About Noralis
Noralis is a company based in Cheltenham (United Kingdom) founded in 2015 by David Close was acquired by Pelican Energy Partners in July 2020.. The company has 16 employees as of January 31, 2022. Noralis offers products and services including Noralis Directional Module, Noralis Pressure Decoder, NPD2 Software, NISE Control, and Noralis HUB.
- Headquarter Cheltenham, United Kingdom
- Employees 16 as on 31 Jan, 2022
- Founders David Close
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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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- Legal Name Noralis Ltd
- Date of Incorporation 11 Oct, 2011
- Jurisdiction GLOUCESTER, GLOUCESTERSHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
16
as on Jan 31, 2022
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Acquired by
Pelican Energy Partners
(Jul 31, 2020)
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Products & Services of Noralis
Noralis offers a comprehensive portfolio of products and services, including Noralis Directional Module, Noralis Pressure Decoder, NPD2 Software, NISE Control, and Noralis HUB. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables accurate directional surveying in drilling operations
Decodes pressure data for MWD system monitoring
Facilitates survey corrections and data analysis in drilling
Manages MWD operations with cloud-based integration
Offers online storage and access for drilling data
Funding Insights of Noralis
| 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 Noralis
Noralis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Pelican Energy Partners. 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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A private equity firm focused on energy services investments.
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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 Noralis
| 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 - Noralis
| 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 |
Noralis Comparisons
Competitors of Noralis
| 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 Noralis
Frequently Asked Questions about Noralis
When was Noralis founded?
Noralis was founded in 2015.
Where is Noralis located?
Noralis is headquartered in Cheltenham, United Kingdom. It is registered at Cheltenham, Gloucestershire, United Kingdom.
How many employees does Noralis have?
As of Jan 31, 2022, the latest employee count at Noralis is 16.
What does Noralis do?
Noralis was established in 2015 in Cheltenham, United Kingdom, within the drilling sector. Tools such as the Noralis directional module and pressure decoder are developed, alongside an integrated software environment. These components are utilized to boost operational efficiency and precision in drilling activities. The companys focus remains on providing targeted solutions for industry applications across relevant geographies.
What products or services does Noralis offer?
Noralis offers Noralis Directional Module, Noralis Pressure Decoder, NPD2 Software, NISE Control, and Noralis HUB.
Who are Noralis's investors?
Noralis has 1 investor. Key investors include Pelican Energy Partners.