About Acoustic Data
Acoustic Data is a company based in London (United Kingdom) founded in 2011 by Mark Tolley and Jesse Tolley. Acoustic Data has raised $8 million across 2 funding rounds from investors including Energy Growth Momentum and Alturki Ventures. The company has 13 employees. Acoustic Data offers products and services including SonicGauge™ Wireless Monitoring System, SonicSync™ Wireless Command+Control Platform, Barracuda™ HEX-Hanger™, and SonicGauge™ Rigless Retrofit System. Acoustic Data operates in a competitive market with competitors including Silixa, Fotech, Raptor Oil, CannSeal and ENERZAi, among others.
- Headquarter London, United Kingdom
- Employees 13
- Founders Mark Tolley, Jesse Tolley
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website acousticdata.com
- Social LinkedIn Facebook
- Legal Name Acoustic Data Ltd
- Date of Incorporation 05 May, 2017
- Jurisdiction EDINBURGH
- Total Equity Funding$8M (USD)
in 2 rounds
- InvestorsEnergy Growth Momentum
& 1 more
- Employee Count13
Products & Services of Acoustic Data
Acoustic Data offers a comprehensive portfolio of products and services, including SonicGauge™ Wireless Monitoring System, SonicSync™ Wireless Command+Control Platform, Barracuda™ HEX-Hanger™, and SonicGauge™ Rigless Retrofit System.
Enables real-time downhole data acquisition for oil operations.
Facilitates remote control of electro-mechanical equipment.
Supports wireless communication in oil and gas applications.
Allows upgrades for existing downhole setups without rigs.
Funding Insights of Acoustic Data
Acoustic Data has successfully raised a total of $8M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8M
- Total Rounds 2
- First Round $8M
(Apr 2018)
- Investors Count 2
All 2 funding rounds of Acoustic Data with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | – | Series B | – | Alturki Ventures | – |
| Apr 2018 | $8M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Acoustic Data
Acoustic Data has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Energy Growth Momentum and Alturki Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by corporate office | – | alturkiventures.com | Manama, Bahrain | |
Infrastructure funds investing in energy sector and private equity firm focused on multiple sectors | 2013 | egmomentum.com | London, United Kingdom |
Investor details for Acoustic Data
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People of Acoustic Data
2 people are tracked at Acoustic Data (2 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Mark Tolley | Founder & CEO | Leadership |
Jesse Tolley | Co-Founder & CMO | Leadership |
Complete people profiles for Acoustic Data
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Timeline of Acoustic Data
3 dated milestones of Acoustic Data across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Acoustic Data is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series B,.
Competitors of Acoustic Data
Acoustic Data operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Silixa, Fotech, Raptor Oil, CannSeal and ENERZAi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silixa.com | 2007 | London, United Kingdom | $18M | 120 | Provider of fibre optic monitoring solutions for the oil and gas industry | |
| fotech.com | 2008 | Fleet, United Kingdom | $9.39M | 53 | AI and photonics monitoring solutions are delivered for energy infrastructure. | |
| raptor-oil.com | 2011 | Shoreview, United States | $7.48M | 21 | Acoustics-based wireless communication tool for in-well deployment | |
| cannseal.com | 2008 | Stavanger, Norway | $2.2M | 15 | Annular isolation technology is provided for enhanced oil recovery. | |
| enerzai.com | 2019 | Seoul, South Korea | – | – | AI solutions for subsurface analysis and minerals exploration are provided. | |
| evcam.com | 2000 | Norwich, United Kingdom | – | 46 | Well diagnosis cameras are designed for high-temperature and high-pressure environments. | |
| servelectechnologies.com | 1977 | Sheffield, United Kingdom | – | 47 | Remote telemetry units and software products for water, oil & mining industry | |
| sentinel-subsea.com | 2018 | Aberdeen, United Kingdom | – | 5 | Provider of a remote well monitoring solution for the oil and gas industry | |
| inanoe.com | 2014 | Porto, Portugal | – | – | IoT-enabled energy harvesting solutions are provided for energy sectors. |
Detailed competitors of Acoustic Data
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Latest news on Acoustic Data
Complete news archive for Acoustic Data
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Similar companies to Acoustic Data
10 companies that operate in the same segment as Acoustic Data (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about Acoustic Data
Acoustic Data was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Acoustic Data is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Mark Tolley is the current CEO of Acoustic Data. They have also founded this company.
Acoustic Data is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 2018.
Acoustic Data has 13 employees.
Acoustic Data was founded in 2011 and is based in London, United Kingdom. Real-time well monitoring systems are supplied to oil and gas production companies, covering both onshore and offshore operations. Wireless acoustic telemetry is utilized to measure wellbore pressure and temperature, with data encoded into acoustic signals transmitted through tubing vibrations to surface receivers. Analysis of this data is conducted for operational insights.
Acoustic Data's top competitors include Fotech, CannSeal and Raptor Oil.
Acoustic Data offers SonicGauge™ Wireless Monitoring System, SonicSync™ Wireless Command+Control Platform, Barracuda™ HEX-Hanger™, and SonicGauge™ Rigless Retrofit System.
Acoustic Data has 2 investors. Key investors include Energy Growth Momentum, and Alturki Ventures.
Acoustic Data operates through Acoustic Data Ltd.