Peloton

Trondheim, Norway Founded: 2000 • Age: 26 yrs Acquired By Peloton Computer Enterprises
Peloton is recognized for providing oil and gas software solutions.

About Peloton

Peloton is a company based in Trondheim (Norway) founded in 2000 was acquired by Peloton Computer Enterprises in May 2020. It operates as a SaaS (Software-as-a-Service), and Managed Services. Peloton has raised $4.2 million across 1 funding round from investors including Peloton Computer Enterprises, Investinor and Viking Venture. Peloton has completed 1 acquisition, including Miriam RAM Studio. Peloton offers products and services including Peloton Platform, WellView Allez, ProdView, Peloton Map, and LandView. Peloton operates in a competitive market with competitors including Tachyus, Datagration, OpSens, Corva and 4Subsea, among others.

  • Headquarter Trondheim, Norway
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Peloton Computer Enterprises Ltd.
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
    $4.53 M (USD)
    82
    as on Dec 31, 2021
  • Net Profit
    $828.59 K (USD)
    757
    as on Dec 31, 2021
  • EBITDA
    $1.06 M (USD)
    1276
    as on Dec 31, 2021
  • Total Equity Funding
    $4.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.2 M (USD), Private Equity Round

    Jun 02, 2010

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
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Products & Services of Peloton

Peloton offers a comprehensive portfolio of products and services, including Peloton Platform, WellView Allez, ProdView, Peloton Map, and LandView. 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 for managing oil and gas data lifecycle.

Tool for well data management and reporting tasks.

Solution for monitoring production volumes and equipment performance.

Interactive mapping tool for geospatial asset analysis tasks.

Software for managing land data and lease obligations.

Funding Insights of Peloton

Peloton has successfully raised a total of $4.2M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $4.2 million completed in June 2010. 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 1
  • Last Round Private Equity Round — $4.2M
  • First Round

    (02 Jun 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2010 Amount Private Equity Round - Peloton 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

Investors in Peloton

Peloton has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Peloton Computer Enterprises, Investinor and Viking Venture. 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
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Growth-stage tech and energy investments in Europe are targeted.
Founded Year Domain Location
Data management software solutions for the oil and gas industry
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 Peloton

Peloton has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Miriam RAM Studio. 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
Cloud-based solutions provider for oil & gas operators
2007
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 - Peloton

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

Peloton Comparisons

Employees
+
Add Comparison
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Competitors of Peloton

Peloton 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 Tachyus, Datagration, OpSens, Corva and 4Subsea, 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
AI-driven hardware and software are provided for oil production optimization.
domain founded_year HQ Location
AI-driven analytics solutions are provided for oil and gas companies.
domain founded_year HQ Location
Optical sensors are manufactured for oil, gas, and healthcare sectors.
domain founded_year HQ Location
Platform for real-time energy analytics and data insights in oil and gas.
domain founded_year HQ Location
Subsea well management and monitoring solutions
domain founded_year HQ Location
Data analytics for oil and gas drilling companies
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 Peloton

Frequently Asked Questions about Peloton

When was Peloton founded?

Peloton was founded in 2000 and raised its 1st funding round 10 years after it was founded.

Where is Peloton located?

Peloton is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

Is Peloton a funded company?

Peloton is a funded company, having raised a total of $4.2M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $4.2M, raised on Jun 02, 2010.

What is the annual revenue of Peloton?

Annual revenue of Peloton is $4.53M as on Dec 31, 2021.

What does Peloton do?

Peloton is established as a provider of software solutions for the oil and gas industry, focusing on well data management, production operations, and land data management. Services are extended across various sectors including exploration and production, midstream, downstream, utilities, solar, wind, and mining. Comprehensive platforms and tools are offered to streamline workflows, integrate data, and provide real-time insights for drilling, completions, asset integrity, and geospatial analysis. Innovation and automation are prioritized to support energy sector transformations globally.

Who are the top competitors of Peloton?

Peloton's top competitors include Datagration, Tachyus and OpSens.

What products or services does Peloton offer?

Peloton offers Peloton Platform, WellView Allez, ProdView, Peloton Map, and LandView.

How many acquisitions has Peloton made?

Peloton has made 1 acquisition, including Miriam RAM Studio.

Who are Peloton's investors?

Peloton has 3 investors. Key investors include Peloton Computer Enterprises, Investinor, and Viking Venture.

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