About OilX
OilX is a Technology company based in London (United Kingdom) founded in 2018 by Florian Thaler, and was acquired by Energy Aspects in February 2023. Oil data analytics and market intelligence solutions are provided. It operates in the Technology and Energy & Utilities sectors. OilX has raised $2.2 million across 1 funding round from investors including Citi, GS Holdings and Energy Aspects. The company has 22 employees. Its chief executive, as recorded, is Florian Thaler. Its focus areas include Energy Tech, Oil & Gas Tech, Tech for Vertically Integrated Players and Analytics. Its legal entity is OILX LTD.
Company details
OilX was founded in 2018 in London, United Kingdom, and operates in the oil sector. Analytics solutions for cargo tracking, refinery turnaround monitoring, and supply-demand balance are offered. The OilX Intelligence platform supports oil analytics, while the OilX Research platform enables data-driven oil market research. These services focus on oil market intelligence for industry stakeholders.
- Headquarters London, United Kingdom
- Employees 22
- Founders Florian Thaler
- Stage Acquired
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Website oilx.co
- Social LinkedIn X
- Acquired by Energy Aspects (Feb 2023)
- Legal Name Oilx Ltd
- Date of Incorporation 09 Nov, 2018
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$88.98 K (USD)as on Dec 31, 2019
- Total Equity Funding$2.2M (USD)
in 1 rounds
- Latest Funding Round$2.2M (USD), Seed
Feb 2020
- InvestorsCiti
& 2 more
- Employee Count22
- Acquired byEnergy Aspects
(Feb 2023)
Funding Insights of OilX
OilX has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.2 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.2M
- Total Rounds 1
- Last Round Seed — $2.2M
- First Round $2.2M
(Feb 2020)
- Investors Count 2
All 1 funding rounds of OilX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in OilX
OilX has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Citi, GS Holdings and Energy Aspects.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified financial services are offered through commercial banking operations. | 1812 | citigroup.com | New York, United States | |
Industrial sectors are managed by the conglomerate in South Korea. | 2004 | gs.co.kr | Seoul, South Korea | |
Provider of data analytics and datasets of oil and gas industry | 2012 | energyaspects.com | London, United Kingdom |
Investor details for OilX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of OilX
13 people are tracked at OilX (1 in leadership, 12 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Florian Thaler | Co-Founder & CEO | Leadership |
Marilia Trivyza | Software Engineer | Team |
Sreekutty Sree | Sales Specialist | Team |
Xenia Leftaki | Python Engineer | Team |
Adriani Dagre | Data Scientist | Team |
Ioannis Stournaras | Senior Machine Learning Engineer | Team |
Konstantinos Kolosionis | Technical Product Manager | Team |
Athanasios Galatas | Associate Data Analyst | Team |
Francisco G. | Oil Analyst | Team |
Thomas Asikis | Junior Data Analyst | Team |
Valantis Markogiannakis | Oil Analyst | Team |
Georgios Chatzikonstantinidis | Senior Data Scientist | Team |
Vassilis Margonis | Data Scientist | Team |
Complete people profiles for OilX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of OilX
3 dated milestones of OilX across 5 years, from founding to its latest funding, stage changes and deals.
- Founded OilX is founded.
- Funding First funding round of $2.2M.
- Exit Acquired by Energy Aspects.
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Frequently Asked Questions about OilX
OilX was founded in 2018 and raised its 1st funding round 2 years after it was founded.
OilX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Florian Thaler is the CEO of OilX, as recorded in our data. They have also founded this company.
OilX is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Seed of $2.2M, raised on Feb 2020.
OilX has 22 employees.
Annual revenue of OilX is $88.98K as on Dec 31, 2019.
OilX was founded in 2018 in London, United Kingdom, and operates in the oil sector. Analytics solutions for cargo tracking, refinery turnaround monitoring, and supply-demand balance are offered. The OilX Intelligence platform supports oil analytics, while the OilX Research platform enables data-driven oil market research. These services focus on oil market intelligence for industry stakeholders.
OilX has 3 investors. Key investors include Citi, GS Holdings, and Energy Aspects.
OilX operates through Oilx Ltd.
Yes. OilX was acquired by Energy Aspects in February 2023.