About ChampionX
ChampionX is a company based in United States founded in 1982 was acquired by Schlumberger in April 2024.. The company has 8,998 employees as of December 31, 2022. ChampionX has completed 5 acquisitions, including Alperform, Group 2 Technologies and RMSpumptools.
- Headquarter United States
- Employees 8998 as on 31 Dec, 2022
- Stage Public
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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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Annual Revenue
$400.48 M-88as on Dec 31, 2024
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Net Profit
$327.13 M3as on Dec 31, 2024
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EBITDA
$546.14 M-31as on Dec 31, 2024
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Latest Funding Round
$537.75 K (USD), Grant
Jun 07, 2011
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Investors
SLB
& 1 more
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Employee Count
8998
as on Dec 31, 2022
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Investments & Acquisitions
Alperform
& 4 more
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Acquired by
Schlumberger
(Apr 02, 2024)
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Funding Insights of ChampionX
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $537,748
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First Round
First Round
(30 Mar 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Grant - ChampionX | Valuation |
investors |
|
| Dec, 2009 | Amount | Grant - ChampionX | Valuation |
investors |
|
| Sep, 2009 | Amount | Grant - ChampionX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ChampionX
ChampionX has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SLB and OSTI.GOV. 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 |
|---|---|---|---|---|
|
Scientific and technical information is managed and disseminated by OSTI.GOV.
|
Founded Year | Domain | Location | |
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Oilfield services and products are supplied worldwide by Schlumberger.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ChampionX
ChampionX has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Alperform, Group 2 Technologies and RMSpumptools. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of oil and gas services
|
2019 | ||||
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Provider of project-based development and support services to oil and gas sector
|
2012 | ||||
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Services to aviation research institutions are provided.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ChampionX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Championx Comparisons
Competitors of ChampionX
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| 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 ChampionX
When was ChampionX founded?
ChampionX was founded in 1982 and raised its 1st funding round 24 years after it was founded.
Where is ChampionX located?
ChampionX is headquartered in United States.
Who is the current CEO of ChampionX?
Dick Pfieffer is the current CEO of ChampionX.
How many employees does ChampionX have?
As of Dec 31, 2022, the latest employee count at ChampionX is 8,998.
What is the annual revenue of ChampionX?
Annual revenue of ChampionX is $400.48M as on Dec 31, 2024.
What does ChampionX do?
ChampionX provider of drilling and automation services, focusing on working in the energy sector, and oilfield services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
How many acquisitions has ChampionX made?
ChampionX has made 5 acquisitions, including Alperform, Group 2 Technologies, and RMSpumptools.
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