About Digital H2O
Digital H2O is an Energy & Utilities company based in Chicago (United States) founded in 2012, and was acquired by Sourcenergy in November 2018. Online oilfield water management and marketplace platform. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Oilfield Marketplace. Its legal entity is Digital H2O Inc. Its competitors include TruMarx, Network International and EnergyXchain; 2 of its 3 listed competitors have raised funding.
Company details
Digital H2O was founded in 2012 and is headquartered in Chicago, United States. Software solutions are developed by the company for end-to-end water management in oil and gas operations. Big data analytics are utilized to create an online platform that supports water intelligence and a marketplace for energy companies. Operations focus on the oilfield sector, providing tools for efficient resource handling across upstream activities.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website digitalh2o.com
- Social LinkedIn X
- Acquired by Sourcenergy (Nov 2018)
- Legal Name Digital H2o Inc
- Latest Funding Round$1.28M (USD), Debt – Conventional
Apr 2014
- Investors
- Acquired bySourcenergy
(Nov 2018)
Funding Insights of Digital H2O
- Total Rounds 1
- Last Round Debt – Conventional — $1.28M
- First Round $1.28M
(Apr 2014)
All 1 funding rounds of Digital H2O 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 |
|---|---|---|---|---|---|
| Apr 2014 | $1.28M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Digital H2O
Digital H2O has secured backing from 1 investor. Prominent investors backing the company include Sourcenergy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of AI and satellite-based imaging solutions for the oil and gas industry | 2014 | sourcenergy.com | Houston, United States |
Investor details for Digital H2O
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People of Digital H2O
1 people are tracked at Digital H2O (1 in leadership).
| Name | Role | Group |
|---|---|---|
Piers Wells | CEO | Leadership |
Complete people profiles for Digital H2O
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Timeline of Digital H2O
3 dated milestones of Digital H2O across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Digital H2O is founded.
- Funding First funding round of $1.3M.
- Exit Acquired by Sourcenergy.
Competitors of Digital H2O
Digital H2O has 3 listed competitors in our database, 2 of them funded. They include TruMarx, Network International and EnergyXchain.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trumarx.com | 2009 | Chicago, United States | $16.19M | Energy products are transacted through a cloud-based online platform. | ||
| networkintl.com | 1999 | Bourbon, United States | $47.5M | 627 | An internet marketplace for petroleum equipment and services is operated. | |
| energyxchain.com | 1990 | Charlotte, United States | Blockchain transaction solutions are provided for the gas industry. |
Detailed competitors of Digital H2O
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Top companies in Oil & Gas Technology Solutions
3 companies that operate in the same segment as Digital H2O (Oil & Gas Technology Solutions) in United States, 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 6.67 B | 1,820 | ||
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M |
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Related news about Digital H2o
Complete news archive for Digital H2O
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Frequently Asked Questions about Digital H2O
Digital H2O was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Digital H2O is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Digital H2O was founded in 2012 and is headquartered in Chicago, United States. Software solutions are developed by the company for end-to-end water management in oil and gas operations. Big data analytics are utilized to create an online platform that supports water intelligence and a marketplace for energy companies. Operations focus on the oilfield sector, providing tools for efficient resource handling across upstream activities.
Digital H2O's top competitors include TruMarx, Network International and EnergyXchain.
Digital H2O has 1 investor. Key investors include Sourcenergy.
Digital H2O operates through Digital H2o Inc.
Yes. Digital H2O was acquired by Sourcenergy in November 2018.