Geosoft

Name

Geosoft

Legal name

Seequent

Website

https://geosoft.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

51–100 employees

Short description

Seequent, operating as The Bentley Subsurface Company and formerly known as Geosoft, provides 3D geological modelling, geophysical, and geotechnical software (Leapfrog, Oasis montaj, PLAXIS, GeoStudio) to mining, civil infrastructure, energy, and environmental enterprises worldwide via subscriptions.

Ownership category

akta.pro rank

Product category

Subsurface Intelligence Software

NAICS

Geophysical Surveying and Mapping Services (54136), Support Activities for Mining (2131), Support Activities for Oil and Gas Operations (213112)

SIC

Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

akta.pro secondary industries

Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK), Geotechnical Site Investigation & Engineering Geology (Borings, Lab Testing) (EUAHAFAE), Geotechnical & Subsurface Engineering Consulting (BPAHAIAB)

Keywords

• Subsurface intelligence software
• 3D geological modeling
• Geophysical data processing
• Geotechnical analysis software
• Drillhole visualization

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Software Licenses and Subscriptions: Enterprise software licensing model providing access to Geosoft products including Target, Oasis montaj, and related subsurface analysis tools. Subscription-based access to software, updates, and support services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Geosoft, now operating as Seequent (The Bentley Subsurface Company), sells enterprise subsurface intelligence software for 3D geological modelling, drillhole visualisation and exploration analysis, geophysical data processing, geotechnical finite element analysis, and data management and collaboration. Its portfolio includes the Leapfrog 3D modelling family, Target for drillhole analysis, Oasis montaj for geophysics, PLAXIS and GeoStudio for geotechnical analysis, and Seequent Evo as the overarching platform. Customers are primarily large mining companies, civil engineering design firms, energy companies, and environmental consultancies.

Product overview

Seequent (formerly Bentley Subsurface Company) offers a platform-plus-modules architecture for earth modelling, analysis, data management and collaboration software serving the mining, civil, environmental and energy industries. The core product portfolio includes Leapfrog 3D geological modelling family (Geo for mining, Energy for energy projects, Works for civil/environmental), Target (formerly Geosoft Target) for drillhole visualisation and analysis, Oasis montaj for geophysical modelling, and Seequent Evo as the overarching platform. Supporting modules include geotechnical solutions (PLAXIS, GeoStudio, OpenGround), geophysics tools (Aarhus GeoSoftware family), data management (Imago imagery, MX Deposit, Seequent Central), and specialised extensions. The company claims 9/10 of the world's largest mining companies, 10/10 of largest civil engineering design firms, 6/10 of largest energy companies, and 7/10 of largest environmental consultancies use their software.

Differentiator

Problem solved

Functional benefit

Brands

• Geosoft Target: Early-stage exploration software solution for drillhole visualisation and analysis, including integration with ArcGIS Pro.

Products and services

• Target (Geosoft Target) Standalone enterprise software for drillhole visualisation and analysis in early-stage mineral exploration, enabling geologists to load, query, and interpret drillhole data and produce sections and 3D views.
• Oasis montaj Standalone geophysical data processing, modelling, and interpretation platform for ground and marine geophysical surveys including UXO detection and large-scale environmental and exploration projects.
• Leapfrog Geo Standalone 3D geological modelling software for mining projects, using implicit modelling to build geological models efficiently from scattered drillhole and mapping data.
• Leapfrog Energy Standalone 3D geological modelling software for energy projects in geothermal, oil and gas, wind, and carbon capture and storage.
• Leapfrog Works Standalone 3D geological modelling software for civil and environmental projects including slope stability, groundwater analysis, dams and levees, and contaminated site work.
• Seequent Central Standalone cloud-based geological model management platform for centralised collaboration, version control, and sharing of subsurface models across geoscience teams.
• Imago Standalone software for capturing, curating, organising, and analysing geological imagery, particularly drill core photography, to streamline core logging workflows in mineral exploration.
• MX Deposit Standalone drillhole and sample data management system for mineral exploration projects, providing a central repository for drilling, assay, and geological data.
• Volsung Standalone geothermal reservoir simulation software used to model and analyse geothermal resources for heat and power projects.
• OpenGround Standalone geotechnical data management platform for collecting, storing, and managing borehole, laboratory, and field geotechnical data across civil infrastructure projects.
• PLAXIS Standalone geotechnical analysis software suite for finite element analysis of deformation and stability in soil and rock, used in civil and energy engineering design.
• GeoStudio Standalone slope stability, groundwater seepage, stress/deformation, and environmental analysis software suite for geotechnical engineers.
• Aarhus GeoSoftware (AGS) Standalone geophysical processing and inversion software for EM and ERT/IP surveys, including 2D, 3D, TEM, and DC/IP VES workflows used in groundwater, geotechnical, and mineral exploration.
• Seequent Evo Standalone geoscience platform that connects subsurface data, third-party and Seequent software, and compute to enable collaboration and continuous innovation across mining, civil, energy, and environmental projects.

Quantifiable outcome

• Reduced core logging time from 50 hours to 10 hours for 2000m core using Imago software
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Bentley SystemscoreStrategic or Co-development PartnerBentley Systems (The Bentley Subsurface Company) owns Seequent, incorporating Geosoft products into its broader infrastructure software ecosystem. This is a parent-subsidiary relationship with deep integration between Bentley's infrastructure design tools and Seequent's subsurface analysis solutions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Datamine: Datamine provides mining software for geological modelling, resource estimation, and mine planning. It directly competes with Leapfrog Geo, MX Deposit, and other Seequent products in the mining exploration workflow.
• Maptek: Maptek offers Vulcan for geological modelling and mine planning, plus domain tools for resource estimation. It is one of the most direct competitors to Seequent/Geosoft in 3D geological modelling for mining.
• Micromine: Micromine provides exploration and mine planning software (Micromine, Pitram, Geobank) that overlaps directly with Seequent's exploration, resource modelling, and drillhole data management products.
• SLB (Schlumberger) — Petrel: SLB's Petrel platform is the dominant geoscience and reservoir engineering software in oil & gas and increasingly in mining. It competes directly with Leapfrog Energy, Oasis montaj, and other Seequent offerings.
• acQuire Technology Solutions: acQuire provides geoscientific data management software (acQuire 4) that competes with MX Deposit, Imago, and Seequent Central for managing drillhole and geological data.
• Esri (ArcGIS): Esri's ArcGIS platform is the dominant GIS in mining and civil engineering, and is partially integrated with Geosoft via 'Target for ArcGIS Pro'. It is both a partner and a potential substitute for spatial subsurface workflows.

Broad incumbents

• Emerson (Paradigm): Emerson's Paradigm suite (now part of E&P software) provides subsurface interpretation and reservoir characterisation tools that overlap with Oasis montaj and Leapfrog Energy offerings.
• Dassault Systèmes (GEOVIA): Dassault's GEOVIA brand (Surpac, GEMS, MineSched) provides geological modelling and mine planning software, competing with Leapfrog Geo and offering integrated mine planning workflows beyond Seequent's current scope.
• Hexagon Mining: Hexagon's mining division (including HxGN MinePlan and geological tools) offers end-to-end mining workflows that compete with Seequent on the mine planning side and increasingly on geological modelling.
• CGG: CGG provides geoscience software and seismic data services; its GeoSoftware division (HampsonRussell, Jason, InsightEarth) competes with Oasis montaj in seismic interpretation workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Geosoft
• YouTubeyoutube.com/@Seequent
• Facebookfacebook.com/GeosoftInc
• LinkedInlinkedin.com/company/geosoft-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geosoft