About Cutpick Energy
Cutpick Energy is a company based in Calgary (Canada) founded in 2009, and was acquired by Crescent Point Energy in May 2012. Energy resources are explored and developed in Canada. Cutpick Energy has raised $22.47 million across 1 funding round from investors including Whitecap Resources.
Company details
Cutpick Energy was founded in 2009 and is based in Calgary, Canada. Operations are centered in the energy sector, with a focus on upstream activities including resource exploration and extraction. Services related to oil and gas development are offered within the Canadian market. The company maintains its headquarters in Calgary, supporting regional energy projects amid limited public details on specific initiatives.
- Headquarters Calgary, Canada
- Stage Acquired
- Website cutpick.com
- Acquired by Crescent Point Energy (May 2012)
- Total Equity Funding$22.47M (USD)
in 1 rounds
- Latest Funding Round$22.47M (USD), Series B
Feb 2011
- Investors
- Acquired byCrescent Point Energy
(May 2012)
Funding Insights of Cutpick Energy
Cutpick Energy has successfully raised a total of $22.47M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.47 million completed in February 2011. 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 $22.47M
- Total Rounds 1
- Last Round Series B — $22.47M
- First Round $22.47M
(Feb 2011)
All 1 funding rounds of Cutpick Energy 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 |
|---|---|---|---|---|---|
| Feb 2011 | $22.47M | Series B | – | – | – |
1 investors in total: 1 institutional.
Investors in Cutpick Energy
Cutpick Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Whitecap Resources.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Whitecap Resources Inc. is engaged in oil and gas development. | 1994 | crescentpointenergy.com | Calgary, Canada |
Investor details for Cutpick Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cutpick Energy
3 dated milestones of Cutpick Energy across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cutpick Energy is founded.
- Funding First funding round of $22.5M.
- Exit Acquired by Crescent Point Energy.
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Frequently Asked Questions about Cutpick Energy
Cutpick Energy was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Cutpick Energy is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Cutpick Energy is a funded company, having raised a total of $22.47M across 1 funding round to date. The company's 1st funding round was a Series B of $22.47M, raised on Feb 2011.
Cutpick Energy was founded in 2009 and is based in Calgary, Canada. Operations are centered in the energy sector, with a focus on upstream activities including resource exploration and extraction. Services related to oil and gas development are offered within the Canadian market. The company maintains its headquarters in Calgary, supporting regional energy projects amid limited public details on specific initiatives.
Cutpick Energy has 1 investor. Key investors include Whitecap Resources.
Yes. Cutpick Energy was acquired by Crescent Point Energy in May 2012.