DeepWell

Kopervik, Norway Founded: 2004 • Age: 22 yrs Acquired By Archer
Wireline services for well interventions are supplied to oil companies.
Annual revenue $36.0M Latest available
Total funding $46.2M 1 rounds
Employees 163 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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 as of December 31, 2018. 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 as on 31 Dec, 2018
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Deepwell As
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $36 M (USD)
    36
    as on Dec 31, 2018
  • Net Profit
    -$15.37 M (USD)
    -54
    as on Dec 31, 2018
  • EBITDA
    Not available
  • Total Equity Funding
    $46.21 M (USD)

    in 1 rounds

  • Latest Funding Round
    $46.21 M (USD), Series B

    Dec 23, 2013

  • Investors
    Archer

    & 1 more

  • Employee Count
    163

    as on Dec 31, 2018

  • Acquired by
    Archer

    (Apr 26, 2021)

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Products & Services of DeepWell

DeepWell offers a comprehensive portfolio of products and services, including Credit Card Guides and Credit Card Comparisons.

Product name locked
Category locked
Primary

Online resources providing advice on selecting and using credit cards effectively.

Product name locked
Category locked
Locked

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
HitecVision is focused on investments in the European energy sector.
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Archer is recognized as a global energy service provider.
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Investor details for DeepWell

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Investments & Acquisitions by DeepWell

Investments
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Investment portfolio details for DeepWell

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Financial Statements - DeepWell

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Detailed financials for DeepWell

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Deepwell Comparisons

DeepWell Primary company
Description
Wireline services for well interventions are supplied to oil...
Location
Kopervik, Norway
Founded Year
2004
Annual Revenue
$36 M (USD)
Net Profit
-$15.37 M (USD)
EBITDA
Not available
Employees
163
As of 2018
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Peer comparison for DeepWell

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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 year HQ Location Description
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Independent technology and services company specializing in multistage completions
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Oil rigs datasets are provided to enterprises for exploration analysis.
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Provider of robots, AI, and IIoT based solutions for mining industries
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Subsea well completion and intervention systems are developed and supplied.
Locked Locked Locked
Oil well stimulation and fracturing services are provided to clients.
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Detailed competitors of DeepWell

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Latest news on Deepwell

Archer buys Norwegian well intervention player
Offshore-Energy5 years ago
Archer makes offer for DeepWell
Offshore-Mag5 years ago
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Complete news archive for DeepWell

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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.

As of Dec 31, 2018, the latest employee count at DeepWell is 163.

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.

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