About PetroBench
PetroBench is a company based in Frisco (United States) founded in 2021 by Joel Gordon and Hans Gijsbertsen.. PetroBench has raised $125 thousand across 1 funding round. PetroBench offers products and services including RodSim. PetroBench operates in a competitive market with competitors including Oliasoft, Endla, Petro Path, AdaptiveWell and HXR Drilling Services, among others.
- Headquarter Frisco, United States
- Founders Joel Gordon, Hans Gijsbertsen
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$125 K (USD)
in 1 rounds
-
Latest Funding Round
$125 K (USD), Seed
Jul 24, 2023
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of PetroBench
PetroBench offers a comprehensive portfolio of products and services, including RodSim. 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.
Cloud-based tool for optimizing oil and gas well designs.
Unlock access to complete
Unlock access to complete
Funding Insights of PetroBench
PetroBench has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in July 2023. 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 Funding
- Total Rounds 1
- Last Round Seed — $125,000
-
First Round
First Round
(24 Jul 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - PetroBench | 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 |
Investments & Acquisitions by PetroBench
| 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 |
Financial Statements - PetroBench
| 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 |
Petrobench Comparisons
Competitors of PetroBench
PetroBench 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 Oliasoft, Endla, Petro Path, AdaptiveWell and HXR Drilling Services, 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 |
Well-planning solutions are provided for oil and gas companies.
|
|
| domain | founded_year | HQ Location |
Well planning solutions are delivered through a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
Platform for searching, sharing, and saving oil and gas well directions.
|
|
| domain | founded_year | HQ Location |
Offers big data solutions designed for the oil and gas industry.
|
|
| domain | founded_year | HQ Location |
Provides drilling engineering and geomechanics services for oil and gas projects worldwide.
|
|
| domain | founded_year | HQ Location |
Offers a cloud-based platform for well planning and testing solutions.
|
| 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.
|
Frequently Asked Questions about PetroBench
When was PetroBench founded?
PetroBench was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is PetroBench located?
PetroBench is headquartered in Frisco, United States. It is registered at Frisco, Texas, United States.
Is PetroBench a funded company?
PetroBench is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jul 24, 2023.
What does PetroBench do?
PetroBench was founded in 2021 and is based in Frisco, United States. A cloud-based platform is operated for the design and analysis of oil well production systems. Tools are offered to streamline well design processes and support optimization. Focus is placed on eliminating inefficiencies in pumping system operations within the oil and gas sector.
Who are the top competitors of PetroBench?
PetroBench's top competitors include Oliasoft, Endla and Petro Path.
What products or services does PetroBench offer?
PetroBench offers RodSim.