Geosoft Inc.

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Geosoft Inc. - overview

Established

1986

Location

Toronto, ON, Canada

Primary Industry

Software

About

Geosoft Inc. is a technology company specializing in geoscience software solutions that support industries such as mining, civil engineering, environmental science, and energy production. Geosoft Inc. develops software solutions for geoscience applications, focusing on improved exploration and resource management.


Founded in 1986 and headquartered in Toronto, Canada, Geosoft was acquired by Seequent Limited in December 2018. Erik Uzbekov serves as the CEO. Geosoft’s suite of products includes advanced software solutions designed for geological modeling and data management. Their offerings encompass Leapfrog for 3D geological visualizations, OpenGround for geotechnical data management, PLAXIS for geotechnical analysis, and GeoStudio for slope stability and groundwater modeling.


Their software products cater to clients in diverse sectors across North America, Europe, Australia, and parts of Asia. In the most recent fiscal year, Geosoft reported a revenue of USD 16. 65 mn. Following the acquisition by Seequent Limited in November 2018, the company is focusing on integrating its software offerings with Seequent's technologies to enhance its product portfolio.


Geosoft aims to expand into new geographical markets, including Europe and Asia, and plans to launch updated versions of its key software products by the end of 2022. The funding from the acquisition will support these expansion and product development initiatives.


Current Investors

Seequent Limited

Primary Industry

Software

Sub Industries

Consulting Services, Scientific Software, Engineering Software, Analytics & Performance Software

Website

www.geosoft.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Geosoft Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGeosoft Inc.-

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