About DeepWell
DeepWell is a company based in Kopervik (Norway) founded in 2004 was acquired by Archer in April 2021. DeepWell has raised $46.21 million across 1 funding round from investors including Archer and HitecVision. The company has 163 employees. DeepWell offers products and services including Credit Card Guides and Credit Card Comparisons. DeepWell operates in a competitive market with competitors including NCS Multistage, Getech, Zyfra, Optime Subsea and GeoSplit, among others.
- Headquarter Kopervik, Norway
- Employees 163
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website deepwell.no
- Social LinkedIn
- Acquired by Archer (Apr 2021)
- Legal Name Deepwell As
Products & Services of DeepWell
DeepWell offers a comprehensive portfolio of products and services, including Credit Card Guides and Credit Card Comparisons.
Online resources providing advice on selecting and using credit cards effectively.
Platform for comparing card features, benefits, and rates for consumers.
Funding Insights of DeepWell
DeepWell has successfully raised a total of $46.21M through 1 strategic funding round. The most recent funding activity was a Series B round of $46.21 million completed in December 2013. 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 $46.21M
- Total Rounds 1
- Last Round Series B — $46.21M
- First Round $46.21M
(Dec 2013)
- Investors Count 1
All 1 funding rounds of DeepWell 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 |
|---|---|---|---|---|---|
| Dec 2013 | $46.21M | Series B | – | HitecVision | – |
2 investors in total: 2 institutional.
Investors in DeepWell
DeepWell has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Archer and HitecVision.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
HitecVision is focused on investments in the European energy sector. | – | hitecvision.com | Stavanger, Norway | |
Archer is recognized as a global energy service provider. | 2011 | archerwell.com | Sandnes, Norway |
Investor details for DeepWell
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 DeepWell
3 dated milestones of DeepWell across 17 years, from founding to its latest funding, stage changes and deals.
- Founded DeepWell is founded.
- Funding First funding round of $46.2M.
- Exit Acquired by Archer.
Competitors of DeepWell
DeepWell 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 NCS Multistage, Getech, Zyfra, Optime Subsea and GeoSplit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ncsmultistage.com | 2006 | Houston, United States | $20M | 243 | Independent technology and services company specializing in multistage completions | |
| getech.com | 1986 | Leeds, United Kingdom | – | 60 | Oil rigs datasets are provided to enterprises for exploration analysis. | |
| zyfra.com | 2017 | Helsinki, Finland | $13.4M | – | Provider of robots, AI, and IIoT based solutions for mining industries | |
| optimesubsea.com | 2005 | Notodden, Norway | – | 28 | Subsea well completion and intervention systems are developed and supplied. | |
| geosplit.ru | 2013 | Moscow, Russia | $6.5M | – | Oil well stimulation and fracturing services are provided to clients. | |
| comitt.com | 2014 | Katy, United States | $13M | 20 | Provider of down hole hydraulic tools | |
| peakwellsystems.com | 2002 | Perth, Australia | – | – | Manufacturer of downhole well intervention technologies for the oil and gas industry | |
| rseg.com | 1998 | Calgary, Canada | – | 47 | Well analysis, production data, and site assessment service provider |
Detailed competitors of DeepWell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Deepwell
Complete news archive for DeepWell
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to DeepWell
10 companies that operate in the same segment as DeepWell (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about DeepWell
DeepWell was founded in 2004 and raised its 1st funding round 9 years after it was founded.
DeepWell is headquartered in Kopervik, Norway. It is registered at Kopervik, Rogaland, Norway.
DeepWell is a funded company, having raised a total of $46.21M across 1 funding round to date. The company's 1st funding round was a Series B of $46.21M, raised on Dec 2013.
DeepWell has 163 employees.
Annual revenue of DeepWell is $36M as on Dec 31, 2018.
DeepWell was established in 2004 in Kopervik, Norway, as a provider of well intervention services within the oil and gas sector. Wireline operations are supported through an integrated centre where real-time monitoring of parameters occurs. Data from these activities is transmitted back to clients and archived for analysis. Services focus on enhancing operational efficiency for oil companies in the region.
DeepWell's top competitors include NCS Multistage, Optime Subsea and Getech.
DeepWell offers Credit Card Guides and Credit Card Comparisons.
DeepWell has 2 investors. Key investors include Archer, and HitecVision.
DeepWell operates through Deepwell As.
Yes. DeepWell was acquired by Archer in April 2021.