Ace Oil Tools Overview

  • Founded
  • 2012
  • Status
  • Private
  • Employees
  • 17
  • Latest Deal Type
  • Early Stage VC
  • Latest Deal Amount
  • $1.56M
Latest Deal Amount
  • Investors
  • 2

Ace Oil Tools General Information


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 Patents

Ace Oil Tools Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-2586590-A Control line protector assembly Pending 19-Aug-2019 00000000000
GB-201809317-D0 Attachment device Ceased 06-Jun-2018 000000000
GB-2565381-A Float equipment Pending 10-Nov-2017 0000000000 0
GB-201718645-D0 Float equipment Pending 10-Nov-2017 000000000
US-20190145187-A1 Float equipment Granted 10-Nov-2017 E21B17/046 0
To view Ace Oil Tools’s complete patent 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
Morten Klausen Co-Founder, Chief Technology Officer & International Manufacturing Manager
Ken Erik Steine Co-Founder, Business Development Manager & Board Member
Bjarte Røssland Manager, Operations
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, Business Development Manager & Board Member 000 0000
You’re viewing 4 of 5 board members. Get the full list »

Ace Oil Tools Signals

Growth Rate

0.80% Weekly
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


Similarweb Unique Visitors


Majestic Referring Domains


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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 »