About MULTILIFT
Multilift Welltec was established in 2013 in Houston, United States, as a manufacturer of sand protection tools for electrical submersible pumps within the oil and gas sector. Tools such as Sandguard and Cyclone are produced to prevent sand-related failures and extend equipment life in challenging wells. Operations focus on the US market, with the company integrated into Forum Energy Technologies.
- Headquarter Houston, United States
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Annual Revenue
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Acquired by
Forum Energy Technologies
(Jul 05, 2017)
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Funding Insights of MULTILIFT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MULTILIFT
MULTILIFT has secured backing from 1 investor. Prominent investors backing the company include Forum Energy Technologies. 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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Drilling and oilfield products are provided to the energy sector.
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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 MULTILIFT
| 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 - MULTILIFT
| 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 |
Multilift Comparisons
Competitors of MULTILIFT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 MULTILIFT
When was MULTILIFT founded?
MULTILIFT was founded in 2013.
Where is MULTILIFT located?
MULTILIFT is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of MULTILIFT?
Paul Shotter is the current CEO of MULTILIFT.
What does MULTILIFT do?
Multilift Welltec was established in 2013 in Houston, United States, as a manufacturer of sand protection tools for electrical submersible pumps within the oil and gas sector. Tools such as Sandguard and Cyclone are produced to prevent sand-related failures and extend equipment life in challenging wells. Operations focus on the US market, with the company integrated into Forum Energy Technologies.
Who are MULTILIFT's investors?
MULTILIFT has 1 investor. Key investors include Forum Energy Technologies.