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To help the energy industry transition towards a trusted, data-driven, and sustainable future.
Investor pressure on cashflow robustness is a constant form in executive’s sides. However, for the oil & gas industry, Zeno’s founders realized that what the industry had wasn’t just a “tools” issue, but an endemic data issue that made it prohibitively difficult for energy companies to leverage data to create actionable business insights.
In response, Zeno Technologies has developed a data aggregation and analytics platform. It helps oil and gas companies analyse multiple operational scenarios through financial modeling with the goal of providing consistent returns to investors.
Zeno’s focus now is on expanding its product capabilities through investment in its team. At the same time, its customer-facing team in Oklahoma will be working to demonstrate the software’s value to its growing customer base.
Perhaps the biggest challenge for Zeno will be bucking the trend of oil & gas companies’ typical aversion to software investment. However, a team well-rooted in the industry with a precisely developed proposition - signalling cashflow security for investors - have a great shot at overcoming any hesitation.
Steph
Company Specialist at Welcome to the Jungle
Jan 2020
$5.5m
SEED
This company has top investors
Sealy Laidlaw
(CEO)Previously a Principal at Valor Equity Partners. Prior to that, worked as VP of Field Operations and Radius Intelligence. MBA from Harvard.
Joel Carusone
(CTO)Previously a Management Executive at Kabbage, a FinTech. Before that, was CEO of Radius Intelligence.