COREteQ Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 11

Employees

  • Latest Deal Type
  • M&A

COREteQ General Information

Description

Developer of permanent magnet motor systems intended to maximize the run life of Electrical Submersible Pumps (ESPs) used in oil production and geothermal applications. The company's systems are used in conjunction with protectors to continuously flush and replenish the filtered fluid in contact with the mechanical seal and manage heat reduction, enabling oil operators to extract oil more economically from their assets.

Contact Information

Website
www.coreteqsystems.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Corporate Office
  • Unit 1, Trade City
  • Lyon Way, Frimley
  • Surrey GU16 7AL
  • England, United Kingdom
+44 020
Primary Industry
Oil and Gas Equipment
Other Industries
Other Energy Services
Vertical(s)
Oil & Gas, Industrials
Corporate Office
  • Unit 1, Trade City
  • Lyon Way, Frimley
  • Surrey GU16 7AL
  • England, United Kingdom
+44 020

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COREteQ Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 02-Aug-2021 Completed Generating Revenue
4. Grant 01-Jun-2020 Completed Generating Revenue
3. Later Stage VC 20-Mar-2019 Completed Generating Revenue
2. Grant 01-Jul-2015 $2M $651K Completed Generating Revenue
1. Seed Round 01-Oct-2014 $651K $651K Completed Generating Revenue
To view COREteQ’s complete valuation and funding history, request access »

COREteQ Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
To view COREteQ’s complete cap table history, request access »

COREteQ Patents

  • 74

    Total Documents Applications and Grants

  • Total Patents Families

  • 56

    Granted

  • 4

    Pending

  • Expiring in next 12 mo

COREteQ Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220311300-A1 Form wound motor for electrical submersible pumps Active 26-Mar-2021
GB-202104354-D0 Form wound motor for electrical submersible pumps Pending 26-Mar-2021
GB-2610367-A Form wound motor for electrical submersible pumps Pending 26-Mar-2021
EP-4285466-A1 Form wound motor for electrical submersible pumps Pending 26-Mar-2021
CA-3196792-A1 Form wound motor for electrical submersible pumps Pending 26-Mar-2021 H02K3/487
To view COREteQ’s complete patent history, request access »

COREteQ Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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COREteQ FAQs

  • When was COREteQ founded?

    COREteQ was founded in 2012.

  • Where is COREteQ headquartered?

    COREteQ is headquartered in Surrey, United Kingdom.

  • What is the size of COREteQ?

    COREteQ has 11 total employees.

  • What industry is COREteQ in?

    COREteQ’s primary industry is Oil and Gas Equipment.

  • Is COREteQ a private or public company?

    COREteQ is a Private company.

  • What is COREteQ’s current revenue?

    The current revenue for COREteQ is .

  • How much funding has COREteQ raised over time?

    COREteQ has raised $1.64M.

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