GeoOp
 | This article contains content that is written like an advertisement. (October 2018) |
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| Company type | Public (NZX: GEO) |
|---|---|
| Industry | Technology |
| Founded | 2009 |
| Founder | Nicholas Bartlett, Benjamin Goudie-Park, Simon Fraser, Brendan Cervin |
| Headquarters | , |
Areas served | Australia, NZ, UK, USA, Global |
Key people | Chairman - Roger Sharp, CEO - Tim Molloy, CFO - Peter Hynd, CRO - Scott Player, CTO - Minas Kamel, |
| Products | GeoNext GeoOp |
| Owner | Public listing company (NZX) |
Number of employees | 40+ |
| Website | www |
Geo Limited (formerly GeoOp Limited) is a publicly listed company in New Zealand.
GEO provides cloud-based business productivity software and applications for trade, field and home services business - companies that have mobile workforces.
Products[edit]
Geo operates two products:
1. GeoNext: In 2019, Geo launched GeoNext, its next generation platform and app, designed with a more modern interface and ease of use.
2. GeoOp: Its traditional product that it has been operating since launch.[citation needed]
Geo has over 15,000 customers that use their products to help manage their business.[citation needed]
Both products focus on helping trade, home and field service business owners. Functionality includes quoting, job management, Staff management and timesheets, invoicing and payments.[citation needed]
History[edit]
GeoOp was founded in Auckland, New Zealand in 2009 by Nicholas Bartlett, Benjamin Goudie-Park, Simon Fraser, and Brendan Cervin.[1] In 2010, the company opened an additional office in Melbourne, Australia.[citation needed]
In 2011, GEO was awarded the Consensus Software Award for being the most innovative software product in Australia and New Zealand.[2]
In early 2013, Leanne Graham, the former Country Manager of New Zealand-based accounting software company Xero, became GeoOp's new CEO.[3] By mid 2013, GeoOp successfully raised 10 million in private funding.[4] In the following October, GeoOp listed on the small-cap NZAX, becoming a public listed company.[5]
In September 2014, Graham stood down as CEO to become an 'executive strategic adviser' to the company in the USA. The news was followed by an 11% drop in the share price.[6] Anna Cicognani became acting CEO in February 2015.[7]
Geo completed a $2.4m NZD capital raise in August 2015, to pursue growth opportunities in Australia.[8]
In January 2015, GeoOp announced a distribution agreement with MyCloudCure for the United States and Canada.[9]
In Feb 2020 Tim Molloy was appointed CEO.[citation needed]
In Nov 2020, Geo announced a capital raise of up to $2m. It was announced that "proceeds from the Raise are intended to be used for general working capital purposes as the Company accelerates its customer acquisition activity."[10]
References[edit]
- ^ Chris, Keall. http://www.nbr.co.nz/article/geoop-follows-xeros-footsteps-141790 Archived 22 February 2014 at the Wayback Machine "GeoOp Follows Xeros Footsteps"], National Business Review, New Zealand, 21 June 2013.
- ^ Goh, Esther. http://www.idealog.co.nz/news/2011/11/geoop-flies-winning-kiwi-flag-aussie-tech-awards "GeoOP flies winning Kiwi flag at tech innovation awards"], "Idealog", Auckand, 15 November 2011.
- ^ Fairfax. http://tvnz.co.nz/business-news/geoop-aims-junior-nzax-listing-5542018"GeoOp aims for junior NZAX listing"], "TVNZ", New Zealand, 23 August 2013.
- ^ Pullar-Strecker, Tom. http://www.stuff.co.nz/business/industries/9295193/Big-demand-for-GeoOp-capital-raising" Big Demand for GeoOp capital raising]", "Fairfax New Zealand", New Zealand, 17 October 2013.
- ^ NZX. https://www.nzx.com/companies/GEO/announcements/243106 "GEO announcements"], "NZX", Wellington, 31 October 2013.
- ^ "GeoOp CEO Leanne Graham steps down to take US executive role with company, shares drop". The National Business Review. 23 September 2014. Retrieved 31 December 2015.
- ^ "GeoOp appoints Anna Cicognani as acting head after incoming Ben Foote resigns". The National Business Review. 24 February 2015. Retrieved 31 December 2015.
- ^ "GeoOp to raise $2.4m in private placement to fund Australian growth, SPP to follow". The National Business Review. 24 August 2015. Retrieved 31 December 2015.
- ^ "GeoOP Limited". www.nzx.com. Retrieved 18 January 2016.
- ^ "Capital Raise". www.nzx.com. Retrieved 5 November 2020.