IFS Energy & Resources

Denver, United States Founded: 1999 • Age: 27 yrs
IFS Energy Resources is focused on upstream oil and gas software solutions.
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About IFS Energy & Resources

IFS Energy & Resources is a company based in Denver (United States) founded in 1999. It operates as a SaaS (Software-as-a-Service), and Managed Services. IFS Energy & Resources has raised $60 million across 2 funding rounds from investors including Goldman Sachs, EP Energy and Forest Oil. IFS Energy & Resources has completed 4 acquisitions, including Beyond Compliance, IFS Energy & Resources and ISS Group. IFS Energy & Resources offers products and services including IFS Merrick, IFS BOLO, IFS Excalibur, and IFS Tobin. IFS Energy & Resources operates in a competitive market with competitors including Gentrack, Pandell, KBC, Exebenus and TouGas Oilfield Solutions, among others.

  • Headquarter Denver, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ifs
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $60 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Goldman Sachs

    & 12 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of IFS Energy & Resources

IFS Energy & Resources offers a comprehensive portfolio of products and services, including IFS Merrick, IFS BOLO, IFS Excalibur, and IFS Tobin. 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.

Primary

Software optimizing asset performance for oil wells globally.

Accounting software simplifying complex upstream oil financials.

Land management software for upstream oil workflows.

Geospatial tools enabling enterprise data for asset evaluation.

People of IFS Energy & Resources
Headcount 500-1000
Employee Profiles 84
Board Members and Advisors 5
Employee Profiles
People
Matthew Jones
Senior Software Engineer
People
Brandon Elam
SVP, Accounting Solutions
People
Drew Bolotte
Software Engineer / Data Analyst
People
Holly Mertens
Manager, Total Rewards

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Board Members and Advisors
people
Scott Key
Chairman
people
Léo Apotheker
Director
people
Jack Schanck
Director
people
Eric Wei
Director

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Funding Insights of IFS Energy & Resources

IFS Energy & Resources has successfully raised a total of $60M across 2 strategic funding rounds. 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
  • Total Rounds 2
  • Last Round
  • First Round

    (23 May 2000)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2013 Amount Private Equity Round - IFS Energy & Resources Valuation

investors

May, 2000 Amount Private Equity Round - IFS Energy & Resources Valuation L Catterton , Goldman Sachs
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

Investors in IFS Energy & Resources

IFS Energy & Resources has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, EP Energy and Forest Oil. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
L Catterton is recognized as a leading consumer-focused private equity group.
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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 IFS Energy & Resources

IFS Energy & Resources has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Beyond Compliance, IFS Energy & Resources and ISS Group. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
IFS Energy & Resources is focused on providing software solutions for the upstream oil and gas sector.
2001
EHS compliance management solution for oil and gas industry
2000
Software solutions are provided for oil and gas production management.
1989
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 - IFS Energy Resources

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

Ifs Energy & Resources Comparisons

Employees
+
Add Comparison
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Competitors of IFS Energy & Resources

IFS Energy & Resources 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 Gentrack, Pandell, KBC, Exebenus and TouGas Oilfield Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Smart billing and customer management solutions for energy, water and airport utilities
domain founded_year HQ Location
SaaS solutions for oil and gas data management are offered.
domain founded_year HQ Location
Provider of production planning and supply chain software solutions
domain founded_year HQ Location
Oil-well operations are digitized via specialized software solutions.
domain founded_year HQ Location
Chemistry-based solutions are developed for oil and gas applications.
domain founded_year HQ Location
Offers nucleonic instrumentation and scanning for energy and petrochemical industries.
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 Ifs Energy & Resources

Frequently Asked Questions about IFS Energy & Resources

When was IFS Energy & Resources founded?

IFS Energy & Resources was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Where is IFS Energy & Resources located?

IFS Energy & Resources is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Is IFS Energy & Resources a funded company?

IFS Energy & Resources is a funded company, having raised a total of $60M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $60M, raised on May 23, 2000.

What does IFS Energy & Resources do?

IFS Energy Resources, formerly P2 Energy Solutions, is dedicated to providing specialized software for the upstream oil and gas sector. Solutions are developed to optimize asset performance, manage complex accounting, handle land administration, and enable geospatial data analysis. The company serves industries within energy, utilities, and resources, focusing on enhancing operational efficiency and financial transparency. Acquired by IFS in 2022, it continues to support critical operations for oil and gas companies worldwide through integrated and innovative platforms.

Who are the top competitors of IFS Energy & Resources?

IFS Energy & Resources's top competitors include Gentrack, KBC and Exebenus.

What products or services does IFS Energy & Resources offer?

IFS Energy & Resources offers IFS Merrick, IFS BOLO, IFS Excalibur, and IFS Tobin.

How many acquisitions has IFS Energy & Resources made?

IFS Energy & Resources has made 4 acquisitions, including Beyond Compliance, IFS Energy & Resources, and ISS Group.

Who are IFS Energy & Resources's investors?

IFS Energy & Resources has 13 investors. Key investors include Goldman Sachs, EP Energy, Forest Oil, Unocal Petroleum, and Advent International.

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