Prosafe

Stavanger, Norway Founded: 1997 • Age: 29 yrs
Semi-submersible accommodation vessels are owned and operated for offshore use.

About Prosafe

Prosafe is a company based in Stavanger (Norway) founded in 1997. It operates as a Managed Services. The company has 281 employees as of December 31, 2024. Prosafe offers products and services including Semi-Submersible Accommodation Vessels.

  • Headquarter Stavanger, Norway
  • Employees 281 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prosafe Se
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment
Key Metrics
  • Annual Revenue
    $132.12 M (USD)
    48.16
    as on Dec 31, 2024
  • Net Profit
    $-44.24 M (USD)
    29.92
    as on Dec 31, 2024
  • EBITDA
    $25.77 M (USD)
    0
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    281

    as on Dec 31, 2024

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IPO & Listings of Prosafe

Prosafe is a publicly listed company on the OSL with ticker symbol PRS in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: PRS . Sector: Industrial services · Norway

Products & Services of Prosafe

Prosafe offers a comprehensive portfolio of products and services, including Semi-Submersible Accommodation Vessels. 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

Vessels are provided for offshore worker accommodation needs.

People of Prosafe
Headcount 500-1000
Employee Profiles 24
Board Members and Advisors 5
Employee Profiles
People
Reese McNeel
Interim CEO & CFO
People
Choon-Theng Khor
Commercial Director
People
Ryan Stewart
Chief Commercial & Strategy Officer
People
Halvdan Kielland
Corporate Finance Lead

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Board Members and Advisors
people
Glen Ole Rødland
Chairman
people
Halvard Idland
Non-Executive Director
people
Alf C. Thorkildsen
Deputy Chairman

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Funding Insights of Prosafe

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Post-IPO - Prosafe 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 Prosafe

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

Financial Statements - Prosafe

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

Prosafe Comparisons

Employees
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Competitors of Prosafe

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 Prosafe

Frequently Asked Questions about Prosafe

When was Prosafe founded?

Prosafe was founded in 1997 and raised its 1st funding round 26 years after it was founded.

Where is Prosafe located?

Prosafe is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

Who is the current CEO of Prosafe?

Jesper Kragh Andresen is the current CEO of Prosafe.

How many employees does Prosafe have?

As of Dec 31, 2024, the latest employee count at Prosafe is 281.

What is the annual revenue of Prosafe?

Annual revenue of Prosafe is $132.12M as on Dec 31, 2024.

What does Prosafe do?

Prosafe is established as a prominent provider of semi-submersible accommodation vessels, catering to the offshore energy sector. Operations are conducted in some of the harshest offshore environments globally, with a focus on achieving high operational efficiency. A fleet of vessels with capacities ranging from 159 to 500 people is maintained, equipped with welfare facilities, catering, storage, workshops, offices, medical services, and safety equipment. Strong performance in health, safety, security, environment, and quality (HSSEQ) is consistently delivered. Solutions are tailored to support global offshore projects across various demanding conditions.

What products or services does Prosafe offer?

Prosafe offers Semi-Submersible Accommodation Vessels.

Is Prosafe publicly traded?

Yes, Prosafe is publicly traded on OSL under the ticker symbol PRS.

What is Prosafe's ticker symbol?

The ticker symbol of Prosafe is PRS on OSL.

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