How Much Did ROGII Raise?
Funding & Key Investors

ROGII, a specialist in geosteering technologies for the oil and gas sector, has secured $368K in total capital. The company recently announced a significant strategic investment of $218K, underscoring its position in the market. This latest financing round marks a substantial step in ROGII's growth trajectory, reflecting investor confidence in its advanced drilling solutions.

What is ROGII?

ROGII
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Established in 2013, ROGII is at the forefront of developing world-class geosteering technologies tailored for diverse oil and gas reservoirs, including Shale, Tight, Heavy oil, CBM, and Conventional formations. The company is dedicated to advancing horizontal well placement and directional drilling through its proprietary StarSteer software. This innovative platform is designed to revolutionize drilling operations, offering comprehensive solutions that enhance precision and efficiency. ROGII's commitment to cutting-edge technology positions it as a leader in the geosteering domain, providing expert services and advanced tools to optimize well performance.

How much funding has ROGII raised?

ROGII has raised a total of $368K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$218K

Debt (2020): $150K with participation from PPP

Debt (2021): $218K led by PPP

What's next for ROGII?

With the recent large-scale, late-stage investment, ROGII is poised for significant expansion and further development of its geosteering capabilities. This strategic financing is expected to fuel advancements in its StarSteer software and broaden its market reach within the global oil and gas industry. The company's focus on revolutionizing well placement and directional drilling suggests a strategic push towards solidifying its market leadership and exploring new technological frontiers. ROGII's continued innovation in geosteering solutions indicates a strong future outlook, aiming to set new industry standards for drilling efficiency and accuracy.

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Frequently Asked Questions Regarding ROGII Financial Insights

What are the most recent funding rounds that ROGII has completed, and what were the funding rounds?
ROGII has recently completed 2 funding rounds: Debt on Mar 6, 2021, Debt on Apr 7, 2020.
What is the total amount of funding ROGII has raised to date?
ROGII has raised a total of $368K in funding to date.
How many funding rounds has ROGII completed?
ROGII has completed 2 funding rounds.
How much funding did ROGII raise in its most recent funding round?
ROGII raised $218K in its most recent funding round.
Who are the lead investors in ROGII's latest funding round?
The lead investor in ROGII's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ROGII's history?
The largest funding round in ROGII's history was $218K.
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