About NexTier
NexTier is a company based in Houston (United States) founded in 1973.. The company has 4,302 employees as of December 31, 2022. NexTier has completed 3 acquisitions, including Alamo Pressure Pumping, Fast Track Management Consultants and RockPile Energy Services.
- Headquarter Houston, United States
- Employees 4302 as on 31 Dec, 2022
- Stage Public
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$3.24 B128as on Dec 31, 2022
-
Net Profit
-
EBITDA
$229.26 M24as on Dec 31, 2022
-
Latest Funding Round
$350 M (USD), Debt – Conventional
May 29, 2018
-
Investors
-
Employee Count
4302
as on Dec 31, 2022
-
Investments & Acquisitions
Alamo Pressure Pumping
& 2 more
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
Unlock access to complete
Unlock access to complete
Software Development Team
32 people
Leadership Team
21 people
Human Resources and Administration
16 people
Finance and Accounting
13 people
Operations Team
8 people
Sales and Marketing
8 people
Legal and Compliance
4 people
Senior Team
4 people
Unlock access to complete
Funding Insights of NexTier
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $350.0M
-
First Round
First Round
(28 Dec 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - NexTier | Valuation |
investors |
|
| Dec, 2017 | Amount | Debt – Conventional - NexTier | 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 NexTier
NexTier has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Alamo Pressure Pumping, Fast Track Management Consultants and RockPile Energy Services. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Equipment is provided for safe fracking operations.
|
2017 | ||||
|
End-to-end HR services are provided for various business needs.
|
2012 | ||||
|
Provider of online marketplaces connecting people to opportunities
|
2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - NexTier
| 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 |
Nextier Comparisons
Competitors of NexTier
| 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 Nextier
Frequently Asked Questions about NexTier
When was NexTier founded?
NexTier was founded in 1973 and raised its 1st funding round 44 years after it was founded.
Where is NexTier located?
NexTier is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of NexTier?
Robert Drummond is the current CEO of NexTier.
How many employees does NexTier have?
As of Dec 31, 2022, the latest employee count at NexTier is 4,302.
What is the annual revenue of NexTier?
Annual revenue of NexTier is $3.24B as on Dec 31, 2022.
What does NexTier do?
NexTier was founded in 1973 and is headquartered in Houston, United States. Drilling and associated services are delivered to clients in the oil and gas sector. Operations focus on support for exploration, production, and well completion activities. The company functions within the broader energy industry, with services tailored to upstream needs. Leadership is held by Robert Drummond as CEO and President.
How many acquisitions has NexTier made?
NexTier has made 3 acquisitions, including Alamo Pressure Pumping, Fast Track Management Consultants, and RockPile Energy Services.