Is GeologicAI a private or public company?

    GeologicAI is a Private company.

  • What is GeologicAI’s current revenue?

    The current revenue for GeologicAI is .

  • How much funding has GeologicAI raised over time?

    GeologicAI has raised $40.8M.

  • Who are GeologicAI’s investors?

    Breakthrough Energy, EDC Investments, Creative Destruction Lab, TECTERRA, and Western Innovation are 5 of 6 investors who have invested in GeologicAI.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »