Seequent

Seequent was founded in 2003 as ARANZ Geo in Christchurch, New Zealand, rebranding to Seequent in 2017. The company pioneered implicit geological modelling with its Leapfrog technology, which originated from University of Canterbury research. Bentley Systems acquired Seequent in June 2021 for approximately $1.05 billion, and it continues to operate as a standalone subsidiary retaining its own brand, leadership, and headquarters.

Since the acquisition, Seequent acquired AR2Tech (advanced geostatistical algorithms, December 2021) and Flow State Solutions (geothermal simulation, 2023), and launched the cloud-based Seequent Evo platform for geoscience data management and collaboration. Seequent serves customers in over 145 countries from 25+ offices across six continents, with major mining companies among its core user base. The AR2Tech acquisition has strengthened Seequent's resource estimation capabilities, with the technology being integrated into the Leapfrog platform.