Welltec Company Profile: Funding & Investors

Welltec Overview

Founded
1994

Status
Private

Employees
850

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

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Houston, TX

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Kongens Lyngby, Denmark

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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

1,521
Total Documents Applications and Grants
000
Total Patents Families
141
Granted
7
Pending
000
Expiring in next 12 mo

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