Seeq Announces $50 Million Series D Funding Led by Sixth Street Growth

Seeq, a leader in industrial analytics, AI, and monitoring, announced that it has closed a $50 million Series D funding round led by Sixth Street Growth, a leading global investment firm, 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 of Sixth Street Growth, will join the Seeq Board of Directors.

Founded in 2013, Seeq serves hundreds of clients in 36 countries across energy, chemicals, pharmaceuticals, utilities, mining and materials, and other industrial sectors.

“Seeq has established itself as an industry leader in industrial analytics through continuous, customer-driven innovation, including its latest product, Seeq Vantage for Industrial Enterprise Monitoring. This investment strengthens Seeq’s ability to support the critical industry needs of our customers. We are excited to continue our growth with a stronger balance sheet and partnership with Sixth Street,” said Dr. Lisa Graham, CEO of Seeq.

“Seeq is uniquely positioned to build next-generation technologies, especially AI, to optimize manufacturing and operational processes across multiple industries,” said Ansari. “Seeq integrates a company’s disparate time-series operational data sources with other structured and unstructured data to provide unique insights that help companies understand the best and most challenging aspects of their operations.”

“Every company is looking to identify key improvements through use cases such as golden batches, emissions reduction, energy utilization, asset optimization, and predictive maintenance,” added Claire Zhang and Chris Perron, Vice Presidents of Sixth Street Growth. “We believe Seeq will continue to transform how organizations unleash the power of their people and data to drive consistent, sustainable business outcomes.”

Head of Industrial Data Science and Advanced Automation, Synsqo (formerly Solvay) Dr. Sami Bahroun said:“Seeq enables us to make data-driven decisions across many use cases that deliver fast, quantifiable, real value. The new GenAI, advanced machine learning, and industrial monitoring capabilities address an unmet need to address today’s workforce upskilling and operational challenges. We look forward to continuing to accelerate our digital transformation efforts and capturing more value across the enterprise with Seeq.”

Lazard served as financial advisor to Sixth Street Growth on this investment.