Oil Now Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 19

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 6

Oil Now General Information

Description

Developer of a driver information recommendation application designed to offer an electric charging station search function to customers. The company offers gas station information through its mobile application which includes a charging station vacancy notification function for electric vehicles, enabling users to understand international oil price volatility and plan their demand for gas.

Contact Information

Formerly Known As
Now Energy Solution Company Limited
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 24-5 Baekjegobun-ro 27-gil
  • Songpa-gu
  • Seoul
  • South Korea
+82
Primary Industry
Information Services (B2C)
Other Industries
Other Services (B2C Non-Financial)
Application Software
Corporate Office
  • 24-5 Baekjegobun-ro 27-gil
  • Songpa-gu
  • Seoul
  • South Korea
+82

Oil Now Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Oil Now Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Accelerator/Incubator Completed Generating Revenue
5. Later Stage VC (Series A) 17-May-2023 Completed Generating Revenue
4. Seed Round 02-May-2022 Completed Generating Revenue
3. Seed Round 30-Sep-2019 Completed Generating Revenue
2. Seed Round 30-Sep-2018 Completed Generating Revenue
1. Seed Round 31-Aug-2016 Completed Startup
To view Oil Now’s complete valuation and funding history, request access »

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Oil Now Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Oil Now Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Forest Partners (Korea) Venture Capital Minority
PennantPark Lender/Debt Provider Minority
Ulysses Capital Hedge Fund Minority
Enlight Ventures Venture Capital Minority
Samsung Venture Investment Corporate Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

Oil Now FAQs

  • When was Oil Now founded?

    Oil Now was founded in 2016.

  • Where is Oil Now headquartered?

    Oil Now is headquartered in Seoul, South Korea.

  • What is the size of Oil Now?

    Oil Now has 19 total employees.

  • What industry is Oil Now in?

    Oil Now’s primary industry is Information Services (B2C).

  • Is Oil Now a private or public company?

    Oil Now is a Private company.

  • What is Oil Now’s current revenue?

    The current revenue for Oil Now is .

  • How much funding has Oil Now raised over time?

    Oil Now has raised $4.24M.

  • Who are Oil Now’s investors?

    Forest Partners (Korea), PennantPark, Ulysses Capital, Enlight Ventures, and Samsung Venture Investment are 5 of 6 investors who have invested in Oil Now.

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