Accend Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 3

Accend General Information

Description

Developer of software platform for the oil drilling industry. The company develops software that provides petroleum well data, drilling permits data, interactive mapping, notifications and custom information, including lease data for various counties along with national pipeline flow data.

Contact Information

Website
www.accend.io
Formerly Known As
drillMap
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • 210 Barton Springs
  • Suite 410
  • Austin, TX 78704
  • United States
+1 (512)
Primary Industry
Media and Information Services (B2B)
Other Industries
Business/Productivity Software
Other Energy Services
Acquirer
P2 Energy Solutions
Vertical(s)
Oil & Gas, TMT
Corporate Office
  • 210 Barton Springs
  • Suite 410
  • Austin, TX 78704
  • United States
+1 (512)

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Accend Valuation & Funding

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

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Accend Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of software platform for the oil drilling industry. The company develops software that provides petroleum well
Media and Information Services (B2B)
Austin, TX
11 As of 2016

Englewood, CO
 

Dripping Springs, TX
 
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Accend Competitors (6)

One of Accend’s 6 competitors is drillbox, a Corporation company based in Englewood, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
drillbox Corporation Englewood, CO
DrillingEdge Corporation Dripping Springs, TX
Qlik Technologies Private Equity-Backed King of Prussia, PA
RigUp Venture Capital-Backed Austin, TX
Enverus Private Equity-Backed Austin, TX
To view Accend’s complete competitors history, request access »

Accend Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Accend Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-2836712-A1 Geographic layout of petroleum drilling data and methods for processing data Inactive 14-Dec-2012
US-20140157172-A1 Geographic layout of petroleum drilling data and methods for processing data Inactive 30-Nov-2012

Accend Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Accend Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Accend FAQs

  • When was Accend founded?

    Accend was founded in 2011.

  • Where is Accend headquartered?

    Accend is headquartered in Austin, TX.

  • What is the size of Accend?

    Accend has 11 total employees.

  • What industry is Accend in?

    Accend’s primary industry is Media and Information Services (B2B).

  • Is Accend a private or public company?

    Accend is a Private company.

  • What is Accend’s current revenue?

    The current revenue for Accend is .

  • How much funding has Accend raised over time?

    Accend has raised $8.24M.

  • Who are Accend’s investors?

    ConocoPhillips Technology Ventures, Ridgewood Capital, RockPort Capital Partners, and Surge Ventures have invested in Accend.

  • Who are Accend’s competitors?

    drillbox, DrillingEdge, Qlik Technologies, RigUp, and Enverus are some of the 6 competitors of Accend.

  • When was Accend acquired?

    Accend was acquired on 01-May-2015.

  • Who acquired Accend?

    Accend was acquired by P2 Energy Solutions.

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