About PetroBench
PetroBench is an Energy & Utilities company based in Frisco (United States) founded in 2021 by Joel Gordon and Hans Gijsbertsen. Cloud-based platform used for oil well and pumping system design. PetroBench has raised $125 thousand across 1 funding round. PetroBench offers products and services including RodSim. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Downhole. Its competitors include Petro Path, AdaptiveWell and HXR Drilling Services.
Company details
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.
- Headquarters Frisco, United States
- Founders Joel Gordon, Hans Gijsbertsen
- SectorsEnergy & Utilities
- Email••••••••
- Website petrobench.com
- Social LinkedIn
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jul 2023
Products & Services of PetroBench
PetroBench offers a comprehensive portfolio of products and services, including RodSim.
Cloud-based tool for optimizing oil and gas well designs.
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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jul 2023)
All 1 funding rounds of PetroBench with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $125,000 | Seed | – | – | – |
People of PetroBench
3 people are tracked at PetroBench (3 in leadership).
| Name | Role | Group |
|---|---|---|
Joel Gordon | Co-Founder | Leadership |
Hans Gijsbertsen | Co-Founder | Leadership |
Ryan Gordon | Director Of Research | Leadership |
Complete people profiles for PetroBench
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 PetroBench
2 dated milestones of PetroBench across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PetroBench is founded.
- Funding First funding round of $125K.
Competitors of PetroBench
PetroBench has 3 listed competitors in our database. They include Petro Path, AdaptiveWell and HXR Drilling Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| petropath.com | 2016 | Williston, United States | Platform for searching, sharing, and saving oil and gas well directions. | |||
| adaptivewell.com | 2015 | San Juan Capistrano, United States | Offers big data solutions designed for the oil and gas industry. | |||
| hxrdrillingservices.com | 2010 | Anchorage, United States | Provides drilling engineering and geomechanics services for oil and gas projects worldwide. |
Detailed competitors of PetroBench
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Oil & Gas Technology Solutions
3 companies that operate in the same segment as PetroBench (Oil & Gas Technology Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 6.67 B | 1,820 | ||
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M |
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Frequently Asked Questions about PetroBench
PetroBench was founded in 2021 and raised its 1st funding round 2 years after it was founded.
PetroBench is headquartered in Frisco, United States. It is registered at Frisco, Texas, United States.
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 2023.
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.
PetroBench's top competitors include Petro Path, AdaptiveWell and HXR Drilling Services.
PetroBench offers RodSim.