Welltec Overview

  • Founded
  • 1994

Founded
  • Status
  • Private

  • Employees
  • 850

Employees
  • Latest Deal Type
  • PE Growth

  • Financing Rounds
  • 11

  • Investments
  • 2

Welltec General Information

Description

Provider of robotic technology designed for well technologies and services in the energy industry. The company's development of a robotic conveyance tool enables oil and gas operators to extend their reach in highly deviated wells to optimize production and has applications for open and cased hole logging, clean-out, perforating, milling and coiled tubing stimulation and mechanical assistance.

Contact Information

Website
www.welltec.com
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Other Energy Services
Primary Office
  • Gydevang 25
  • 3450 Alleroed
  • Denmark
+45 48 00 00 00

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Welltec Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Welltec Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of robotic technology designed for well technologies and services in the energy industry. The company's develop
Oil and Gas Equipment
Alleroed, Denmark
850 As of 2022
0000
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000 00

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000 000 000 000000000
Houston, TX
000 As of 0000
00000
0000 0000-00-00
00000000 00000

000000

is nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dol
00000 000000 00000000
Kongens Lyngby, Denmark
0000 As of 0000
0.00 0000-00-00
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Welltec Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NCS Multistage Private Equity-Backed Houston, TX 000 00000 00000000 00000
000000 00000000 Corporation Kongens Lyngby, Denmark 0000 000000&0
000 00000000000 00 Formerly PE-Backed Austin, TX 000 00000 000000 - 000 00000
00000000 Formerly VC-backed Stavanger, Norway 00 00.00 000000&0 00.00
0000000 Formerly VC-backed Westhill, United Kingdom 000 000000&0
You’re viewing 5 of 16 competitors. Get the full list »

Welltec Patents

Welltec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220162924-A1 Downhole packer assembly Pending 24-Nov-2020 000000000
EP-4001584-A1 Downhole packer assembly Pending 24-Nov-2020 00000000000 0
EP-3992420-A1 Downhole packer assembly Pending 30-Oct-2020 000000000000 0
US-20220136363-A1 Downhole packer assembly Pending 30-Oct-2020 000000000000
US-20220106853-A1 Plug and abandonment system Pending 06-Oct-2020 E21B33/1277
To view Welltec’s complete patent history, request access »

Welltec Executive Team (10)

Name Title Board Seat Contact Info
Peter Hansen Chief Executive Officer
Søren Suhr Chief Financial Officer
Tommy Eikeland Chief Commercial Officer
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Welltec Board Members (4)

Name Representing Role Since
000000 0000000 Exor Board Member 000 0000
00000 0000000-00000 Self Chairman of the Board of Directors 000 0000
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Welltec Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Welltec Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Welltec Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 24-May-2022 0000000000 Other Commercial Products 00000 000
Welltec Wireline Services 01-Dec-2005 Buyout/LBO 000.00 Oil and Gas Equipment
To view Welltec’s complete investments history, request access »

Welltec Subsidiaries (1)

Company Name Industry Location Founded
00000000 Other Commercial Products Rogaland, Norway 0000
To view Welltec’s complete subsidiaries history, request access »