COREteQ Overview
- Status
- Private
- Employees
- 5
- Latest Deal Type
- Seed
- Latest Deal Amount
- $651K
- Investors
- 1
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 equipment is 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
Venture Capital-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Machinery (B2B)
Primary Office
- Unit 1, Trade City
- Lyon Way
- Frimley GU16 7AL
- England, United Kingdom
+44 020 0000 0000
COREteQ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Seed Round | 01-Oct-2014 | $651K | 00000 | 000.00 | Completed | Startup |
COREteQ Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | 000 | 00000.00 | 00000.00 | 00 | 00000.00 | 0.000 |
COREteQ Executive Team (5)
COREteQ Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Hassan Mansir | COREteQ | Founder, Chief Executive Officer, Chief Technology Officer & Board Member | 000 0000 |
| Jan Ellevset | Equinor Ventures | Board Member | 000 0000 |
| Laurence Ormerod | COREteQ | Chairman | 000 0000 |
| Shawn Le Maitre | COREteQ | Board Member | 000 0000 |
COREteQ Signals
Growth Rate
0.80%
Weekly
Growth
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
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialCOREteQ Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Equinor Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |