OilX

London, United Kingdom Founded: 2018 • Age: 8 yrs Acquired By Energy Aspects
Oil data analytics and market intelligence solutions are provided.
Annual revenue $88,977 Latest available
Total funding $2.2M 1 rounds
Employees 22 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About OilX

OilX is a company based in London (United Kingdom) founded in 2018 by Florian Thaler was acquired by Energy Aspects in February 2023. OilX has raised $2.2 million across 1 funding round from investors including Citi, GS Holdings and Energy Aspects. The company has 22 employees as of December 31, 2021. OilX operates in a competitive market with competitors including Cognite, Kayrros, Akselos, Enverus and Lone Star Analysis, among others.

  • Headquarter London, United Kingdom
  • Employees 22 as on 31 Dec, 2021
  • Founders Florian Thaler
  • Sectors
    Technology
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Oilx Ltd
  • Date of Incorporation 09 Nov, 2018
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $88.98 K (USD)
    0
    as on Dec 31, 2019
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.2 M (USD), Seed

    Feb 24, 2020

  • Investors
    Citi

    & 2 more

  • Employee Count
    22

    as on Dec 31, 2021

  • Acquired by
    Energy Aspects

    (Feb 01, 2023)

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People of OilX

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Xenia Leftaki
Python Engineer
People
Adriani Dagre
Data Scientist
People
Ioannis Stournaras
Senior Machine Learning Engineer
People
Konstantinos Kolosionis
Technical Product Manager

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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.

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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified financial services are offered through commercial banking operations.
Locked Locked Locked
Industrial sectors are managed by the conglomerate in South Korea.
Locked Locked Locked
Provider of data analytics and datasets of oil and gas industry
Locked Locked Locked
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Investor details for OilX

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by OilX

Investments
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Investment portfolio details for OilX

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Financial Statements - OilX

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Detailed financials for OilX

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  • Profit trends
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Oilx Comparisons

OilX Primary company
Description
Oil data analytics and market intelligence solutions are pro...
Location
London, United Kingdom
Founded Year
2018
Annual Revenue
$88.98 K (USD)
Net Profit
Not available
EBITDA
Not available
Employees
22
As of 2021
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Peer comparison for OilX

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Competitors of OilX

OilX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cognite, Kayrros, Akselos, Enverus and Lone Star Analysis, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based software for production data analysis and collaboration is provided.
Locked Locked Locked
Environmental footprints are measured via satellite imagery and AI analysis.
Locked Locked Locked
Cloud-based platform for operational simulation and predictive analytics is offered.
Locked Locked Locked
Accounts payable and receivable solutions are provided for businesses.
Locked Locked Locked
Predictive and prescriptive analytics are delivered to the industrial sector.
Locked Locked Locked
Analytics and knowledge graph platform is offered for multi-industry applications.
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Detailed competitors of OilX

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Latest news on Oilx

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Complete news archive for OilX

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  • Brand-specific news history

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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 current CEO of OilX. They have also founded this company.

OilX is a funded company, having raised a total of $2.2M across 1 funding round to date.

As of Dec 31, 2021, the latest employee count at OilX is 22.

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's top competitors include Cognite, Akselos and Kayrros.

OilX has 3 investors. Key investors include Citi, GS Holdings, and Energy Aspects.

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