NEOS GeoSolutions
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NEOS GeoSolutions - overview
Established
2009
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
NEOS GeoSolutions provides advanced technology solutions tailored for various industries, focusing on data analytics and operational efficiency for businesses ranging from small enterprises to large corporations. Founded in 2009 and headquartered in Houston, US, NEOS GeoSolutions specializes in technology solutions that enhance business operations. The company has secured USD 60. 00 mn in funding through six deals, with the latest funding round closing on January 18, 2011, involving investors like Energy Capital Group and Goldman Sachs Merchant Banking Division.
There is no information indicating any significant changes in business strategy or operations since its inception. NEOS GeoSolutions offers an advanced software platform that integrates business processes, enhancing operational efficiency. Key features include data analytics, customer relationship management, and supply chain optimization. The company's solutions cater to various sectors such as retail, logistics, and healthcare, and are marketed across North America, Europe, and parts of Asia, reflecting the growing demand for digital transformation.
The company employs a subscription-based revenue model that includes long-term contracts for access to its software platform. Subscription plans are tiered to accommodate different business sizes, with smaller enterprises utilizing basic subscriptions, while larger clients benefit from comprehensive packages with advanced functionalities and dedicated support. Revenue is bolstered by additional fees for premium services, ensuring a steady income stream from its core products. NEOS GeoSolutions plans to leverage its recent funding of USD 60.
00 mn, secured in January 2011, to accelerate the development of new products aimed at enhancing operational efficiencies for its clients. The company is also targeting expansion into additional markets in Europe and Asia by 2023 to capture the rising demand for innovative technology solutions. The funding will support these initiatives, aiming to solidify its market presence and drive growth.
Current Investors
Kleiner Perkins, Goldman Sachs Asset Management, DAG Ventures
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production
Website
www.neosgeo.com
Company Stage
Series B
Total Amount Raised
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