ARANZ Geo Ltd

What ARANZ Geo Ltd does

ARANZ Geo Ltd, trading as Seequent and rebranded as 'The Bentley Subsurface Company' following its acquisition by Bentley Systems, is a New Zealand-headquartered (Christchurch) developer of earth-modelling, geotechnical analysis, geophysical processing, and subsurface data-management software. The portfolio is organized as a platform-plus-modules architecture: the 3D geological modelling family (Leapfrog Geo, Leapfrog Works, Leapfrog Energy, plus geostatistical extensions Edge and Contaminants) is built on proprietary implicit modelling technology that compresses model-build times relative to traditional explicit modelling. It is flanked by geotechnical suites (PLAXIS 2D/3D with Monopile Designer, GeoStudio 2D/3D with Flow, OpenGround), geophysical platforms (Oasis montaj with UXO Land/Marine, Aarhus GeoSoftware Workbench/Res2DInv/Res3DInv/SPIA), exploration and data-management tools (Target with ArcGIS Pro integration, Imago, MX Deposit), geothermal-specific simulation (Volsung), the cloud-based Seequent Evo with BlockSync and Driver, and the Visible Geology education platform. Named customers include Newmont, Freegold Ventures, Cornish Lithium, WSP, the Melbourne Metro Tunnel Project, Fervo Energy, and Google (via geothermal-powered data centers).

Name

ARANZ Geo Ltd

Legal name

ARANZ Geo Ltd

Website

https://aranzgeo.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

ARANZ Geo Ltd (Seequent), a Bentley Systems subsidiary based in Christchurch, New Zealand, builds earth-modelling, geotechnical, geophysical, and subsurface data-management software for mining, civil, energy, and environmental enterprises, led by the Leapfrog and PLAXIS product families and the Seequent Evo cloud platform.

Ownership category

akta.pro rank

Product category

Geoscience and Geotechnical 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 industry

PRIMARYIMAKAKAA

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

Industrials, Manufacturing & Construction/Metals & Mining/Mining Services & Contracting (Exploration, Drilling, Blasting, Mine Operations)

SECONDARYEUALABAK

Seismic & Geoscience Services (Acquisition, Processing, Interpretation)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Oilfield Services & Drilling (OFS)

SECONDARYBPAHAIAB

Geotechnical & Subsurface Engineering Consulting

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Engineering & Technical Consulting

SECONDARYEUALAAAA

Exploration & Prospecting (Geology, Geophysics, Seismic)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Upstream Exploration & Production (E&P)

Keywords

• Geological modelling software
• Geotechnical analysis software
• Subsurface data management
• Geophysical processing software
• Geoscience collaboration platform

Headquarters

HQ city

Christchurch

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licenses and Subscriptions: Seequent generates revenue primarily through software licensing and subscription models for its professional geoscience and geotechnical software products. Products include enterprise-level solutions for mining, civil, energy, and environmental applications. The company offers subscription-based access to its software portfolio including Seequent Evo platform, with pricing likely based on seats or enterprise agreements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

ARANZ Geo Ltd (trading as Seequent, The Bentley Subsurface Company) develops and licenses earth-modelling, geotechnical analysis, geophysical processing, and subsurface data management software for mining, civil engineering, energy, and environmental organizations. Its Leapfrog product family delivers proprietary implicit 3D geological modelling, complemented by PLAXIS and GeoStudio for geotechnical analysis, Oasis montaj for geophysical workflows, Imago and MX Deposit for drillhole data management, and the Seequent Evo cloud platform for integrated collaboration.

Product overview

ARANZ Geo Ltd (trading as Seequent) offers a comprehensive portfolio of earth-modelling, analysis, data management, and collaboration software for the mining, civil, environmental, and energy industries. The product suite operates as a platform-plus-modules architecture centred on Leapfrog for 3D geological modelling, supplemented by geotechnical solutions (PLAXIS, GeoStudio, OpenGround), geophysical tools (Oasis montaj, Aarhus GeoSoftware suite), exploration solutions (Target, Imago, MX Deposit), and the cloud-based Seequent Evo platform for integrated data management and collaboration. Products span specialized modules for specific sectors (Leapfrog Energy, Leapfrog Works), geostatistical extensions (Leapfrog Edge), and specialized tools for geothermal (Volsung), unexploded ordnance detection (UXO Land/Marine), and educational use (Visible Geology). The company, branded as The Bentley Subsurface Company, serves major mining companies, civil engineering firms, energy companies, and environmental consultancies globally.

Differentiator

Problem solved

Functional benefit

Brands

• Leapfrog: 3D geological modelling software for mining, energy, civil and environmental projects
• PLAXIS
• GeoStudio
• Oasis montaj
• Imago
• MX Deposit
• Seequent Central
• Seequent Evo
• OpenGround
• Target
• Volsung
• Visible Geology
• Aarhus GeoSoftware (AGS)
• BlockSync
• Driver

Products and services

• Leapfrog Geo 3D geological modelling software using proprietary implicit modelling technology to build subsurface models from drillhole and surface data for mining customers, supporting visualisation, interpretation, and resource estimation.
• Leapfrog Works 3D geological modelling platform for civil engineering and environmental projects, enabling subsurface visualisation and analysis for infrastructure and construction applications.
• Leapfrog Energy 3D geological modelling solution for energy projects including geothermal, oil & gas, and CCUS applications, supporting reservoir characterisation for the energy transition.
• Target Drillhole visualisation and analysis solution for early stage mineral exploration, enabling geologists to interpret and model exploration data.
• Seequent Central Geological model management platform that enables teams to store, version, share, and collaborate on subsurface models centrally across projects.
• Imago Geological imagery collection and management solution for capturing, cataloguing, and analysing drill core and outcrop photographs, reducing core logging time significantly.
• MX Deposit Drillhole and sample data management solution for organising, tracking, and managing exploration and mining data.
• Volsung Geothermal reservoir simulation software for modelling and analysing geothermal energy resources.
• OpenGround Geotechnical data management platform for collecting, storing, and managing geotechnical and ground investigation data.
• PLAXIS Geotechnical finite element analysis software suite providing 2D and 3D modelling of soil and rock behaviour for engineering projects, with specialised modules for offshore monopile foundation design.
• GeoStudio Geotechnical analysis software suite for slope stability, seepage, stress-deformation, groundwater, and heat/mass transfer simulations in 2D and 3D.
• Oasis montaj Geophysical mapping, modelling, and analysis software for processing survey data and creating subsurface interpretations, including UXO target detection capabilities.
• Seequent Evo Cloud-based geoscience platform connecting data, software, and compute capabilities for simplified collaboration and continuous innovation across subsurface workflows.
• BlockSync Block model management solution for synchronizing and managing mining block models within the Seequent Evo platform.
• Driver Analytics and discovery tool for identifying trends, accelerating analysis, and enabling smarter subsurface modelling.
• Aarhus GeoSoftware (AGS) EM, ERT/IP, TEM and DC/IP VES processing and inversion software suite comprising AGS Workbench, Res2DInv, Res3DInv and SPIA for geophysical survey interpretation.
• UXO Land and UX-Analyze Onshore unexploded ordnance target detection and analysis solution using geophysical data processing.
• UXO Marine Offshore unexploded ordnance target detection and analysis solution for marine geophysical surveys.
• Visible Geology Free educational tool for teaching geological concepts through interactive 3D visualization, used by 200,000 students and educators and recognised with an EdTech award.

Quantifiable outcome

• Core logging time reduced from 50 hours to 10 hours for 2000m drillhole using Imago software
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature9 records

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Maptek: Maptek's Vulcan domain modelling and mine planning suite competes directly with Leapfrog Geo and related Seequent products among mid- and large-tier mining customers.
• SLB (Petrel & E&P software portfolio): SLB's Petrel subsurface modelling and interpretation platform is a direct competitor to Seequent Leapfrog Energy, Oasis montaj and Aarhus GeoSoftware in oil & gas exploration and reservoir characterization.
• Datamine: Datamine offers Studio RM, MineScape and other geological and resource modelling software for the mining industry, overlapping directly with Seequent Leapfrog Geo, Leapfrog Edge and MX Deposit.
• Itasca Consulting Group: Itasca's FLAC, UDEC and 3DEC numerical modelling tools compete with PLAXIS 2D/3D in geotechnical and rock-mechanics analysis for civil and mining engineering projects.
• Micromine: Micromine provides geological modelling, resource estimation and mine planning software (Micromine, Pitram) targeting the same mining exploration and production customers as Seequent.
• Hexagon (Mining division, including MinePlan): Hexagon's Mining division offers MinePlan and other geology/mine-planning software used by major miners, directly competing with Seequent's Leapfrog Geo and MX Deposit in resource modelling, exploration and mine planning workflows.
• Rocscience: Rocscience offers slope stability, rock mechanics and geotechnical software (Slide2/3, RS2/3) that overlap directly with PLAXIS and GeoStudio in civil and mining infrastructure design.
• Dassault Systèmes (GEOVIA): GEOVIA provides mine planning, modelling and simulation software (Surpac, GEMS, Whittle) widely used by large mining companies, making it a direct competitor to Leapfrog Geo and the broader Seequent mining stack.
• Emerson (Paradigm geoscience software): Emerson's Paradigm portfolio (SKUA-GOCAD, Epos) competes with Seequent's Leapfrog Energy and Oasis montaj in subsurface modelling and reservoir interpretation for oil & gas and mining customers.

Broad incumbents

• Autodesk (civil engineering software): Autodesk Civil 3D, InfraWorks and other infrastructure design tools are widely used by the same civil engineering firms that adopt Seequent's Leapfrog Works and PLAXIS, making Autodesk a broad incumbent competing for share-of-wallet on civil engineering projects.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/seequentglobal
• YouTubeyoutube.com/@Seequent
• Facebookfacebook.com/seequent.software
• LinkedInlinkedin.com/company/1552644

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about ARANZ Geo Ltd