Ace Oil Tools Overview

  • Founded
  • 2012
Founded
  • Status
  • Private
  • Employees
  • 16
Employees
  • Latest Deal Type
  • Early Stage VC
  • Latest Deal Amount
  • $1.56M
Latest Deal Amount
  • Investors
  • 2

Ace Oil Tools General Information

Description

Manufacturer of stop collars intended to arrest axial movement of centralizers and other accessories to replace centralizer subs and other tools. The company's stop collars are capable of withstanding extremely high loads and are quick and easy to install directly onto the casing at any location, enabling oil and gas business owners to save time and cost and prevent pipe damage while rotating the pipe in both drilling and cementing applications.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Other Equipment
Primary Office
  • Mekjarvik 14
  • 4070 Randaberg
  • Norway
+47 982 00 000
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Ace Oil Tools Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Early Stage VC 16-Feb-2015 $1.56M 00.000 Completed Generating Revenue
To view Ace Oil Tools’s complete valuation and funding history, request access »

Ace Oil Tools Executive Team (8)

Name Title Board Seat Contact Info
Espen Sørbø Chief Executive Officer
Stian Anke-Hansen Chief Financial Officer
Lasse Hetland Co-Founder & Chief Commercial Officer
Morten Klausen Co-Founder, Acting Chief Technology Office and International Manufacturing Manager
Ken Erik Steine Co-Founder & Board Member
You’re viewing 5 of 8 executive team members. Get the full list »

Ace Oil Tools Board Members (5)

Name Representing Role Since
Atle Sonesen Self Chairman 000 0000
Frederik Hvistendahl ProVenture Seed Board Member 000 0000
John-Arne Hørløck Self Board Member 000 0000
Ken Erik Steine Ace Oil Tools Co-Founder & Board Member 000 0000
To view Ace Oil Tools’s complete board members history, request access »

Ace Oil Tools 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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Ace Oil Tools Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Investinor Venture Capital Minority 000 0000 000000 0
ProVenture Seed Venture Capital Minority 000 0000 000000 0
To view Ace Oil Tools’s complete investors history, request access »