# SeekOps

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

- Industry: Oil & Gas
- Headquarters: Austin, US
- Website: www.seekops.com
- Total disclosed funding: $14M
- Latest round: Series B (Jul 1, 2021)
- Investors on record: 4

## About

SeekOps Inc. is a technology company focused on advanced emissions monitoring solutions, primarily specializing in methane Leak Detection and Quantification (LDAQ™) to support environmental compliance across various industries.Founded in 2017 in Austin, US, SeekOps Inc. provides advanced emissions monitoring and detection solutions. The company, founded by Brendan Smith, has completed three funding deals, with the most recent being a Series B round in July 2021, raising USD 14.00 mn led by Schlumberger Limited, alongside participation from Caterpillar Ventures, Equinor Ventures, and Oil and Gas Climate Initiative. CEO Iain Cooper oversees operations as the company continues to expand its market presence.SeekOps specializes in advanced emissions monitoring, detection, and quantification technologies, with a focus on methane Leak Detection and Quantification (LDAQ™). The company's core product, the SeekIR® sensor, is engineered for rigorous industrial applications and has been validated for its efficacy in delivering critical emissions Measurement Reporting and Verification (MRV™). SeekOps’ solutions combine autonomous enterprise-grade drones with proprietary sensor technology, allowing for efficient and accurate detection of methane leaks across sectors such as onshore and offshore energy, renewable natural gas, and waste management. By automating workflows, SeekOps aims to enhance operational safety and asset integrity, ultimately helping clients meet regulatory compliance and sustainability goals. The company’s products are deployed in various geographical markets, including North America, Europe, and parts of Asia, addressing the needs of energy companies, waste management firms, and utilities.SeekOps generates revenue primarily through the sale of its emission monitoring solutions and associated data analytics services. The company typically structures its transactions on a B2B model, providing services directly to industrial clients who require emissions detection and quantification. Partnerships and subscription models may also be employed, allowing clients to access ongoing support and software updates. SeekOps’ flagship product, the SeekIR® sensor, is integral to their offerings, with comprehensive service packages designed to maximize customer value. By facilitating accurate emissions reporting and compliance verification, SeekOps not only supports its clients in enhancing their operational efficiency but also enables them to achieve sustainability objectives.In July 2021, SeekOps Inc. raised USD 14 mn in Series B funding, led by Schlumberger Limited, to support operational expansion and broaden its business reach. The company aims to develop new products to enhance its emissions monitoring capabilities and is looking to expand into new markets, particularly increasing its footprint in Europe and Asia by 2023. The recent funding will be utilized to bolster product development and operational capabilities to meet the growing demand for environmental compliance solutions in these regions.

## Funding rounds

- Series B, Jul 1, 2021, $14M — SLB, Caterpillar Ventures, Oil and Gas Climate Initiative, Equinor Ventures

## Investors

- SLB — Series B
- Caterpillar Ventures (https://capitalatlas.ai/funds/caterpillar-ventures) — Series B
- Oil and Gas Climate Initiative — Series B
- Equinor Ventures — Series B