About ADS Services
ADS Services is a company based in Midland (United States) founded in 2017 was acquired by Black Bay Energy Capital in July 2017.. The company has 58 employees as of December 31, 2022.
- Headquarter Midland, United States
- Employees 58 as on 31 Dec, 2022
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Powerchokes Solutions, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$186.72 K (USD), Grant
Apr 04, 2022
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Investors
European Union
& 1 more
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Employee Count
58
as on Dec 31, 2022
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Acquired by
Black Bay Energy Capital
(Jul 19, 2017)
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Funding Insights of ADS Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $186,720
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First Round
First Round
(04 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Grant - ADS Services | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ADS Services
ADS Services has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Black Bay Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are focused on energy and chemical sectors.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ADS Services
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ADS Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ads Services Comparisons
Competitors of ADS Services
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ADS Services
When was ADS Services founded?
ADS Services was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is ADS Services located?
ADS Services is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
Who is the current CEO of ADS Services?
Charlie Orbell is the current CEO of ADS Services.
How many employees does ADS Services have?
As of Dec 31, 2022, the latest employee count at ADS Services is 58.
What does ADS Services do?
ADS Services was founded in 2017 and is headquartered in Midland, United States. Focus is placed on the oil and gas industry, with operations centered on delivering pressure drilling and rotating control devices services. These offerings assist in managing wellbore pressure and enhancing drilling safety during exploration and production activities. Leadership is provided by CEO Charlie Orbell, and services are targeted at domestic energy operations.
Who are ADS Services's investors?
ADS Services has 2 investors. Key investors include European Union, and Black Bay Partners.