About GMT Exploration
GMT Exploration is a company based in Denver (United States) founded in 1991. It operates as a Direct-to-Consumer (D2C). GMT Exploration has raised $274.54 million across 7 funding rounds. The company has 15 employees as of December 31, 2022. GMT Exploration offers products and services including Oil and Gas Exploration and Oil and Gas Production.
- Headquarter Denver, United States
- Employees 15 as on 31 Dec, 2022
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gmt Exploration Company Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$274.54 M (USD)
in 7 rounds
-
Latest Funding Round
$73.86 M (USD), Series E
Feb 16, 2024
-
Investors
-
Employee Count
15
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GMT Exploration
GMT Exploration offers a comprehensive portfolio of products and services, including Oil and Gas Exploration and Oil and Gas Production. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Oil and gas properties are explored and developed.
Oil and gas are produced from various properties.
Funding Insights of GMT Exploration
GMT Exploration has successfully raised a total of $274.54M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $73.86 million completed in February 2024. 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 Total Funding
- Total Rounds 7
- Last Round Series E — $73.9M
-
First Round
First Round
(28 Oct 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series E - GMT Exploration | Valuation |
investors |
|
| Mar, 2023 | Amount | Series E - GMT Exploration | Valuation |
investors |
|
| May, 2016 | Amount | Series D - GMT Exploration | 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 |
Investments & Acquisitions by GMT Exploration
| 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 |
Financial Statements - GMT Exploration
| 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 |
Gmt Exploration Comparisons
Competitors of GMT Exploration
| 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.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about GMT Exploration
When was GMT Exploration founded?
GMT Exploration was founded in 1991 and raised its 1st funding round 18 years after it was founded.
Where is GMT Exploration located?
GMT Exploration is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is GMT Exploration a funded company?
GMT Exploration is a funded company, having raised a total of $274.54M across 7 funding rounds to date. The company's 1st funding round was a Series D of $35M, raised on Oct 28, 2009.
How many employees does GMT Exploration have?
As of Dec 31, 2022, the latest employee count at GMT Exploration is 15.
What does GMT Exploration do?
GMT Exploration Company LLC is involved in the generation, operation, and development of oil and natural gas properties across regions like Alaska, Wyoming, Alberta in Canada, and the DJ Basin in Colorado. The company focuses on leveraging technical expertise and an experienced team for project generation. Strategic acquisitions, joint ventures, and exploration drilling are pursued to ensure growth. Financial flexibility is maintained through cash flows from properties, asset-based borrowing, and returns from property sales.
What products or services does GMT Exploration offer?
GMT Exploration offers Oil and Gas Exploration and Oil and Gas Production.