Welltec Overview

  • Founded
  • 1994
Founded
  • Status
  • Private
  • Employees
  • 850
Employees
  • Latest Deal Type
  • PE Growth
  • Financing Rounds
  • 8
  • Investments
  • 1

Welltec General Information

Description

Provider of robotic technology designed for well technologies and services for the oil and gas industry. The company's development of a robotic conveyance tool enables 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, coiled tubing stimulation, and mechanical assistance.

Contact Information

Website
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 Allerød
  • 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 for the oil and gas industry. The company's d
Oil and Gas Equipment
Allerød, Denmark
850 As of 2020
000.00
0000 0000-00-00
0000000 0000 000.00

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00000 000000 00000000
Sugar Land, TX
0000 As of 0000
000000000000

00000000

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000 000 000 000000000
Stavanger, Norway
00 As of 0000
00.00
0000000000 0 00.00
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Welltec Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ChampionX Corporation Sugar Land, TX 0000 000000000000
00000000 Venture Capital-Backed Stavanger, Norway 00 00.00 0000000000 0 00.00
00000000 000000000 Corporate Backed or Acquired PA 0 000000&0
0000000 Venture Capital-Backed Westhill, United Kingdom 000 00000 00000
00000000 0000000 0 Formerly PE-Backed Houston, TX 00000 00000000000
You’re viewing 5 of 17 competitors. Get the full list »

Welltec Executive Team (9)

Name Title Board Seat Contact Info
Peter Hansen Chief Operating Officer
Jørgen Hallundbæk Founder & Chief Executive Officer
Søren Suhr Chief Financial Officer
Kira Johnson Chief Human Resources Officer
Martin Skovbjerg Head, Group QHSE & Chief Legal Officer
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Welltec Board Members (3)

Name Representing Role Since
000000 0000000 Exor Board Member 000 0000
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Welltec Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 00000000 0 01-Dec-2005 0000000000 000.00 Oil and Gas Equipment
To view Welltec’s complete investments history, request access »