About Altex Energy
Altex Energy is a company based in Calgary (Canada) founded in 2005.. Altex Energy has raised $33.71 million across 1 funding round. Altex Energy offers products and services including Crude by Rail System, Lynton Truck Scheduling, and Safety and Quality Assurance. Altex Energy operates in a competitive market with competitors including YPF, Viva Energy, Dorian LPG, Atlas and Global Partners, among others.
- Headquarter Calgary, Canada
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Altex Energy Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.71 M (USD)
in 1 rounds
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Latest Funding Round
$33.71 M (USD), Series A
Jul 21, 2014
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Investors
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Employee Count
Employee Count
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Products & Services of Altex Energy
Altex Energy offers a comprehensive portfolio of products and services, including Crude by Rail System, Lynton Truck Scheduling, and Safety and Quality Assurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers crude oil and liquids via rail across North America
Manages truck scheduling for energy product distribution
Ensures safe handling of oil products and compliance
Funding Insights of Altex Energy
Altex Energy has successfully raised a total of $33.71M through 1 strategic funding round. The most recent funding activity was a Series A round of $33.71 million completed in July 2014. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $33.7M
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First Round
First Round
(21 Jul 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Series A - Altex Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Altex Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - Altex Energy
| 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 |
Altex Energy Comparisons
Competitors of Altex Energy
Altex Energy 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 YPF, Viva Energy, Dorian LPG, Atlas and Global Partners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of natural gas & oil exploration and transportation services
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Fuel is processed and retailed via a network of stations.
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| domain | founded_year | HQ Location |
Liquefied natural gas logistics are managed via specialized services.
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| domain | founded_year | HQ Location |
Real estate services are provided by Atlas for residential properties.
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| domain | founded_year | HQ Location |
Midstream logistics and marketing company of petroleum products and renewable fuels
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Altex Energy
Frequently Asked Questions about Altex Energy
When was Altex Energy founded?
Altex Energy was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Altex Energy located?
Altex Energy is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Altex Energy?
John Zahary is the current CEO of Altex Energy.
Is Altex Energy a funded company?
Altex Energy is a funded company, having raised a total of $33.71M across 1 funding round to date. The company's 1st funding round was a Series A of $33.71M, raised on Jul 21, 2014.
What does Altex Energy do?
Altex Energy was established in 2005 in Calgary, Canada, within the energy sector. Crude oil transportation services are offered by the company, focusing on logistics and delivery operations. Activities are centered in North America, supporting upstream and midstream oil industry needs. Leadership is provided by CEO and President John Zahary, with headquarters maintained in Calgary to oversee regional and international transport initiatives.
Who are the top competitors of Altex Energy?
Altex Energy's top competitors include YPF, Viva Energy and Dorian LPG.
What products or services does Altex Energy offer?
Altex Energy offers Crude by Rail System, Lynton Truck Scheduling, and Safety and Quality Assurance.
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