About Interwell
Interwell is a company based in Stavanger (Norway) founded in 1992.. Interwell has completed 3 acquisitions, including CannSeal, Iconic and Petroleum Technology Company. Interwell operates in a competitive market with competitors including NCS Multistage, Getech, DeepWell, Zyfra and Optime Subsea, among others.
- Headquarter Stavanger, Norway
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Funding Insights of Interwell
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Private Equity Round - Interwell | Valuation | Ferd |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Interwell
Interwell has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ferd. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is directed by Ferd toward impact investing goals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Interwell
Interwell has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CannSeal, Iconic and Petroleum Technology Company. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wireless monitoring products for oil and gas are developed.
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2016 | ||||
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Annular isolation technology is provided for enhanced oil recovery.
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2008 | ||||
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Gas lift valves, chemical injection, and software tools are manufactured.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Interwell
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Interwell Comparisons
Competitors of Interwell
Interwell 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, DeepWell, Zyfra and Optime Subsea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Independent technology and services company specializing in multistage completions
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| domain | founded_year | HQ Location |
Oil rigs datasets are provided to enterprises for exploration analysis.
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| domain | founded_year | HQ Location |
Wireline services for well interventions are supplied to oil companies.
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| domain | founded_year | HQ Location |
Provider of robots, AI, and IIoT based solutions for mining industries
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| domain | founded_year | HQ Location |
Subsea well completion and intervention systems are developed and supplied.
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| domain | founded_year | HQ Location |
Oil well stimulation and fracturing services are provided to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Interwell
Frequently Asked Questions about Interwell
When was Interwell founded?
Interwell was founded in 1992 and raised its 1st funding round 18 years after it was founded.
Where is Interwell located?
Interwell is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Who is the current CEO of Interwell?
Thormod Langballe is the current CEO of Interwell.
What is the annual revenue of Interwell?
Annual revenue of Interwell is $292.45M as on Dec 31, 2024.
What does Interwell do?
Interwell was founded in 1992 in Stavanger, Norway, as a provider of solutions in the energy sector. Services are delivered in wellhead integrity, casing barriers, completion operations, intervention, plug and abandonment, as well as renewables and low carbon initiatives. Products such as sensors, valves, plugs, packers, and related systems are offered to support these operations.
Who are the top competitors of Interwell?
Interwell's top competitors include NCS Multistage, DeepWell and Optime Subsea.
How many acquisitions has Interwell made?
Interwell has made 3 acquisitions, including CannSeal, Iconic, and Petroleum Technology Company.
Who are Interwell's investors?
Interwell has 1 investor. Key investors include Ferd.
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