Cenosco, a Hague, Netherlands-based asset integrity management software company, has secured a growth investment.
Investors
The round was led by Summit Partners, with participation from Fortino Capital.
Summit Partners is a growth-focused investment firm that invests in technology, healthcare, and other growing sectors. With over 550 investments, Summit has facilitated 175 public offerings and 250 acquisitions. Founded in 1984, the firm operates in North America and Europe, targeting profitable, category-leading companies globally.
Cenosco Use of Funds
The company will use the funds to continue its product innovation, expand internationally, and grow its team.
About Cenosco
Founded in 2000, Cenosco provides an integrity management suite of solutions designed to enhance the safety, reliability, and operational efficiency of assets in industries such as oil & gas, chemicals, and power generation. The company leverages real-time data and risk-based inspection (RBI) methodologies to help organizations optimize inspection and maintenance schedules, reduce downtime, and prevent asset failures. Currently, more than 11,000 professionals across 200+ assets in over 40 countries use Cenosco's solutions. Its clients include Shell, Equinor, and PTTGC.
Funding Details
Company: Cenosco B.V.
Raised: Undisclosed
Round: Growth investment
Funding Date: March 2025
Lead Investor: Summit Partners
Additional Investor: Fortino Capital
Company Website: https://cenosco.com/
Software Category: Asset Integrity Management (AIM)
Source: https://www.businesswire.com/news/home/20250317917957/en/