Seeq Scores $50M Series D Funding Round

Seeq, a leader in industrial analytics, AI, and monitoring, has closed a $50 million Series D funding round led by leading global investment firm Sixth Street Growth, with participation from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures.

This round brings Seeq’s total funding to approximately $165 million. Nari Ansari, managing director at Sixth Street Growth, will join Seeq’s Board of Directors.

Founded in 2013, Seeq serves customers in energy, chemicals, pharmaceuticals, utilities, mining and materials, and other industrial sectors in 36 countries.

“Seeq has become the industry leader in industrial analytics through continuous, customer-inspired innovation, including its newest product, Seeq Vantage for Industrial Enterprise Monitoring,” said Lisa Graham, CEO at Seeq. “This investment bolsters Seeq’s ability to support our customers’ critical industry needs. We are excited to continue our growth with a stronger balance sheet and partnership with Sixth Street.”

Ansari added that “Seeq is uniquely positioned to build the next generation of technologies, especially AI, to optimize manufacturing and operational processes across multiple industries. Seeq brings together a company’s disparate time-series operational data sources with other structured and unstructured data to enable unique insights into understanding both the best and most challenging aspects of their operations.”

Seeq, a global leader in advanced analytics, AI, and enterprise monitoring for industrial companies, delivers a self-service, enterprise SaaS platform and solutions to accelerate critical insights and action from historically unused data. Energy, pharmaceutical, specialty chemical, materials, mining, utility, and numerous other vertical industries rely on Seeq to optimize business and production outcomes, including yield, margins, quality, and sustainability. Seeq has offices across the US, Asia, Canada, Europe, and South America.