About Pure E&P
Pure E&P is a company based in Bergen (Norway) founded in 2005 was acquired by HitecVision in June 2014.. The company has 950 employees as of December 31, 2021.
- Headquarter Bergen, Norway
- Employees 950 as on 31 Dec, 2021
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.03 B (USD)62as on Dec 31, 2022
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Net Profit
$97.8 M (USD)43as on Dec 31, 2022
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EBITDA
$709.27 M (USD)72as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
950
as on Dec 31, 2021
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Acquired by
HitecVision
(Jun 01, 2014)
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Funding Insights of Pure E&P
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pure E&P
Pure E&P has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HitecVision. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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HitecVision is focused on investments in the European energy sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pure E&P
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pure EP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pure E&P Comparisons
Competitors of Pure E&P
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Pure E&P
When was Pure E&P founded?
Pure E&P was founded in 2005.
Where is Pure E&P located?
Pure E&P is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
How many employees does Pure E&P have?
As of Dec 31, 2021, the latest employee count at Pure E&P is 950.
What is the annual revenue of Pure E&P?
Annual revenue of Pure E&P is $1.03B as on Dec 31, 2022.
What does Pure E&P do?
Pure EP was founded in 2005 and is based in Bergen, Norway. Operations are centered in the exploration and production sector of the oil and gas industry. Growth opportunities on the Norwegian Continental Shelf are targeted through resource assessment and development activities. Hydrocarbon prospects in this offshore region are evaluated and managed to support production efforts.
Who are Pure E&P's investors?
Pure E&P has 1 investor. Key investors include HitecVision.