Oil Purification Systems Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Out of Business

  • Employees
  • 8

Employees

  • Latest Deal Type
  • Out of Business

Oil Purification Systems General Information

Description

Developer of an onboard oil refiner system and hydraulic oil batch processor designed to eliminate both solid and liquid contaminants from engine oil and hydraulic fluid. The company's processor is used for filtering solid and liquid contaminants from engine oil by evaporation, eliminating acid build-up, corrosion, and oxidation and serves a variety of industries including trucking, oil and gas, mining, and waste management, enabling clients to access advanced systems to streamline oil maintenance routines for large vehicles and industrial equipment.

Contact Information

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 2176 Thomaston Avenue
  • Waterbury, CT 06704
  • United States
+1 (203)
Primary Industry
Oil and Gas Equipment
Other Industries
Industrial Supplies and Parts
Electrical Equipment
Vertical(s)
Corporate Office
  • 2176 Thomaston Avenue
  • Waterbury, CT 06704
  • United States
+1 (203)

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Oil Purification Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Out of Business 01-Jan-2022 Completed Out of Business
4. Later Stage VC 07-Jul-2015 Completed Generating Revenue
3. Later Stage VC 21-Feb-2014 Completed Generating Revenue
2. Later Stage VC (Series B) 09-Jun-2009 $6M $10.5M Completed Generating Revenue
1. Early Stage VC 25-Jul-2006 $4.5M $4.5M Completed Generating Revenue
To view Oil Purification Systems’s complete valuation and funding history, request access »

Oil Purification Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A1
To view Oil Purification Systems’s complete cap table history, request access »

Oil Purification Systems Patents

Oil Purification Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20100025341-A1 Method and apparatus for fluid cleaning Inactive 01-Aug-2008
US-20110308740-A1 Method and apparatus for fluid cleaning Inactive 01-Aug-2008
CA-2698345-A1 Method and apparatus for cleaning a fluid Inactive 04-Sep-2007
US-20040140271-A1 Filtration and evaporation canister; internal combustion engines, hydraulic systems Active 15-Nov-2002
US-7244353-B2 Filtration and evaporation canister; internal combustion engines, hydraulic systems Inactive 15-Nov-2002 B01D29/00
To view Oil Purification Systems’s complete patent history, request access »

Oil Purification Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Oil Purification Systems FAQs

  • When was Oil Purification Systems founded?

    Oil Purification Systems was founded in 2002.

  • Where is Oil Purification Systems headquartered?

    Oil Purification Systems is headquartered in Waterbury, CT.

  • What is the size of Oil Purification Systems?

    Oil Purification Systems has 8 total employees.

  • What industry is Oil Purification Systems in?

    Oil Purification Systems’s primary industry is Oil and Gas Equipment.

  • Is Oil Purification Systems a private or public company?

    Oil Purification Systems is a Private company.

  • What is Oil Purification Systems’s current revenue?

    The current revenue for Oil Purification Systems is .

  • How much funding has Oil Purification Systems raised over time?

    Oil Purification Systems has raised $14.1M.

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