Seeq, a Seattle, WA-based company which specializes in industrial analytics, AI, and monitoring, raised $50M in Series D funding.
The round, which brought the total amount to $165M, was led by Sixth Street Growth, with participation from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures. Nari Ansari, Managing Director at Sixth Street Growth, will join Seeq’s Board of Directors.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Dr. Lisa Graham, Seeq specializes in advanced analytics, AI, and enterprise monitoring for industrial companies. It delivers a self-service, enterprise SaaS platform and solutions to accelerate critical insights and action from historically unused data. Players across energy, pharmaceutical, specialty chemical, materials, mining, utility, and numerous other vertical industries use it to optimize business and production outcomes, including yield, margins, quality, and sustainability. The company has employees across the United States, Asia, Canada, Europe, and South America.
FinSMEs
06/08/2024