GeoOp

From Wikipedia, the free encyclopedia

Geo Limited (formerly GeoOp Limited)
TypePublic (NZX: GEO)
IndustryTechnology
Founded2009
FounderNicholas Bartlett, Benjamin Goudie-Park, Simon Fraser, Brendan Cervin
Headquarters
Sydney
,
Australia
Areas served
Australia, NZ, UK, USA, Global
Key people
Chairman - Roger Sharp,
CEO - Tim Molloy,
CFO - Peter Hynd,
CRO - Scott Player,
CTO - Minas Kamel,
ProductsGeoNext
GeoOp
OwnerPublic listing company (NZX)
Number of employees
40+
Websitewww.geoworkforcesolutions.com

Geo Limited (formerly GeoOp Limited) is a public company incorporated in New Zealand under the Companies Act with company number 2244624. Geo is registered in Australia as a foreign company under the Corporations Act with ARBN 620 404 211.

GEO provides cloud-based business productivity software and applications for trade, field and home services business - companies that have mobile workforces.

Products[]

Geo operates two products:

1. GeoNext: In 2019, Geo launched GeoNext, it's next generation platform and app, designed with a more modern interface and ease of use.
2. GeoOp: It's traditional product that it has been operating since launch.

Geo has over 15,000 customers that use their products to help manage their business.

Both products focus on helping trade, home and field service business owners. Functionality includes quoting, job management, Staff management and timesheets, invoicing and payments.

History[]

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.

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. Tim is an experienced senior executive and Internet entrepreneur with CEO, Chief Strategy Officer, consultant and Non-Executive Director experience across high-growth service and technology companies. Previously he built Exonet Business Software, before selling it to MYOB in 2007, then spent four years in senior roles at MYOB. Subsequently he worked in management and growth roles including CEO of Console, a SaaS property management and trust accounting solutions business.

In Nov 2020, Geo announced a capital raise of up to $2m. It were 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[]

  1. ^ 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.
  2. ^ 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"], "",Auckand, 15 November 2011.
  3. ^ 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.
  4. ^ 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.
  5. ^ NZX. https://www.nzx.com/companies/GEO/announcements/243106 "GEO announcements"], "NZX", Wellington, 31 October 2013.
  6. ^ "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.
  7. ^ "GeoOp appoints Anna Cicognani as acting head after incoming Ben Foote resigns". The National Business Review. 24 February 2015. Retrieved 31 December 2015.
  8. ^ "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.
  9. ^ "GeoOP Limited". www.nzx.com. Retrieved 18 January 2016.
  10. ^ "Capital Raise". www.nzx.com. Retrieved 5 November 2020.

External links[]

Retrieved from ""