# Rocsole

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

- Industry: Software
- Headquarters: Kuopio, Finland
- Website: www.rocsole.com
- Total disclosed funding: $5.7M
- Latest round: Series A (Nov 24, 2021)
- Investors on record: 1

## About

Rocsole Ltd. is a technology company specializing in electrical tomography for fluid systems, providing critical monitoring solutions to enhance operational efficiency in various industries.Founded in 2012 and headquartered in Kuopio, Finland, Rocsole Ltd. focuses on electrical tomography applications for industries such as oil and gas and manufacturing. The company has completed 6 deals, with its most recent funding round being a Series A on November 24, 2021, raising EUR 5 million led by Springvest Oy. The founder, Pasi Laakkonen, has a history in founding technology companies, and currently, Pekka Kaunisto serves as CEO.Rocsole specializes in electrical tomography and its application in fluid systems, providing innovative solutions for industries such as oil and gas, manufacturing, and refineries. Their core product line includes the SeeBeyond technology, which allows for 24/7 monitoring of production conditions through advanced detection systems. This technology enhances operational efficiency by enabling clients to detect liquid levels, monitor sand and solids, and improve overall safety in industrial processes. Rocsole's clientele includes mid-size oilfields and blue-chip partners who utilize these systems to optimize operations and meet their environmental, social, and governance (ESG) goals. The company primarily serves markets in Europe and North America, focusing on sectors that require precise monitoring and management of fluid systems.In the most recent fiscal year 2023, Rocsole achieved a revenue of EUR 947,855.4, with an EBITDA of EUR -5,656,688.2. The company generates revenue through direct business-to-business transactions, partnering with companies in energy production and manufacturing sectors, typically under a subscription model for their flagship products such as the SeeBeyond technology.Rocsole Ltd. plans to utilize the EUR 5 million raised in its latest Series A funding to grow its team and enhance product features. The company is focused on designing new products and expanding into new markets, particularly in Europe and North America, by the end of 2023. This strategic investment aims to bolster their monitoring solutions and strengthen their market position in the fluid systems industry.

## Funding rounds

- Series A, Nov 24, 2021, $5.7M — Springvest

## Investors

- Springvest (https://capitalatlas.ai/funds/springvest) — Series A