# MicroSeismic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/microseismic

- Industry: Oil & Gas
- Headquarters: Houston, US
- Website: www.microseismic.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Aug 14, 2006)
- Investors on record: 3

## About

MicroSeismic, Inc. is a US-based company specializing in advanced geophysical monitoring solutions, focusing on microseismic data acquisition and analysis for the energy sector.Founded in 2003 and headquartered in Houston, US, MicroSeismic, Inc. provides microseismic monitoring solutions for various geological applications. Peter Duncan serves as both the founder and current CEO of the company. MicroSeismic has attracted notable investment, recently completing a RECAPITALISATION round for USD 100.00 mn, bringing the total amount raised to USD 100.00 mn. The firm has completed a total of 6 deals in its history.MicroSeismic Inc. specializes in advanced geophysical monitoring solutions, focusing on microseismic data acquisition and analysis. Their core offerings include real-time energy and environmental monitoring technologies that optimize hydraulic fracturing, enhance reservoir management, and ensure subsurface monitoring. Flagship products such as FracRX® for frac-driven interactions and CO2SeQure® for carbon capture and sequestration provide operators with critical insights into underground fractures, fluid flow, and geological stress states. Their clients span the oil and gas industry, geothermal energy sectors, and carbon sequestration projects across North America and select international markets.MicroSeismic generates revenue through service contracts and real-time monitoring solutions tailored for the energy sector. Their business model involves direct partnerships with oil and gas operators, facilitating continuous data monitoring and analysis for ongoing projects. Transactions generally encompass service agreements with varying lengths and scales based on client needs, and they execute multiple contracts for various projects, providing real-time event reporting and proprietary data analysis. The company’s revenue is driven by comprehensive monitoring solutions, including proprietary technologies like the MicroStar® Recording Acquisition Truck, enhancing customer decision-making capabilities.MicroSeismic plans to leverage recent funding to support the development of new products and to expand its market reach. The company is focusing on designing advanced monitoring technologies specifically aimed at enhancing the efficiency of hydraulic fracturing operations and carbon capture initiatives. Additionally, MicroSeismic aims to expand its services into international markets, particularly targeting regions with emerging energy sectors by 2025. The recent RECAPITALISATION funding, amounting to USD 100.00 mn, will be instrumental in supporting these strategic initiatives.

## Funding rounds

- Series A, Aug 14, 2006, $7M — Altira Group, RockPort Capital Partners, Chevron Technology Ventures
- Series A, Nov 1, 2003, $0.5M — Altira Group, Chevron Technology Ventures

## Investors

- Altira Group (https://capitalatlas.ai/funds/altira-group) — Series A
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- RockPort Capital Partners (https://capitalatlas.ai/funds/rockport-capital-partners) — Series A