About Merrick Systems
Merrick Systems is a company based in Houston (United States) founded in 1989 was acquired by P2 Energy Solutions in November 2014.. Merrick Systems operates in a competitive market with competitors including Enverus, WolfePak, Enertia Software, KBC and Pandell, among others.
- Headquarter Houston, United States
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Sectors
Energy & UtilitiesTechnology
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Phone
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Website
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Social
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- Legal Name Merrick Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Main Street Capital
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Merrick Systems
- 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 |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Series B - Merrick Systems | Valuation |
investors |
| 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 Merrick Systems
Merrick Systems has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Main Street Capital, IFS Energy & Resources and HitecVision. 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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Diversified alternative assets are managed via investment strategies.
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Founded Year | Domain | Location | |
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HitecVision is focused on investments in the European energy sector.
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Founded Year | Domain | Location | |
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IFS Energy & Resources is focused on upstream oil and gas software solutions.
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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 Merrick Systems
| 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 |
Financial Statements - Merrick Systems
| 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 |
Merrick Systems Comparisons
Competitors of Merrick Systems
Merrick Systems 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 Enverus, WolfePak, Enertia Software, KBC and Pandell, 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 |
Accounts payable and receivable solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Accounting solutions are provided for Oil and Gas customers.
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| domain | founded_year | HQ Location |
Integrated software solutions for upstream oil and gas are developed.
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| domain | founded_year | HQ Location |
Provider of production planning and supply chain software solutions
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| domain | founded_year | HQ Location |
SaaS solutions for oil and gas data management are offered.
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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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Frequently Asked Questions about Merrick Systems
When was Merrick Systems founded?
Merrick Systems was founded in 1989 and raised its 1st funding round 21 years after it was founded.
Where is Merrick Systems located?
Merrick Systems is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What does Merrick Systems do?
Merrick Systems was founded in 1989 and is headquartered in Houston, United States. Software solutions are offered to the oil and gas industry, with a focus on end-to-end systems for production management and hydrocarbon accounting. Operations center on delivering tools that support data handling and compliance in upstream sectors. Services include integration of measurement and reporting functionalities tailored to industry needs.
Who are the top competitors of Merrick Systems?
Who are Merrick Systems's investors?
Merrick Systems has 3 investors. Key investors include Main Street Capital, IFS Energy & Resources, and HitecVision.