How Much Did SeekOps Raise?
Funding & Key Investors

SeekOps, an Austin-based innovator in emissions inspection technology, has successfully secured significant capital to scale its operations. The company has reached a total valuation milestone represented by $14.8M, bolstered by a recent strategic injection of $14M. This latest financing round underscores the growing market demand for precise, low-cost methane detection solutions within the global energy sector.

The company's trajectory reflects a deliberate shift from early-stage debt financing to a robust Series B capital structure. By leveraging proprietary unmanned aerial systems and advanced sensing technology, SeekOps has positioned itself as a critical partner for supermajors and utility providers aiming to meet stringent environmental, social, and governance (ESG) mandates.

What is SeekOps?

SeekOps
Business ServicesResearch & Development

Founded in 2017, SeekOps specializes in the localization and quantification of methane emissions. By integrating small unmanned aerial systems (UAS) with high-fidelity sensing hardware, the firm provides actionable data that allows oil and gas operators to identify leaks with unprecedented accuracy. This capability is essential for companies navigating the complex regulatory landscape of the energy transition, where reducing fugitive emissions is a primary operational and environmental objective. SeekOps serves a diverse client base, ranging from domestic gas utilities to international energy supermajors, effectively bridging the gap between industrial efficiency and environmental stewardship.

How much funding has SeekOps raised?

SeekOps has raised a total of $14.8M across 3 funding rounds:

2020

Debt

$350K

2021

Debt

$419K

Series B

$14M

Debt (2020): $350K with participation from PPP

Debt (2021): $419K led by PPP

Series B (2021): $14M supported by Equinor Ventures, Caterpillar Venture Capital, SLB, and OGCI Climate Investments

Key Investors in SeekOps

SLB

SLB is a global technology company focused on enabling access to energy while advancing solutions that support a lower-carbon future. The organization operates at the intersection of energy innovation and industrial technology, helping energy producers explore, develop, and manage resources more efficiently and responsibly.

Equinor Ventures

The venture arm of the international energy company Equinor, focusing on investments in renewable energy, low-carbon solutions, and digital technologies that support the energy transition.

Caterpillar Venture Capital

The corporate venture capital arm of Caterpillar Inc., which invests in early-stage companies that provide innovative technologies and solutions relevant to the construction, energy, and transportation industries.

What's next for SeekOps?

With the infusion of Series B capital, SeekOps is poised to accelerate its international expansion and enhance its sensor technology suite. The strategic backing from industry leaders suggests a focus on deepening integration within existing energy infrastructure, potentially moving toward automated, continuous monitoring solutions. As global pressure to decarbonize the energy supply chain intensifies, SeekOps is well-positioned to capture additional market share by providing the empirical data necessary for verifiable emissions reduction. Future growth will likely center on scaling service delivery models and refining the proprietary algorithms that drive their leak detection precision.

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Frequently Asked Questions Regarding SeekOps Financial Insights

What are the most recent funding rounds that SeekOps has completed, and what were the funding rounds?
SeekOps has recently completed 3 funding rounds: Series B on Jul 1, 2021, Debt on Feb 3, 2021, Debt on Apr 28, 2020.
What is the total amount of funding SeekOps has raised to date?
SeekOps has raised a total of $14.8M in funding to date.
How many funding rounds has SeekOps completed?
SeekOps has completed 3 funding rounds.
How much funding did SeekOps raise in its most recent funding round?
SeekOps raised $14M in its most recent funding round.
Who are the lead investors in SeekOps's latest funding round?
The lead investor in SeekOps's latest funding round was Equinor Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SeekOps's history?
The largest funding round in SeekOps's history was $14M.
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