MULTILIFT

Houston, United States Founded: 2013 • Age: 13 yrs Acquired By Forum Energy Technologies
Sand protection tools for electrical submersible pumps are manufactured.
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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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Funding Insights of MULTILIFT

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

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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.

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Investor Description Founded Year Domain Location
Drilling and oilfield products are provided to the energy sector.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MULTILIFT

Investments
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 - MULTILIFT

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Multilift Comparisons

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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.
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.

Latest news on Multilift

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.

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