Vere Technology Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 24

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

Vere Technology General Information

Description

Manufacturer of pumps for oil and gas production applications. The company specializes in designing, engineering, selling and servicing artificial lift and sand management products for a wide range of technical difficulties of oil and gas extraction, such as slugging wells, high gas content, high sand content and heavy and extra heavy oil.

Contact Information

Website
www.veretek.com
Formerly Known As
Elite Multiphase Solutions
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 4541 Brittmoore Road
  • Houston, TX 77041
  • United States
Primary Industry
Oil and Gas Equipment
Acquirer
Extract Production Services
Vertical(s)
Manufacturing, Oil & Gas
Corporate Office
  • 4541 Brittmoore Road
  • Houston, TX 77041
  • United States

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Vere Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Vere Technology 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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Vere Technology Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Vere Technology FAQs

  • When was Vere Technology founded?

    Vere Technology was founded in 2014.

  • Where is Vere Technology headquartered?

    Vere Technology is headquartered in Houston, TX.

  • What is the size of Vere Technology?

    Vere Technology has 24 total employees.

  • What industry is Vere Technology in?

    Vere Technology’s primary industry is Oil and Gas Equipment.

  • Is Vere Technology a private or public company?

    Vere Technology is a Private company.

  • What is Vere Technology’s current revenue?

    The current revenue for Vere Technology is .

  • Who are Vere Technology’s investors?

    Aramco Ventures, Colton Capital Partners, and Pelican Energy Partners have invested in Vere Technology.

  • When was Vere Technology acquired?

    Vere Technology was acquired on 03-Jan-2022.

  • Who acquired Vere Technology?

    Vere Technology was acquired by Extract Production Services.

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