FieldEye is a company.
FieldEye has raised $6.0M across 1 funding round.
Key people at FieldEye.
FieldEye has raised $6.0M in total across 1 funding round.
FieldEye is a Houston-based information technology startup developing digital solutions for the oil & gas industry.[1][4] It raised $0.75M–$0.8M in an unattributed/early-stage VC round on March 8, 2021, led by Cottonwood Venture Partners with co-investors Lime Rock Partners and undisclosed participants, addressing operational needs in energy tech.[1][4] The company serves oil & gas firms, solving challenges in field operations through specialized software, with backing from energy-focused VCs signaling growth potential in a sector ripe for digital transformation.[1]
FieldEye emerged in Houston's vibrant energy tech ecosystem, securing its first known funding in Q1 2021 amid a wave of local VC activity in information technology.[4] Details on founders or the precise idea origin are not publicly detailed in available records, but the March 8, 2021, investment from Cottonwood Venture Partners— a firm dedicated to digital oil & gas innovations—marked a pivotal early traction moment, positioning it alongside peers like HUVRData in Cottonwood's portfolio.[1] This timing aligned with Houston's startup momentum, including nearby deals like HighRadius's $300M raise, highlighting FieldEye's entry into a funding-hot period for energy IT.[4]
FieldEye rides the wave of digital transformation in oil & gas, where legacy operations increasingly adopt SaaS and data tools to boost efficiency amid volatile energy markets.[1] Timing is ideal post-2020, as pandemic-driven remote work and ESG pressures accelerate tech adoption in Houston's energy cluster, mirroring regional VC surges in IT (e.g., DocJuris, Lendflow).[4] Market forces like rising data analytics demand favor it, with Cottonwood's portfolio emphasizing similar digital plays; FieldEye contributes by modernizing field ops, influencing upstream efficiency in a $21B+ regtech-adjacent energy tech space.[1][2]
FieldEye is poised for expansion in oil & gas digitization, potentially pursuing Series A follow-ons leveraging Cottonwood's track record (e.g., CVP Energy Technology Fund II).[1] Trends like AI-driven field monitoring and sustainability tech will shape its path, amplifying influence as energy majors prioritize software over hardware. Its early momentum positions it to evolve from niche player to ecosystem enabler, much like portfolio peers, sustaining Houston's energy tech edge.[1][4]
Key people at FieldEye.
FieldEye has raised $6.0M in total across 1 funding round.
FieldEye's investors include Montrose Lane.
FieldEye has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in January 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2020 | $6.0M Series A | Montrose Lane |
