Acoustic Data

London, United Kingdom Founded: 2011 • Age: 15 yrs
Provider of wireless, acoustic, real-time well monitoring system to oil gas production companies
Annual revenue - Latest available
Total funding $8.0M 2 rounds
Employees 13 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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 as of January 31, 2021. 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 as on 31 Jan, 2021
  • Founders Mark Tolley, Jesse Tolley
  • Sectors
    Energy & Utilities
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  • Legal Name Acoustic Data Ltd
  • Date of Incorporation 05 May, 2017
  • Jurisdiction EDINBURGH
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    13

    as on Jan 31, 2021

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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.

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Primary

Enables real-time downhole data acquisition for oil operations.

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Facilitates remote control of electro-mechanical equipment.

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Supports wireless communication in oil and gas applications.

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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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund backed by corporate office
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Infrastructure funds investing in energy sector and private equity firm focused on multiple sectors
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Investor details for Acoustic Data

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Investments & Acquisitions by Acoustic Data

Investments
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Investment portfolio details for Acoustic Data

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Financial Statements - Acoustic Data

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Detailed financials for Acoustic Data

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Acoustic Data Comparisons

Acoustic Data Primary company
Description
Provider of wireless, acoustic, real-time well monitoring sy...
Location
London, United Kingdom
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
13
As of 2021
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Peer comparison for Acoustic Data

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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 year HQ Location Description
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Provider of fibre optic monitoring solutions for the oil and gas industry
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AI and photonics monitoring solutions are delivered for energy infrastructure.
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Acoustics-based wireless communication tool for in-well deployment
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Annular isolation technology is provided for enhanced oil recovery.
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AI solutions for subsurface analysis and minerals exploration are provided.
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Well diagnosis cameras are designed for high-temperature and high-pressure environments.
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Detailed competitors of Acoustic Data

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Latest news on Acoustic Data

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Complete news archive for Acoustic Data

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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.

As of Jan 31, 2021, the latest employee count at Acoustic Data is 13.

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.

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